hi anwa, here are some other few options you can look into for standalone medical card.
AIA A-Life Med Regular
Great Eastern GreatMedic Xtra
Manulife ManuHealth Elite
Tokio Marine Premier Medic Partner
Prudential PRUDirect Med

it depends on what you want, there is no right or wrong getting investment-linked or standalone medical card. it all goes down to how long you want the card to cover you, total cost, the benefits (whether to have living assurance benefits a.k.a critical illness payout or having life insurance a.k.a death and TPD benefit). so if what you are looking for is medical + CI/TPD, then the next thing you wanna do is compare if get everything standalone/traditional will be more worth it or buying one investment-linked plan with all the benefits in it. compare then make the decision that suits you the most. our job is to show you the options and weigh between the options whats best for you

This post has been edited by ckdenion: Aug 23 2020, 03:17 PM

Hi afif, do you mind to look at something from company not mentioned above?

hi Walzor, perhaps you can provide more details for AIA coverage amount and also Prudential medical card coverage details. also sustainability age for both plans. cant comment much with the details you'd given.

hi jhodyj, i dealt with client with mild scoliosis 2 months back. the result of the insurance application is TPD excludes spine and medical card also exclude spine (direct or indirectly caused). you can try apply and see, this could be the possible exclusion that you will have.

you only need to submit the report that diagnosed your mild scoliosis. no need to do x-ray unless you yourself wanna make sure of the current condition of your spine.

hi objectifyme, perhaps you can share more . how much is your mortgage amount and tenure (from now) and how much is your current living expenses?

yea yklooi. you brought up something good! in this case, then have to add on comprehensive accident riders that pays out partial loss of limbs and also unable to work for a certain period of time due to accident.

hi MUM, for loss of both sights, two or more members (limbs) or loss of 1 eye and 1 limb, these 3 is considered as presumptive TPD. for general TPD is like what you mentioned,
1. unable to work and earn income (more than 6 months) due to accidental injury or illness.
2. unable to do at least 4 out of the 6 daily living activities (transfer, mobility, continence, dressing, bathing/washing, eating)
3. disability that need constant care and confined at home/hospital/institution for more than 6 months

losing 1 wrist is crucial. can claim 50% from comprehensive accident benefit.

Yes, for MRTA, when you settle your mortgage loan earlier, you actually wouldn't need the MRTA anymore. So when the MRTA is cancelled, then the premium will be pro-rated refunded to you. Is your loan approved already? Normally they will offer MRTA to you before you sign the loan offer. Just need to take note on the MRTA coverage and term (year of coverage)

hi Leo, you can apply anytime. It's for your own good anyway

hi e-Shagger, this plan funds will be invested in 80% low risk fund and 20% high risk fund. it's better to refer to the table of illustration, it is not about how secured your capital will be, it is more important to know what fees that will be incurred.

hi yoomie, both also got high annual limit and no lifetime limit. what other concerns that you have?

hi mattrock, most people will recommend medical insurance first usually. based on your current status who is a fresh grad, i believe you will have more concern on covering medical bills and do not want to pass this burden to your family. unless you have a lot of liabilities with you (such as car loans, mortgage loans, credit card loan if you have), then you will also have this concern of not passing this liabilities to your family members as well. now you may ask yourself again which one you are more worried about in your current situation

yo billy, perhaps you can provide some other info like how much loan you took and also loan tenure. btw how mahal is mahal?

hi vknight, yea for your case, it is not claimable. but you can keep the receipts in case after that doctor visit within 60 days if it's necessary to be admitted, then you can submit that as pre-hospitalisation claim.

hi kingsley, you can also talk to different insurance agent. basically you are also finding someone that you are comfortable to work with. if you want just the standalone medical card, definitely cannot compare with investment-linked w/ medical card. unless you want to take in consideration of having other financial risk planned (for example you find the need of getting critical illness insurance), then only it makes more sense to take investment-linked to have all the benefits lumped together. then you can focus and make your own investment (totally not related to your insurance plan). you can also do a proper planning before making decision.

hi Leon, yea this year GE made a COI revision on their medical riders. maybe its also because their new medical rider coming out this week. so yea, so long policyholder that has GE medical riders will receive the notification.

hi METALRAGE, the article is well written, it is more to technical side and good for knowing and learning more on how current insurance products work.

hi redtuna, this is an ILP plan. btw when did you friend buy this plan? the suggested regular top up is so much highly likely is because older ILP plans default sustainability is up until 100 years old. so the recommended amount is to make sure the plan can sustain until 100 years old. normally i will advise to go to at least 70 and max 80. but of course it still depends on long term financial planning. by that age, an individual might not need so much of protection due to almost no liability. so its still subjective ya

hi Thrust. so far this 2 are competitive and very very similar. I attached both latest medical card from GE and Allianz here.
Allianz Medisafe Infinite+
Great Eastern SmartMedic Million

hi jack, do you still have all the reports with you? since you already done all the checks required by Manulife and if you have all the reports kept with you, try to apply with other companies. Chance is minimal though but if you dont mind, can give it a try. if there is a company that can accept with exclusion and loading also consider good already. do update us again.

hi eddydo, you will definitely get 2 answers from different people which is "yea it is necessary" and "nah, its not". the best person to answer is actually you yourself because you know yourself best (risk that you can take, your financial status, your concerns, etc)

perhaps put it in another way, say your company got first aid kit to use, will you still backup one at home? or just use the one company has even though in emergency?

ok jack. perhaps you can try other companies. looking forward to hear good news on getting something for your sister

hi cy91, basically cost of insurance for medical cards are not guaranteed from the start. so yea technically speaking, insurance companies got the right to hike the price. of course when it comes to % of increase, they don't simply increase a lot actually. if not mistaken it is stated in the letter of notification when was their last cost adjustment. also with the medical inflation hike of more than 10% p.a., they have to adjust the medical card insurance charges. there is a news regarding this as well, you can read more to understand.

Medical insurance premiums rising at an unsustainable rate

don't say yourself stupid. you did nothing wrong. Agent should disclose all this info to you. at least you know now and you can review and make better decision trust me you didn't make a wrong decision back then.

yeap cy91, technically they can do so. like what you saw in the coi % increment table in the letter notification. the increase this round is 40%-50% (this is after...3 years if not mistaken?) it depends how you see it, even though GE increase their COI, if you compared to other companies medical card, the COI is still slightly lower or almost same as other companies. perhaps you can also check out their new medical plan if the COI is almost the same. if yes, then you can actually upgrade it.

hi saplayer. take ILP if you want to have other coverages together like life and CI insurance coverage. the only concern when taking the standalone medical plan is to make sure premium is paid on time to avoid policy lapsed easily (since its a term medical plan and there is no cash value at all).