I am looking to change my wife and dotter medical insurance. Their are still healty. Me cannot already. WHat is deductible?

and my concern is whether this will be a good medical card compare to others and any hidden disadvantages that I should know about. Thanks

Hi,

I'm 32yo. Airline pilot.

Looking for a good insurance plan. Leaning towards AIA. Medical card and maybe life insurance.

I used to have one with AIA 9 years ago. The sale pitch by the agent was it was a 'Loss of licence' policy. But actually there's no such thing. It says on my policy booklet, the plan is : AIA Assurance Account. If i'm not mistaken it is under 'occupational' policy or something like that I really don't remember. It was also an ILP. I cancelled it years ago. An agent tried to sell me the same policy, but i'm a bit wiser now, so i asked to show where it says 'loss of licence', well it doesn't. I don't think it is right to sell something when it is not what you say it is, even when it is similar.

My company does cover me for permanent loss of licence, hospitalization and also death. But the amounts are not that high. So thinking of additional insurance.

Okay so now for me personally I don't mix insurance with investment. Can anyone suggest any policy that i can read up on? Medical card and life insurance. Preferably AIA.

And also is it true when people say you should get either a life insurance OR an MLTA but not both?

Thank you in advance.

Thank you for your reply. The bolded part, it's quite difficult to say because if we lose our licence for example bcoz of a critical illness like diabetes, we won't be able to fly but we can still work elsewhere. but since we fall back to our spm bcoz we lost our licence,its gonna be hard to find a job. So an agent explained to me, in that case the insurance company will not pay up because we can still work elsewhere.
Hi. You've never heard of loss of licence because it is only offered by airlines. So as far as i know, no insurance company offers it. But some agents try to sell their product using this term which i think is wrong. I was young and ignorant when i got the policy 9 years ago. A few associations outside Malaysia do offer loss of licence. This is why I'm only looking for a medical card and life insurance.

There was a friend who told me that his life insurance coverage is RM1 mil+ and he's only paying like RM2000+ a year for it. I forgot to ask him from which company and i honestly don't know anything else about it other than those figures. Is it plausible to have that kind of coverage at that price?

https://www.aia.com.my/content/dam/my/en/do...rochure_1st.pdf

Is this insurance ok?
one of the Q&A in the AIA website:-

06: WILL MY COST OF INSURANCE INCREASE
AS I GET OLDER?

As the Cost of Insurance for A-Plus Health is
deducted depending on your attained age, it will
increase as your age increases.
Is this mean that every year the premium will be increased as per the table below...

So their request for Medical Attendance Report (MAR) letter finally arrived..

AFTER I've already submitted the MAR (find out by calling their claim dept.) and the claim has already been disbursed back to me in March.

I don't understand why insurance co. sent out letter by normal mail.

Yeah the agent did explain to me & to my surprised the new policy sustain age is 80 years old compared to my older AIA policy which was only up to 70 years old. Although I admit the AIA do have higher medical card limit which is 1.5m compared to GE but 990k is still pretty high. There are some benefits to AIA such as that RM300 medical checkup yearly provided you didnt make any claims from your medical card...

Hi every sifu,

Want to ask how to surrender / terminate insurance during this MCO time, almost all the branches are closed during MCO. Having financial problem need terminate it. FYI, it is Prudential investment link policy.

I guess it is require to give back the physical policy back. And also fill some surrender form (with witness signature, how to get this if branch no open??)

I also enroll auto debit to my credit card on this policy. Worry processing till will get dragged till next month payment. Then one more month contribution $$ gone. Thinking to freeze my card to avoid auto debit, but if later due date reached, will Prudential auto deduct it from my account available investment unit left?

Any sifu can give advice?
Thank you thank you.

Many thanks for all sifu advice.
I want do it myself as my agent mostly will give alot "offer" to keep it run. But outbreak brad time, I memang can't continue.

I called customer care and they said can submit surrender form by email and copy of IC is enough.
For the witness sign, I asked them and they ok for leave it blank @_@. Maybe special case for MCO time all branch close?

hi sifus,

nowadays almost all insurers sell life insurance via website. question is, the perception is that if no agent to serve, the process is complicated.

so is it actually complicated for next of kin to claim the insured value upon passing of insurance bearer?

thanks!

thanks for all your comments guys. to be honest it seems much more worth it and hassle free to just get life insurance policy from the website. medical insurance however it seems better to go via agent. that's my observation so far.

the problem with getting life insurance via agent is that their products are always investment linked which doesn't seem to be very attractive.

