If you have budget around RM150-RM200 each. Can consider the campaign product by GE.
****Campaign available from 16 January 2020 to 31 March 2020.

Great Generation Care.
https://www.greateasternlife.com/my/en/pers...ation-care.html
- Cover Life/TPD/ 45 CI for assured
- Free 56 Illness Coverage for your kids. Or future kids up to age 18NBD.

Coverage around RM115K - RM160 depending budget you choose.

** Return of total premiums paid or sum assured which ever higher at maturity

Halo friend,

Depending how you want to plan. Various options

Short term coverage, say example cover till age 60+ with 2 result.
- 1st nothing left by that time - premium lower.
- 2nd got cash value if your surrender by that time. The more you want, higher the premium

Long term coverage, say sustainable till age 99.
Also depending what you want at the end.
Cash value just enough to sustain, high sum assured.
OR high cash value + high sum assured.

All depend on your budget.

Another choice short short term plan. Term Life insurance. Let say cover 5 years.
About RM370 monthly . RM633K LIFE TPD
Is cheap, but what happen 5 years later? Housing loan settle? If yes then ok loh

Anyhow, you still need to think about illness. This can cause you trap into no income but dept paying situation.
It is better to consult agent for better view on planing.

Halo friend,

Need to have payor info (Usually father pay)

Age next birthday, occupation, smoker or not.

And children info male/female, age next birthday.

You may take a look GE Smart Protect Junior
Smart Protect Junior

This post has been edited by tyenfei: Feb 21 2020, 09:23 AM

Halo friend,

Is good to have intention for better coverage.
Medical plan is the basic protection.

My opinion always get sustainable medical policy till 80yo with no lifetime limit for kidney/ cancer.
It is medical card, so we got to ensure hospital bill worry free till end of day.

If you plan to review by age 60, cost of insurance sky high by that time. You may try ask for quote same coverage medical plan for Male 60yo as estimation.

Base on you basic info, monthly RM350 still can get R&B200 with medical 1.32M annual sustainable till age80. But need to adjust life/ CI coverage.

You can top up Life & CI coverage in near future when you have better financial by getting another LIFE policy.

Not sure about other. For GE you have to get Smart ProtectJunior for age 1 - age 15.
With critical illness coverage options

Product info:
https://www.greateasternlife.com/my/en/pers...ect-junior.html

Looks okay, cover many sectors. If this is the only policy you have in hand.
You can check your illustration table, roughly can sustain till what age base on X (low return) & Y (high return)
Also check the chosen fund pass performance for estimation.
You may ask your agent to show you as well.

Life cover not enough if you have housing loan or other commitment.

You just sign up? or old policy?

Anyhow, base on your basic info.. same amount you can get same sum assured with higher medical fees and no lifetime limit for kidney/cancer.
And no co-insurance, plus 45 Critical illness. Sustainable till 70yo both scenario X & Y.

as other suggest, enough or not base on your commitment.
It is better to consult with agent. Open your book and plan in order.

sustainable mean with the same premium, a table illustration with estimated investment cash value can last till what age.
(not guarantee, anyhow good enough to predict)

I use the same amount you paying, calculate with GE SPE3 new policy.
You may ask other quote to compare.

This post has been edited by tyenfei: Feb 28 2020, 01:47 PM

Suggest you check how much medical fees, for lifetime or renew annual. Any cap for kidney dialysis/ cancer outpatient treatment.
And roughly plan can sustain till what age.
Most importantly ensure got waiver rider.

Then only you decide need to upgrade (if available) or get new plan better.

This post has been edited by tyenfei: Mar 6 2020, 06:26 PM