hi guys,
usually whats the grace period for AIA medical card premium? how long i have to pay before they suspend my coverage after the due date?

thank you

Hi Guys. I have a questions on Insurance + MRTA / MLTA.

I am age 30 now, and am diagnose with early stage-2 testicular cancer 2 years back, and have gone through Radiotheraphy during that time.

From then until now, during doctors checkup everything on my health state is okay.

According to my insurance agent, I will be unable to purchase any insurance, or top up, going forward, and the previous policy that I purchased: Life + PA + medical will be the only I cover I have until 70 YO.
Is this correct?

Then 2nd thing is, I am currently looking to purchase my property for own stay.
And I am thinking which option I should choose between MRTA & MLTA.
If I am unable to top up or purchase new life insurance, I am thinking MLTA is a better option to offset my risk.

Can you guys help me clarify on this details?
Thanks!

Depends if you’re on ILP or Standalone policy. Normally 1 mth after the last due date before it lapses

If you’ve been diagnosed with cancer before, chances for you to apply for any insurance is very slim / NIL.

This apply to MLTA too? or thats different

Yes, all insurance policies issued must under-go underwriting from the insurance company whether MRTA / MLTA.

I see. okay thanks for the reply.

1 more question. The bank is currently offering loan + MRTA.
Does this mean, even if bank offer me MRTA along with loan, in the end there will be trouble in approving the policy too?

the MRTA will not be approved. You may then proceed with the loan without MRTA

It's almost not possible to get any life/ 45 Critical Illness coverage from any company for 20 years duration of diagnosis. However, if your existing policy is under Great Eastern, you may get special offering of policy that is without health assessment, covering life and 45 Critical Illness(with exclusion of pre-existing illnesses). Example if Great Eastern is offering you a plan that is covering Life and 45 Critical Illness, you wouldn't be able to claim for the "cancer" but can claim for the rest of the 44 types of Critical Illness, well, it's fair enough I would say.

This kind of policy will open to public purchase but those selected customer by Great Eastern will have no health assessment. Some of my cancer client bought quite a lot during the offering. So, if you are Great Eastern policy holder, do keep in touch with your agent and remind your agent to update you.

Some bank officer do manage to apply MRTA for you, but it's without declaring your current health condition, this is kind of common but unethical practice back when I was a mortgage agent.

I see. I have both AIA and Tokio Marine. But don't think have these kind of offers.

I will let the mortgage agent know and let them requote me then.
Thanks guys for all for the reply.

This post has been edited by blacky88: Mar 14 2019, 01:54 PM

Hi all sifus,

I'm having dilemma in choosing new company for my life insurance and medical card. May i have few thoughts in which company is most reliable?

My current is with pru bsn prudential (already 9 months). I went to KPJ at my place and supposed to be admitted but the doctors there mentioned there is high possibility that i wont be covered and have to pay myself as they are having a lot of issues pru bsn not covering their patients. And i can see their worried face when i mentioned that my insurance is pru bsn.

did the doctors there mentioned which is the "easiest" to claim?
can check with them? since they are the going thru all those claims almost daily and after some years, they must know the answers....can you find out and let us know?

answers from here are or may not be so reliable for there maybe "vested" interest in each responses.

If it's offered and covered by the insurance company, I wonder why you need to be worried about that?

You can look to AIA if you're looking for takaful

What is a healthy coverage for a 23 yr old male non-smoker?

Looking at between 200-250 monthly premium, AIA specific is better ..

This post has been edited by Dachshund: Mar 16 2019, 12:59 AM

You don't get a specific healthy coverage, agents can utilize the premium to give you a high coverage to give you a good impression but policy lapse faster than ever.

What you want is a balanced policy.

Yes i want a balanced policy...can u roughly work out a plan for me? Im going to speak to my agent on Monday...

CI - RMxxx
Death - RMxx
...

This post has been edited by Dachshund: Mar 16 2019, 10:58 AM

Yes it's offered by the company. But as i mentioned, all the staffs at the kpj worried that the company would not be paying for me as they are having many with the same problems.

They did mentioned if my insurance is from AIA or GE they would admit me right away.

hmm really no comment about this haha

Etiqa maybank.

D/TPD 500K to 600K
CI 300k


Around 260 280 including waive of premium.

It's ILP tho


Based on what agent told me and just suggestions.

hi all, is there any difference in term of premium/cost if i buy medical insurance from agent, or direct from insurance co such as online, walk in etc?

difference on the price maybe 10% - 20% lower.