Can claim due to stress staying at home?

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?

Hi everyone,
I am currently using pruhealth plan and my annual limit is 100k but life time limit is 1 million.
I wanted to upgrade to a plan with no annual limit and focuses purely or mostly on just the medical card and prefer to have as little investment as possible.

My agent recommended me to get pru value med, would this fit my needs?

Thanks!

Hello,

Please find details as follows:

Myself: DOB 8th July 1986; Occupation: Sr. Business Development Manager

Wife: DOB 5th March 1991; Occupation: Market Dev. Executive

I'm from India & working in Malaysia since 2018

Hello all !

I'm surveying an insurance right now and not sure which is good but currently looking at Great Eastern takaful product called i-Great Aman.

1. I would like to know if its the right Company to start my insurance journey with due this is my first insurance ? Any tips ?

2. Do I always need to depend on my agent ?

3. Will there be any issues that I will face for claiming or hospitalisation when needed ?

4.Here is what were offered to me as below:

Monthly contribution: RM 200
Yearly contribution: RM 2400
Perlindungan Total Permanent Disability/Death : RM 60,000
Manfaat Khairat Kematian : RM 2,000
Manfaat Tambahan Pampasan penyakit kritikal : RM 25,000
Manfaat Kematian Kemalangan : RM 10,000
Manfaat Cacat Kekal Kemalangan : RM 10,000
Manfaat Emergency Accident Outpatient Treatment : RM 3,000

Medical Card Benefit
=============================
✔Room & board RM150
Coverage up to 180 days
✔Annual limit RM 900,000
✔Lifetime limit = Unlimited
✔Full coverage Takaful (100% Great Eastern Takaful cover)
✔Hospitalisation Benefit. Daily Cash Allowance RM100, tambahan RM50 jika mendapat rawatan di hospital kerajaan.
✔Manfaat waiver. -Sekiranya peserta didiagnos salah satu dari 45 penyakit kritikal atau cacat kekal, caruman takaful peserta akan dipercumakan sehingga berumur 70 tahun.

Saving fund
=============================
10YRS - RM 9,588
15YRS - RM 16,811
20YRS - RM 22,819
30YRS - RM 25,260

Free Car Assistance program: 1 No. Plate Kereta

So we also need to depend on our agent a bit for the claims and process. I heard there is some cases that when the agent is no more with the Company, that time the person under the agent will face some difficulties right ?

Thank you for your kind advice.

Thank you for your advice on GE. So, I need to explore other Insurance as well.

Can you explain more details about not depending on agents ? I really need to more.

I'm helping few of my families to pay. They don't have MY-AIA portal account.

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

Thanks for sharing.
I asked my family to get full policy number from agent, apparently there are some numbers hidden behind the policy number shown in previous bill... 

Hey Guys,

Sorry to barge into the discussion. But out of curiosity, is there any option to insure baby in the womb as well?

And, if there any insurance plan that covers baby in the womb + mother?

Please share recommendations.

can you recommend some plans, please?

Hie... Looking for suggestions for life insurance.
Planning to take 2M coverage for life and 500k for critical illness. Is it advisable to take under 1 company or multiple company ex 500k per comp to diversify. Kindly advise

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

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?

Want to know, if buy life insurance 500k show online RM70/month at younger age.

If until age 40 or 50 something. The monthly fee is still the same or will increase every few year?

So in short of I'm reading your comments correctly, on the presumption that Bob has a healthy body when he signed up the same policy plan at 30yo, he will get charged the same Cost of Insurance as per John who is 30yo too (Who signed up 5 years ago).

So the conclusion here is that so long that you always have a healthy body (Assumption), you will never be charged a higher premium (for same age) for purchasing a medical insurance on a later date as compared to someone who purchased the same much earlier.

Of course, the catch in medical card is that if you sign up later, you run the risk of 1. rejection of getting insured, 2. not covering a pre-existing illness.

With that being case, doesn't it mean that the usual street saying that goes "Buy insurance younger because it cheaper" is invalid?

Insurance is cheaper when you are young. - Correct.
But it never said, you buy at young age, and premium will stay cheaper or the same when you are old. - Insurance never tells you this statement neither.

In fact, insurance company already list out table big and clear regarding the premium needs to be paid at each age group and never tell you premium will stay forever the same, especially for medical. 

Why someone can interpret as "buy insurance early or young so that it can stay cheaper or at the same" is beyond my understanding.

If I have Accidents Insurance.

If I suddenly fall down, get injured or twist my foot. Can I make a claim? Can I go to the normal clinic or must go hospital only can claim the insurance?

Let say I go to normal clinic, fee is RM100.
Insurance claims back RM100?

Company insurance comparing with medical card insurance and critical illness.

Say company gave you insurance benefits like hospitalisation according to your position and grades and also free panel clinics. Will it be necessary to have own medical insurance assume working till retirement 55 years old.

Tq

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.

Anyone have experience to claim Personal Accidents?

The medical report is? Just ask the clinic doctor to provide? Easy to get?

In 2014, there were not much attractive offer from the insurance companies. Now so many and affordable.

Pls excuse me if I’m ignorant
Example: firstly, I’m covered by my company both life and medical. By the time I’m 55, there will b an amount that I’ve saved up for insurance. I then use this amount to purchase insurance at the age of 55 (let’s say)

Secondly, if I were to buy insurance at 30years old or 55 years old, the premium would roughly be the same? If not how much difference is the premium? The money saved for 30 to55 years old, could b use to purchase insurance at 55 years old

cannot already have illness

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.

May I know is there any medical insurance where the insurance charges (not just premium) are fixed for the rest of your life?

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! 😭

Hi all.

Can I know whether the COI is same or not between standalone and ILP in same company? I heard that COI of standalone is higher than ILP.

Let say for example for 30 years old male non smoker for 500k term life compared to 500k life ILP plain plan with no other riders. The premium for sure will be different but I eager to know their COI is same or not each year.

And whether it also same if compared between online products and tru agents.

Thanks!

anyone with Great Eastern here, I have a 10 year old medical plan which i would like to cancel. My agent is no longer in the industry so am wondering who i can deal with for this

me too. My agent was my uncle last time. He passed away.

RM250 monthly
Benefits Payout
1 Life/TPD-100K
2 Critical Illness-150K
3 Early Critical Illness-100K
4 Diabetes Recovery-20K
5 Cancer Recovery-35K
Hospitalization & Surgical (Med Card
6 Room-150 daily
7 Annual Limit-850K
8 Lifetime Limit-Unlimited
Others Benefits
9 Waiver-Yes (in the event diagnose with CI, premium will be waive but still continue to enjoy the benefits)
10 Savings/Cash Value-Yes

Hi , above plan for single male - 30 years old should be ok right

Hi all,

I'm currently 28. Class 1 job. Non-smoker.

I only have MP Generali health insurance from my employer.
I searched around and sieved through what I found interesting and ended up with these two.

1. AIA A-Plus Health
2. Allianz Medisafe

I wonder can I get a good enough ILP for below RM180?
So far from my understanding, standalone packages tend to be more expensive along the years that is why I'm leaning towards ILP.
I have not engaged with an agent yet. Thought of getting some opinion in Lyn first.

AIA Medical Insurance A-Plus Health (Deductible)

Eligibility
Malaysian and Permanent Resident of Malaysia

# of Panel Hospitals
82

Maximum age of entry
70

Maximum age of renewal
99

Guaranteed Renewal - Yes

Co-Insurance - No

Deductibles Apply - Yes

Can anyone advise the pro and cons if taking this AIA insurance. Thanks