Bro roystevenung, I am a 31 years old non smoker male

was asking agent to quote me stand alone life insurance for 100K & 200K

they quote me from RM130 & RM260

but "u for life" online quoting as below

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how come so much different

ILP "fixed premium" will be higher than standalone premium, eg.
if standalone medical premium is RM900, ILP could come out with RM1500 or even more.

As ILP needs some money to channel to investment part.

Yup, cost of medical coverage is lower than standalone one (as insurance company can make some money through investment portion, hence can provide cheaper cost of medical coverage).
There is no free lunch.

Pay grade A premium will get grade A coverage.
Nobody expected pay grade C premium to have grade A coverage, everyone know insurance company is not charity organisation.

The agent should be the one explain all what is ILP about, and not directing some one doesn't know well about insurance, by saying if one wants to have fixed premium for medical coverage, ILP is the one provide fixed premium for it.

This is not a right message to someone totally doesn't know about insurance. He/she may totally misunderstand it.

One day, if the investment portion performs so bad, and policy holder need to top up the discrepancy due to insufficient fund from the investment portion to compensate the cost of insurance, then how?
Blame the agent never said or can claim from agent?

Whatever posted, is just want to channel a correct understanding about ILP.

If something is unknown aka investment return of ILP portion is not guaranteed then just explain it to clients, what is about.

While if the ILP fixed premium is not guaranteed to be fixed forever, and it only can be fixed if the investment return hit the projection, then just tell so.

It is as simple as that.

Why drag so many issues until need to show portfolio etc, and seems like so scare that people knowing the fixed premium is not guaranteed to be fixed forever?
It only fixed if everything fall into the projection or better than the projection.

ILP is a simple bundled or combo product. It is not a magical tool. It has its own strength, but has its own drawback as well.
I know ILP has good commission, but it is still agent responsibility to do the explanation about its mechanism especially for newbie in insurance, instead of just a simple statement ILP has fixed premium, you don't worry about raising premium like in standalone policy. 

curious on Day Care procedures, will consultation also be claimable or only procedure?

i bought GE insurance n monthly pay RM200. Got this today... What if I dont pay?

I bought it last year Jan. I pay every month. Age 28 this year.
Anyone face this issue before?

Does anyone here know abt the etiqa takaful harmoni plan? izit good to invest?

Problem is now the nominee is not mine....it was changed without my knowledge I jus got to know it during my insurance review. If nominee can b changed without me knowing i wan my monies back with interest! Grrrr .....gawd knows how long have i been paying to insure someone livelihood after i passes. And i dun have a trustee never have n was never asked to assign one...

I recently surrendered a GE policy and was required to get nominee's consent for application for full surrender. Nominee had to sign a consent form before I could surrender the policy. Why do I need to get the nominee's consent to surrender my policy?
Any insurance agents here can enlighten me on this matter?

It doesn't state that nominee consent needed if want to assign new nominee.

It just states that trustee consent needed.

any insurans for a big guy ah?
i try to get medical card untill now cannot get approval

In my case, I still needed my nominee's consent coz there's no trustee assigned. So nominee becomes auto-trustee, that's what I understood from roystevenung's post, "For policy that has not been assigned with a Trustee, the auto trust applies."

I dont have any accident
Mayb some sports injurury
Now knee got a bit pain
If not staying at hospital, then cant claim?
4k for physio

my father just passed away due to cancer (diagnosed stage 3c last year).

if i want to take insurance for CI & cancer, am i covered? or cancer is considered as congenital disease?

i am healthy (never do medical checkup).

Hi everyone,

Need some clarifications on deductible. I'm having a medical card with a 50k annual limit. Would like to buy a second MC from AXA SmartOptimum plan with a 20k deductible as it offers a 50% discount on premium. Not sure about how it works? Based on the following scenario, per calendar year

Hospitalization 1 used RM10k
Hospitalisation 2 used RM15k

Can I claim for the 5k which is above the deductible (if I don't choose to utilize my first Medical Card). Secondly any subsequent hospitalization, can I claim from the AXA?

For the outpatient kidney dialysis or cancer treatment, does it also subject to the 20k deductible too.

Thank you in advance all sifus.

Just some random questions that pop up from my head, I'm currently having a medical insurance with AIA and I would like to ask:

1. If I was diagnosis with mild dengue that would not need me to be hospitalized but still required me to pay for my med, can I claim using my medical card?

2. If I accidentally fell and break my wrist and still no hospitalization required but required to put a plaster on. Will my insurance be able to pay for it?

3. This happens to one of my colleague, her wrist was diagnosis with crack and experience pain regularly and slowly becoming more serious due to long hour of sitting in front of computer and using the mouse which puts a lot of stress on her wrist. There are few remedies, one is through surgery and another is acupuncture. Her doctor recommended her acupuncture but the full treatment was more than 10k. She tried approaching her insurance company but they refuse her claim. So I was wondering does apply to AIA as well?

I have prudential basic term assurance policy ( medical card) which premium rm1200 payable annually, can i change to paid the premium monthly?

My friend has a Pru Lady card.. She went to clinic and discover gallstones. One of the gallstones are big and require operation to remove. But doctor mentioned that its not urgent to remove.

So, if she go to private hospital, can she claim for the operation?

She needs to get the doctor to get her admitted and insist to remove on the stone

Hi, my brother has a prudential investment link insurance (medical card,life insurance , pa and some other rider), bought 10 years ago, recently he want to upgrade his medical card, but the agent told him not easier to upgrade due to the policy bought 10 years ago and he pursuit my brother buy new policy instead of upgrade. He give my brother 2 option
1, increase premium monthly rm150 to rm290 first, but all rider stay same with same amount, after that he try to upgrade my brother medical card but the problem is if prudential not approve to upgrade his medical card, my brother need to pay rm290 instead of rm150 every month, but all his rider stay same, is sound like not worth, pay rm290 every month but nothing increase or upgrade if new medical card not approved.
2, surrender old policy, bought new one. Not worth also,right? if everyone upgrade policy not approved, that mean we need to surrender old policy every 10 year and bought new policy every 10years, how about our cash value, we only can get back not much cash value if always surrender every 10 years. Please give some advise, thanks

Noted on that. Since I do not actually need the medical card now, what if I just get a medical card with the minimum limits, etc. Then subsequently in the future I upgrade it depending on my capability at that time. Would that be a better way?

When I upgrade in the future, will I be reassessed all over again I.e. the premiums charged will be equivalent to another person (with exactly the same age, health condition, occupational hazard, etc) who is buying a similar medical policy for the first time.

Is there any chance that I may not be able to renew in the future?