Hi all,

I just bought an investment-linked medical insurance paying RM400 per month, which is 10% of my net salary.


Wondering if it is too high. How many percent of basic salary should go into insurance? Most people I know only pays ~RM200 for their insurance. I might have been pushed to get a package I don't need, kinda regret it now.

Different ppl have different need. The insurance agent should advise you accordingly to what you're looking for and recommend to you. If you have your own input you can voice it to your agent and ask him to give you his opinion but final decision comes from you

any alternative plan for 63 years old mother with
2 dependants?




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There is, but you're looking to cover life only? Any health issue or illness?

thanks for reply,
i think cover life only,
regarding health issue no serious illness so already covered by pension card should be enough

This post has been edited by itanium89: Dec 18 2016, 08:19 PM

What is the cheapest standalone PA in Malaysia (without hospitalization reimbursement)?

AXA (by HSBC) offer S$15 per year for S$150k coverage in Singapore. With discount when bundle with spouse and child. I think I'm going to get it. That's equivalent to RM45 per year for RM450k coverage.

https://digital.axa.com.sg/pahsbc/#/pa-hsbc

This post has been edited by almeizer: Dec 18 2016, 08:41 PM

definitely the plan can help u i suppose. just that you feel regret because perhaps agent didnt explain clearly how it the plan can help you?

what are you looking into for your mum? at least must have a basic medical coverage and life.

what is the individual details? age, sex, occupation, smoker/non smoker?

Would like to know most of the insurance company also come with no claim rewards for 10% every 3 years. Example: RnB150 after 9 year should be 195 for RnB. Let say 10 year I admitted. So the no claim rewards will be refresh or will remain 195 and continue to increase very 3 year. Thanks.

No idea for the rest but AIA doesn't reset back upon claim and its +20% every 2 years until 100%

is this true?

"Beginning next year, insurers will be required to offer pure protection products through a direct channel without commissions, said Bank Negara Governor Datuk Muhammad Ibrahim."

http://www.thestar.com.my/business/busines...irect-says-bnm/

This post has been edited by f-24: Dec 22 2016, 02:25 AM

Search through the thread and read up

Hello Sifus,

Would like to know, what plan or type of insurance needed to cover fees for case like admitted to hospital because of dengue or related virus?

And is there any plan that cover fees for minor treatment such as sore eyes, clog ears? Because this kind of minor treatment also sometime can cost a lot.

Thank you.

1. Medical card covers for dengue and viral infection

2. No unless it's a company medical card, this falls under clinical claim

prudential have clinic visit medical plan

Hey, have a general question here. May I know which type of insurance to get for general foreign worker that works in construction field? Thanks!

Company insurance

How much does it costs roughly? must be purchased through agent as well?

Very stupid and EXTREMELY slow browsing access the Allianz Insurance online portal..

First time Reset Password because quite few months don't access to online portal to check the transactions detail.
After reset password, need "Activation Code"... (I though need to key-in "Product key"?)
After get the activation code, finally can check the personal information.


Then after 3 or 4 months, I access the Allianz online portal, AGAIN need "Activation Code". This activation code not like TAC send the code to the mobile number.
In fact, need request the activation code from Allianz there.. Is it everytime before I access this portal, then need "Activation Code" everytime from Allianz??

Feel extremely stupid for their system..

Depends on the package u want to take, group insurance min 5 ppl to register, either through agent or direct also same, no cheaper/discount whatsoever if you go direct.

I guess it's just a security feature, like my Citibank credit card, although already log into the system with my account, when view summary of the bill also need to wait for OTP code. More secure I guess, someone would stole ur password but with OTP, unless someone took ur phone at the same time as well.

If I m not wrong, the bank like Citibank will retain the account max 1 year. Meaning that whenever you have log-in your account within 1 year, your account still can access without so called "Activation Code".

If wish to more secure or afraid been stole my password, they can implement the code will directly send to email. If we cannot access email (example forget email password), they can retrieve directly to the mobile number. There is always can easy to settle without compulsory contact to customer service. As what I see that, it seems like customer service quite FREE time to do this. Otherwise, it won't make customer service teams trouble to provide code to customers. Does it won't make yourself been complicated?

Based on my thinking, it seems like Allianz IT teams really poor to handle this online portal system. Imagine you are using internet banking everytime before we access the online portal which need activation code from customer service, how difficulty to access online portal purposely "just a check the transactions detail" only?