very hard to advise. perhaps follow the general rule of thumb. make sure life insurance can support your living expenses at least 5 years to 10 years. from there, u can advise yourself in general.

can look into Hong Leong Assurance Medical Card. in terms of card benefits ya. premium wise and customer service wise is very subjective.

This post has been edited by ckdenion: Apr 17 2018, 04:54 PM

no idea. cant find the brochure. btw do u have the product brochure?

RM160K total premium paid (20 years), coverage up until 99 years old? just an opinion, possible to need top up or lapse along the way in the long run.

are u looking at 20 years payment term too with whole life coverage up until 99 years old?

for Great Eastern the very basic standalone medical card for your 2 boys each will roughly need RM650/year.

now there is unlimited standalone medical card plan in the market already.

if im in that shoes, by the time policy cash value runs out, want to continue the policy, the top up will be a lot already.

actually the RM8000 yearly premium from HLA looks ok to me. you are looking at minimal premium (20 years payment term) for RM1million sum assured?

to be more exact, cost/charges of insurance will increase over time. for standalone definitely premium will increase because of the increasing charges. for ILP it depends on the premium amount, it varies though...

This post has been edited by ckdenion: Apr 20 2018, 10:56 AM

replacing income only if you totally loss the ability to work and earn.

8k yearly for 20 years payment term seems fine to me. is there a fine print that states how long can the policy last? you are looking for a lower premium at the same amount of benefit?

do you have the fine print? let us look through and clarify for you.

what is the name of your ILP plan? if ILP plan is too old, can't add the latest medical rider in. have to get the latest ILP plan.

not to say disallow. there are some that are not claimable. check policy book for more details. it also depends on situation eg: is it an admission/surgery case? consultation fees can be claimed if you are hospitalized/undergo surgery. admin fees mostly not claimable. check policy book to clarify.

bro, by any chance you bought the SmartProtect Max/ Smart Legacy/ Smart Legacy Max? if yes, then yea there is no medical rider in these 3 plans. there is only 2 ILP that can add medical riders which is SmartProtect Essential & Smart EduScholar (for children)

oops forgot about takaful plans. the one you have can add medical rider. the name is i-Medik Xtra Rider and i-Medik Xtender Rider. just tell ur agent this 2 rider name he will add for you.

This post has been edited by ckdenion: Apr 30 2018, 09:55 AM

how long is the policy already? worse come to worse halfway might need to top up premium.

frm what i understand from its product brochure, there will be no protection only if the policy is lapse. if anything happen to you, then it will payout based on what you are covered then the policy ownership will be transferred. need HLA agent to clarify how this ownership transfer will be done. you can add in the medical card if you find it worth to do so. else, i think it is always better to have each individual medical coverage (if budget is ok).

reply in blue above guess another way is let your agent know what is the budget you have and let agent work out the best solution from your budget

mild diabetes you can seek for holocene for Allianz insurance that provide insurance for diabetics. heart surgery done before maybe susah sikit. maybe not able to apply medical and CI insurance. my dad did heart surgery before, cannot apply for medical card already. no harm trying though.

are u looking for alternatives other than Zurich? since your parents is just focusing on medical card, just get the standalone medical plan. coverage per year can start from around 100k to 2mil per year depending on your budget for the premium

yes. i-Great Mega is takaful plan.

i-Great Mega (takaful)
i-Great Mega PDS

if you bought i-Great Mega then no medical rider is available. the one that you bought can add medical rider.

in this case your concern is wanna get medical expenses coverage. if thats the case only (meaning no life insurance [death/TPD/Critical Illness] or savings) then just get the standalone medical card will do.

Since you say looking also for coverage when still alive, guess Critical Illness benefit payout (to payout a certain amount to cover your living expenses while seeking treatment for critical illnesses) might be also something you will want to look into.

can buy seperately as in 1 standalone medical card and 1 life insurance (with Critical Illness payout benefit). there is all-in package, it's the one that you mentioned - life insurance + "savings". its better to meet up and discuss to avoid any confusion here

hope you find what you want here!

with that budget and your concern on medical card, you can get a medical card to cover medical expenses for illnesses/accidents. when more budget is allowed then you can look into adding life insurance after that.

If we put premium aside, the benefits from standalone medical card compared to those in ILP (let’s assume the latest plan for both standalone and ILP medical), there are the same (mostly). Can easily identify throuh company brochures from their website. End of the day, its good to see your existing plan first and see whether standalone medical card is worth the long term upgrade.

I will only propose standalone medical only only if budget doesnt allow. Of course i can show you the long term difference between standalone and ILP. Do you have existing ILP plans? If have, can check whether medical rider can be included or not.