Hi, all expert here.
I have a question regarding my insurance coverage and premium.

I'm 24 y/o this year, and I'm having a plan with GE with following coverage:

Sum assured for life + CI: RM500,000
Medical: RM150 (900k + 90k Annual limit / unlimited whole life)

Is it enough coverage for me? I'm approached by Allianz agent, and after the agent reviewing the policy, he tell me not enough coverage for medical, where he usually quote RM250 for his customers.
Previously my Sum assured was only 100k, and the first time he approached me, he claiming 100k is not enough. Hence, I upgraded my sum to 500k. Now he's claiming that my Medical (only RM150) is not enough.

So is my coverage enough? I'm paying RM250 per month for my premium. Is it cheap?

Thanks for your reply and glad to hear that.
One more question. With the same premium and same plan, my friend is only having 50k sum assured. How come the coverage different so much? It's x10 in different. I've compare everything in my policy with my friend, everything else is the same except the sum assured. Is there any chance where my friend can get a better coverage (at least 200k or 300k sum assured) without increasing the premium?
Both me and my friend are same age and I bought the policy 1 year earlier than my friend. This sound like a scam to me. Sorry if I offended anyone, but anyone care to explain how come there is huge difference in coverage?
Both me and my friend are not smoker / drinker and all healthy. Only different is I am a male and she is a female. Does that make a huge difference?

I told my friend to tell her agent, but her agent keep emphasizing that the policy won't sustain for long and the agent quoted my friend an upgraded policy, RM270++ with 300k sum assured. Feel like the agent is just trying to upsell as what you mentioned.

Thanks so much for the info!
BTW another question, but more on personal financing instead of insurance.
What's the recommended portion of insurance premium to my salary?
E.g.: If I'm earning 2k per month, what's the recommended amount that I spend on my insurance premium? Like maybe 10%?

may i know what's this? am i gg?

HI Sifus. I am very new to insurance. I have a policy (medical card + some riders) from HLA which was 10 years ago. I am paying about 2.5K annual premium. I noticed the annual limit 75K and lifietime limit 300K is very little by today's standard , and will be even lesser in 10 years time.

My Age now 44 , non smoker, work in office.

I was quoted 4200 annual premium from GE  consist of :
Medical card (90K annual limit, unlimited lifetime, )
Death or TPD 20K till age 99
Money matter (Estimate policy value at year 20 75K)
is this quote OK? or if there are any options that I could just top up abit to the same provider HLA to have a higher lifetime limit. and FYI i have lost contact of the agent so could not consult.