Hi , thank you 2 sifus for your advice.

Just 1 thing I don't understand. Why insurance usually comes with life/tpd?
I suppose life/tpd/36ci only benefits your next of kin instead of yourselves.
so i personally do not think it worth the money as you wont be able to use it.

i also dont understand why usually people opt for private instead of gov hospital.
i heard some of the case where the equipment in private hospital is less than gov hospital.
in the end need private reference to gov hosp?

as for the option1,2,3. what is the main different? i suppose this one is 1.1mil per year by A*A.
the only different i see is the deductible? is that important and justifiable for the huge difference in premium?

Not necessarily it's expensive.

Depending on your comfortable budget, an agent will be able to provide you with options from RM2k - RM10k in premium.

But realistically you can consider the following

1) Option 1

- Life/TPD: RM25k

- R&B200
-- Annual limit: RM100k
-- Lifetime limit: RM1mil
-- Deductible: RM2k

Premium: RM3,060/annual

2) Option 2

- Life/TPD: RM25k

- R&B200
-- Annual limit: RM100k
-- Lifetime limit: RM1mil
-- Deductible: RM300

Premium: RM3,660/annual

3) Option 3

- Life/TPD: RM25k

- R&B200
-- Annual limit: RM100k
-- Lifetime limit: RM1mil
-- Deductible: RM300

Premium: RM4,860/annual

So depending on the coverage you're getting for your dad the premium will be charged accordingly. Above is just a sample of what you could get for your dad. Do check with the insurance agent that you're meeting on your options 🤓

Unfortunately for my dad, he's 13 years older than yours so you can imagine the premium I'm paying on behalf 😥

Best,
Jiansheng

Option 2 n 3 exactly the same but different premium?

When a medical card comes attached with a Life/TPD it's an indication that's it's an Investment Linked Plan (ILP). As to the benefits of life/today/36ci, a death payout will definitely benefit the nominee however a TPD and 36CI will benefit the life assured.

Private vs Government hospital is a matter of choice and convenience.

There's quite a bit of difference between Option 1 and Option 2 for example: ICU days, outpatient treatment coverage. Option 1 is usually used as a complement to an existing medical coverage or in the case of limited budget the primary medical card.

I encourage you to check their differences out.

Option 1: Allianz MediAide
https://www.allianz.com.my/mediaide

Option 2: Allianz MediEssential https://www.allianz.com.my/medisafeessential

Option 3: Allianz MediSafe Infinite https://www.allianz.com.my/medisafe-infinite-infinite-xtra

To put it in a simple manner here, the more you pay the better the coverage is.

Best,
Jiansheng

Hi , thank you 2 sifus for your advice.

Just 1 thing I don't understand. Why insurance usually comes with life/tpd?
I suppose life/tpd/36ci only benefits your next of kin instead of yourselves.
so i personally do not think it worth the money as you wont be able to use it.

i also dont understand why usually people opt for private instead of gov hospital.
i heard some of the case where the equipment in private hospital is less than gov hospital.
in the end need private reference to gov hosp?

as for the option1,2,3. what is the main different? i suppose this one is 1.1mil per year by A*A.
the only different i see is the deductible? is that important and justifiable for the huge difference in premium?

Is there any medical car for high bmi?

So as gov servant. They have privileged to  get free medical services from gov hospital.

Even IJN services is covered.

Expt. Lenses, valve etc etc. But at discount. I think for now they only need to pay "hardware" but not "software"

Do you think CI is acceptable for them or redundant?

a topic was raised from peer, do we really need medical card if we only depending on government hospital?

So this is really when you need to have a conversation with your insurance agent.

Critical illness insurance is sold for 2 purposes:

1) Income replacement;

2) Expenditures that are not covered by your medical benefits (as you so rightfully pointed on in your example)

Coming up with the number for the coverage and plan will depend on your discussion with your agent.

Best,
Jiansheng

is Fully Paid Patient (FPP) in Gov Hospital can be claimable as the same process in Private?

a topic was raised from peer, do we really need medical card if we only depending on government hospital?

Hi all, I am 27 this year. Currently have one medical my dad bought in 1999. 70k x 3.

Thinking to purchase new, please advise below premium is good to go?

Premium RM260/month for below

Life: 100k
PA: 100k
Critical illness: 100k
Medical is Allianz. A/L 1.1m, L/L no limit. R&B250

Hi all, I am 27 this year. Currently have one medical my dad bought in 1999. 70k x 3.

Thinking to purchase new, please advise below premium is good to go?

Premium RM260/month for below

Life: 100k
PA: 100k
Critical illness: 100k
Medical is Allianz. A/L 1.1m, L/L no limit. R&B250

Hi all, I am 27 this year. Currently have one medical my dad bought in 1999. 70k x 3.

Thinking to purchase new, please advise below premium is good to go?

Premium RM260/month for below

Life: 100k
PA: 100k
Critical illness: 100k
Medical is Allianz. A/L 1.1m, L/L no limit. R&B250

For the Critical illness, assuming it's PrimeCare+, you have a good quote there 🤓

Best,
Jiansheng

You can get much higher cost coverage with this much of premium.

My real life example:

Life: 200k
TPD: 200k
CI: 200k
PA: 400k
Medical: 200k AL deductible options

Average RM150/m, RM1800+ per annum.

Some may argue the medical is too low. Ok let add up to double up to 400k AL that would be maybe around RM2k+ per annum with double life/tpd/ci and quadruple of PA but lesser medical (do we really need 1m AL? I don't know)

Too many ppl paid too muh premium for unnecessary low savings rate. Unless you are the who don't know discipline yourself for investment. Get a ILP then.

#buyterminvesttherest
#dierich<60
#cashrich>60

Yes it's prima care plus. It's a PowerLink plan.

I've been reading around seems like this is a standard premium price.
Thanks for the input sir. My mom was telling the same thing, medical no need so much, cover 1m for PA. Medical is for hospital to earn more.

Medical I considered about inflation, last time saw some articles saying can't people afford medication. R&B can be reduced to 200 actually.

I have no interest in ILP. Only in this plan because all in one.