Certain immunodeficiency are included as exclusions for Critical Illness; better to declare for underwriting.

Normally for such cases, what is the success rate? Or there is no chance at all. Is there any successful application like this from your experience?

If he/she disclosure the ocd or bipolar during application, how bad is it will affect them ? ( in terms of future re-application or application from other insurance company )

as per this....

KUALA LUMPUR, July 4, 2019— AIA Malaysia has decided to cover mental illness, believed to be the first Malaysian insurance company to do so.

The insurance company now provides coverage for depression, obsessive compulsive disorder, schizophrenia, Tourette’s syndrome, and bipolar disorder and postpartum depression.

https://codeblue.galencentre.org/2019/07/04...um%20depression.

No one in here can answer your question.

If you really want the insurance then apply for it to find out.

This benefit is limited to under the Health Wallet within the medical card FYI

Someone intro me to this group, not sure if anyone still reply but I have a question.

Which is should I separate my insurance policy? For example, one policy contain life and medical, another policy contain life and critical illness, and another policy contain only personal accident, etc...? It is really cheaper?

Certain plans are created by the insurance company to provide a higher coverage and each "Bulk" amount you purchase entitles you for some discounts by the insurance company i.e Life policies

Some Personal Accident plans as standalone provides more benefits compared to an all in one plan (though could cost alittle more)

Unless you are really nit-picking into every single cent then feel free to count down each policy to its single cent and choose the "So-called" cheapest plan if you want to save on it. Just keep in mind that insurance company will make adjustment from there and then especially for Medical benefits for the premium payable.

When it comes to buying an insurance, it's not always about cheaper/cheapest (Unless you're real broke then you may need to assess whether you should even buy an insurance in the first place).

Secondly whether the insurance provides a comprehensive enough coverage for you or not, every insurance is useful until when it comes to the point of making a claim and found out you are not entitled to many claims benefit or the pay out is not even enough or most of the plan bought were for retirement/savings purposes but you needed more hospitalization / critical illness.

Get a good advisor to help you out

Simple answer, it depends.

Ask your agent to structure the policy then put it up for review here.

Also ask him why he says it’s cheaper.

Best,
Jiansheng

I have some experience with similar cases.
It is my customer who developed depression some years back. He is currently more cheerful and motivated again, but still undergoing treatment.

However, sad to report that his application to upgrade his medical coverage was declined twice. Over a 2-year period.

As what others have mentioned, best to try and apply, submit all the relevant reports pertaining to the diagnosed condition.

hi Justinng343, since your friend intro you to this group, likely this group is still quite active

put it this way, to separate insurance policy is not really because of cheaper premium, more to purpose of each insurance policy. just give you an example of my own, there is life insurance policy for myself whereby i will cancel it once 2 of my daughters reached tertiary studies. so that policy will definitely be separated with my medical card policy because i dont wish to simply cancel my medical card unless i get a new card with better coverages.

so it depends on how you wanna plan around in this area.

Are they on medication now or fully recovered d?

Apply and try. Very subjective. Best scenario can get life, tpd, CI and medical card.

This post has been edited by Ewa Wa: Oct 6 2020, 06:33 PM

Hi,

Let say If I get Cancer or Kidney failure, does the insurance companies provide full coverage for follow up treatment?

For example, if you get Kidney Failure, you need to do dialysis 2-3 times every week. May I know which insurance companies that provide this coverage? I don't want to pay and claim.

Most medical card will provide these coverage.

Hi, wonder if there are any insurance agents from Prudential or GE who can give me a ballpark figure for a medical insurance? I'm a 24, F, non-smoker.

Some of the things that I'm looking for include, but not limited to: unlimited lifetime limit, high annual limit (700k-1mil), guaranteed renewal, CI coverage, waiver, kidney and cancer treatments.

This post has been edited by sukirani: Oct 8 2020, 04:41 PM

Those benefit you are mentioning falls under outpatient treatment which will be on a pay and file back a claim basis.

The premium varies depending on how long you want the policy to sustain as well. Can go as low as 120 monthly

Thanks for the quick reply! Probably up to 90?

250 monthly

hi sukirani, for a quite decent insurance benefits, within RM200-RM300/month range should be very good enough for start. whether the benefits suit your needs or not, this one will need a detailed discussion with the agent.

Dear all,

are there any insurance companies in Malaysia that are mutually owned?

MCIS would be closest... They were a co-operative once, not sure if new customers can buy their shares. You can check them out.

Hi fellow gurus, i'm currently looking at different ILP (Medical + life) insurance plans from different insurance companies (AIA, Alianz, GE). Would like your opinions on the below. With the budget of RM300 per months, i've received quotations for these plans, Overall Annual limit 1.5mil -> (Alianz Powerlink, AIA A-LifeLink 2, GE - SmartProtect Essential 3) Which insurance plan would you recommend? Which company would offer more/ cover more important things than the other? It seems the plans are fairly similar, not sure what else to look out for. Most people recommend GE, AIA seems to be higher cost on the COI, Alianz i'm not sure.

I'm a 26 y/o, non-smoker, male, analyst.

The main differences that i've noticed from the insurance plans are..
a.)Q: Death/ TPD coverage of 100k or 50k vs Term of coverage (70 yrs old or 90 yrs); 100k plans are covered till 70 y/o, 50k plan is covered till 90 y/o, which plan is better? Is it more expensive to extend the TOC at y/o later on?

PA/ TPD amount of 100k
47 yrs (Alianz Powerlink)
44 yrs (AIA A-LifeLink 2)

PA/ TPD amount of 50k
Toc - 63 years (GE - SmartProtect Essential 3)

i. AIA
+ covers Riot and Civil commotion
+ PA/ TPD - 100k
+ No Claim reward (R&B + Health wallet)
+ REA Assistance Programme (International medical assistance)
+ Car Assistance Programme (Although covered by car insurance as well)
- Term of coverage - 70 y/o
- Intraocular Lens - 7k per lifetime

ii. Allianz
+ PA/ TPD - 100k
+ Cancer Genomic Test - 15k
+ Intraocular Lens - As charged
+ No Claim reward (Room and Board + COI refund 10-20%)
+ Global Expert Medical Opinion
- Term of coverage - 73 y/o
- lack of oversea emergency support/ assistance/ evacuation
- Lack of Car assistance Programme

iii. GE
+ Term of coverage - 90 y/o
+ Outpatient Imaging MRI/ PET - RM5k per policy year
+ Supreme Assist
+ Car Assistance Programme (Although covered by car insurance as well)
+ Smart Multi Critical Care
- PA/ TPD - 50k
- Lacks of No Claim Reward
- Intraocular Lens - 8k per lifetime

Based on your experience, which plan covers more? Are there any important features from the plans that i've missed out? Each insurance agent i've met are selling their own insurance plan...