Noted and thanks.

AA
Market value includes the land price etc. Insurance will only cover for the reconstruction, maybe x% of the market value?

Suppose I insure for RM0.5 million. After reconstruction, the bill is only RM0.4 million. Can I claim for RM0.5 million?

BB
So the costs will be different depending on the extent of coverage. I thought there is only a standard building coverage.

CC
So I should pool all my insurance with 1 company and try to get a better deal. Ha.

Many thanks.

i bought GE insurance n monthly pay RM200. Got this today... What if I dont pay?

One question came to mind.

If a shop (with shop insurance) got burnt down, can the owner claim for the insured amount after all the legal things have been sorted out (police report etc)?

Or the insurance company will only pay for the reconstruction cost up to the insured value over a period of time?

Thanks.

P/S Will this be fair estimation of the insured value?

AA Purchase price = 0.5 million
BB Each year, add 3% inflation
CC Insured value = 80% of BB

I bought it last year Jan. I pay every month. Age 28 this year.
Anyone face this issue before?

saving account. Got late payment once due to lack of balance in account. Then I transfer money to my agent for that. Others no problem.

Hi everyone. Would appreciate your help with insurance.
I have no experience buying medical cards. Please help.

Deciding to choose between stand-alone medical cards, AIA A-life med regular and AXA Affin SCO.

1) Are both guaranteed renewable? Do both have portfolio withdraw clause?

    Which card can be renewed for up to another 50 years?
    If I buy a medical card now in 2016 and then AIA or AXA comes out with another new medical card, say in 2020, do I reapply for the   
    new card like a new applicant and approval depending on my latest health status or can I continue with the card I bought in 2016?

2) Will my premium be increased due to my own heavy claims?

3) What other stand alone medical cards are there that are guaranteed renewable?

Thank you.

supersound is a professional at being cheated.
Reading about his gullible saga is like watching action scenes from bollywood.

You are right, when a MAA cheat a fellow here and he talk on this issue, other company's agents will say this is normal as they are trying to mislead that poor fellow that other companies won't cheat. And the next company also cheat this poor fellow, another company's agent will talk differently, this is insurance agent's SOP in real life. That's why I can be cheated for 3 times in a row

That agent I'm sure is not you

I understand that, those that not easily can be cheated sure you will avoid.

Hi All Insurance Gurus,

I recently did a review on my policy and decided to top my medical card

My old policy RM150:
Life : 50k
CI : 55k
Medical Card : 300k per life time
No waiver
Inside got cash value 5k ++

I top up another RM150 for the medical card with 10k life. Medical card Annual limit 1M and no lifetime limit with waiver

I had another MLTA worth 300k with waiver

I'm Planning to cut off the old policy since my sum assured is high enough to cover my expenses and it has no waiver and add another early Ci rider 100k into my new policy ( perhaps total cost me RM250-RM300 )

The problem is the cash value inside the old policy, will it worth to dump it all into the fund and let it roll ?

what i'm concerned is the cash value. if I dump it all into the fund. how is the performance comparison between the one I paying monthly in the old policy ?

Unfortunately the medical card can't cause it's an old policy before AIA and ING merged ( old silver card ). Yes the performance fund ( AIA ) is not guaranteed.

Is there a big difference :
I continue with the RM150 installment ( where small allocation goes to the investment linked fund )

or

I cut the policy and dump all the cash value into the performance fund ?

Question

If I am working in Singapore, should I continue to pay for my malaysia health insurance ?
My understanding is that if anything happen to me in singapore, my malaysia insurance will not cover right ?

So better off just cancel my malaysia insurance ?

Kindly advice

tq

So basically not worth to continue my malaysia insurance? (Just started few months ago)

I can imagine the malaysia+singapore coverage insurance will be a lot more exp right ?

So
Let say i continue my malaysia insurance.

I did coming back to malaysia once every 3 months

My insurance will be still cover ?
If i have an accident in singapore, normal hospitalise in singapore not cover right ?
If life & death that kind, am I being cover even im all happen in singapore ?

I'm comparing an Allianz plan with Great Eastern..investment linked... On the surface Allianz looks more value for the money.

However , the GE agent brought my attention to the "cash value" whereby GE plan is way superior in terms of cash value 30 years later compared to Allianz (about 30k more)

My question is, can and should cash value be taken into consideration when purchasing a plan? As Allianz agent told me it's not guaranteed and company just simply project . Or do they project on some sort of fundamental basis?

Thanks

Can explain what is this non deductible thing if you dont mind?

I have a question on excess claims

I stayed in a RM350 room under a RM300 company medical card. I was subjected to 50 per day excess charge as well as a coinsurance of 1000

I have a personal medical card of 400, what can I claim? Am I able to claim the unutilised portion since I stayed a lower room based on my personal medical card 400?

Both are Allianz cards

when there is 'no guaranteed profit' people will still go for it, why?

medical card is more enough.

Does anyone here know abt the etiqa takaful harmoni plan? izit good to invest?