it depends much on how you want the benefits to help you with. so there is no plan that fits all. most importantly it takes your worries away

first thing first, what do you buy the policy for? you buy it because you know you must have it and you can afford to commit to pay? or you buy because agent try hard to persuade you to get it?

because end of the day if you have hard time paying it (squeezing the very last bit every month), you will probably not continue paying it. I cant give much comment. First of all make sure you don't "kill" your monthly cash flow.

perhaps different company works differently in that aspect

already have AIA medical card. is that a standalone since you say you are looking for ILP?

as of now i have not come across medical plan that come with annual health screen.

ic. ok then in this case you will be getting a new ILP for your own personal purpose.

well. to determine whether it is practical or not i think it still lies down to your own judgement. so long as after spending everything you still have say at least 10% to 15% balance (RM340~RM510) then it will be fine. then again you see whether is the plan really beneficial to you and will it help you achieve the financial goals that you want or not.

the pre-existing illness means before you apply the insurance policy. lets say for the scenario you mentioned, if the Prudential and AIA medical card is bought before you claim anything, then yea it is able to claim like the scenario you mentioned. no worries on that.

It is better to have a personal insurance of course. The best time to buy insurance is always now. The very basic i will say is at least get a medical card then slowly plan progressively in terms of life insurance.

There is a certain criteria on the brain surgery under 36CI claim. U can still try to file the claim. No guarantee though. Do update here the progress after you proceed with the claims.

Allianz is a life insurance company too. Standalone medical card is just covering medical/treatment expenses upon hospitalization/surgery. Simple and straightforward.

Whats your personal profile? Age, gender, smoker/Xsmoker, occupation.

If you have yet to have any insurance on hand, the very basic is to cover medical needs first. Then after that look into the needed life insurance and CI coverage amount.

Start from AIA, Allianz, GE and Prudential.

Can always change agent as you wish even after you sign. Paperwork to deal with perhaps change of some details like payment method, address, status, etc. But if not mistaken most of this can be done through online. I could be wrong though. Or you can also call your agent to email the needed forms if needed to.


U mean standalone? Difference as in the medical coverage benefits?

not all illness though, subject to underwriter's review on the illness medical report's result.

small issue like dengue fever, appendicitis, etc are mostly ok. no worries on that. just that upon insurance application, there are chances that medical report need to be furnished for the application and let underwriter go through.

Yeap there is. You can get insurance with these 3 coverages.

Lost of ability to work due to:
1. Accident (Personal Accident Insurance)
2. Critical Illness (Insurance with Critical Illness Payout Benefit)
3. Total & Permanent Disability (Life Insurance)

for overseas treatment will be reimbursement basis and also must be within 90 days from the date leaving Msia. other than overseas treatment, i think most insurance companies can fulfill your needs.

It's very hard to conclude how much you need to aim for without really discussing. if follow your potential income earn, rule of thumb is get 10 times of your annual income of protection.

if budget and health is not an issue to get one, can get one as a backup. still eligible to buy before age 65. so long she can get one, most medical plan covers up until 99 years old already. it's good that she is cover under husband's company insurance too. anyway get one for just in case situation.

there's no really pros and cons here. you see whether there is any upgradable options with your existing HLA plan or not. only if the plan that HLA offers cannot fulfill your needs then you can look into other plans from other companies.

most insurance companies have non-inv linked life/CI insurance policies. can easily browse through their website for more info.

since you are looking for GE agent, can one shot ask for your father's plan as well.

RM400 total for both?

more advisable to upgrade i estimate by adding another RM30/month can give you the 1mil/year limit already. can seek for your sevicing agent to assist you in this.

best is upgrade from your existing plan. if you want to switch, make sure your current GE plan is running because when medical plan is around 1 to 2 years old, touchwood should any major medical claims is made, company has the right to investigate and claims will be reimbursement basis. its ok to switch but you have to make sure your existing GE plan is active for another 2 years.

U see whether the upgradable options are on par with the current benefits from other new plans or not. Since the plan is since 2009, guess there is not much new benefits to upgrade. As of buying a new plan, sadly to say that there is no advantage even though you buy from HLA. Same applies to other companies as well.

replies in blue. cheers!

that's a very valid question right there!

I had done 1) the same surgery as you. for 2) my case is not that serious. as of the upgrade i'd done after sinusitis surgery, there is no exclusion on my medical card.

normal visitation to clinic is not covered. so long as your case requires you to be admitted for treatment/surgery, then yes it is covered.

cheapest will be just the medical card (no life insurance, no cash value, no other riders, etc.) both conventional and takaful also have standalone medical card.

agents will of course say all their insurance plan are good. so long as you see it benefits you for the future and it can really take away your worries and not a burden to your monthly commitment, then yea it will be a good plan to you. i will say insurance plans are good, depends what you buy it for.

Your mum is currently having a medical insurance whereby the premium increases year to year? If that is so, that it is a standalone medical insurance (medical plan, without critical illness/life insurance coverage). Are you still looking for standalone medical insurance then?

Replied as per above.

so long as you reviewed your plan and know what is the latest plan in the market that suits your current needs, its already good enough. true enough that plans that are very old might not be able to cover our current needs.

what is the pre-existing disease first? it depends. i give a real life example of myself. I did a sinusitis surgery in 2009. claimed my own medical card and did an upgrade on 2014. Because the condition is not severe so the new medical card still covers without exclusions. it still depends on what pre-existing disease are you referring to.

it depends bro. not all agents are like that. i will say that the HLA medical plan is very good given with the low insurance charges. i think most importantly is really looking the plans for consumer's point of view

check up the benefits offered by the travel insurance that you are getting. if budget is not an issue, it is always advisable to get a travel insurance if you are travelling to overseas. look at their T&C before purchasing

hmm... its not about the premium. its about having a backup just in case.

looks ok to me. you mean coverage is too much or premium too much?

difference in premiums could be around 5k to 10k? actually to view it in a full picture, one is giving a very small amount for 40 years+ and one is giving only from 66 years old. actually the total given premium I will say is almost the same (let's exclude investment return and inflation all together). what trigger your question?

it really depends how you see it. I have a friend who employer covers him RM20k/year. End up he go for a surgery that costs him RM23k. the balance of RM3k is from his pocket. Perhaps you can see personal insurance as a backup. Not sure how much company covers you because different company covers differently too. So yea, hope you can get one for backup purpose.

with the plan benefits given, RM550 is still consider ok. have to see through the details of the plan to really judge but generally with that premium, you are already getting good benefits already. as for monthly commitment, make sure you still have at least 10%~15% left after committing and spending. save some emergency cash in savings account every month. then you are good to go.

eh for real, sometimes hospital report small matter also can tulis until like big matter. i kena once before too.

in terms of the medical card benefits and coverage, most now are the same in terms of whether you take the standalone or the one attached with an investment-linked.

in short, get each of you a medical insurance cover and for life insurance wise, plan for yourself until your retirement age and also until your children reach independent age.

in short yes you can proceed with your idea.