Insurance Talk V5!, Anything and everything about Insurance
|
|
 Jun 24 2019, 08:46 AM
Return to original view | Post
#1
|
 
Newbie
46 posts Joined: Jun 2018 
|
Hi
I am 20 y/o fully employed earning about 30k annually. Parents are 57 & 51. Was told to get insurance for the whole family (I am an only child). Please help, not sure where I should start. |
|
|
|
|
|
Jun 24 2019, 04:46 PM
Return to original view | Post
#2
|
|
Newbie
46 posts Joined: Jun 2018
|
QUOTE(ckdenion @ Jun 24 2019, 03:29 PM) BNM only imposed certain ILP product structured changes that benefits policyholders, not really revising the premiums. no one can guarantee the premiums for the newly structured ILP after June. better to wait for official plan launched from different companies. Agents will only know after generating the new product PDS. I'm under GE's i-Great Damai. Rm200 per month for me alone is maybe a bit too much, + since I started working, dad has been pushing the family expenses to me. Maybe if there was something bundled for all 3 of us then can be OK.I'm assuming that you are referring to ILP plans since you mentioned about cash value. if so, paying monthly and paying yearly doesn't make any major difference in cash value. nope not really. you can sign up if you think you need it already. cant comment much with no age, occupation and smoker/x smoker. what do you and your parents currently have?  Not really sure what they're both on, think they forgot already, just pay since autodeduct from respective accounts This post has been edited by ultralightbing: Jun 24 2019, 04:47 PM |
|
|
Dec 27 2019, 10:47 AM
Return to original view | Post
#3
|
|
Newbie
46 posts Joined: Jun 2018
|
Hi, need suggestion on what I need next.
Have a company medical card je, was told it's insufficient. Do I need anything else? Can provide details via PM if necessary, plus also have tight budget (below 100 monthly commitment if possible) |
|
|
Dec 27 2019, 11:00 PM
Return to original view | IPv6 | Post
#4
|
|
Newbie
46 posts Joined: Jun 2018
|
QUOTE(ckdenion @ Dec 27 2019, 11:06 AM) hi ultralightbing, what's your age and occupation? smoker or non-smoker? you can opt for few of this for tight budget solution. Hi, thanks for the response. Am 21, working in engineering industry but mostly in-office. I don't smoke. Thank you for the recommendations - will have a look-see.Great Health Direct by Great Eastern PruDirect Med by Prudential AXA eMedic by AXA |
|
|
Dec 27 2019, 11:02 PM
Return to original view | IPv6 | Post
#5
|
|
Newbie
46 posts Joined: Jun 2018
|
QUOTE(lifebalance @ Dec 27 2019, 10:51 AM) Do you have dependents who depends on your income for survival ? Not yet, just turned 21. Parents are well off but I don't want to bother them by asking for more financial support even after my employment.Some payout if you're unable to work upon critical illness or accident? Probably share more info about yourself and your current financial background. My salary is below 3k, about 2.7k |
|
|
Dec 31 2019, 10:15 AM
Return to original view | Post
#6
|
|
Newbie
46 posts Joined: Jun 2018
|
QUOTE(ckdenion @ Dec 28 2019, 08:58 AM) hi ultralightbing, feel free to ask here if there's anything you don't understand in those links. Just took a look at PruDirect Med which quoted RM500 or something like that. Would this be an annual thing or will it be charged in monthly instalments? For AXA eMedic, do you think I should get the 50k eLife Protector+ for a monthly total of 69.90? |
|
Topic ClosedOptions
|
| Change to: |  0.1171sec
 0.49
 7 queries
 GZIP Disabled
Time is now: 15th December 2025 - 07:20 AM |
Quote