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 Insurance Talk V3, Anything and everything about insurance

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kyone
post Apr 24 2016, 04:01 PM

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For those who works in sg and have company's medical card, buy insurance in msia / sg, which is better
kyone
post Jan 7 2017, 10:17 PM

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QUOTE(violetlace @ Jan 7 2017, 09:28 PM)
friend just popped the idea that he could act as adviser based on his experience.

Yeah he didn't tell me about the value depreciate part, thanks for the info Kengyan! true honesty wins!
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What is this "insurance value will self depreciates 10% once every 6 months minimum"? Mind explain more?

I only notice my policy states if no claim within 3 years, limit of claim will increase by 10%...
kyone
post Jan 8 2017, 11:40 AM

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QUOTE(Holocene @ Jan 8 2017, 08:07 AM)
Check this article out http://www.thestar.com.my/business/busines...-in-retirement/

The yearly increment of medical cost is nothing new hence nowadays you see a lot of medical coverage that comes up to RM1,000,000 annually.

Having a sitdown with your agent to review your overall insurance coverage annually is also advisable as needs in your life changes.

However, at the end of the day one must balance his own budget and coverage.

Best,
Jiansheng
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That's me. I just bought a basically-cover-all policy end of last year and the annual reimbursement limit is 1.2 mil. Didn't think too much until my friends and families pointed out the fees are on the high side. Was thinking of reviewing but now I think I'll just let it run since the medical coverage is good till 99. tongue.gif

Thanks for the explanations, guys. thumbsup.gif

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