100 is abit tight but do able

Dear,

Do show such low premium quotation, If it's true, I would think of buying it too.

CHeers

Sounds like a familiar sentence I heard before.

Cheers

Fuyoh, can feel the tension between these two 

Need some advice,

1. Me, a 19 y/o student, if I want to be protected, what should i buy? accident insurance, saving plan, or medical card?
Please explain to me the main difference between each of them, and the price range.
Definitely an all-in-one insurance plan(Investment Linked) is priority before considering others unless you already have high coverage by your parents. All in one includes  insurance coverage(death, tpd, accident) and hospital card

2. I am thinking that i should get medical card to cover medical expense if any, while the other plans are perhaps better for me to sign up later when I am more capable of. Is it right? Hope someone can enlighten me with any idea.
Once you have your insurance settled, then you can consider other plans when you're more capable. Look at it this way; insurance for protection, savings/investments to for future purposes like retirement or to secure your future financially.


3. My mom bought an insurance for me but only for accident, 100k if death, seems pretty useless to me because if i die or forever be cripple, the 100k won't be mine to use anyway. Is there a better plan to cover sickness and accident together?
Like the all-in-one plan

Thanks!

Any new medical card plan in market?
I'm exploring on this.

Hey all. I'm new to insurance and would like to look for a plan that leans more on Critical Illness/Disability coverage and Medical. Tried looking around the web but couldn't find any website that would show side by side comparisons with premiums calculated. Do you have any recommendations?

How is that superior to RM1.5 million annual limit, every single year with no lifetime limits, no-coinsurance?

since you said like this, why share "P" medical card only ?

The reason for a high annual limit now is so that the medical card will be able to handle the inflating medical cost in the future. The treatment at current time might not exceed RM1 mil. But in the next 30 - 40 years, maybe.

The insurance company are giving a good benefit right now in terms of giving such a high limit. Yet consumers complain why so high. Whereas, previously, it's just up to RM200k annual limit, they keep asking why so low.

There is no perfect line to please everyone as consumers will continue to want the best product in the market.

So instead of "best medical card", get the 1 that fits your budget instead.

How is that superior to RM1.5 million annual limit, every single year with no lifetime limits, no-coinsurance?

was calm then and still calm right now.

sorry le I'm not into product selling. I'm more of a consultant. You should ask those that like to compare the products but end of the day become undecided.

Medical card are suggested for severe sickness...I would think main cater for cancer treatment as 2016 in can easily go up to 500k.

When choosing a medical plan, do not think of how much you can pay monthly but what's the most expensive sickness cost.

Every 4 to 5 years review your medical protection, for standalone is easy and for ILP you need to keep add rider.

Nowadays more and more people is getting no annual limits. As annual limits is more important than lifetime limits.

Example..when you dine in a restaurant, bill comes and cost 700 but you noticed inside your wallet only have cash 300 even though your bank acc got 10k.

Try substitute,
bill cost = hospital bill
Cash in wallet = annual limit
Bank acc = lifetime limit.

Never think of lifetime limits when admitted to hospital. Do not think of going government hospital if you got medical protection. What's the point having medical protection but still go GH? If your r&b not enough to admit to private hospital, then why do you still buying it?

Most insurance from Malaysia can use it in oversea providing,
1. Less than 90 days
2. Malaysia doesn't have specialist or facilities
3. Emergency treatment.

When talking about above, then most of insurance company will have a limit. Some are rm 50k, some usd1mil per case.

sorry le I'm not into product selling. I'm more of a consultant. You should ask those that like to compare the products but end of the day become undecided.

1. Should be fine as the room and board will increase 100% in 10 year time
2. AIA panel hospital coverage is wide enough
3. As long as you're required to stay in the hospital per day.
4. 2 times per day until 240 days. Additional 2 more time if ICU
5. Doesn't make sense to separate the quote. The cost incur is higher. This idea doesn't make sense.

