try read post 1155, 1156, 1157 of page 58...
maybe the answer is there...

Solved

This post has been edited by CuriousDude: Jul 30 2019, 08:44 PM

No, it won’t increase

Looks okay, cant comment much further since I don’t really know ur background

how much is this 360 pm constitute your net income?
married?
how much more % of your income are you gonna spend on your spouse + children in the next 5 yrs? (assuming your got that marriage/family life package)

Hi, any Tokio marine life insurance agent here? Got a question to ask regarding ibig plan quotation..

Have you contact your agent?
It's reasonable for this premium, my current also around that premium

This post has been edited by sardorel: Jun 28 2019, 04:09 AM

That's about 4-6%. Probably 20-40% fr family.

I think he doesn't do anymore. Anyway, will be contacting him but thought could do some survey about products first.

4~6% then should be fine I guess.
20~40% then should be a concern to some.

Hi.

Thinking of getting medical for my 16 month old kid.
Was thinking of only medical, but the agent (aia) is asking me to take investment linked life as well.

Does that make sense?

Also for medical coverage, which is generally better...prudential or aia?

Thanks!

Just get medical, sock the remaining investment/savings portion in Amanah Saham fixed price funds (definitely ASB1 if you're bumi). If you're not diligent enough to get the units, put into a bond unit trust with good track record like Libra Asnita or FDs at promo rate.

Do get multiple quotes - Prudential, AIA, GE, Allianz don't be shy. There are some in the industry lurking in this thread that can give you a quote as well.

if you want more coverage besides medical alone then get ILP

Otherwise if you just want medical alone, then term medical card will do

Guys,

Lets say if I have an AIA card aplushealth, if for the second year I am diagnose with sickness A, upon third year renewal, can AIA exclude the sickness A that happen during the policy period?

Somehow the amendment by insurance company may be funny if they only cover ONE time then exclude the next year.

not an insurance knowledge guy responding here...

while waiting for this interesting question,
I googled and notice that, this "AIA card aplus health" is a medical insurance plan not a critical illness (CI) insurance plan.

COMPREHENSIVE MEDICAL PROTECTION
https://www.aia.com.my/content/dam/my/en/do...0(Compiled).pdf
https://www.aia.com.my/en/our-products/medi...lus-health.html

the difference .....
Medical Insurance Vs Critical Illness Insurance
https://www.aia.com.my/en/what-matters/fina...-insurance.html

thus, on this,....
"Lets say if I have an AIA card aplushealth, if for the second year I am diagnose with sickness A, upon third year renewal, can AIA exclude the sickness A that happen during the policy period?"

i think, it will still covers without any exemption, being not in the coverage scope of Aplus Health plan.....for that critical illness thing will be covered by CI insurance plan (if any purchased).

caveat emptor while waiting for the real sifus to corrects.....

This post has been edited by MUM: Jun 29 2019, 02:26 PM

Yes same goes if diagnose with sickness A on year 2, would it be imposing LOADING on coming years?

from one of the link provided earlier....
(see attached image)
depending on the type of CI insurance you had ....
since they will pay out lump sum upon diagnose of one of the illness under coverage,

the policy i think will deem to be fulfilled/closed.

thus any new application will be subjected to their review ......
normal, loading, exclusion or not accepted.....

btw, if diagnose of an illness on 2 yr....i think they will look for sign of early symptom from the clinics/hospital around your house/workplace.....

if found, they may review the application to see if you did make any declaration or not......if no declaration during application...then



Attached thumbnail(s)

I think CI and Medical Card is a different thing. CI is always pay a lump sum if you diagnose with it. Medical card can be include with loading and exclusion if there is no unilateral amendment clause.

yes, you are right....
on pre existing condition..on new policy to be bought
but once you had bought the medical insurance.....if the conditions arrives later.....then another story.... right?

Guaranteed renewal
It is advisable to opt for a MHI policy that provides guaranteed renewal, especially when you are older (above 50 years old).
Though guaranteed renewal is subject to the terms and conditions specified in the policy, it ensures protection is available throughout despite recent diagnosis of illness.
However, the renewal premiums payable is not guaranteed or fixed.
For older policyholders, look out for the age of renewal and age of entry.
Certain insurers only allow up to 60 years of age, while others like Prudential’s PRUhealth and PRUvalue med allows up to 100 years old.
With the average life expectancy of Malaysians at age 75, it is prudent to consider this when shopping for MHI.

https://www.imoney.my/articles/all-you-need...nce-in-malaysia

This post has been edited by MUM: Jun 30 2019, 10:39 AM

Can't wait to see what are the changes like when tomorrow comes

Products will be very very very interesting 😁