Client will get a policy book usually within a month of the policy inforce.

For medical coverage, most of the insurance company are covering first 90 days when we are out of Malaysia
For Life/Critical Illness coverage, it's covered worldwide, 24/7.

For better explanation, you can always call to AIA at 1300-88-1899

the careline waited so long.. at the end, give up..

how long ?

I normally call in also 2 min can edi

>10 mins, during lunch hr..

ok ok, if can't get, get the agent

It is better to have a plan without an annual limit but with a lifetime limit. Of course if there is a plan with NO LIMITS at all would be the best, but the premiums may be sky high then.

Without annual limit cap, you have the flexibility of making claims as long as cumulative of all claims still remains below the Lifetime Limit.

Those with Annual Limit cap, means if the claim for that year is more than the Annual Limit, then claim payment will stop at the Annual Limit.

To put it simply; there is no cap on how much you can claim annually.

e.g.
Yr 1 - zilch
Yr 2 - 100k
Yr 3 - 1m

This is because usually you are capped at how much you can claim annually.
So the term unlimited is really to say that, well, this policy, does not put a cap on how much you can claim.

However, you are then bound to another condition, which is your accumulated claim is capped at, say, 1.5m.

English problems. No limit means infinity. Since the lifetime limit is 1.5mil then put annual limit is 1.5mil.

Or can use annual and lifetime limit is the same.

How about a plan with a RM1.5mil ANNUAL LIMIT,
with NO LIFETIME LIMIT,
and comparable premiums?

Are you hearing yourself?

long time ago the agent already gone to another world..

anyway, have this sorted out at branch.. thanks everyone..

Dear,

Annual is 1 year, life time is 99 years. So it is not a better plan to half no annual limit but with a lifetime limit. Misleading where annual limit falls back into life time limit (lifetime limited)

It is always better to have a high annual limit and no lifetime limit. Therefore claims can last a life time!!! Where as a lifetime limit, limits your claims in a life time!

How long do you life? No one knows, thats why life time unlimited is the advantage unless you only live for a year, which falls back to the mention limited claim 1 year (lifetime) only 1.5 mil.

Put it in a scenario, 1.5 mil medical bill in a year.

No annual limit, lifetime limit 1.5 mil
I live 30 years, how much can I claim a year? 1.5 mil, after 1.5 mil? Can I claim some more in that year, next year, next next year? Answer is no. Then bye bye for this medical plan.

High annual limit (lets say 1.5 mil), no lifetime limit
I live 30 years, how much can I claim in a year? 1.5 mil, after 1.5 mil?
Can I claim some more in that year, next year, next next year? Answer is, that year no, next year yes, next next year yes! Because there is no limit in a life time. Medical plan still continue.

Nuff said…

Dear,

You are correct but when that particular person is hospitalize don't gamble on the English dictionary for your life. Everyone knows no limit means infinity but the second clause state otherwise instead.

change to an agent still living in this world

Oh wells.
I guess you're not gonna answer my question.
So much for a self proclaimed consultant

You must be pretty ignorant to read what I replied to you 1 page back to bother to read. Anyways let's not waste my time with your unprofessional intimidation coming from someone who is not genuine to ask for consultation but instead to cause trouble.

This post has been edited by lifebalance: Apr 29 2016, 02:28 PM

Yes with a RM1.5mil Annual Limit without a lifetime limit with comparable premiums is definitely better than the other way round.

Under this situation, ensure that Annual Limit is really high enough for the next 30 years or so to cover medical inflation.

This is already intimidating? Jeez.

Well, someone asked to suggest a medical card.
And when I mentioned Prudential, you seem to have an issue about it because I only mentioned Pru.
This is what you said exactly "why share "P" medical card only ?"
So, I'm trying to understand what's the issue.

But when you said "I feel that AIA medical card is quite good", thats fine?
Aren't you being a hypocrite? Why dont you share about every other card that's available?

It's a double edge sword, an annual limit with lifetime limit of RM1.5million isn't too ideal for certain long term treatment.

High annual limit is to hedge for high claim severity risk. Example: Heart Attack
High Lifetime limit is to hedge for long term claim risk. Example: Kidney dialysis and cancer chemotherapy.

Nowadays medical card easily can cover both in most companies, of course with the expense of higher premium

Hey cutie pies,

there's a sandbox by the other side of the playground called "private message".
Maybe you guys can pull each other's hair over there?

Don't come back until you two shake hands and hug okay?

Move along now.

Dear Everyone

What is the best insurance for 2016 for personal