I have one case with GE and I just realised today. 2006 I bought with GE one savings plan and they guaranteed that it is only payable for 10 years and the rest of the policy, you no need to pay.

At year 10, they wrote me one letter to ask for permission if I shall continue to enforce the payment until year 59 and if I did not reply the letter, they deem that I agree to continue until year 59.

I omitted the letter and didnt know about this too when I realised today from the portal that I have due premium payable after I cancelled my cc and they cant charge it.

I asked for surrender value for today (year 13) and damn, the cash value is almost same as the amount I paid for 13 years and all the while, I opted the cash bonus is to be accumulated in the account.

And if I surrender, I got back the amount that I paid in total which is totally not worth at all. MCB

As a fresh graduate , should i buy my own insurance ? as for now parent got buy for me already

Wonder Manulife has good performance in investment?

As a fresh graduate , should i buy my own insurance ? as for now parent got buy for me already

My plan is

GREATJUNIOR ADVANTAGE SERIES 2 / GREAT INCOME ADVANTAGE SERIES 2

I dunno if I shall surrender it...

Hi, may I ask if there any medical card that covers outpatient. My outpatient only cover kidney, cancer and accident.

For those that have stroke, blood pressure, diabetes etc requires follow up, that is to be self pay?

Hi, may I ask if there any medical card that covers outpatient. My outpatient only cover kidney, cancer and accident.

For those that have stroke, blood pressure, diabetes etc requires follow up, that is to be self pay?

Depend you are asking for exiting patient or just in case future need.

In normal situation patient can't get new medical card cover if stroke (serious stroke) / diabetes.
Hypertension still acceptable by underwriting. Company will ask for check up and loading charge apply.

If your medical card no review for more than 2 years. Then better ask your agent to review your policy and confirm the coverage you concern above.
Some old policy got lifetime limit for kidney / cancer outpatient. RM300K , RM500K per lifetime limit etc.

Happy weekend

What you're talking about is a critical illness coverage which pays you a lump sum upon the critical illness event for you to sustain yourself.

And yes it's available depending on how much you would like to cover yourself.

Hi, thank you for your reply. I am asking for future need. My current card cover mainly hospitalization thus I am concerned for outpatient treatments, illness that require a lot of check ups with specialist and not hospitalization.

Yes I have a rider with lump sum cash payment for CI, i supposed I need more savings on top of that in case it is not sufficient. I suppose there is no medical card that cover outpatient beside cancer & kidney?

hi jack2, hope these links can help you.
Manulife Investment Funds (Manulife website)
Manulife Investment Fund (eUT)
yes jack2, for those with limited term payment plan, most likely (not all) you will have breakeven whatever you put in (if we exclude inflation). In actual, you know that even with that breakeven amount, the value by then is already not as much as it is. Still, for certain clients, to them it is like setting aside their funds here rather than in the savings account where they can easily access the money.
hi bluewhaleram, perhaps you can find out what your parent got for you. then you can pick up this responsibility since you are also planning to find a career for yourself.
look at overall what do you currently have then only decide whether to surrender or not. cannot really determine just by looking at this plan alone. i believe you do have other insurance plans ongoing.

hi, most companies cover outpatient accidental treatment, cancer treatment and kidney dialysis. Some companies do have outpatient stroke treatment (manulife), outpatient dengue treatment (allianz,prudential,manulife) and outpatient physio treatment (prudential).

you can check them out here:
ManuHealth Elite from Manulife
MediSafe Inifinite+ from Allianz
PruMillion Med from Prudential

I see. If you look for critical illness coverage that's a lump sum for you base on your budget sum assured.

This for you to survive when you hit by serious CI and can't continue to work. But still need to pay bills and live.

Better check with your agent see what options can offer.
Usually focus on CI coverage amount and check the early care / early claim details needed or not.

Yes, i have at least 5 insurance plans and will be surrendered this. I forseen that they are not performed well. Hence, I would rather to take back my capital + some profit (little) only rather than to keep on paying and who knows in future, the value is like throwing the money into the salt sea.

Thank you for your advice. I suppose I have to re evaluate my lump sum during critical illness is sufficient.

My plan is

GREATJUNIOR ADVANTAGE SERIES 2 / GREAT INCOME ADVANTAGE SERIES 2

I dunno if I shall surrender it...

Damn it. Same here, the return are abysmal.

How much would a monthly premium of RM150 get me if I went for traditional insurance?

Age: 23
Smoking: Non Smoker
Occupation: Consultant

How much would a monthly premium of RM150 get me if I went for traditional insurance?

Age: 23
Smoking: Non Smoker
Occupation: Consultant