QUOTE(yahiko @ Mar 16 2018, 03:05 PM)
what the meaning of GIO
Guaranteed Issuance Offer - A special offer to selected existing client to buy/top up LIFE insurance without having to go for medical checkup even if they are senior citizen. The database will be selected from healthy existing customer with no major health history and premium paid on a timely manner.anyway.. is there another insurance cover for pre existing disease?
QUOTE(SureshG @ Mar 16 2018, 08:44 PM)
IT's not actually true. An agent won't give you a neutral point of view. For example, an agent from Company X won't give you neutral advise if a product from Company B is actually better.
QUOTE(aspartame @ Mar 17 2018, 10:46 AM)
May I know if it is necessary to still buy travel insurance when we travel IF we have already bought medical insurance that covers medical treatment overseas on a reimbursement basis which include repatriation costs? Is travel insurance normally cash-free or also on reimbursement basis?
Physical Therapy benefit
Emergency Dental benefit
Emergency Reunion benefit
Political Evacuation benefit
Natural Disaster benefit
Common Carrier Accidental Death benefit
Accidental Death and Dismemberment benefit
Crisis Response benefit
Trip Interruption benefit
Travel Delay benefit
Lost Checked Luggage benefit
Personal Liability benefitQUOTE(aspartame @ Mar 17 2018, 10:46 AM)
IF we have already bought medical insurance that covers medical treatment overseas on a reimbursement basis which include repatriation costs?
In Prudential we have a Rider called Pru Acci Guard and Pru Acci Income. The benefits are :
- Accidental Death & Disablement Benefit
- Enchanced compassionate allowance benefit
- Double indemnity for travelling in any mechanically propelled public conveyance
-traditional & complimentary treatment
PruAcci Med
- Overseas Companion Allowance
1. Return ticket ( economy class) for 1 of the immediate family to visit life assured hospitalized in overseas for at least 10 days due to Accident
2.One-way ticket (economy class) for life assured to return to Malaysia immediately after hospitalization
-Reimburse up to 50% of the sum Assured per accidentQUOTE(aspartame @ Mar 18 2018, 12:21 PM)
I am thinking of getting own medical insurance but with deductible option so that premium is cheaper. This is just a back up for my employer's medical insurance. My question is: normally, in the event I become unemployed later, or retrenched due to falling ill, can I then take out the deductible option of my own medical card and go for full cashless card at that time? Meaning, can I revert back to full cashless card without deductible?
And also, even if I do not revert back to full cashless, isn't it still quite OK if I do not mind paying my own bills up till 10k to 20k but if disaster like leukemia happens, I am still insured against those monstrous medical bill like over 200k to 300k maybe?
Thanks
QUOTE(Genghis Khan @ Mar 18 2018, 03:06 PM)
Hi there, I would like to seek your opinion.
I've been offered an insurance plan which consists of the following:
Life Insurance - RM500k coverage - investment linked
Medical Insurance - RM1 million coverage
Critical Insurance
Total premium is around RM550 per month. Is this abit too much?
500,000 divide by 550 = 909 times of payment
909 / 12 = 75 years
Lets say you are age 28 and you would need 75 years which you are 103 years old to achieve that savings of Rm500k for your family.
But if you pay Rm550, you instantly create a protection for your family. So comparing RM550 is too much for RM500k you can be the judge for yourself.
Another good thing is that, when you have created this legacy for your family.. you can spend your epf with a peace of mind because you have done something and need not need to specially saved all your epf/savings for your family. QUOTE(jfleong @ Mar 18 2018, 07:51 PM)
I have employer covered insurance now, makes no sense for me to buy one myself
The total bill is RM13k not counting follow ups treatment. He have to fork out RM3k from his own pocket but luckily he has his own medical policy to do the reimbursement which he has paid himself. The things that we may concerned is that after his company`s insurance paid the 10k does he still have company medical coverage? Is he still fit to apply for other medical insurance if he doesnt have his own personal medical yet. What if recurrence of the same illness? Its very important to have own medical insurance. You should get a proper and comprehensive insurance if you can afford it. If you still cannot make decision, just think about if " I ask you to take out your spare Tyre from your car " Then the feeling is the same for your personal medical card because the spare tyre ( company insurance) does not belong to you for permanent 
and it may lost when there is retrenchment, resignation,retirement or the day you become your own boss. But with having your own personal medical means you would not be afraid of the limits because prudential have no annual/ lifetime limit and it is NON-Cancellable.This post has been edited by rcantona7: Mar 19 2018, 02:36 AM 
Mar 9 2018, 04:46 PM
Quote
0.1014sec
0.93
7 queries
GZIP Disabled