I thought about the same answer but it was much better for you to get it confirm with the hotline staff.

Ohh, you DIDNT CANCEL the policy, that is fine. As long as you have 2 more months left there will no more refund.

Regards,
Bryan

Is it worthwhile to take up "Great Early Triple Care Coverage " offered by Great Eastern?

That depend on your individual assessment on your current insurance need.

No one can really tell you unless you have someone who have already help up to do an analysis and recommend based on what you need to be covered now.

I would recommend that you speak to a life planner to have a review of your existing policies and coverages to see if you really need to add on this product into your portfolio

This post has been edited by lifebalance: Sep 28 2017, 02:59 PM

If you currently do not have any form of critical illness protection or income replacement policies as we call it then perhaps it'll be worthwhile.

However, you should review your whole insurance portfolio then make a decision as everyone's needs are different.

If you currently have an existing agent, get him/her to help you with a review and if you'd like you can get a second opinion here after that.

Best,
Jiansheng

I also searched through the term life insurance and realize that besides suicide, they don't cover for some of the sports activities as well like bungee jumping etc. Wondering how about accident happens during hiking

how about those IL product from prudential which bundled with life/TPD/36CI, is it the same clause?

I doubt any dangerous activities are covered under life insurance.

Currently have a comprehensive insurance with GE. Paying 3k a year. Heres the breakdown:-

Life--100k
CI- 75k
R&B 200
Annual limit 120K
Life time 1.2mil

Planning to change my current plan to either AIA or Allainz. Due to offering better coverage for the same mount of premium. In terms of product Allainz is offering a better deal. But I would like to look at the overall, such as when it comes to claims.

Checked Allainz fb page and it received lots of complaints. Whiles AIA i think they dont have a review page.

Looking for feed back for these 2 companies.

Thanks.

So far my claims and the ones done by colleagues are ok 🤓

If you're signing up with an agent then perhaps it's wiser to look into his/her work ethic.

I'll share a story of one claim I did earlier in the year.

"Client went to the hospital for a check up, his case fell under the specific illness of 120 days. Which means technically he won't be covered. However the intermediary issued the GL saying everything is ok, the treatment plan submitted by the doctor is covered. (Guarantee letters are usually issued by an intermediary based on a set of instructions set by the insurance company).

However when he was discharged they said cannot claim because apparently the treatment plan changed and the new one wasn't covered. The issue is, given his case wasn't life threatening the doctor should have updated the intermediary and see if there's any changes in the coverages. He did not. Which means somebody screwed up. I requested the intermediary to issue me an official letter explaining what had happened and I wanted to bring it up to the hospital. They didn't want to and request to speak to my client and explain it to him personally. I told him "if all you can do is speak to my client and explain to him the situation then what use am I as an agent?"

So never mind, I confirmed the process flow with the intermediary staff and brought up the matter to the claim department at Allianz. I explained the situation to them and they recognised that something has gone wrong. 2 days later they got back to me and informed me that they had launched an investigation and I can now proceed with the claim.

All in all, everything was gao tim within a week. I think coming from an external audit background, how I interviewed the staff and understood their process flow enabled me to ensure my clients get the protection that they are legally entitled to.

At Allianz we are committed to our clients 🤓 get in touch with an agent you trust to carry out your interest when it counts and you'll be ok 😀

Best,
Jiansheng

This post has been edited by Holocene: Sep 29 2017, 12:40 PM

You will received mixed feedback, sometimes good and bad depending on who is servicing the client and different client experience different situation.

Like for example I had applied for my client who is above 60 years old and had hypertension. AIA accepted his application soon after for medical card application and 4 months later was required to do a medical claim related to the heart for the amount of RM40k+ which was paid by AIA.

So the most important thing is the agent is able to provide you financial sound advise as well as after-service.

bro, very hard to "decide" or "judge" whether is it worth while for you or not through here. since you are aware of that plan, i believed you had met your agent. u just have to discuss this out with your agent.

whats your age and occupation? RM3k... hmm, shud b able to get R&B200 with RM1.32mil annual limit with no lifetime limit. have to know your profile first.

btw trust me, people are more likely to leave negative review/feedback compared to positive one. every company got their "negative" reviews. positive review no one talk about it.

Yup. Spoked to my current GE agent and he told me the same thing. So still deciding whether to stay or jump ship. dont quite appreciate the fact that I had to tell him what other company's are offering than only he decided to act.

hmm... how long is this policy of yours? and your medical plan have co-insurance? if dont have co-insurance, your lifetime limit of RM1.2mil is automatically taken off.

bought in 2010. have co insurance. need to top up a minimal amount to get 1.32 mil annual and no lifetime limit.

ic. in that case, i think in between RM250-RM300/month will get you the 1.32mil benefit

So here is some update on my situation in case anyone's interested in it.

My mother has the plan 250 medical card coverage from AIA and was admitted to Sunway Hospital for stroke. She was a transfer patient from government hospital and during the admission the doctor filled in the prerequisite to have 20k cash for "Deposit". So have to cough up this amount somewhere.

7 days later the bill comes to around 20k+ and fully reimbursed by AIA with exception to some small negligible items. Pretty satisfied with the insurance although waiting for my agent to get back to me on the 20k deposit requirement. He already filed a case with AIA.

Oh hiking is also considered as dangerous ya..
So there's no life insurance policy which we can buy to cover it?

Thanks lifebalance!

Really need other sifu to clarify. I thought any death causes is covered by life insurance.

I am uncertain of other products, but Prudential term life do cover suicide (after 1 year). However, do note that the medical card does not cover if the suicide attempt fails.

This is why /K standard for suicide must be at least 14 floor and above! (joke)

Other dangerous sports of course, it is understood not covered as it will be unfair to the general public that don't do the dangerous sports.

If you any dangerous sports as a hobby, it needs to be declared before coverage can be granted. FYI normal hiking (eg, Penang hill) is not considered dangerous sports.

Unless you do rock climbing and 'hike' MOUNT KINABABLU/EVEREST!