erm for my card at AIA is like this, i need to call the AIA helpline (at the hospital, admited for operation) so they fax a leter to hospital to allow me to check in (jsut show card) and then after end of operation, jsut check out and sign the form paper, not even a single dollar.......

well about hospital, i only trust pantai or sunway hospital only, so lucky me its in the panel

what is ur age ? occupation? and y 20yrs ? don't u think u r more in need for insurance 20yrs later ?
scout around , rm163.m can get u 100-150K in life/36DD + medical card +etc...

for medical card, some hospital require a deposit eventhough u got medical card, like sunway. Sunway just promise GE they will not take deposit fr GE clients anymore. If GL is out, u will not hav to pay the bill, if not, u will hav to pay 1st and claim from the company.
the "someone " who offer u the package didn't explain to u how to use medical card?

HI, im just fresh grad and now working for about 5 months oledy..i plan to buy an insurance, but duno which company is offer better...so can i ask

im 23 years old this year, female ..

should my insurance cover all this

-deaths
-medical card (i think this is a must)
-TPD
-PA
-36 Diseases ( is it a need?)
-female diseases

currently my frens recommend ,Prudential, but i wan to hear all of u opinion...
mind to share with me?my budget is around rm 160.00


thanks..

For my opinion, a fresh grad at the moment , all you need is a good coverage for Medical Card + PA + and 36 Illness (about 30K)
+ some raiders to covor the core insurans. The rest coverage you can upgrade eventually later when you have more commitment in the near future.

Please contact me if you need more details . . .
hope i'll be able to help you out

koonyan_36@hotmail.com
012-2220565
Danny

160/m, 23F

1. Death + 36DD, TPD = 120K
2. Medical card =50K-->150K lifetime
3. TPD income 120K
4. Waiver for premium during TPD @ 36DD
5. Option to add female disease but RM160/m may not sufficient , else hav to cut down 1. n 3. at least by half.
6. PA 30K

Age =23
Fresh Grad
Occupation = Material Analyst
y 20years?? --> I've been told that after pay for few years, the premium or interest can cover the RM163...Erm...y 20years har mistaken for something else...mistake...pai seh
Yup...need more insurance 20yrs later... but currently just as starting... around RM160 monthly is ok lor...
Question: When i feel need more insurance, i can revise my policy rite? So IMO, i pay RM160 for few years, then when the premium/interest able to cover the RM160, it's time for me to revise the insurance lor...
Terminate the medical card,36 Critical Illness,PA but remain the life insurance. Then get a new Policy with higher coverage. So by this way, the old policy(Life Insurance only) still on going, as the premium/interest can cover, i need to pay for the new policy right??

Bout the medical card, i din ask that "someone" also lar...i just hear hear hear only...That "someone" is my GF's bro first time visit her house, he told me this stuff pulak

Anyway, i only plan to get insurance mid next year...so now i only listen n read only...
Reasons, dun want insurance be my burden now...and also building up my liquidity...planned to change job next year so need to review again my salary whether can cope with what i've to pay

can i ask what is the difference for saving and investment link insurance? which 1 is more suitable for me?
my frens said if buy investment link insurance, then the medical card not need to top up when we are getthing older cos will using investment money to top up.is it right?

then the saving insurance will not.

but what are u all guys opinion?

thanks for u all opinion..

investment link is good, but the medical card to top up using investment money i never heard of such thing before.
actually investment link will give you a good return over a long period of time, 15-20years for example.

ar....verl lazy wanto read paragraph (next time pls put number for question.... )
1. if it is investmentlinked (ILP), yes, u can increase premium later at anniversary.
2. Y terminate medical card ? use until it expires at age 70 or so...
3. Nowadays , Life insurance = Death+ TPD + 36Disease , u need critical illness more when u r old, death is only an ending when u r old coz ur dependants are independant at tht time, u donwan them to pay their hard-earned money to hospital for ur sickness...
4. by the time u terminate old policy n get new policy, the premium is higher than u expect...old is gold as it accumulates cash bonus / return.
5. 1 thing about buying insurance from someone u know, u can't ask until very detail due to Paiseh, so u can get a stranger agent n ask kaokao.
6. never think insurance is a burden, it's a commitment, it's not accessary, it is necessary.

1. savings = u keep money in insurance company, it provides u some coverage n give u CASH bonus on the money u save and maturity bonus when it matures / expires at certain year. investmentlinked aka ILP , u pay for all the coverage u wan in the policy ($$ burnt), remaining $$ goes into insurance company investment fund (differs by portfolio) and invest ur money , risk of return is involved.

