received notice from my GE agent:

Special Announcement: Great Eastern Life Malaysia (GELM) extends medical coverage for hospitalization treatment related to Novel Coronavirus (2019-nCoV) within Malaysia

With the concern of outbreak of the Novel Coronavirus (also known as the Wuhan coronavirus), we wish to inform that GELM will waive the “quarantine” exclusion for treatment related to the Wuhan coronavirus in hospitals within Malaysia.

The general exclusion in our medical products referring to communicable disease requiring quarantine is as follows:

“…and any communicable diseases required quarantine by law.”

This means that we are extending our medical coverage to customers who require treatment related to the Wuhan coronavirus for treatment in hospitals within Malaysia.

ya lor, that's the thing.
if front liner cant make decision, escalate lor
if higher ups ALSO cannot use brain / logic to determine when to deviate from SOP.. what's their value add?
might as well buy a computer and fire them

anyhow, the main cheese is against the SOP fler la - the creator, not thinking. sigh..

Hi guys,

First time posting in this thread. Can I check what's the best in terms of coverage for medical insurance? Since can get tax deduct might as well get one. Also what's the process like? Eg last time to buy critical illness needs to go clinic checkup etc, over a certain amount. Appreciate your comment.

Thinking of going with AIA since I am from jb and it seems not many other agencies here. I could be wrong!

Thanks.

Hi sifus,

I've been comparing GE & AIA's medical insurance for a while now, hope to get some insights here.

Has anyone bought the A-Plus Health (Plan 200) from AIA? I'm interested because of the Health Wallet feature (able to use the credit inside to claim for health screening, vaccines, special care/recovery benefits etc - provided that no claims were made on that year).

Since I'm insured under my company's group medical plan, I believe I'm able to make use of this benefit. However, I heard the premiums for this plan is high, so it's arguable that my savings in the future will be able to cover up those claims listed in the Health Wallet...

How much will it cost for the premium above + TPD/CI waiver + RM100k assured life insurance? Would really appreciate if I can get a rough quotation so that I can compare it with the GE plan. Fyi, I'm a 24yo female office worker, single w/o dependents.

Feel free to leave your suggestions as well, thanks in advance!

Hi all insurance gurus, any advices?

my dad had brought a AIA insurance around 10-20 years ago (as what i remember we got pay punctually for around 7 years like that)
but due some financial issue we had stop paying it 7 years ago,
can my dad still walk in AIA and check any cash from policy can be witdraw for his retirement use?

but i saw the article below on their website....means all burnt?? i was student before and unaware this clause , if not i will ask my dad witdraw all cash value out...

b)      If your policy has enough cash value, an Automatic Premium Loan (APL) will be triggered if premiums are not paid after the 31-day grace period.

This means the APL will be used to cover your unpaid premiums. Once your policy’s cash value is used up and the outstanding premiums are not paid, the policy will no longer be active. Please note that interest is charged on the APL at the current rate, which is subject to change.
https://www.aia.com.my/en/help-support/faq.html

Dear all Insurance Experts,

Currently I only have CI of RM50k which attached with my medical card under ILP with AIA. I have plan to increase my CI coverage to RM500k with budget around 500-600 per month. I have obtained quotations from AIA and GE and doing some comparison on cost of insurance. Can all the sifus advise which insurance i shall obtained? Other than cost of insurance, what other factors shall in consider.
I am familiar with both agents

The insurance cost and accounts value are summaried as per below:

1. AIA- ALWC-up to age 70; Pay RM6,588 p.a. till death (can auto renew up to 99)
                                   
Age-- No--                Basic  --                          Rider --                    Total
35-- 1 --                  798  --                    851          --            1,649
36-- 2 --                  795  --                    934      --                1,729
37-- 3 --                  795  --                    986      --                1,781
38-- 4 --                  787  --                1,094      --                1,881
39-- 5 --                  782  --                1,206      --                1,988
40-- 6 --                  777  --                1,344      --                2,121
41-- 7 --                  771  --                1,490      --                2,261
42-- 8 --                  765  --                1,647      --                2,412
43-- 9 --                  759  --                1,828      --                2,587
44-- 10 --                  756  --                2,006      --                2,762
49-- 15 --                1,101  --                3,031      --                4,132
54-- 20  --              1,720  --                3,889      --                5,609
64-- 30 --                4,869  --                6,907      --              11,776
Total cost                                                                  42,688
   
   
                                   
Account value                          0  --                176,400
Death benefit                          0      --            526,900
2. AIA- A Life Link 2-up to age 70; Pay RM6,000 p.a. till death (can auto renew up to age 99)

Age No          Basic              Rider              Total
35-- 1 --            795  --                420  --            1,215
36-- 2 --            795  --                460  --            1,255
37-- 3 --            795  --                495  --            1,290
38-- 4 --            795  --                530  --            1,325
39-- 5 --            795  --                575  --            1,370
40-- 6 --            795  --                635  --            1,430
41-- 7 --            795  --                705  --            1,500
42-- 8 --            795  --                805  --            1,600
43-- 9 --            795  --                930  --            1,725
44-- 10 --            815  --            1,070  --            1,885
49-- 15 --          1,515  --            1,965  --            3,480
54-- 20 --          2,410  --            2,565  --            4,975
64-- 30 --          6,575  --            4,060  --          10,635
Total cost                                          33,685
   
   
                           
Account value  --            39,900    --        88,900
Death benefit  --          639,900    --      688,900

[B]
3. GE- SPLM-up to age 99; Pay RM7,800 p.a. for 20 yrs[/B]

Age No          Basic              Rider              Total
35-- 1 --            467  --            662    --          1,129
36-- 2 --            464    --          772    --          1,236
37-- 3 --            461    --          893    --          1,354
38-- 4 --            457    --      1,032    --          1,489
39-- 5 --            452    --      1,162    --          1,614
40-- 6 --            485    --      1,324  --            1,809
41-- 7 --            513  --        1,491  --            2,004
42-- 8 --            546  --        1,668  --            2,214
43-- 9 --            585  --        1,879    --          2,464
44-- 10 --            632  --        2,098  --            2,730
49-- 15 --          1,046  --        2,921  --            3,967
54-- 20 --          1,720  --        3,387  --            5,107
64-- 30 --          4,855  --        5,525  --          10,380
Total cost                                          37,497
   
   
                         
Account value  --                -    --            3,403
Death benefit  --                -      --      650,000

Hello peps,

If i were to buy GE ILP insurance, which fund do to choose?
I am 24 years old, office worker. Proposal only has immediate 5 years performance, although past performance is no indicator of future performance but i still can't see what is the best option?

100% balanced? or
50% balanced and 50% fixed?
40% fixed, other equities fund all 10%?

Yes, all have RM500k with waiver of premium.
Normally what shall we look at when making comparison of insurance as this will be a commitment for me for very long term so want to ensure I pick the right fund
Thanks for replying ya

I wonder, is the Insurance Agent that keep spamming Facebook page and promoting insurance package can be trusted?

I feel like they are so desperate in getting sales from new customers.

Are they REALLY SERIOUS in assisting us when one of their customers are suddenly hospitalised due to health problems? or just dump us when they get the sales? I don't know, I've been observing this thing for so long.

I see AIA and Prudential Agent always doing this thing in Facebook