My current Prudential insurance plan:
Monthly premium: RM670
Room & Board: RM400/day
Hospitalisation income: RM200/day (normal), RM400/day (ICU)
Pre Hospitalisation: 30 days
Post hospitalisation: 90 days
ICU: 30 days
Annual limit: RM150,000
Lifetime limit: RM1.5mil
Death/critical illness benefit: RM350,000
Outpatient cancer & dialysis treatment: as charged but subject to overall lifetime limit
Medical cover until age 80
Death benefit until age 100
Co insurance 10% (min RM300, max RM1,000)
Surgical procedure benefit up to RM10,000 per procedure

Updated Prudential plan:
Monthly premium: RM870
Room & Board: RM200/day
Hospitalisation income: RM200/day (normal), RM400/day (ICU)
Pre Hospitalisation: 30 days
Post hospitalisation: 90 days
ICU: 30 days
Annual limit: None
Lifetime limit: RM1.5mil
Death/TPD benefit: RM350,000
Critical illness benefit: RM350,000
Outpatient cancer & dialysis treatment: as charged but subject to overall lifetime limit
Medical cover until age 100
Death benefit until age 100
Co insurance RM300 flat rate.
Surgical procedure benefit up to RM10,000 per procedure

Proposed AIA Plan
Monthly premium: RM800
Room & Board: RM150/day
Hospitalisation income: RM250/day (normal), RM750/day (ICU)
Pre Hospitalisation: 60 days
Post hospitalisation: 120 days
ICU: 120 days
Annual limit: RM1.0mil
Lifetime limit: None
Death/TPD benefit: RM400,000
Critical illness benefit: RM350,000
Outpatient cancer & dialysis treatment: RM750,000 (per lifetime)
Organ / Bone Marrow transplant: as charged subject to reasonable charges up to annual limit
Medical cover until age 100
Death benefit until age 100
TPD benefit until age 70
No co-insurance.

Seriously considering the AIA option. Any thoughts?

What you're saying is that I'm obligated to answer your question ?
Since you insist to ask me to recommend a medical card, I feel that AIA medical card is quite good.
Don't agree ? Get another opinion since you're asking for a recommendation. Hope it answers ur question.

Dear,

The general terms of "NONE" is "NO" therefore the general understanding of none annual limit is NO ANNUAL LIMIT.

In this case Annual limit should be "Annual limit: Lifetime limit" or "Annual limit: 1.5 mil (same as lifetime limit)" and not ""NONE"

Please alter if there is any typo else the above is a misleading quotation!

change to an agent still living in this world

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.

yup yup good idea too. my fren is in need of money to settle cc debt, hence i am looking alternative for him. I worked in singapore insurance company, NTUC income, the loan interest here is only 4.5% daily, compound on yearly basis correct me if i am wrong below

my understanding is that you are not require to repay each month, a min fixed amount like normal bank personal loan / credit card, but instead it is ad hoc basis, you can pay back any amount any time, then your principal loan will reduce?
or is it a different case in malaysia?

I've updated my comparison table as attached.
Seems like AIA has an advantage over Prudential and Allianz.
Thoughts / comments please?

I've updated my comparison table as attached.

Seems like AIA has an advantage over Prudential and Allianz.

Thoughts / comments please?

Seems like investment not attractive at all.

Updated comparison V3

Nope. They probably have but it requires an additional rider which will then increase the monthly Premium.

Got a quotation for ILP at 200 per month that has 45k DB, 150 BR, 900k annual limit and no lifetime limit. The coverage is whole life. Is this standard guys?

Btw I am 29 years old and non smoker. Have no prior medical history too.

Here's me laying out the facts again

On top of all recommendations that you get from different companies,
there's also another vital part that you need to look at beyond the benefits/premiums.

Although some can be cheaper or more expensive or some can have less benefits, you have to look to the policy that you sign with the company. In that, I mean the contract you agree on how a certain company rules over your life insurance. Their term's and condition.

Personally? The clauses that they can even put in the policies are insane.
*Oh, let me add that I actually know people that suffered from this ridiculous clauses.

**I should really copy paste this paragraph lol 

stop confusing people with your statement.

You're indirectly saying insurance policies T&C are absurd without any concrete evidence.

another supersound in my ignore list

Dear,

Kindly please answer my question.

Thank you.