For sure, the earlier you get your insurance is better and cheaper.
Example, you pay RM 200 per month
But your actual cost for the coverage only need RM 150
Thus, the extra RM 50 premium will be used in investment to generate extra cash value

Let say in the future it have extra RM 50k cash value in the account, and you're age 50.
Your premium for sure will no longer be charged at RM 150 anymore, it could cost more than RM 400 per month, however, due to the extra RM 50k cash value in the account, it able to let you continue pay at RM 200 per month. Until the cash value deplete or maturity of policy or you hallelujah.

This post has been edited by tyan1234: Mar 9 2016, 07:47 PM

Just get a financial planner to choose for you instead of having different company agent. Agents represent company, financial planner represent you to seek for the best insurance that fit your needs from the market

I dont have any accident
Mayb some sports injurury
Now knee got a bit pain
If not staying at hospital, then cant claim?
4k for physio

You may go to hospital to get it checked and see what's going on with your knee. It's still to your benefit that you know what's going on with your knee rather than thinking about the fees for an X-ray which normally wouldn't cost a lot together with a consultation of the Doctor for the diagnosis.

Medical card will normally have these clause as an exclusion meaning not covered.
1. Hospitalization primarily for investigatory purposes, diagnosis, X-ray examination, general physical or medical examinations, not incidental to treatment or diagnosis of a covered Disability or any treatment which is not Medically Necessary and any preventive treatments, preventive medicines or examinations carried out by a Physician, vitamins/food supplements and treatments specifically for weight reduction or gain;

2. Any treatment or investigation which is not Medically Necessary, or convalescence, custodial or rest care;

Accidental injury is easy to claim as there are no Waiting Period, unlike sickness, 120 days.

Go see the panel specialist and let him know you want to claim from your insurance.

If the procedure can be done as a day surgery, it is not necessary to get admitted in order to claim. The Doctor will then write the Request for Guarantee Letter to the insurer.

As a matter of fact the insurer may even question the Doctor if the Doctor admit you for minor injuries as it will costs more.

You may even request to do the physiotherapy elsewhere if it is not convenient for you.

Just ask the Doctor to write a referral letter if you need it to be done elsewhere.

Need some advise here.
I already have SmartProtection from GE. Looking for increase the TPD and CI coverage value. I should upgrade the existing policy or buy new policy?

You have to ask urself
Whether you feel happy to give more business to your current GE agent. Otherwise can look for another agent to buy the policy from.

The upgrade will depend on how much you plan to upgrade as well. If the amount is not alot then upgrade with the existing policy. If the amount is alot then you can plan to get from other agents if you're unhappy or not satisfied

This post has been edited by lifebalance: Mar 10 2016, 12:22 PM

exiting plan 100k, want to have additional 100k..
worth to upgrade or buy new?

If your existing plan allows you to add additional 100k than go ahead, if no, just start a new policy.

This post has been edited by ZurichVictorT: Mar 12 2016, 01:03 AM

Hi Guys,

I'm 31 and finally I decided to get a medical card/ insurance.

My medical condition as of today:

1. Ankle ligament torn (due to sports). Happened last year.
- 1st doc suggested surgery. I consulted 2 more doctors in another hospital. 2nd and 3rd doc said I can carry on without surgery as long it doesn't stop me from my daily activities. So after 2 months of rehab session I ruled out surgery and I feel normal.

2. Fatty liver (health screening report September 2015).

Are the above serious medical issues for the insurer? I don't want to hide my medical history because I know few years down the road it may cause me problem when if something related to the above strikes.


What I need?

Any medical insurance/ card that offers coverage without extra loading/ exclusion for the abovementioned condition. Are there any?

I welcome feedback from agents who have handled the above condition and I'm willing to buy from you. I have met a few agents before. They are unsure whether the above case can go without extra loading/ exclusion.

So please shed your opinion if you have come across similar case. Presumptions/ speculations will not help me.

Otherwise what I have in mind is apply to a few companies simultaneously (of course declare the history). Select the one which offers me without extra loading/ exclusion and cancel the other policies within the 15 days cooling period.


Is this a practical way forward?

Apply and get the policy out. Choose the one you want to keep. Otherwise you'll just never know the answer.

It's just like getting a girlfriend and you're thinking too much whether she likes you or not.

Great to see your sincerity in disclosing your current health condition. Before we can affirm you the underwriting decision, Pls answer the following questions:

1. We need doctor report to confirm you have fully recover from your ankle injury.

2. Show us how serious of your fatty liver level, provide us the 2015 screen test result overall.

3. What is your height (cm) and weight (kg)?

4. What is your occupation?

5. Any other hospitalization before or illness or injury beside above mentioned?

6. Any hospitalization before or any illnesses or injury beside the above mentioned illnesses?

What's your medical card company? Check out for accidental outpatient treatment, you may claim under that. I've previously helped a few forumer to claim for the physiotheraphy for accident outpatient in Great Eastern.

Ask your existing agent to upgrade from existing policy, if he wouldn't able to do so, you may pm me.

Dear Insurance sifu,

Recently, I came across this advertisement.

AXA 200 CancerCare
https://110cancercare.com/

- 50% of Cancer Patients Will Be Financially Broke A Year After Diagnosis
- 1 in 4 People in Malaysia Will Develop Cancer

It started me thinking on cancer treatment, a few questions came to my mind:

1. Does insurance medical card cover for hospitalization of early stage cancer?
2. Does it cover for treatment (chemotherapy/radiotherapy/etc.) for early stage cancer?

Thanks for helping to answer this for the benefit of those buying insurance.

AIA also has cancer plan under AIA 360 that features power reset and early cancer payment

1. If diagnosed early and found out. Medical card will pay for any surgery to remove it
2. Yes. It will cover under outpatient cancer treatment

If you have cancer plan then it will pay out as lump sum as pocket money

Medical card are covering the cancer treatment for any stage of cancer, no worries about it

However, the one you are reading is a plan which will compensate one with a certain amount of sum assured shall one diagnose with early stage of critical illness to pay off mortgages or living expenses.

Thanks lifebalance and ExpZero for helping to answer the question.

Glad to know that medical card covers for treatment of early stage cancer. This is a relief.

Understand also that Critical Illness claim does not necessarily pay for early stage cancer but subject to certain criteria.

Thanks for the help!

Dear,

1. Any hospitalization will be covered regardless if its early stage cancer. If anyone is diagnose with early stage cancer, there will be an additional pay out.

2. It will have to depend on what stage is the "early stage" so usually when you said early stage therefore it might not require (chemotherapy / radiotherapy / etc), Yes treatment is covered.

For female, there is also lady care rider for common female cancers and further more there is also buy back option where you are enable to purchase another policy.

Hi

i am curios whether can i claim my personnel insurance and company provided insurance at a same time?

for example; lets say if someone involved in an accident and hospitalize for a month (or so unlucky pass away), can he/she claim his/her own personnel bought insurance and company one at a same time?

Thank u.

Can only claim from one medical card at a time

If company medical card exceeded limit then only can claim that portion on your personal medical card

This post has been edited by lifebalance: Mar 14 2016, 01:15 PM