Lol you've finally came to ask about insurance rather than dealing with just mortgage.

The rates depends on your age, gender, occupation and also whether you smoke or not.

And yes you can pair it with medical card or critical illness benefit depending on the amount you want to cover it will dictate your premium. You'll have to decide on how much you want to cover for your critical illness amount and what room and Board and the annual limit you're looking for in the Medical Card.

For critical illness, my pov la, since i have been through 2 relatives who kena but they both didn't buy.

At this point in time, i feel 1 million is alot la. Hospitalisation aside, the cost comes from the long term nursing care instead. Also example, if say cancer chemo, actually all these would be covered under medical card. If someone kena stroke, cost of hosp is not as high compared to soneone doing chemo, but long term care is more demanding, etc. Just stating a few of my personal experience. (Lung cancer and stroke)

To answer your question, 1mil for critical illness is not normal, probably cause it's too expensive and ppl may not afford it. Early critical illness cover while more expensive actually covers diseases you can claim. The normal critical illness cover, is like the person already one feet in the casket, then only can claim. I am not qualified to provide recommendation on amount but try to maybe get quotes from agents, compare the cost if you lower down the ci amount. Unsure of your budget and affordability, i think you won't really buy the policy once you know how mch 1mil ci cover costs. 

Also, instead of thinking buying 1mil sum assured, try to reverse and calculate, example, how much will hospital treatment cost? Helpers? Nursing? Physio? 5k a month, is it enough for rehab?

Hi chiahau,

my reply as per above. by the way the CI you meant is referring to medical coverage needed to treat CI? or a lump sum payout to replace your income?

Haha. interesting point of view. if that's the case, then it makes sense. Just FYI. there are 2 types of CI cover that MAY be available, subject to the company, but things aren't always as flexible as you want them to be.

You can opt for accelerating CI cover. Example: Death/TPD: 2mil, CI 500k. In this case, if kena CI, get 500. Then die, then get the balance which is 2mil - 500k. 1.5mil.

Or you pay a bit more you will get the additional amount. Ie, CI get 500k, Death/TPD get 2mil. Note, obviously the one above is cheaper la. depends on what you want.

Add-on: I played around, assuming 30 y/o non-smoker, RM400-500 per month do-able for investment-linked policy (1mil death, 1mil CI and considering my company is charges are not cheap) but 20-30 years down the road, the policy may not have enough money to cover the cost. but by then, i think your debts would be lower, and well, things will change then, mana tahu.

interesting point of view that no one I've met came up with this yet on discharging all the properties under encumbrance.

Well you can almost safe to say that if you can claim for Critical Illness, there is almost a high chance you'll kick the bucket soon after you made the claim.