Hi Guys,

my sister receive a post mail from Allianz Insurance
say that Notification of Amendment Enhanced medicover hospitalisation and surgical insurance (unit cancellation supplementary contract)

her medical card plan is 150.

Current plan
Overall lifetime limit : 850,000
Total Half yearly premium : 1,020.00
Total Annual COI : 498.20

New plan
Overall lifetime limit : 1,050,000
Total Half yearly premium : 1,164.00 (Recommended)
Total Annual COI : 747.30

Question : If sister wanna remain the old plan. Is it possible with old premium price

Or she have to downgrade her plan ?

the mail got mention "We Strongly recommend that you revise your premium to the suggested new total half yearly premium to ensure your policy is sustainable"
is that mean we got option to stay on the old plan ?

** understand now medical fee is expensive, but she have budget issue.


Thanks.

This post has been edited by dragonteoh: Aug 13 2017, 04:02 PM

Holocene & MNet,

Thanks for your reply. I will let the owner know.

Hi all, wanna ask.

Is it better to buy each type of insurance coverage separately ? or all in one package ?
Example : Medical card x 1, 36 illness x1 , life x1 or 3 combine in 1 ?

2nd. I have a scenario where
purchase a Life/TPD with Investment insurance about 5 years back which max cover RM250k and each year premium pay RM2400.

and now another company was offer same price but max cover is RM500k....
** both are same type of insurance which only cover Life/TPD with investment.

and Sifu , what is your advice if come to this situation ? Should surrender the old policy and took the new one (i not afford remain both policy at the same time, but if surrender the old one, the cash i can get back after surrender is really less.)

Thanks Sifu Jiansheng for your explaination.

I did contact my own agent and he say his company does have a similar product, just that i don't think will be the same premium price as existing....
(most of the time need to top up premium price, i was ok if extra below RM50/annual, but if EACH month RM50 or more with same thing offer, this might be a problem).
However, i am arrange to meet him for more details. Let's see how later.

Thanks.

This post has been edited by dragonteoh: Aug 21 2017, 10:54 PM