Hi every expert here, any recommendation for medical coverage for elderly from age 70 onwards? The current medical coverage is expired at age 70. Thank you for your kindness to share.

Hi guys, in need of some expert advice here.
I've been a traditional policy holder for the past 11yrs, recently I requested to be changed to an investment linked policy.

However, I was told that in order to proceed with this, I will have to continue paying my existing traditional policy for the next 1yr before I could cancel/surrender.

So my question here is, why do I need to pay for 1yr, by right I could surrender my old policy once new policy activated upon reaching 120days, right?

Please advise.

*PS I've contacted my service provider Hq yet they couldn't give me a convincing answer for this 'mysterious' 1yr term.

Anyone can advice on complaints on agent providing misinformation? And also the manner and time taken by insurance company to process the dispute.

Where can I forward complain to?

Hi,
Agent remains the same.
Does ROP affect the client(me)  in any way? Or it affects the agent?

The thing that makes me uncomfortable is that I was told that I should pay for traditional policy for 1yr + new ILP policy. In other words for the next 1yr monthly allocation for insurance almost doubled up.

As a policy buyer, I feel it's unfair for me to go through this just to upgrade my policy to a better/which offers higher coverage.

Any suggestions to tackle this?

Hi there,

I am interested in purchasing an insurance plan for myself. Completely new to this and would like some advice.
I am 28, female, non-smoker (if that still matters). I am looking for something with a medical card and covers critical illness.

I am just wondering what are the important questions I should be asking if I want to purchase my first plan? Is it possible to just buy one plan that covers it all rather than a separate life and health insurance?

Thank you.

Hi, need ask some SiFu here about insurance.

I got a Prudential BSN Takaful plan, I pay for RM140 Per Month, since 2013, already 5 years plus.
Today got a letter, it wrote my "Medical Rider Plan" is MAJOR MEDICAL COVER PLAN 100.

May I know is this the Medical Card type of insurance?

Is Medical Card insurance is also take into consideration that to buy younger is Cheaper than to buy later (older) which will more expensive?

Long ago Agent told me that if for Life Insurance, I bought during Young age cheaper than older later.
Don't is it apply same for Medical Card type of insurance.

Today got a letter from Prudential BSN Takaful, saying that my monthly premium will be INCREASED! to RM157.14 Per Month, due to those Inflation / cost of medication / etc...
Is this normal insurance Company review the market needed and straight increase the necessary to the Insurance Holder?

I'm not that good in insurance.
Hope someone can help here.
Thank you.

Hi Guys, I got a questions here about medical card,

In GE,
There is annual limit and no lifetime limit
What does no lifetime limit means? Is it refresh annual limit every yrs? YES

In Pru,
There is card limit and after card limit will become unlimited.
The unlimited will be 80/20, 20% patient need to pay, 80% Pru will pay for patient.

How do we compare this two company Medical card benefit?
Actually, I got my Pru medical card, but now I have seen GE is giving a better coverage compare to Pru, want to know you guys opinion, should I move forward to GE?
i will say there are pros and cons. there are no best medical card btw.

Hi guys,

I'm looking for some advice/reccomdations here.

My mum is 53yrs of age, she used to have insurance but due to agent issues the insurance lapsed many years ago. Hence, she's not protected in any way currently.

I'm looking to get a straight forward life insurance for her. She has gone through heart surgery previously & has diabetes.

Are there any products currently in the market that could suit her?

Thanks.

Folks,

For Great Eastern, is it even possible to obtain a PDF copy of our policies?

I mailed customer service, they gave me the usual “confidentiality” cowpoop and requested me to sign some statutory form, declaring that the policy is lost and pay some cash to reproduce a copy of the policy.

Didn’t lost my policies, I still have the physical copies. I’m just looking to archive my policies in PDF format - in my private Dropbox.

I am looking to purchase medical insurance + critical illness.
Have been doing research and to tell the truth.information overload.
How do you guys decide which package is best, who to buy from, which company etc?

My goal for insurance is to protect savings in case of any unforeseen circumstances.

Meh, this is what I received from wecare:

Thank you for your email.

We wish to advise that your policy contract is not made available in softcopy. Furthermore, the policy contract contains with your personal information and policy benefit details. As such, these document are not allowed to be transmitted via email in view of confidentiality purposes.

