Whoops, I was wrong.

Lifebalance is correct.
CI does fall under Medical portion (3k)

This post has been edited by JIUHWEI: Mar 3 2016, 10:32 AM

For the benefit of all our brothers and sisters here on LYN,

Please, I beg you to reveal the hospital that has such a practice.

Just ignore him.
I just like to provoke him with his nonsense.

Then it shouldn't be a problem for you to remember the hospital's name isn't it?

I will be more than happy to handle your claims. Just hand me your original receipts, your policy booklet, and medical reports.
If it's a legit case, I'll get it through and you'll get your claim cheque.

Agents do not decide if your claims are approved.
Whether or not our "luxurious vacations" are paid or not, it doesn't affect any claims whatsoever.
Langsung tidak kena-mengena.

It's as if you're saying
"My nose is bleeding because the ice-cream was white."

Does it make any sense?
Or are you done making a fool out of yourself?

Then hand all of us here the claims which are rightly claimable but not honored. I believe many here can contribute in helping you sue whichever insurance company it is.

Thank you for your charitable efforts. The local community in Seremban is forever indebted to you.

Well, so many here have been providing very good, factual information for all, creating a good competitive environment for those seeking help to compare.
Even God cannot help you if you don't help yourself and keep rejecting God.

Hey guys, I think this can form a basic needs-based rule of thumb to how much Life Sum Assured that you should be having.

Life Insurance Worksheet

1. You and Your dependents' annual expenses, including mortgages, loans, credit card debts $____________
2. Your other dependents' sources of other income, including salary, interest and dividends, social security, pensions, etc $____________
3. Additional income needed (subtract line 2 from line 1) $____________
4. Divide line 3 by the interest rate you expect to earn (for example, if the prevailing interest rate is 8%, divide line 3 by .08) $____________
5. Face value of the policy needed (the sum of values above) $____________

This post has been edited by JIUHWEI: Mar 30 2016, 11:20 AM

If your company's medical insurance benefit is provided by AIA, you can choose a plan with a deductible option with AIA too!

Check out "A-Health Maximizer".
It is a top-up plan with a range of deductibles to choose from.
I think this would be exactly what you're looking for: https://www.aia.net.my/AHMPortal/download.html

There is the conventional option, and the Takaful option.

Hope this is what fits into your criteria

If agent koyak, matilah

Fuyoh, can feel the tension between these two

It's down to the standalone medical plans lah.

Here you go (Pg 31): http://www.aia.com.my/content/dam/my/en/do...Med_Regular.pdf

Hey bro, there might be too much info but I think here is a good place for you to start exploring:
http://www.insuranceinfo.com.my/insurance_booklet.php

You're going in the right direction! Keep it up!

But to be fair, PRUlink fund isn't all that bad.

PRUlink Equity Fund: http://www.bloomberg.com/quote/PRLEQTY:MK
Public Mutual Growth Fund: http://www.bloomberg.com/quote/KLGWTFI:MK

On a rate basis, the PRUlink Equity Fund did outperform Public Mutual Growth Fund over the past 5 years.
But of course this isn't reflected in your policy cash value due to COI charges, the agent's commissions, etc.
Agent's commission is only 6 years, after that there is no expense ratio at all (1.5% annually for UT).

Not only that, I'm sure the COI for ILP is lower compared to if you would have bought a standalone product, eg: medical rider.

To sum up:
1. Lower COI
2. Better fund performance
It's really no real/significant difference than paying for a standalone, and buying your UT from UT companies.
In fact, buying separately sets you back by that little bit (if for the sake of arguing la), or really no real difference.

*For the sake of relative Comparison:
Your UT: RM1k/mo + Standalone Insurance Premiums vs RM1000/mo + the same Standalone Insurance Premiums in ILP Premiums (Any insurer)

Please note that the above is strictly for the sake of comparison.
If UT so bad, I also won't buy lah. But I did as it is only beneficial to my own financial plans for the long term.

(Okay, that being said, I kind of want to highlight AIA Equity Plus fund here for a bit of marketing la )
AIA Equity Plus: http://www.bloomberg.com/quote/INGEQTY:MK
AIA Dana Dinamik (Syariah Compliant): http://www.bloomberg.com/quote/AIADYSY:MK

You guys are so cute!

Itu macam Lamborghini. Everybody looking at it

Here's my two cents:

While EastSpring Small Cap Fund is overall a good performing fund, it is unwise to compare it or even replace it with your EPF.

Simple reasoning:
EPF has a very very low risk compared to equity funds. For the same category, a steady return of 6% is really quite good.

While EastSpring Small Cap is exciting, it is after all a higher risk fund.
By right, I would include EastSpring Small Cap into my equities mix, and not my EPF.

Okay, two cents dah habis. Nak lagi kena top up.

It's great that you are looking into your finances at such a young age!
Your parents definitely did parenting right, and I don't say this loosely.

Well, sad to say that you might get contrasting info from this forum as each agent is trying their best to solicit/secure appointment and/or business here. Some times even being ridiculous, having war of words among ourselves unnecessarily, making a fool out of ourselves (myself included).

Here's a portal with all the relevant and necessary info for you to explore: http://www.insuranceinfo.com.my/#

There's also an animated life stages clip with quick links (pretty useful), sort of like a wizard holding your hand taking you through the different life stages! I do find myself in it, and it also helps me in my own plans.
Here's the link: http://www.insuranceinfo.com.my/lifestages...ntPrefLangID=1&

Happy exploring!

The rates are all very compatible across the board.
You won't get any real difference unless you manage to find an agent with just "cheap" as their only selling point.

Local cars are cheap.
Japanese cars pricier but offers more performance, better safety features, better durability.
Continental cars offer luxury, prestige, very expensive to buy, very expensive problems too.

But everybody who can afford is rushing to buy a continental car.
Everybody who can't afford a continental car prefers a Japanese car.
Everybody who bought local cars basically regret buying a local car.


With that said, your insurance needs should be planned around your lifestyle, common ailments within the family, affordability, your own personal goals, and what you want for your spouse and kids, and definitely your affordability.

If cheap things like a car already no good, in the industry based on numbers, the numbers do not run.

This post has been edited by JIUHWEI: Apr 25 2016, 10:08 AM

Clear description:

Company medical card covers up till 20,000/yr.

Personal medical card covers up till 1mil/year.

Should your bill come up to be 50,000, here is the scenario:

Company card settle 20k.
Balance 30k you can pay in advance with your personal medical card.
The receipt will state: medical card settled 20k, balance 30k charged to credit card.

Take the receipt and itemized bill lah, medical report lah, etc, to claim from your personal medical card.

How is that superior to RM1.5 million annual limit, every single year with no lifetime limits, no-coinsurance?

Yes there is.
The entire application form will be printed in your policy booklet, just like how our signatures are on each and every S&P document. If you don't know where it is, come to my office, I'll show you exactly where it is.

Yes insurance does cover treatment in other countries BUT it is up to the reasonable and customary charges in Malaysia.