There is no longer such thing as guarantee renewal anymore, that clause had been taken out.

As for increase of premium, the insurance company has the right to increase it as they see fit based on the overall claim experience and claim history. Inflation also plays a part.

That will be incorrect on the terminate part, Its time you go back to your policy book to read it line by line. Because this doesn't happen within AIA policy. I can't say for the rest.

The only time your policy claim is no longer honored is in the event you lapse the policy or did not provide full disclosure of your health when taking up the policy.

If you have an ILP medical card and make payment to your premium on time without having a lapse occur the Insurance company cannot "reserve the right not to renew the policy". Also assuming this particular illness is not a pre-existing illness that was undeclared and no exclusion was given upon application.

If for some reason your policy is lapsed and needs to be reinstated then there is a chance that the insurance company might then exclude certain coverage hence it's always important to make payment of your premium.

Additional information for others, if you are looking to purchase a medical card from a general insurance company, always be on the look out for a withdrawal clause.

Best,
Jiansheng

XD you buying because of the lady or because of the plan.