yalah, step 2 is where the agent usually scare me about 20% annual inflation and why I need 1 million annual limit....

Ignoring budget, I think I only need to upgrade when my cover is not sufficient for present needs.

I see no point to over coverage (in anticipation of $1 million hospital bill in 2047) even if my budget permits, unless you guarantee that I can lock in a lower premium now. But as far as I understand, the insurance charges will always go up with age anyway, no matter when you start, so I don't see the point of buying into high limits so early. That's my perception... open to debate...

Any opinions?

The rest if it I think the plan is better than Prudential's. It's just the outpatient benefits that bother me a bit.

for person who has depression, which insurance company will still accept?

exclude  meaning that the insurance co will still accept, I am talking about upfront reject, not even taking any ppl with mental illness!
Our consumer movement is strong as in advance country, insurance co can impose a lot of thing which benefit them and still we have to accept.
In this case, insurance co should be making a lot of money because they are always protected by our weak consumer right

Can you all comment on my policy, Pru med value:
wife (38 years):
rm220/month
1mil Annual limit, after that copay Pru 80% owner 20%
rm100 R&B
10k life

husband (45 years):
rm290/month
1mil Annual limit, after that copay Pru 80% owner 20%
rm100 R&B
10k life

r&b i plan to topup if want to stay in better room, my plan is to make is as low as possible the total premium while putting emphasize on medical,

this premium is ILP and if use min projection on return of investment, it will last until 78 years without topup.

If claim exceed 1 million, then we pay 80% u pay 20%

for the clause, I assume this is normal as they won't pay for vitamin etc
the we is insurance co.