Reading your post, this point is ultimately the main issue. In my case, husband and I are both in "same company until retirement" situations (he has reached the top of his, I'm one step away from the top for mine),  and both in industries where all the major companies provide almost identical coverage as a benefit, as remuneration packages are very competitive. Therefore, as long as either one of us are employed in the same industry (which is for next 20-30 years), our dependents will be covered quite comprehensively with a semi-permanent armour (in our case, already 2 armours) .

In summary, you have answered my question that in MY situation and at this point of time, child insurance (even a RM100 medical card) may not fulfil any real additional function for us. But once our employment situation changes, and if there is a real possibility that we may no longer have our 2 employment armours,  then we should quickly get ourselves new armour ASAP. At that juncture, I would definitely get more than a RM100 medical card as I value and understand the necessity of proper insurance coverage (which is why husband and I are quite well covered, and will continue to upgrade as our situations change).

Thanks for your time and sorry if I took a long time to get to the above conclusion. I have peace of mind on this issue now, but will continue to assess the need to buy,  as our family needs change over time.

Asking for opinion on insurance claim:

I have this pain in my wrist for months and go for diagnostic for 'carpal tunnel syndrome' or severe joint injury but the result is negative.. Previously was covered with AIA insurance from previous company. They did covered my expenses (one of the procedures to diagnose for TB arthritis that cost RM20k but still negative).

Now working with new company and no insurance plan, I plan to take an insurance plan which I can use for 'other diagnostic'. Is it possible to pay for 1-2 months and then do further procedure/diagnostic if needed?

I also have this sweaty palm / foot problem and planned to utilize my insurance if its possible...

Can a person with hep b carrier apply a medical card and life insurance?

Thank you. But what you mean by blood test reading? He or she already have it. Will the premium be more expensive and not cover liver complication/disease?

Not sure if this is the right thread but here goes. I got involved a car accident recently whereby a motorbike rammed to me from behind. He and the passenger got injured. They both are of indon nationality. Anyway i subsequently made a police report on this just to cover my arse so to speak. They were however reluctant to make a report and after i sent them to the clinic they said they will settle everything themselves.

Anyway if proven it is their fault, am i still liable to cover for their injuries? Cause i was informed my friends working in an insurance company that regardless of whose fault they can claim for 3rd party body injuries? So meaning i indirectly just made a report for me to be liable for the injuries? Given that they were reluctant to do so initially.

Thanks for the feedback guys and if this is the wrong thread do direct me to the right one!

I mean i am not here to debate whose fault is it. It is just on a general sense, can they claim my insurance even though it is their fault (if proven). Just for argument sake. Cause seems like according to the friend regardless of whose fault they can claim my insurance which doesnt make sense to me cause if so, if i have an injury that is accident related, i can just ram my bike into a car and pretend that i got injured it and claim his insurance. I cannot brain this.

guys wanna check on your opinion on savings plan from PRU..

death benefit 40k for first 5 yrs, subsequent yrs 80k...

annual premium - 15k, for 5 yrs only...

return is as per following:
- 1st to 5th year, 1.2k annual
- 6th to 20th year, 2.4k annual
- end of 20 yrs, 80k lumpsum

total investment is 75k, calculating the interest rate of fd as of now, say 4.5%, for 20 years, i would have gotten around 60k, where the annual payout from yr 1 to yr 2 will be 39600 to be specific... there is a balance of 20k if i were to place in fd, however the lumpsum payout after 20 yrs will be around 80k, so after deducting i get an additional of around 60k?

is my calculation above correct?

Yup true that. I got alot mixed opinions on savings plan. Mostly is for those that doesnt have much discipline saving, and/or those that have no experience in other investments

Personally i am 28 this yr, not much knowledge in investment, so what are your kind advise for me on saving plans?

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.

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

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.

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/

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.

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!

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..

I approached one agent online for insurance and the agent quoted me. I clarified with him but he give many conflicting information.

AIA
A Life signature coverage RM500K. - He mentioned that incase of critical illness the premium will be paid for and that I don't have to pay premium. 
1) Is this true ? 
2) will I receive any payment incase I suffer critical illness. or  payment only upon death and TPD.

Tq everyone for your advise.

In total he proposed 4 policy as below (I haven't receive email copy yet)

What I wanted is medical card for myself, wife and daughter and life insurance for myself.

My age 36
Finance jobs
He quoted me

A life signature : 500K = RM390 
A lifelink : Medical card 150K per annum(no lifetime limit), Accident 100K, 150K TPD+Death+Critical illness =  RM300 (myself)
A lifelink  : Medical card 150K per annum(no lifetime limit), Accident 100K, 150K TPD+Death+Critical illness =  RM225 (32 year old wife)
A lifelink : Medical card 150K per annum(no lifetime limit), Accident 100K, 150K TPD+Death+Critical illness =  RM150 (5 year old daughter)

Note : Additionally he said incase of TPD or death to me the medical card will be free for my wife and daughter

continued to be paid by insurance company means ??

This is applied for my wife and daughter premium too(which will be paid by me on monthly basis)?

Thank you very much for your explanation bro.... I really appreciate your help