Just recently, I've been told that AIA's med plus medical card rider is conditional renewal on each policy year? In the sense that the insurer has the right to not continue insuring? As opposed to PRU's guaranteed renewal and non cancelable.

However, upon going through my sub contract policy for med plus under the renewal portion, it does state that it is conditional renewable subject to terms and conditions of termination of Supplementary Contract Provisions, on each policy anniversary of the basic policy, by payment of cost of insurance by the insured at a rate fixed by us (the insurer) at the time of renewal.

this I interpret as, if I continue payment, then I am surely given a renewal, although the cost of insurance is not guaranteed and this might be modified by the insurer.

Isnt this the same for all policies? that as long as your premium is continually financed, then you will be given a renewal until maturity of policy? Is there something I am missing here?

This post has been edited by 22: Nov 11 2018, 01:27 PM