If you require any further clarification, please contact our Customer Service Careline at 1300-1300 88 or 603-4259 8888 (if calling from overseas).

Warmest Regards

I’m not very comfortable with their answer, let me try my agent.

Nah...I do not like how the data were presented in e-connect. It doesn’t clearly spell out the policy’s details.

It’s a personal thing. I got a habit of archiving everything into my Dropbox.

Bank statements, investment statements, telco bills, ID documents, travel plans, etc all stretching a span of almost 10 years. I usually have instant access to all my docs on my cell/iPad/home pc. SnP and loan docs maybe a different story though.

It never occurred to me to archive my insurance policies because softcopy was never to provided to me.

2 things changed my mind recently. Bought a med policy here in Singapore and Policy Pal.

Right after my med policy is in force, I was told that there aren’t any hard copy policy, it was avail to me anytime in their insurers portal. I felt that this is a good move for consumers and agents alike.

Then I got policy pal on my cell, a neat little gadget where import my policy docs, it’ll be summarize and table all important information in one single app - I did that with my newly acquire med policy.

Additional info, Policy Pal was develop by a SG fintech IIRC. Curious me eager to try out non-Sg policy on that app.

TL;DR - blokes like me loves to digitize personal documents hell-bent at getting his policies digitize.

sorry for noob question, for medical card. lets say u pay certain amount for premium now, can u withdraw them in the future? i read tht medical card is include saving? or is it like u pay but if u r healthy till u die, u will never get to withdraw?

ooh, one of my fren approach me and ask me to get hong leong assurance medishield ii. so im not sure is this the same or not.

recommend me cheapest stand alone medical card for consideration below:
-male, 38, non smoker, office workers
-female, 44, non smoker, house wife
-male + spouse (i.e. family)

ok as a freshgraduate
what kind of insurance need to buy for now?
life insurance or medical insurance
and better buy from insurance company or bank?
so confuse

I have already read this post before I ask it here.
Just to gather more opinion from various sifus
Thanks, this is so helpful
Wait
Not the other way round?
Like buying investment link kind of insurance first only get medical card as I just started working less than a year

1) Now I am 25, I was protect with Pacific family insurance. When I turn 21, I no longer enjoy the protection and need to have standalone insurance. 
That time my dad just ask me to sign everything without knowing there is Letter of Acceptance non standard term which exclusion illness when I was 3 years old, until now I never claim insurance.
Is it possible to remove it if I switch to another insurance company?
can try to appeal while you are planning for a new plan.

or I should approach one of the agent and ask them to purpose ?  
yes u can also get a new plan but make sure you declare the illness that you have when you were 3 years old

2)I am fresh graduate, I want to know more about Investment Linked Insurance vs normal medical card.I got quote from
Great Medic Xtra 150 (RM886 annul) and SmartProtect Essential Insurance 2 (RM 2400 annul)
I know normal medical card will increase every 9 years.
my question
a) If i purchase investment linked later, what is the premium at 30, 35 and 40 ?
very subjective. cant give you a definite answer on this.

b) If I buy the IL, I decide to cancel it, I will get the money back base on the fund performance ?
yes, based on the cash value at the point of time you wanna cancel it.

What is the meaning of rider ? sometime like MCD add on ?
in layman term, yes you are right

Which insurance allow Credit Card payment?
all insurance allow credit card payment

The exclusion term is sinus condition. (medical term is hyperpyrexia secondary to phasunasities)
It does not impact my day to day activity. Does not relapse since then.

what cause cash value to used up ?

Prudential agent, for baby insurance in pregnant, from how many week to how many week can buy the insurance?

Hello, need to inquire on a telemarketing CI coverage from MSIG.

I'm currently 32y/o and was offered with a SA of Rm200k term coverage (up to 70y.) Monthly premium is RM58. 25% cash back return upon termination of plan. Coverage only for Cvs disease, DM, cancer and Kidney failure.

Is it a good plan as I am not sure of the pricing for CI in Malaysia? Does other company provide better coverage for the price? Thanks.

Because other than RTA death, these are the main cause of disease and mortality in Malaysia.
Broad CI would cost more.

My question: is this TCI and coverage a good deal compare to the monthly premium quoted.
Are there better deals?

Thanks for your reply. I'm not sure of the market premium rates for CI, just want to know the general rates. I do know that usually telemarketing should have lower admin fee compared to buying from agency.

