Seems like it.

That's a good profit to the agent haha

Sounds a bit weird on why bother to put the table to show 7 years if it's charged yearly until the end of the policy term.

I have been paying a life insurance since 2009 at 3.5k for a coverage of 100k for death, total permanent disability and 36 types of illnesses.

now the coverage has increased to 120k.

This sounds like a traditional critical illness policy. The coverage increases as you age and your premiums should participate in the company's p&l, sharing into its dividend payments (to you) on top of some basic cash value, and some terminal bonuses to be accumulated throughout the years.

Myvi is a compact car, so is suzuki swift, and Mercedes A series. They all serve the same purpose.
However, the price difference is huge! How is it that we still see Mercedes A series around?

They all come with different features and unlike the Myvi, the Merc A commands some attention in different departments (compensating perhaps?  )

Your 2009 policy is a Merc A.
The one your friend bought might be a suzuki swift (most probably ILP).

It comes back to the question: what is your financial goals, and what is your objective to buy an insurance policy?
The features in every type of policy differs. It is not the question whether the policy is "good enough" but rather how well the features and benefits of the policy complements your goals and objectives!

You are the captain of your boat. Are the sails catching the wind at the right angles and moving you in the direction that you are going?

TNC for the lifetime limit. As the agent kept saying nearly RM 1mil annual limit with no lifetime limit, it sounds too good to be true.

Not sure until you read the policy when it's printed to you as I can't say anything until there is black and white.

You're looking to upgrade to a higher coverage for your medical card ? Do you intend to cancel the AIA policy ?

Anyone heard before Insurance 101/ Insurance Wrapper?

Yes for AIA.
It is stated on item 3 after the schedule of benefits in the policy contract.

Yes, it's covered.

Yes, HLA Medishield & Million Extra Medical Card covers all the above as well.

100 monthly each person,

ok as a freshgraduate
what kind of insurance need to buy for now?
life insurance or medical insurance
and better buy from insurance company or bank?
so confuse

Wait
Not the other way round?
Like buying investment link kind of insurance first only get medical card as I just started working less than a year