What is the amount covered for AIA benefits?

Pru covers multi CI vs AIA covers early CI but not multiple CI.

What's the R&B for Pru?

What's the age of this person? Smoker? Occupation?

@.@ so many missing details

AIA medical upgrade campaign (FOR SELECTED EXCELCARE, EXCELCARE PLUS AND MEDIPLUS CUSTOMERS ONLY).

Currently I'm 56+ now and I do have the 10 years old AIA excelcare & medic+ plan with yearly limit RM90K and life limit for cancer RM113K and Kidney dialysis treatment RM80K, beside this, my current company medical plan and CI limit is also RM500K yearly limit. Since the AIA upgrade campaign do not required medical checkup and If not due to the additional premium about RM100K (for 25 years) and I'm bit tempted to take the upgrade plan.



My question to all insurance expert here, should I take the upgrade offer with either N150 or N200 plan

new 150 plan - come with yearly RM500K and life limit of RM1 mil for Cancer and Kidney Dialysis treatment. Is 1 mil limit for cancer treatment enough?

new 200 plan - yearly RM1.2 mil for hospitalization, cancer and Kidney Dialysis treatment. - RM1.2mil yearly too much?

TIA for any suggestions.

This post has been edited by utellme: Aug 25 2020, 04:21 PM

No right and right or wrong between Plan 150 or 200, subject to your personal preference to get a better / higher coverage by paying the additional differences or not.

if your budget allows you, get Plan 200. You can benefit from the Health Wallet which you can't get under Plan 150.

This post has been edited by lifebalance: Aug 25 2020, 04:24 PM

both 100k sum assured

r&b for both is rm200

age - 28, non smoker, office job

what are your thoughts?? better to go with wich one?

AIA would have a more comprehensive coverage overall since it also includes Female disease coverage (I'm assuming you're a female since it can only be sold to females).

On top of that there is an early CI coverage. Though you have to take note the payout is 30% / 60% / 100% ratio (Low, Mild, Severe) CI.

For the claimable conditions, you may refer to the policy later on. You will get to enjoy Health Wallet from the medical card benefit as well under Plan 200.

For Pru wise, main difference would be the CI benefit which can be claimable multiple times. But that's about it.

Lastly, as for whether the insurance plan you are buying suits your needs or not (the sum covered and benefit rider that you're adding now now). Will not be able to comment on that since I don't know you personally to advise on that.

Hi Keith, Thanks for the quick feedback.

let say, If I keep the current hospitalization plan with yearly limit RM90K and plus the additional top up premium RM100K for new plan which make up of total RM190K is good enough for serious illness treatment at UMMC and HUKM private arm, because normally those govt hospital private arm charges is about 35%-45% cheaper than those tier one private medical center.

You can do so actually if you want to save cost by going for UMMC / HUKM.

If cost is your main concern to get a better benefit card.

Here is an alternative:
Room 550
Annual Limit 980k
No lifetime
Premium RM2,000 yearly

Cost is my main concern indeed as I going to retired 3.5 years from now. I can reserved about RM130K-RM150k in retirement fund for my future medical treatment expenses needs.

This alternative plan from AIA? Or from others insurance co. My current plan this year premium is RM2000 too.

This is alternative to the AIA plan, not from AIA though.

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 all,

Wanna ask is it normal if hongleong asking for regular top up payment monthly double or more than my current monthly payment?

Means if I am paying 300 monthly now. I HV to pay 600 to sustain the insurance until age 100. Else it will lapse by age 61.

Bought at age 29 with full riders and paying for few years already.

Thanks in advance.

You want to sustain to age 100 ?

Then paying double of the existing premium is logical.

Given your young age you may want to consider APVX for APV.

Maybe you want to review if all your riders are still needed? This may help to reduce the premium.

May I ask, what is APVX for APV? Also, which riders do you think is not needed?

appreciate it, thanks

https://www.aia.com.my/content/dam/my/en/do...venus-extra.pdf

There is not much difference beside coverage on pregnancy complication, congenital abnormalies & death of foetus, unless you're planning to have a baby soon then getting the Venus Extra will be more beneficial in the near future.

That being said, I'm surprised your agent didn't explain to you between these 2 before it proposed to you

Hi Keith, appreciate your reply! Helps a lot!

Yes, I am a female seeking to upgrade my insurance plan. Also, I want to ask why does AIA CI only cover 39 illnesses? while PRU covers more (45, if not wrong?) Does the extras have a difference?

From your professional stand point, you mentioned that the MAIN DIFFERENCE lies in the CI claimable payout, does it matter if its 30/60/100 ration vs multiple times???

So, all in all, which would you recommend to go with? Given the 2 plans that I've inputted, yet I am still unsure.

Certain companies do offer more coverage on certain extra "Critical Illness" beside the usual 36 types. It's always a plus to have insurance company to cover more.

Nowadays you can even cover up to 77 types (Allianz).

Early CI and Multi CI are 2 totally different types of animal category.

Early CI concerns on paying out in the event of early stages of Critical Illness to cover some of your pocket money (most of the time you won't be dead so fast if it's early stage)

Whereas Multi CI concerns on covering you long term if you do succumb to different category of Critical Illness. Most of the time, normal CI payout without the word "Multi" only payout once and that's it. Whereas Multi CI allows you to claim multiple times, sometimes between 3 - 4x depending on the benefit add-on.

Also I forgot to point out that Pru's Multi CI covers early stage as well, the payout is 50/50/100 (Low/Mild/Severe)

The benefit for Pru is very good especially in the area of CI (Up to 400% Sum Assured)

Both are good plans, but unless you die die want female coverage then you need to forgo the Multi Early CI coverage for a one time off Early CI payout.



This post has been edited by lifebalance: Aug 26 2020, 12:14 PM

APVX provides additional coverage for pregnancy complications and for newborn, though it's limited in coverage. Since you mentioned APV, I assume that you were aware of both riders.

For critical illness, you could have your Life Planner to provide you with more details as there are other options including Early Care and Multiple Care.

What rider you choose will have an impact on your premium.

What's the difference between critical illness payable and medical coverage?

Let's say someone is diagnosed with cancer and needed surgery. So that person gets paid a lump sum from critical illness rider and then also can claim the surgical cost from medical coverage rider?

Also from Allianz medisafe, it comes with deductible option:

• Zero Deductible (Base Plan); or
• RM5,000, RM10,000 or RM30,000 per Policy Year
with Retirement Option at age 60

What does this mean?

Medical insurance purposes is to cover for anything related to hospitalization fees

Critical illness insurance provides a lump sum payout for critical illness event as a form of survival income to sustain their lifestyle while they recover from their illnesses.

A Deductible is the amount you have to pay first before the balance of the hospitalization fee is paid by the insurance company.

If you have selected a RM10, 000 Deductible, it means you have to pay the RM10, 000 first before the rest is paid by the insurance company.

- With retirement option means your policy may come with deductible until the age of 60 whereby your policy will be converted to a Zero Deductible policy. It's an option applicable for people who have some existing insurance or company insurance but also wish to maintain a personal insurance but not having to pay the full price premium for it until they are age 60.

This post has been edited by lifebalance: Aug 27 2020, 04:46 PM