Is there any new product that can cover a 60+ years old with heart disease and diabetes history?

Looking for RM400k term life.
33 yo, male, non-smoker.
hyperthyroid history - Etiqa i-secure and ezy-secure don't accept me for that reason in the online application.

My friend is an actuary in Pru, I was told they only price 15% medical cost increase for the next three years, and leave everything constant for 4th year onwards.
Since insurance co can revise premium anytime, expect that to happen when medical costs escalate, which is almost certain.
So no point looking at the insurance charges projection in a 30 years table.

This is Great Eastern's latest fund performance.
On a 5-year CAGR basis, the Fixed Income Fund made 5.2% average per year, the Balance Fund made 3.4%/year, and the Progressive Fund made -0.8%/year (negative).

They need to sack the fund managers for not able to outperform idiot-proof fixed income fund. I know last year was tough but 5-year CAGR performance of that is abso-effing-lutely unacceptable.

Nope.
Because if the insurance company is to be honest and price in the 6% medical cost growth every year until you die in say 50 years, a RM1,000 quotation under current regime would cost RM50,000.

And don't get lured into a perceivably cheaper medical premium. There is chance that the insurance company has not reviewed pricing for long time, and then realised the money pool gets unsustainable. The only option is then reprice the premium.
Which mean what's cheap today may be more expensive than the competitors when they reprice. I think this happened recently with one of the insurance company.

While it is difficult to track, ideally we should see the repricing history of the insurance company. If the assumption is that every company will price the medical at the same price over the long term, then there is limited motivation to shop around.

Insurance is all about pooled risk, you need a sustainable pool (low claim, healthy participants, etc) for the pool the be sustainable and remains reasonably priced.

The 10-year rule of thumb is a lazy method, but i'm aware that no insurance agent will want to go through that process of explaining what's needed.
Life insurance is for income replacement. I've just recently topped up my life coverage, and my method of arriving to the coverage amount is to look at:
- Any shortfall of my MRTA/ MLTA in my mortgages
- The amount that I'm currently paying for the household expenses.
- Potential additional expenses to be incurred by the wife if touch wood i'm gone, this includes for the kids etc
- An amount that can afford her to not work for a period of time

The life coverage should theoretically reduces as i age, as most commitment would have been paid. So I will structure my plan to cancel or reduce the coverage as i deem fit.

Not doing all those calculation, there is no way anyone can advice you if you are under/ over-insured.