Hi all,

I'm looking to buy health insurance and can't choose between AIA, GE, and Prudential? From your experiences do any of these companies take longer to process claims or are harder to claim from?

I've been comparing the GE vs Allianz medical card..

What I heard was these 2 are currently offering the best medical card package as compared to other competitor.

Between GE and Allianz, which is better? Are they medical card package more or less the same?

1) How about people with bipolar disorder or obsessive–compulsive disorder? Can they buy life insurance, CI and medical card?
Subject to underwriting, are they on medication now? Or already recovered?

2) If they really need insurance, any advise for them in order to get an insurance?

It is really a bad experience with Manulife.

First, I applied medical insurance for my sister who is OKU. They claimed that OKU is OK as long as is good health. The process was going through and then did blood test etc and found to be anemia and hypertension. They rejected the medical insurance with reason to come back and reapply again after 1 year.

Then I wanna go for life insurance with them and they do not wish to offer as they claimed that my sister is Intellectual Disability in which her IQ is same like child about 15-16 yo.

So kia su company, better don't do insurance business la.

it seems allianz is good

I have MANULINK PRIME @80 which I pay 240 a month. Thinking to surrender this and buy the stand alone one.

I have prudential and prudentialBSN bought 10 years ago and recently bought Manulife Elite medical one ....

it has been 3 months and I should not cancel the existing both plans now but to wait another 9 months?

If I change my premium payment frequency from annually to monthly, is there any significant impact or is there even affecting my policy?

From what I had been told for, the premium will be slightly more expensive.

Hi Adele, yes I understood the concept from what you had explained earlier

However, since Prudential had sent the letter informing the premium is gonna get revised in 2021 to RM5600 I wonder I can continue paying RM5000 and whether Prudential will charge the balance from the fund
Your case I supposed the Insurance company did not write you a letter saying the premium is revised

In my case, Prudential had sent the letter informing the premium is gonna get revised in 2021 to RM5600 I wonder I can continue paying the old amount and whether Prudential will charge the balance from the fund

As I am paying online, the epay system will die die state the premium amount decided and I can only pay that amount

Hi, would like to ask the shifus' advice for my insurance plan.

Am thinking of switching my current investment-linked medical plan from Prudential to AIA since my current workplace is using AIA as the company insurance and I feel that AIA has higher coverage, easier claims process, plus it's linked to AIA Vitality, which I also use. Also, I feel that the reputation for AIA is slightly better than Prudential as I've been to the hospital using my AIA company card for physiotherapy, and I often overhear the admins bitching about Prudential's claims process.

Currently, have the most basic PruValue Med plan for RM150 per month (soon to be RM170 next month due to the price hike):

PruLink One Death/Disability: RM30k
Crisis Shield: RM30k
Enhanced Prupayor Basic: RM1.8k
R&B: RM200
PruValue Med Points: RM1mil
Deductible: RM300
Coverage: until age 70 (current age: 34, F, non-smoker)

Had this plan for three years already and the fund value is minimal, so I don't really care about the returns at all, just the death/disability payout, if anything happens to me (no dependents, but the money would help pay for funeral expenses, loans, etc). Since I utilize the company card, the Pru med card is just for back-up.

An AIA agent has drafted a quotation for me for both investment-linked and standalone:

Quote 1: (investment linked)

A-Plus Health

Death/Disability: RM50k
39 Critical Illness: RM50k
PA: RM100k
Annual limit: RM1.5mil
Life time limit: unlimited
Deductible: RM300
R&B: RM200 (Gold Vitality members can get this increased to RM300)
Yearly health wallet: RM1.5k, provided there are no claims for that year
Prevention benefit (health screenings/vaccines/etc): RM300/yearly
Coverage: until age 80
Premium: RM290

Quote 2:

A-PHS Standalone

Annual limit: RM1.375mil
Lifetime limit: unlimited
R&B: RM200
Yearly Health Wallet Amount: RM1,250
Prevention benefit: RM300 every two years
Outpatient physiotherapy: RM6K per year
Coverage: until age 80
Premium: RM152

Judging by the premiums, there's a difference of RM138 and I am not sure it's worth it to get an investment linked product, when I'll just be using the card as a backup card. I can always invest the extra difference in ASB/UT as well. Am quite undecided whether to go for the investment linked card or the standalone card...keep hearing that it's better to separate insurance from investment.

Also, another good thing about AIA is that it offers goodies in terms of the Vitality app, plus the prevention benefit (Prudential doesn't offer this). However, is the higher premium worth it for me to switch from Prudential to AIA? Am relatively healthy, no surgeries or claims for the past three years on my personal card. Immediate family health history is clean as a whistle as well.

Appreciate your advice. 

To all master here, would like to know is that true that standalone medical card not guarantee renewal?

Is there any way to buy medical card without attached to a ILP plan?

Thank you.

Hi Ewa, you are right. I totally forgot that pre-existing conditions may not be covered under my new plan. I've just spoken to the AIA agent and they also said this is one thing to watch out for. Thanks for your honest feedback.
Hi tyengei, thanks for your advice. I was too busy looking at the new policy that I disregarded the waiting period and pre-existing conditions. Will stick with my current medical card. Thanks!
Yes, you are right. Will definitely stick with my current ILP plan.
Hi Adele,

Thanks a lot for your helpful advice.

I think I was too busy looking at the benefits and the unlimited coverage from AIA (especially regarding their Vitality wallet) that I forgot about the cost that I've paid over the past three years. You're right, it will be a waste of money if I just cease my policy like that...will speak to my agent for a future upgrade then.

Thanks again!

Edit: someone reported my post...wonder why? 

GE medical card insurance till what age is not Auto renewable ?

65 ?

I have few policies with GE, plan to surrender one but no hurry. If I stop paying premium, would it affect my cash bonus or policy lapse?

What AIA is doing is merely a marketing gimmick. Inside your policy it will state hospitalisation benefits. For example if you go to government you get for example rm60/day allowance. Or if you go to private hosp you get rm200 allowance. Now they just turn it around and say you get covid coverage. It’s a pay and claim basis coverage and SUBJECT to “reasonable and customary charges”. So if your bill is rm40k for instance but what is considered reasonable and subject to customary charges is only rm2k for example. So the other rm38k come out from own pocket la.

Always know what your financial rights are. Have an awareness of the timebombs in your policy.

Yes, I am.
What I am saying is your agent would be the best person to advice you what course of action to take. Some comments I read are not necessarily  true representation and this is where you make your money work for you too... get your agent to do the talking.