Dear all,

Do you ever heard about this MXM International company?

They are started to go aggressive in promoting their medical card which was claimed to be one of the best in the market.

I just want to know.. is their policies issued underwritten by the qualified insurance company?

For MXM, I personally went to their talks 4 times before I make my decision. Why 4 times? Because I want to make sure whatever they told me, I need verification from most famous insurance company senior group levels. Found out they all admitted silently. I even got about 9 insurance companies quotation to compare.i asked all senior to explain all the content in the policy, found out what I been telling, only few knows to explain but won't explain to their clients if they don't ask. I even make appointments to meet the Ceo of some company to explain to me.

I don't trust human words, I trust knowledge. That's why I said lots of agents are not knowleable but used their harsh way to cover it.

Hi, i want to know on the baby insurance as below

If the 7 months old baby sick and need hospitalize for few days and the mother need to accompany the baby for few nights.
How did the insurance cover the mother expense for those nights with baby?
What kind of charge will be impose to the mother during the stay? Will these charge cover insurance?

appreciate someone can explain this.

i am male 37 this year and non-smoker
I strictly need TAKAFUL with coverage for death only, no investment etc

What is aia vitality all about?

AIA Vitality is a programme where you get rewarded for being healthy. This programme had been used in Africa for the past 20 years.

In this programme you get to know more about your health, improve your health and enjoy various rewards ranging from discounts up to 50% on air tickets, free movie tickets, gym membership, health check up and etc for only RM10 per month at the moment.

How do you join AIA Vitality ?
- To join AIA Vitality, you must be a life insured or person covered under an eligible AIA life insurance or takaful plan.

More info and FAQ @ https://www.aiavitality.com.my

Thank you for a very clear explanation. But one of the agent is very senior agent lol....

nowadays AIA & GE have unlimited claim..how it works?

It's not unlimited claim, there is an annual limit that you can claim within the limit. Once it's exceeded then you'll have to top up for yourself. This also depends on what type of package you took with the insurance company.

1. Only if your policy said so, otherwise for latest AIA policy, there is no such clause.

2. Yes, just pay the additional RM1

hi guys just a couple of questions here on investment linked policies

1. is the account value equivalent to the surrender value?

2. will partial withdrawals(not to the extent of causing policy lapse) affect the sum assured or any other benefits of the policy?

Hi... anyone can advise how insure their solar pv panel n inverter for household? If yes, hiw you do that? Can top up to the housing insurance like fire and bulgary?

there's no really 'standard'. As he has explained, it's a guide. but guides are just guides. it can not be the same for every individual.

Actually he didn't mention basic coverage first or medical card first. and if you are breadwinner for your family. Just the options available to you.

Few questions i like to throw-out before you jump into buying insurance (PS, i'm not an expert in insurance planning and financial planning, just happen to be familiar with insurance products)
1) what's your budget? how much can you fork out a month for insurance? (sounds like your budget is kinda tight)

Will your savings be reduced if you purchase insurance? If your savings rate is being reduced, what impact it has on your future long-term goal (retirement, education for your children?).

2) since you mentioned your wife is working, so, if touch wood anything happens, your wife still have income. the question is, how much you want to leave behind for your family? what about paying off the house loan (if any) so that your wife does not have to worry about it?

Don't forget your EPF is also left behind for them.

3) next, if touch wood anyone in your family has minor/serious illness and needs to be hospitalised, is there money to pay for it? are you willing to opt for government hospital instead?

Since your wife is working, is she covered for medical benefits by her employer? Does she have any term life insurance provided by her employer?

If you have a tight budget, you do have to choose between getting coverage for yourself alone, and for your kids.

To be continued... need to makan.

I have been wondering why insurance company will only accept claims for in-patient treatment and not for day patient treatment. For patient's medical claim, doctor may state treatment is in-patient and thus charge a bigger bill. OK for the patient as the insurance company is paying for the bigger bill. Not really the case.

* patient does not incur higher cost with the in-patient bill
* insurance company pays the bill
* doctor gains extra $$ for no extra work
* insurance company profit is less, increase insurance premium
* patient pays higher premium

I may be wrong with my logic above, patients pay more in the end with the in-patient policy.

See The Star article below.

[attachmentid=7610001]

Can someone in the insurance field help me on why only in-patient claims?

Only the more serious treatments (ie in patient) are covered?

I had a not-so-nice encounter with this day & in-patient thing at the medical center here recently.

Cheerio.

Many thanks.

AA
What about something which develops overtime and later needs treatment, say, skin rash which later gets infected?

BB
I pick my nose and later bleeding internally?

Thanks.

P/S  Wonder why do some clinics at the start ask whether payment is by cash or via claim? Don't think it is because  they need to know for their payment process.

For an Investment-Linked Insurance for 1mil, GE vs AIA which one is better?

The value of COI increasing every year is also estimated only? Do you see a healthy level if table illustrate COI>premium at the 8th Year? By then fund value shall use to keep the protection running and fund value is something non guarantee.

Is this an important consideration?

Meaning the figures stated in the table of the policy still can be used as a solid reference to see if COI > premium in a short period of time or not, right?

Hi, is this the right place to ask for advise on level of coverage suitable for myself (as compared to what I already have previously purchased)? Now end of year thinking of analyzing my insurance coverage with family.

Thanks Holocene, those sort of ballpark figures are very helpful.

Additional follow-up questions:-
1. How do multiple policies generally stack up? For life I assume each pay out sum assured, and its just about the hassle of doing multiple claims. For medical can a person maintain multiple policies? Is there a benefit (for eg. I think if you've claimed a policy against one illness you're no longer protected against recurrence, so a second policy could cover that if at a later date it recurs, especially talking about cancer).

2. How to factor in employer's insurance coverage?

3. Life insurance of non-working/earning family member, any benefit/use?