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

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 .

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.

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.

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.

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.

life insurance normally covers death, TPD, critical illnesses.
Personal insurance ? i think u mean medical insurance. med insurance covers ur medical bills.