I initially don't plan to buy any CI plans but I would consider if the premium is a good deal.

Hi all,

I'm a 25 year old
i) male
ii) relatively healthy
iii) non-smoker

Curious to know if it makes sense to get the Allianz MediSafe Infinite medical insurance. Pretty new to this, as I have started working for two years now.

Would love to hear some opinions

Thanks a bunch!

I bought the Smart medic xtra and smart extender last year.

Already bought 13months. Let’s say now I go hospital, I need go pay anything?
if you are required to be admitted/surgery, then it can be claimed. you only pay stuffs that are not claimable (admin fees, ice packs, miscellaneous stuffs not related to the treatment)


Or got Critical Illness can I claim the insurance? Or have to wait certain time only can claim? Within 2yrs insurance company will not let you claim?
check whether you have the Covered Event Benefit or not. Critical Illness has 120 days waiting period. Within 2 years should any admission/surgery due to major illness, company has the right to investigate and reject GL (cashless claim upon admission). If your case is genuine, your medical bill will be reimbursed back to you after doing claims submission.

Another question is if I bought the medical card and after 6months Confirmed diagnosis Some diseases. will if affect my insurance?
not that i know of...

Hi all, I've bought my insurance from an AIA agent recommended by my father 3 years ago when I first graduated from Uni. Shortly after my first policy, she kept pushing me to make further purchases, but I did not go for any (I didn't think it was needed). Thereafter, her services has gone from bad to worse. Nowadays her service and response has been really bad. I was reevaluating my policy and my texts / questions were not answered, she just asked me to check online.

Is it still possible for me to change my insurance agent at this stage without terminating my current policy? If her service is so bad now, I can't imagine how it would be later when I fall ill and need to make claims. Even my father and brother policies are managed by this agent.

What are the chances for successful agent changes?

Seems like insurance agents can just sell and walk away without any after sales service while continue to get their 6 years commission.

Hi guys,

Before I want to sign up for insurance plan, do I need to go for a Medical Checkup?

If I'm not mistaken we need to declare our illness before we sign up.

What if I don't know that I have that illness in the first place?

Hello, I have recently talk to my agent and they assured me there is no problem for me since I have an old ILP(medical CI LIfe) which I have never claimed before. And since I have never claim anything before, it will not affect me

-- I have an old ILP plan bought at 2013.
-- I have done xray and went for chiropractor for my back issues in 2016.
-- Bought a new ILP plan in 2017, but in the health check questianire. I have put "NO" in both

"have you experienced any back pain ........ etc"
"have you done any xray scan in the past 5 years".

So my question is, will it affect my claim in the future?

Thanks for the prompt reply

The 2013 policy is an old policy that was bought by my parents when I was teenager, everything is ok.

And for the back condition, it is a normal back pain, not any specific illnesses, do I still need to declare normal back pain?

Hey Sifus, for a fresh grad to the working force (early 20s), what sort of insurance should I be looking at? I have a life insurance that I have had since I was really young so its best for me to continue using it?

A medical card is not the same as life insurance correct? Getting a new life insurance with higher sum assured would cost a lot more? Cause I thought the principal is that if you get life insurance really early on (which in my case since I was born) the cheaper it is? as oppose to getting life insurance when already getting old.

I've always thought that I don't have to reasonably  worry about medical as long as I'm employed, and just pay for life insurance. Of course, the company's insurance coverage is pretty extensive.

I'm looking for other opinions on this matter.

It's always the hardest thing to find the perfect balance. Throwing away 2 to 4k annually seems like a big deal, then again even with a permanent employment, there's no guarantee you won't get retrenched these days

Thanks for your opinion

I have a medical policy for decade or may be decades already that bought at young age, premium has risen more than 100% over the decades, and if I get a new policy now with the same company, the premium just a little hundred plus pa more only.
While if I switch to another insurance company, with the extra hundred pa, I got better annual/lifetime limit than the existing plan.

The so called "cheaper" buy at young age, is not significant at all.
Whilst, sometimes, newer plan may have better offer than old plan as well.

No matter how, medical insurance premium will still rise significant when aging, as insurance is not a charity to start with, they determine premium level based on pool of fund vs claim in their statistic, not whether one has bought the insurance for 10 years or 20 years.