rm300 a month and u r getting 100K coverage ? how old are u?

something is wrong with the quotation tht u received from both party, ILP should be able to get u higher coverage like 200K up.

the 300 is split actually. 150 goes to insurance while the other 150 goes to savings I mentioned. Btw, I'm 24.
for Great Eastern...its just RM150 per month.

This post has been edited by Aeon_Clock: May 3 2008, 06:37 PM

u mean 150 goes to investment? ic

btw, 150/m for ur age , u should be getting something like 150K coverage for Death TPD n CI, and a medical card of 150K total. PA u can get better buy outside the plan, tht is if u need it.

neither insurance companies gave me 150k coverage. Even Great Eastern is split - 70k, 40k, 25k, 50k...how?

QUOTE(Aeon_Clock @ May 3 2008, 05:39 PM)
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?
*

Both also called Investment-Linked Insurance

Hi, U have to understand your priority is "maximize your life protection" or "minimum life protection with large investment return after certain period" or "balance in life protection and investment return".

But if your monthly fees is RM300, u shall have higher 36CI coverage, Medical Card - 300k
investment-linked savings at end of 30 years, around 150k but returns is NOT-GUARANTEED.

Regards

1. Is there any medical card that we can just show our medical card ?
i mean no need to pay 1st than claim later.

2. What is PA covered ? can we just use our medical card when we hv personal accident ?

*thumbs up to prudential website..so informative

This post has been edited by amerz: Jun 9 2008, 04:57 AM

the return is guaranteed 150%-175% or not first? what will happen after the 20 years passed? still continued coverage?

Hey there,

Hopefully someone here can help me out. I have several policy with AIA. Am reviewing my policy now whether I should buy more or not..
Here's the summary of my insurance by policy

Life = Approximately RM 120 K (RM 50K (IPP) from the dependable on whether used for Critical Illness) + Rm 55 (death due to accident)
Medical/Critical Illness = Approximately RM 115K
Hospital = RM 200
Disability = Rm 11K.

My concern now to review/top up my policy is more on critical illness and medical expenses. Here's my questions:

1) Anyone can advise what to do? Is it common that critical illness are bundled together with life?
2) AIA seems to have a plan known as AIA E HealthGuard 55, is this plan feasible for critical illness/medical coverage? Is the premium here 100% can be used for tax relief up to RM 3000? What's the advantages of this plan versus other AIA "popular" plan like ExcelCare
3) My premiums collectively are very very high and coverage is low compare to other companies like Prudential. Is there something wrong with the policy setup above?
4) Is it true, that the general critical illness in AIA covers Femichoice/female illness... so, no need to buy so much coverage for Femichoice plan?
5) Is it true that the ExcelCare Plan cannot be tied to a IPP plan anymore? Previously I can do that, but now it's against AIA new terms and condition?

I do hope someone from AIA can help me out. I'm fed up with the call center "so called general enquiries" services as well as the email enquiries.

Thanks in advance. Hope to hear from someone soon!!!

This post has been edited by joycecross: Jun 18 2008, 05:50 PM

Since you're asking for someone from AIA, have you asked your existing agent?

bbjslee,

yes, i asked my existing agent, but at times, hv doubts/trust issues...that's why want some re-confirmation

Dear joycecross,

I'm a Financial Services Consultant with AIA.

I've sent you a pm. Do check and revert back.

Thanks. Best Regards.

Ic, since you have doubts / trust issues, why not get another policy from another insurance company? If you're still young and healthy, it is the perfect time to consider it.

my friend always look for lang lui. sure kau tim wan.

Hello everybody,

Can anyone recommend a good Personal Accident Insurance?

I also have the following questions:

a) are PA insurance premium claimable under tax relief? If yes, does it falls into life/kswp RM 6K category or the medica/education RM 3K?

b) AIA Easy PA coverage requires premium of RM 217 per year for a coverage of RM 100K. Isn't that pricey as I understand PA insurance should be relatively cheap... some are even FOC!

Appreciate some feedback. Thanks in advance.

Promotion from AIA, it's called Twin PA.

RM430 for RM500K coverage. Only for June. After June, coverage is only RM200K. I'll provide more details later in the night.

Thanks for your prompt reply.

Hmmm.. what you just describe seemed to be different from the one I am referring. The one I know of is called Easy Cover PA.

If 500K Coverage known as Plan 500 -- The Annual Premium is RM 756.00.
If 200K Coverage known as Plan 200 -- The Annual Premium is RM 429.00
If 100K Coverage known as Plan 100 -- The Annual Premium is Rm 217.00

Anyway, looking forward to know more about the promotion u mentioned.


Thanks a lot...

TWIN PA


Accidental death and dismemberment benefit : RM300K

Double living benefit : RM200K

Medical Reibursement Benefit : RM2000

Weekly Indemnity Benefit : RM100/week

Let's say:

a) you lose an eye

you get RM300K + RM200K = RM500K

b) lose a limb

*same as (a)

c) lose 2 digits of your right thumb (if right handed)

30% of accidental death and dismemberment benefit = RM90K


Please note that...

1. Continuation of this plan at the 3rd year onwards, your accidental death benefit increase to RM400K

2. Only for June 2008

CLASS 1 & 2 : RM430 (stamp duty included) - cost just less than a glass of teh o peng everyday

CLASS 3 & 4 : RM676 (stamp duty included)

So do you want to belanja me a glass of teh o peng everyday?

thanks for the info......

hv to really think about this... when broken down to daily... seemed little... teh o peng only:P but feel like coverage very high ler.. whether really need that high...

erm..ok..coverage RM200K accidental death and dismemberment and RM100K double living benefit. medical reimbursement RM2K while weekly indemnity RM50.

Class 1 and 2 = RM 230

Class 3 and 4 = RM 356

hello all, i'm a tertiary student, 22/male. I have few question regarding life insurance....I hope you guys can help me out... thank you...

i'm currently holding a ING policy. it's a purely medical plan/medical card (a life insurance with BSA of 5k and medical plan rider, IMP 3) with annual limit of RM110k. My current premium is about RM 700 p/a

i'm planning to get a 3D protection(Death, TPD, CI) as well. My budget is around RM 800 p/a.

1. Wat do you think about my current medical card? Is too much to pay RM700 p/a for a medical card?

2. Issit advisable/preferable that I upgrade my current ING policy or should I buy a seperate policy? I'm currently eyeing for GE's Supreme Living Care.

3. What is the protection that i can get from RM 800 p/a?

4. I've gotten a policy quotation (Supreme Living Care, traditional 3D policy) from my friend, a GE agent. With RM 1500 p/a, i'm offered BSA of RM55k, with cash bonus. The BSA is to increase every year. BSAs at every 10 policy years are 77k, 99k, 110k, 110k, 110k, 82.5k.

What do you guys think about this. At RM1500 p/a the BSA is Rm55k... is that too little? At RM800 p/a the BSA surely will be way lower.

5. In general... are policies upgradable? I plan to increase my life insurance protection once i've started working.

thank you....

This post has been edited by cooldownguy86: Jul 4 2008, 09:40 PM