Question on changing nominees: currently my nominee is my sibling, but I want to change it. Do I have to get their signature? Because when I nominated them, they don't know about it. And now because our relationship has soured, I want to revoke their nomination. Question is as above, do they need to agree and sign on the change of nominee form?

Edit: More information from this PDF file: http://www.insuranceinfo.com.my/_system/me...nominations.pdf
And from here: https://www.rockwills.info/insurance-policy...on-in-malaysia/
So then, in the case of a sibling nominee, if in my will, I specify a different person (not my sibling, as nominated in my insurance policy) as the beneficiary of insurance payout, my sibling can only receive the money and will need to pass the money to the executor for him to distribute according to my will?

I see, I saw 2 different forms, not sure which is the latest/valid one:

https://www.greateasternlife.com/content/da...-of-nominee.pdf

https://www.greateasternlife.com/content/da...minees-form.pdf

I was quoted by GE and Pru agent with the following plan,

Pru
Life: RM 100,000
160 types CI: RM 100,000
Accidental death & disablement: RM 30,000
Accidental Medical Reimbursement: RM 3,000
Medical card:
1) Room: 200
2) Annual Limit: RM 1,380,000
3) Co-insurance: RM 300
4) Sustainability - 70 YO
Monthly premium: RM 250

GE
Life: RM 100,000 +1%p.a. + cash value
45 types CI: RM 100,000 (early payout)
Accidental death & disablement: RM 15,000
Medical Allowance: RM 100 per day
Medical card:
1) Room: 200
2) Annual Limit: RM 1,320,000
3) Sustainability - 80 YO
Monthly premium: RM 270

I am in dilemma don't know which to go for

By the way, I am 1992, M, non smoker, class 1

Good day friend,

You can get multiple quote to compare.

Even in ONE company got different type of life insurance benefits.

Some life product plan got capping limit for accident death.
Example you take 1M coverage. Accident death in public conveyance suppose to 300% of your sum assure
which is 1M x 300% =3M
BUT the life policy is actually CAPPING at Maximum 2.5M

To get quote you need to provide age(exact birth date)
Gender / smoker / non smoker / occupation and brief info.

#StayHome #StaySafe

All this while i was tinking to take under 1 comp until someone came up with diversity, reasons incase in future cant handle the committee u still will have partial insurance then losing all in 1 go

I am surveying which insurance company i should get my first coverage from. I currently have a stand-alone medical card from AIA since when young (annual limit is very low).

I got quoted and proposal from AIA and GE. GE is wayyyy cheaper than AIA and GE provide  higher protection with same premium.

But im curious hows the claim like with GE? Cus i heard some company very difficult to make claim? Advice pls? In dilemma.

Hi,
Need advice:

My existing policy as below
Prudential
Life: RM 100,000
43 types CI: RM 100,000
Accidental death & disablement: RM 100,000

Medical card:
1) Room: 200
2) Annual Limit: RM 1,380,000
Monthly premium: RM 250

Currently my agent propose me to top up RM100, the new coverage as below
Life :RM200,000
160 types CI :RM 100,000 (x4 times)
Medical remain same coverage
Is it advisable to topup?

Thank you.

Just wondering, consider the following hypothetical scenarios:

John signed up a standalone medical card (Assuming no investment component) at 25yo. 5 years later at 30, the cost of insurance charged to John is RM1,000.

On the other side, Bob signed up the same plan with a good health without any pre-existing illness at the same point at 30yo. Will bob be charged the same cost of insurance as John?

I am not sure if our insurance is ok or not.

Insurance: Prudential BSN Takaful Health Enrich Premier

Age taken: 38y (H&W), 10y (Dotter). Healthy and no illness at that time.

Now: 44y & 16y
Coverage per person: -

Age: Until 80y (If I am not mistaken)

Lifetime limit: RM4,080,000

Annual limit: RM200,000

Preferred Hospitals: Suite Room

Other Hospitals: Deluxe/Single room. Need to pay RM300 as a deposit before warded. Will get back the money from PBSN.

Warded Allowance per day: RM200

Treatments/Clinic: 90 days after warded. Pay first and claims later to PBSN

Death/Disability/Critical Illness: Will get only about RM10K. This insurance covered more on the medical only.

However, if husdand or wife is contacted with the 36 critical illness automatically both premiums will be waived by PBSN for life and no need to pay premium for dotter until she is 21 or 25 years old (Can’t remember).

If dotter is contacted with the 36 critical illness, automatically dotter premium will be waived for life by PBSN. Not sure if premiums for H&W will be waived too. Need to check later.

Thank you for your feedback. Yes, the medical insurance each covered for self, wife and my dotter.

The purpose of my posting is whether our current medical insurance is sufficient. We bought it in 2014 and that was one of the best at that time. Now i am 44 and to change to a new and better one will be expensive. Beside that o have already have illness although not that serious.

As a back-up, my wife is Pegawai Kerajaan and I have GL for government hospital (From my wife). Plus my sister (adik) is a specialist in UITM Hospital, Selayang (not hospital selayang). Plus without the GL from my wife, i am still covered for life for free from the government because I already donated blood more than 50 times to National Blood Center.

In term of life saving, as a seaman before and also working overseas,  currently I have cash: RM3,223,000 in my KWSP and ASNB. All my properties, land and cars were fully paid (No loans) and no credit card debt or personal loans.

I am still working.

My question is that, do i need to upgrade/change my medical insurance and also to get a life insurance from my condition above.

Anyone know if this is even possible? Let say currently i am on AIA. The coverage is RM1.1mil and room&board is rm150(which I think this is a lil bit bothers me everytime i need to hospitalized, have to wait for room, else they will assign me to shared room.

And face amount is 40k

Paying rm380+ month

Is that possible if i get a better policy with AIA, without having to do a full body check up again?

Hello, I’m new to the forum and need advice with the insurances I currently have. I would like to apologize in advance if my questions are very dumb. 🙏🏼

I have AIA Lifelink 2 and it comes with a medical card, these are the details:

A-LIFELINK 2
Coverage Amount: RM 100,000.00
Effective date: 17-DEC-2018
Expiry date: 17-DEC-2094
Premium: RM 200.00
Premium cease date: 17-DEC-2094

And then I bought another life insurance, the PB WealthElite:

PB WEALTHELITE 20PAY@70
Coverage Amount: RM 500,000.00
Effective date:24-JUN-2019
Expiry date: 24-JUN-2064
Premium:RM 266.25
Premium cease date: 24-JUN-2039

I’m a freelance translator and the company I worked with has terminated all translation work yesterday. I’m still in shock right now because that was my sole income. Right now, I would to have some money in my bank account in case of emergencies, so I’m thinking of cancelling the PB WealthElite. I’m not sure when this pandemic will be over and when I will have a proper job, so I would like to know if it is alright to cancel it or not, since I already have AIA Lifelink? I think both insurances have similar coverage (correct me if I’m wrong 🙏🏼), just that the coverage amount for PB WealthElite is higher. I need advice hahahah thank you! 😭