hi jack2, yea, actually i wont tell my clients that it is savings plan. kinda misleading to guide them to buy because it is a savings plan. well, at least you are covered within that 13 years period. There is no insurance that co-rebates commission but at the moment Manulife has a plan that has 100% allocation ILP. treat it as company not taking commission from customer's premium.

hi coldbasecamp, you can change to any GE servicing agent anytime you want. if you change to other GE agent, you are not oblige to buy new plan from GE. actually you can also ask any other agents from different company to service your current GE plan also if you find any that is willing to. 4,200 for a 26 y/o non-smoker is kinda a lot already. of course depends what commitment you currently have also - loan, lifestyle, dependents and etc.

RM410k
28 yrs remaining

What's the calculation now? Around 5.5% based on outstanding amount?

You can either buy a term coverage or investment linked insurance to cover the loan. It's advisable to put a higher buffer say 7% if you're opting as MRTA.

Hi,

Can I know anyone familiar with credit insurance market in Malaysia ? which insurance company/institutions actually offer this product ?

What sort of credit are you referring to ?

Insurance to cover the debts owing by customers (B2B) due to insolvency or default

googled and found this...
hope it is relevant to your need

Trade Credit Insurance protects your business with account receivable protection against losses due to credit risks such as customer’s insolvency, bankruptcy and failure to meet agreed payment terms and conditions. This insurance insures your company against your customers’ failures in paying their trade credit debts owed to you.
https://www.allianz.com.my/trade-credit-insurance

https://www.google.com/search?ei=q7wnXtSsI4...Q4dUDCAo&uact=5

Thanks for sharing

Any insurance accepting new life insurance application for Male / 67 years old next birthday / non smoker?

I think should have some....
example....
MCIS Insurance Berhad - Golden SeniorCare
https://www.fundsupermart.com.my/insurance/...nior/MCIB000011

https://www.google.com/search?source=hp&ei=...1j0.VKJeCg88Igo

yea, eligible as long as healthy.

Cut off age for application is 71 years old

Thanks, will read the link

You meant AiA?

'accidental' death, means death occuring from accidents like fall, road accidents?

if you are referring to the MCIS link as provided earlier....
then try to click on the "Product Brochure"....
there it has stated the description....

All insurance companies

Accidents can be categories by a few such as natural disaster, public conveyance, motor accident and etc.

Acceptable . But very costly.
Monthly premium depending product type & sum assured.

Medical checkup is a must.

If really get it .. kindly check the quotation illustration table in detail.

Can someone advise me regarding AIA's A-Life Signature?

Let's say the total investment link value for my A-Life Signature is now at RM15k.

1) Can I withdraw RM10k
2) Can I pay back after 6 or 12 months?
3) Apart from the premium that I am paying, can I make a deposit to the policy?

This post has been edited by DarXnight: Jan 22 2020, 10:43 PM

didnt actually mentioned in detailed what it means, though

aaah, if like that, have to find one without the 'accidental'. coz most likely my parents would die of natural causes.

btw, hardly any companies provide entry age that late. most, the last entry date is 55, some are even lower at 45!

if pure life insurance, premium is still okay. if got tambah medical then baru premium kaw2

1. you can
2. you can
3. you can, topping back up would be charged 3% (Agent comm)

Wow, 3% to agent
I don't mind if the 3% goes to AIA instead of the agent.
Any other fees or changes to the policy apart from the 3%?