2. the medical card fees for ILP still increase every few yrs, is just that in ur policy everything is calculated ( charges as in 1.) , it will generate a projected return from ur investment that will be sufficient to cover the premium increment for ur medical card, so ur guess is right. saving insurance does not have medical card, u hav to buy standalone medical card .

Me too. Through my experience, I never heard of such top up using investment money to buy Medical Card. Its a stand alone policy. However, most of the insurance company, normally PRU,GE their agent will misleading you by packaging 2 types of policy (eg ILP + MC) to make it look more attractive.

And bare in mind Medical Card wont give you Return Of Premium (ROP) on maturity or early termination

This post has been edited by Civil: Nov 8 2007, 12:23 PM

Then is it means savings insurance is better than investment link insurance?

my frens recommend me this :Investment link

Death -30k
36 diseases -30k
medical card + hospital benefit
PA -30K
TDP -30K
Female -50K

the fees is rm 190/month..

so what do u all think?for me is a bit high the fees ...so anyone can give me some opinion which 1 need to cut down?

take out the Female -50K

wait you wanna get married d just buy also not too late . . . . .

look at ur family history (mom, sis, aunt, grandma...) , if there is no female disease case b4 age60, then female coverage to u not so important yet.

190/m u can actually get the above excluding female coverage , for 150-200K protection in 3D.

y dun u buy a stand alone PA n then u'll get more coverage in ur life insurance??
eg. PA for 100k only hundred plus a year, then u can increase ur sum assured dy mar..

as for the medical card mentioned earlier dat says using investment returns to top up the card is as u age, the insurance fee increases, thus using the investment returns to pay for the rise in price of ur insurance chargers for the medical card so dat u still continue paying the same amount of premium when u started paying it.. hope its clear for ya'll..hehe

do PM me for more questions

share with u all

GE / ING have this 20 year package, both quite similar

RM 200 per month , after surrender , will get back 150% / 175% of total premium paid

life + TPD + critical illness = 100k
PA = 100 k
medical card = 300k

Hi All,

I am planning to buy an Investment-Linked Policy. Need some opinion form the forumer here.

1.Recently I bought an house with AIA Loan & "house Insurance"/"MLTA", I am not sure what is the correct term for the Mortgage Insurance I bought. But I am sure not MRTA.

2.By the way, may I know MLTA=Investment-Linked? caused I received the statement from AIA,some of my premium are used to buy 2 of the sub Funds from AIA?

3.What Insurance I own now:
a.House Insurance which cover Death,TPD,36CI with sum assured:180k (which my total loan amount from AIA)
b. HL PA with sum assured: 100k
3. ING Medical Card from my company which cover hospitalization, surgery,x-ray....

4. What I am Planning:
a.To buy an ILP with PA included
*But if anythings happen to me,can I claim form my Mortgage Insurance and ILP that I going to buy? If not, then I have only one options to go, top-up the premiums with AIA.
*I don't want to be over insured, and in-case anything happen to me I was thinking whether the $$ I get from Insurer to pay the house loan or my surgery fee in future.

Just to seek some opinion here before consult my AIA agent for more information.

basically the housing insurans you bought should be some sort of
MRTA . . . with some upgrade

you can get urself a good ILP with coverage on medical card (term)
+ saving & some riders,
the rest you should be fine

*But if anythings happen to me,can I claim form my Mortgage Insurance and ILP that I going to buy?
the answer is YES . . .

What's the name of this policy?

---

Added on January 24, 2008, 8:33 amMy fren just quote me a 3D policy, 50k --> RM125mthly, 100k --> RM240++ mthly

This post has been edited by l3iTi: Jan 24 2008, 08:33 AM

perhaps u might wanto ask ur fren is tht a traditional life insurance which cover only 3D or a investmentlinked plan tht cover 3D n allow u to add many riders. the way i see it, it is a traditional plan. it depends on ur personal need n taste.

hi all, I'm considering between Prudential (PAP) and Great Eastern life insurance.

For Prudential
- covers up to 100k...I think Medical Card - 150k
- monthly fees - RM300
- plus some small investment-like savings whereby at the end of 30 years I may get back 130k

For Great Eastern
- covers up to 200k but the coverage is split between PA, 36 CI, etc (I only remember seeing 70k, 40k, 25k, 50k for the four main coverage)
- upon death (touch wood) the benefiter gets 160k
- also has some small investment-like savings whereby at the end of 30 years I may get back 97k.

I don't have much details on Great Eastern coz their agents are not allowed to give out any proposals like Prudential. Any of you guys can recommend which is better?