if based on your requirements above, and if you think MUM post (as below) is crucial to the sustainability of your income to cover mortgage repayment and living expenses

then do consider the amount you need to cover for that scenario....as pointed out by ckdenion
select well and covers it well.

Unfortunately specialised insurance like specifically for Hands, Face, Butt or other areas of bodies are not really sold in Malaysia. But it is sold in other countries where the individuals deem it is a very important asset for them to insure due to their career.

The area that is covered for Malaysia for body parts now are in the area of Accident where loss of limb is applicable.

In general term, TPD may be fulfilled by one of these occurrences:

1. The person is not able to do any work, business, occupation or profession to earn any wages, compensation or profit.

2. Total loss of the sight of both eyes.

3. Loss of use of two limbs above wrist or ankle.

4. The person is not able to perform at least 3 Activities of Daily Living (ADL) without the assistance of another person.

What's the Definition of Activities of Daily Living?

1. Bathing/Washing - The ability to wash in the bath or shower (including getting in or out of the bath or shower) or wash by any other means.

2. Dressing - Putting on and taking off all necessary items of clothing without requiring assistance of another person.

3. Eating - All tasks of getting food into the body once it has been prepared.

4. Mobility - The ability to move from room to room without requiring any physical assistance.

5. Transfer - Getting in and out of a chair without requiring physical assistance.

6. Continence - The ability to voluntarily control bowel and bladder functions such as to maintain personal hygiene.

General Exclusions on TPD applies

If your Total and Permanent Disability is caused directly or indirectly, wholly or partly, by any of the following occurrences:

1. Any self-inflicted injuries while sane or insane
2. Travel or flight in or on any type of aircraft except on a regular scheduled passenger flight of a commercial aircraft
3. Any activities of a military nature whilst being engaged in military service in time of declared or undeclared war whilst under orders for warlike operations or restoration of public order
4. War, civil war, invasion, act of foreign enemy, warlike actions (whether war be declared or not), including accidental explosion and/or deliberate explosion of weapons of war, during war or directly as a result of previous war
5. Pre-existing illness
6. Being involved in unlawful act
7. Being under the influence of any alcohol, narcotic and/or drug



Payout for Personal Accident that consist of lost of limb depends on which body part is lost which will be based on a payment schedule, these kind of policies does not require the lost of both limbs unlike TPD's clause.

Do you need a Personal Accident coverage ? Yes and No depending on your type of occupation, if you ride motorbike a lot then yes it's very important as the risk of accident on the road in Malaysia is very high.

What if you're desk bound ? Having some kind of personal accident could come in handy as it's also inexpensive for a high coverage. But if you feel that it's unnecessary, you don't have to get it.

MY got sell insurance for eyes?
If wan do eyes laser OPTIMAX surgery but scare got side effect or blind so want to buy insurance cover
How much?

I've recently come across the fact that certain MRTA packages offer refunds for early settlement of a home loan. This sounds good to me, as MRTA is often much more affordable compared to MLTA, and I can use the excess money for investment purposes.

Meanwhile, I'll probably also be looking for comprehensive medical coverage in addition to MRTA.

What do you all think? Any disadvantages to this option?

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)

HLA is increasing my premium by 2 times of what I am paying now if I want to be covered until 100yrs old. When I first bought it, the coverage is meant for up to 100yrs old but recently my agent told me that with current projection, the coverage is until 60yrs old only. Is other insurance company also increasing the premium annually?

This post has been edited by chockie: Sep 3 2020, 10:15 AM

For hospitalization wise, it's not covered since it's an elective surgery

If your policy was bought prior to Jun 2019. Insurance companies were not required to disclose how long your policy was sustainable within your policy.

They only show your term of coverage which is "up to age 100".

With the new guideline by BNM to insurance company, you are able to see that your sustainability is only until "age 60" instead of "age 100".

So there you go.

As for any other insurance company, Great Eastern had increased it's premium recently, up to 35% depending on the plan selected.

Appreciate the feedback. Is it okay if I don't top up now and do it maybe 2~3 years later? Mine is mainly medical card and the increase is insane, more than twice of what I am currently paying.

Yea you can do so as it's not compulsory for you to do any top up immediately as it's just a recommendation by the insurance company.

Just bear in the mind that the required top up may be higher in 2 - 3 years time than the current recommended amount as you've lost 2 - 3 years of time as well for the insurance company to make returns of investments into your account.

Hi guys, anyone know where can i register 3rd party insurance via online for my 7 years old, debt free car?

while waiting for responses, i googled and found this,

Best Third Party Car Insurance
The best third party car insurance plan covering you against the damage, loss and injury when on the road.
https://ringgitplus.com/en/car-insurance/third-party/

yes i tried, all website only go for comprehensive quote, no third party motor quote. ringgitplus link you to whatsapp and autobot al show comprehensive quote.

Actually... i go shop at the insurance company website and quote one by one.

On average i shop 5 or 6 before buying. Haha

i also shop, but dont have third party insurance.

Hmm then i might suggest you to give up online or go for traditional method. 3rd party is in general not as profitable to the insurance company.

If cost is an issue. Try buy those with some deductible/excess amount, if you can find.

I've just terminate my insurance plan because of ILP. I know that I need to wait another 12 months to apply (was told by my ex-agent). Then another insurance agent say I can apply new plan anytime. Is it true?

This post has been edited by Leo the Lion: Sep 5 2020, 06:10 PM

You can apply any time just that if you apply with the same company the agent from that company would not receive any commission from the new plan.

Best,
Jiansheng

If you decide to buy back a new policy with the same insurance company you just cancelled on, the agent won’t get any commission

If you decide to buy with another agent from another company, then the new agent won’t be affected

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

I applied medical insurance from Manulife for my sister who is OKU in Intelektual and the underwriter at first requested for

1. Statement for their panel doctor
2. Statement from usual visit doctor

During this process, I have visited the doctors many times because of human mistake etc...

Then now, they asked again to do blood test. I wonder why don't they request it once at all and not one by one. I have spent may times in bring my sister to do all of these.

How about if after done all this, they rejected? This is business and I pay the insurance premium for them to "insure" one.

Hence, I am looking for others companies which can access all at once without spending my time to do one by one.

Please PM me.