I guess it's best you call up ur agent or the hotline company to ask for this info.

guys i need help, im 27 years old and have 45% ncb how come when i buy new car the insurance guy qoute me a fresh insurance higher by rm500 compare to the insurance stated on the car brochure?
usually car brochure got include the insurance amount, but when im quoted is extra rm500!! any reason why?
i never claim insurance in my life before
thankx

Check for any add on riders e.g Windshield coverage or any other coverage like flood, earthquake etc

Check also on the sum assured and whether the model of the car is correct.

hmmm ya hor, coz he got mention earlier adding addition 400++ for the windscreen, not sure the amount is included in the final amount, thankx for letting me know XD i kinda overlook that area . ill talk to the agent again tomorrow.

sorry my silly mistake
thankx thankx

you're welcome

I have question before consider to upgrade existing investment link insurance plan.

After upgrade policy and policy holder go for medical check up, find out dignosis of critical illness eg cancer or serious illness. Assume the illness has not been discover in few years passed. Will the insurance company reject the upgraded insurance policy? Follow back the old policy? Or insurance policy totally void?

1. You will declare your health to the insurance company again if you wish to upgrade.

2. The insurance company may reject, apply loading, exclusion on your new upgrade if there is health problems. If it's rejected then you will remain on your existing coverage.

In case medical report declared in healthy condition or we don't go for medical check up before the upgrade if insurance company don't request us to do.

Just later (after 3months) go for full body check up or specialist check up find out policy holder dignosis tumor or cancer. It's mean the upgraded policy is invalid too? Is it have any freeze period for policy in force or anyway to ensure ungraded policy can be use?

I always heard ppl said please ensure enough insurance coverage before go for full body check up.

This post has been edited by reeve-826: Sep 16 2017, 07:32 PM

for your case Smart Medic + Smart Extender
300K medical fees, the first 90K is covered under Smart Medic (take note of the co-insurance here), the remaining 210K is covered under Smart Extender. all under GL basis.

if diagnosis of some critical illness upon upgrade/new policy, then company has the right to underwrite your case again. else, just ignore the upgrade and your existing policy will remain (follow back old policy).

whatever new policy in the future will follow your existing health conditions.

reply in blue above

My friend bought AmMetLife investment link insurance 3 years ago, thinking to upgrade or swift to more popular insurance companies.

To be honour, I never heard about Ammetlife maybe no too mainstream 😅 . Do anyone can share their background like do experienced of slow processing claim etc?

😉☺☺😉

Switch investment link product within 3 years would cost losses on the account value, do think why need to cancel/switch.
Unless the insurance do not serve your friend purpose otherwise keep it.

AmMetLife is join venture with local AmBank, not the top in to market but with AmBank support don't think it will do bad.

Instead of just switching for the sake of switching, you should probably sit down with your life planner to discuss on your existing coverage and see what can be improved if you're looking for improvement.

As for AmMetLife, I think you can try to research on them via the online website. But as long as it's an insurance company, they have sufficient cash flow to run the insurance business, but probably they might not be focusing so much into consumer insurance which is probably why you haven't heard much about them.

Just my opinion though

Here's a copy paste of their Wikipedia source

AmMetLife was formed when MetLife agreed to purchase stakes in AmBank Group's life insurance and family takaful businesses for RM812 million.[2] The deal closed in April 2014.[3] MetLife has 50 percent plus one share in AmMetLife Insurance and 50 percent less one share in AmMetLife Takaful.[4] As part of the deal, AmMetLife has an exclusive 20-year agreement to sell insurance and takaful products through AmBank and AmIslamic Bank.[2]

As of March 2015, AmMetLife had an agency force of 1,100 and had the 10th highest market share among 14 life insurers in Malaysia.[1]

This post has been edited by lifebalance: Sep 17 2017, 09:48 PM

as long as he is ok with upgrade/switch to other insurance companies, then go ahead. AmMet Life is not a very small company also la. no idea about the claim processing but i believe it will be ok as long as it is a genuine claim with proper documentation provided.

unless ur friend wanna compare different companies benefits vs premium amount. then it is a total different story.

Losses on the account value for first few years probavly due to commission portion. If upgrade the policy, commission will start over, it mean premium still allocate less value to account?

Only the upgraded new premium will be counted for the new commission deduction

Example you're paying 100 now and your new upgrade is to add on another 200. Only this 200 is counted as new commission to the agent and not the entire 300.

If upgrade need extra RM200, the new RM200 will count into commission.
The old payment remain unchanged.

For allianz infinite medical card,if i stay at hospital exceed 150 days,the exceeding days i only pay for room charge?or the whole expenses for the exceeding days?a bit confuse becoz gt 2 different explanation from diff agent.

I'm looking for medical insurance for my 6 mths old baby. Any advice?

Deleted

This post has been edited by johnnywzm: Nov 4 2017, 08:26 AM

Great Eastern to sell stake in Malaysian ops for RM4.19bil

PETALING JAYA: Great Eastern Holdings Ltd is reportedly planning to dispose of its stake in its Malaysian operations for as much as US$1bil (RM4.19bil).

According to The Wall Street Journal (WSJ), the Singapore-listed insurer had already engaged a Malaysian bank to discuss the potential deal.

Great Eastern is a 87%-owned subsidiary of OCBC Bank in Singapore.

http://www.thestar.com.my/business/busines...-malaysian-ops/