Personal financial need changes overtime as your lifestyle / stage of life / income / expenses / needs changes overtime.

Which is why is it important to review your insurance every 3 years for any changes.

Money is never enough, what you're preparing for yourself is just in case.

Find time to have a cup of coffee with a consultant and get a proper advise.

yes , I already did, asked me to fork out about 600-700 per month extra for life policy. which I think a bit too much for current budget. Thus, checking around for 2nd opinion first

What was the quote on the 600 - 700 ?

What's your comfortable budget for a new policy ?

add on Life/CI another 500K

Hey guys, does outpatient ultrasound scan - covered in AIA MedPlus package?

is it for investigatory purposes?
A-Plus MEd exclusion.....
https://www.aia.com.my/content/dam/my/en/do.../A-Plus_Med.pdf

This post has been edited by MUM: Dec 26 2019, 07:33 PM

Yes, for investigatory purpose. So the old MedPlus is now A-Plus Med?

no idea abt insurance stuff.
sorry, cannot help much.
just hopefully some insurance Sifus happens to lurk by and response to your query...
in the mean time, what did your agent said about that ultrasound claims?

If for investigate purpose, no.

Hi bubs66, you can opt into getting PruWith You + PruWealth. There are 2 ways you can go about. Find out your needs then see how much you need to pay to fulfill the protection needs. if budget exceeded, your agent can work the other way round which is how much you can afford and give you as much to cover your needs.

Hi Zyi, i cant seem to find AIA MedPlus package online. when is it bought? normally for outpatient scan (except due to accident cases), it wont be covered. but you can keep the original bill, in case you need to be hospitalized or surgery needed to be done prior to that, then yes it can be claimed under pre-hospitalization diagnosis test.

Hi, need suggestion on what I need next.

Have a company medical card je, was told it's insufficient. Do I need anything else? Can provide details via PM if necessary, plus also have tight budget (below 100 monthly commitment if possible)

Do you have dependents who depends on your income for survival ?

Some payout if you're unable to work upon critical illness or accident?

Probably share more info about yourself and your current financial background.

hi ultralightbing, what's your age and occupation? smoker or non-smoker? you can opt for few of this for tight budget solution.

Great Health Direct by Great Eastern
PruDirect Med by Prudential
AXA eMedic by AXA

Hi, thanks for the response. Am 21, working in engineering industry but mostly in-office. I don't smoke. Thank you for the recommendations - will have a look-see.

Not yet, just turned 21. Parents are well off but I don't want to bother them by asking for more financial support even after my employment.

My salary is below 3k, about 2.7k

If you're willing to spend more, you can consider an investment link policy for about 150 - 200 month, otherwise term insurance as what you've mentioned for the short term if you are low on budget.

hi ultralightbing, feel free to ask here if there's anything you don't understand in those links.

Hi. My mom bought me prudential insurance (investment-linked) when I was 9 and the current premium is RM300+. It's very high considering that the coverage is very limited (annual limit is RM130k, lifetime limit is RM2.6mill) The agent advised me to buy policies that compliment my existing but it will cost me even higher.

I plan to replace my prudential with AIA which offers better insurance benefits and lower premium than my current

However, I heard that it's better not to surrender your existing policy.

Would love to hear your opinion. Thanks

This post has been edited by af_1993: Dec 28 2019, 11:50 AM

Anyways for you to upgrade your existing policy with the latest rider?

There are many reason people surrending a policy.
1. It does not meet your financial needs
2. The benefit is not what you're looking for
3. Expensive
4. The product is out of date
5. Unable to upgrade the existing policy anymore
6. Agent no good
Etc

You need to keep exiting medical policy at least 4 months. Better to be 6 - 12 months if affordable or enough cash value to sustain.

Usually up to 120 days for new medical policy to fully cover.

surrender or not need evaluation. some old life policy worth to keep.