Its better to have your own medical card, because if you resign or terminated from the company, then you may not entitle to have coverage in another company. and company provides insurance may low coverage. and medical cost goes up by the time and your age goes up.

Halo friend,

From $$$ point of view. Yes Mr B save his premium for 20 years.
From life planner point of view, Mr B taking risk for 20 years.

According to this theory Mr B can save his premium provided he didn't strike by any serious accident & illness. Also nothing wrong with his health checkup report by the time he signup medical plan 20 years later.

Anyhow you got to compare by actual facts.
My own medical plan RM2xx monthly signup since 2016.
Today, I key in the same benefits and coverage.. I got to pay RM5xx/month if I start a new plan right now.
I was Age3x 2016. now Age4x 2020.

If you are comparing with standalone. The price table quite transparent. Many insurance company website can get.
Is either company accept you, or loading, or loading with condition or reject. No waiver rider can be add.

  May be try different scenario as conclusion.
A none smoker tell his smoker friend :"Hey kawan, you can save cigarette money and buy a VIOS now if you stop smoking 20 years ago"
The smoker friend reply :" You are right kawan, where is your extra VIOS now?"

SO ... no right or wrong. Is about you understand the consequence of your own choice. 

I believe anyone that is "good" is someone who would help you and be on your team.
And to get there, maybe it's best if we both know where you stand financially, your cashflow, your affordability, and your objectives.
Only then could we begin to understand what you need to make it happen.

So we worked out what you need, and you want to buy a product that we both know you need. How do you know you can confidently buy from this agent?
Maybe arrange for the sales appointment at their agency office.
This gives you the opportunity to get acquainted with their agency staff, and you can take a look at how things are run there.
If it's messy, maybe look for someone else?
If you like what you see, hey, come often! We also got down periods wan, sometimes you come visit us, we also very happy to see you.

So in short, how to spot a good agent? Go see their office and then maybe if you like what you see, and the approach checks all your boxes, open up to them about your finances, and visit them regularly. It's always a work in progress.

Just my 2 cents.

Unless that also checks one of your boxes lah...
Otherwise, why linger around?

If lidat also you stay and still buy, you better find out what coffee the bugger serve you.
Must be some damn good coffee.

If the person is selling you what you don't need, not aligned with your objectives, then why buy leh?

What else ah, I also not very sure.
But I'd love to discuss the topic with you to better improve on my training to my agents.
Would you be so kind to help me?

as a reasonable consumer, if someone throws a paper at you that read as such. Read the fine print, look for guarantees, who is the company providing this.

No such info ? time to run off and have a coffee at Starbucks and chill.

What else ?

Let's see

1# This insurance hor, RM1,000,000 payout upon death, RM1 monthly only*

2# This insurance hor, pay 2 years only, then no need pay for life

3# This insurance hor, give 20% return per annum and pay 5 years only

Actually can't think of anything more ridiculous to say lol, maybe if you come across bizarre news, let me know

As I've already replied in that topic itself, it is important to understand whether 30% is based on account value or based on the sum assured.

In this case, it's clearly showing 30% of the sum assured 200,000. As the guaranteed yearly payout is RM60,000 consistently.

IRR on the low assuming RM1,332,768 = 0.638%

IRR on the high assuming RM3,032,586 = 5.750%

IRR on the mid assuming RM2,182,677 = 3.680%

if you're buying the plan for the purpose of capital / wealth preservation, yes it seems okay but won't do well against inflation.

if you're looking for higher returns and not lock in for the next 20 years, this is not the plan for you.

if you hold it less than 20 years, you will definitely lose money.

Hence my advise is, seek a good agent to do all the necessary reviews before they proceed to take any action or risk losing money / opportunities.

Not every human has next 20 years ahead of them.

This should be covered under Total & Permanent Disability, which is written together with life coverage. There are few definitions for TPD, would need to pass the test to qualify.

Thanks for the question! Since much of my work is based online, mobility is not the most crucial (though I'd very much like to keep BOTH my feet)! With so much of our work being done on computers these days, I suppose some form of coverage for hands could be vital. This is something I'm willing to look into. I'm wondering if coverage for TPD is offered separately, or whether it must be added on as a rider? 

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

Hi

Just found the forum. Can anyone help me with below query:

1. I find that Allianz explicitly states it covers the below for the cancer treatment

targeted therapy,
hormonal therapy
& immunotherapy

Any other insurance company covers the above treatment?

Guys, im in my late 30s. Can suggest me the best insurance + saving plan?

Hi sifus. I'm new to this thread and I'm just wondering if anyone can give me an opinion about Great Eastern's Great Flexi Wealth. I understand that there's a guaranteed cash bonus of 17% per annum for the first 10 years and 33% per annum for second 10 years, but how secured is the monthly capital I put in for the first 10 years?

Looking for car insurance. Any agent want to do?
I want to rent out my car, hopefully it can cover if 3rd party accident or lost

Any recommendation?

Hi All, i have received notification from GE regarding Revision of Premium which is the 2nd time, reasons as in view of the increasing medical cost and utilisation of medical services. Have you face the same situation as mine?

1st is Nov 2016. 1st is around 13%, and  this time is  around 29% increase

36, btw, what insurance company you using?

I come across this I-secure takaful by ETIQA.. since there is no PDS provided by ETIQA I did some research and found out this odd term in Ringgit Plus website..

...............

Does that mean if the TPD occur after 45 I will not eligible for compensation?

24, M, non-smoker.

Company covers unlimited outpatient and 50k hospitalization and surgery.

No existing insurance plan.

Is it necessary to get a med card?