Assuming no lapses for the standalone policy...

[b]Insurance company cannot "reserve the right not to renew the policy". ....This apply to ILP medical card, does this apply to non-ILP, standalone medical card from life insurance companies, such as Prudential, GE and AIA?[/B]
I don't know about others, but I can speak for AIA & AIA Public Takaful.
For as long as you pay your existing medical insurance premiums upon each renewal, you will be covered up to whichever maturity date as stated in your policy.

Just would like to find out same application for standalone policy.

Btw, will the insurance company add loading to the premium in the next due date, once we made claim with the medical card?
No it does not work like this for individual policies. Should there be a hike in premium above and beyond the scheduled premium rates, it is an across the board hike, just like what we all experienced late last year till earlier this year.
Your claims will not affect your own individual policy rate (limited to medical ins. bought from and sold by life insurers).

*Insurance is a game of large numbers. There will be pools of funds catered to meet the claims. Unless the actuaries screwed it up, the premiums collected will never ever be less than the claims in any one year.

For GE insurance, is medical check up required for a 25 year old non smoking male? I have a non life threatening joint disorder, agent did not advise to disclose. But another friend of mine said GE has the right to reject my claim if I did not disclose. Since my policy is already enforced, can I still make the disclosure? What is the implication? Thanks.

You will need to disclose the health problem otherwise your future claim will be rejected if it's health related

Since its already in force, you will need to contact the insurance company and fill up to a form to inform them that you will like to disclose your health that you missed out previously and they will review your disclosure.

Before you call me unprofessional, are you saying the company that you represent is unprofessional by misleading the public based on the screencap below, is that what you mean ??

https://www.greateasternlife.com/content/da...ic-enhancer.pdf



Don't simply accuse or pull down another agent if you intend to use strong word like "unprofessional".

This post has been edited by lifebalance: Jul 7 2017, 02:39 PM

Bro, I don't think anybody is trying to get into a fight here, but that lifetime limit has already been removed, can you can see from the excerpt below, sourced from the GE website:
https://www.greateasternlife.com/my/en/pers...-questions.html



You can also refer to those with the latest policies from GE to read through the policy book and clarify the no lifetime limit, which I've posted earlier as well.

Good, and your company should come up with a new brochure rather than displaying the old one. No one especially the public will know about this if it's hidden somewhere in the website and expect people to navigate into that particular option to find it.

That is why I said "unprofessional". Other people is using smart medic xTra plus smart extender and you are using smart medic xTra plus smart medic enhancer as comparison.

So get your facts right before u start barking

Whether it's Extender or Enhancer, we are talking about the smart medic xTra which is already clarified as per above, now what are you barking about ? trying to win a point that you lost ?

Good, continue to make a fool out of yourself.

Wild_card_my. Please add this into your collection as well.

But I am glad that you admit your mistakes. Try to be professional when you state things that you know, like the products your company offers but not things that you have little knowledge of

The Rule of thumb is to only comment products that you carry which you are selling as we do not know the latest offerings by other companies.

Just a misunderstanding, so chill

I love this dude. Wise

I totally agree. We're all here to help and add value.

Are there any insurance package provided by AIA meant specifically for ladies?

You may read more on Lady 360 & A Life Joy as they compliment each other

https://www.aia.com.my/en/our-products/a-li...y-lady-360.html

Otherwise below is solely on Lady 360

https://www.aia.com.my/en/our-products/crit...fe-lady360.html

I've also attach 2 videos that explains to you what the 2 products are. For the fine print, always refer to the brochure.





This post has been edited by lifebalance: Jul 10 2017, 10:17 AM

PruWealth providing protection with 4 times of sum assured. and other 14 infectious disease
Firstly, you need to clearly analyse why you need such of this protection? Will the plan able to protect your income and your family?

Hi, I still ended up with PVM, 1mil med value point with 20K deductible. Using this as a shield to strengthen my ancient medical insurance with prudential... PMM1.. which just received notification few days back on increased insurance cost and prudential increased my lifetime limit to 210K now (originally 150K) .

One of the reason is to utilize the cashless claim with prudential's HAS. Not sure how hassle would it be if my 2nd medical insurance with another insurance provider. If need to go through pay-first, reimburse-later, not sure if I'll be ended with borrowing $$ to settle medical bill which will severely defeat the purpose of having insurance perceived to give me peace of mind.

Well, I still not able to figure out why prudential cost so much expensive compared to other providers and yet the limit and features are way below others. But, down to earth a bit, i really don't think there's free lunch with paying so little premium and having unlimited claims. It'll be like other providers being in charity industry with prudential otherwise? Well, insurance is just a figure plan, if customers starts abusing and over claim, then repricing will occur much rapidly to sustain the plan.

Currently my monthly premium is still manageable with the original rm300+ monthly (medical plus CI and few other riders and ILP) and topping up about ~rm100++ (ILP with bare minimum life protection, just going after PVM) for the medical insurance expansion, effectively bumping up my 210K lifetime limit to 1mil fully covered lifetime limit and 20% coinsurance if to utilize the unlimited lifetime limit after 1mil exhausted.

Thanks for sharing! I think no a bad ideal to top-up with another deductible med card from the same insurance company.

As for me, my family has PRUhealth med card + ILP + some riders (med card with 50k annual limit and 520k life limit), I did consider to get the PRUvalue med card with 20k deductible as a top-up for the PRUhealth med card, but I find by paying two med cards cost is quite high for me (especially, I need to pay for 4 family members and Prudential's premium seems higher than other insurance company - maybe my PRU agent likes to bundle a lot of riders ). Also consider other General Insurance companies' standalone med card plan... At the end, I opted the GE's Great Medic Xtra Great Extender med card + ILP with minimum bare lift coverage.

This post has been edited by clickNsnap: Jul 11 2017, 02:16 PM

cannot blame lifebalance here as the product brochure from official website is still the not updated details.

better disclose. you can still disclose and let company investigate.

If the second medical card is from a different insurer, then the client will need to pay the variance not covered by the 1st medical card and using that original receipt+tax invoice, medical report, discharge summary, letter of settlement then file a claim with the second insurer

When I was browsing though the GE website, there are so many plans... https://www.greateasternlife.com/my/en/pers...alth-protection
see until

Thus, best is to leave the respective insurance company's agent/expert to provide advises/comments/feedback, rather than provide the wrong info

Sound like not easy tasks for me , personally, I think better to stick to one med card or two med cards in the same insurance company (one is base med card + a deductible med card).

This post has been edited by clickNsnap: Jul 11 2017, 03:24 PM