Hi, i never take any insurance before.

Been quote this from AIA(life link). Is it ok?

Pampasan kematian - 500k
Pampsan TPD - 500k
Pampasan penyakit kritikal accelerated 250k
Age limit 70
Cash value at 70 : 16k
Waiver and save : inclusive

Monthly : 300

Hey guys,

I got laid off a while back and my extended medical coverage benefit will soon expires. Looking at the options available online, it seems like most medical card only covers hospital visits?

Are there takaful/insurance plan that covers GP/private clinic visit? Not really concerned about hospital visit tbh since worse case scenario still got govt hospital, but visiting govt clinic for the occasional flu/ailments is too much of a hassle.

tldr: need coverage for GP/clinic visits

Hi Tyenfei,, thank for your explanation,  I understood the importance of keeping existing medical policy, but I have doubt on no need to pay the premium , if dont pay the premium, really the policy will still active as what my agent said, only deduct cost of insurance?

Hi guys, wanna seek your advice.

GE advised me to increase my premium. What if i dont want to?
The FAQ only mentioned they highly recommend me to but did not mention if i dont want. And my agent barely do anything..

Its weird that i am the only one to increase but my family didnt. We bought the same plan but different coverage.

hi all, i'm considering to get an insurance for our soon to be out baby.

1. What to take note in this kind of insurance?
2. How much would be a decent amount for the baby's coverage?

And am currently looking at GE Smart Baby Shield, PRU My Child Plus.

Would like to know if any experience parents can share me some tips? Thanks a lot!

GE will be quite the latest meaning?

My foot is pain, clinic Dr advise to have blood test body check. I have a plan(not sure whether it is possible) which is use my medical card to masuk hospital stay 1/2 days and ask to full body check up.

Is it possible? Is the blood test, body checking can claim? Bought the medical card for few years but never use before...

It will be dangerous if the report is good, then I have to pay for the blood test fee right?

How if I enter ward first, the test etc will cover by medi card?

Hi everyone,

This is my first time postion on this session of the forum.
I am 29 year old, married with a kid.

i am saving around 4k/monthly after deducting all my monthly expenses including current Life Insurance, PA, and Medical+Life.

Below are the premium I'm paying and coverage I'm getting.

AIA -Anniversary P.A --> Yearly Premium : RM 1060 -> Coverage : RM 1mil Death/Dismemberment

AIA -Medical+Life --> Monthly Premium : RM 330 --> Annual Limit RM 1mil, No Lifetime Limit, Death Benefit Rm100k+Fund value & Bonus

Allianz PremierLink --> Monthly Premium : RM 1.5k -->Sum Assured RM 2.1mil

Recently my AIA agent came to me with A-life Wealth Care plan to increase my savings and at the same time provide protection for my family upon my death.
She said with a monthly premium of RM 700, the sum assured will be around RM 1mil.

I wanted to know is there any other insurance company with similar plan for me to compare before I make a decision.

Hi,

Anyone, to help with MLTA?

Thanks

Hi, Jiansheng Teh

I'd like to apply MLTA insurance to cover my house loan. I looking for some advice.

1. is the term MLTA useful?
2. long term MLTA suggested? (equal to House loan term)
3. what are the key areas I should focus in MLTA?
4. Are the returns are guaranteed at least 90% of proposed?

Thanks for the assistance

awesome info! thanks for that.

Term MLTA I referred to fixed payment years and coverage is higher than paid years.

Pay for 10/20 yrs and coverage is for 30/40 yers.

Anyway, All I can see is Insurance is to protect the family and little benefit at maturity if we choose a high premium. 

Thanks,

Thank you Denion. The one suggested by HLA was a very min premium which just covers the loan only. I thought of getting some returns by increasing the premium.

The reason I posted here is to get an idea on which Insurance company is trustworthy. And easy to do the paperwork in case of demise. As well as Long or Short term Pay.

Any suggestions are welcome!

happy holiday people, #StaySafe.

applies to both yearly renewable and level term also?

Hi David,
Like you stated above, i am thinking of saving plan comes with life insurance to build inheritance for my family. Even if i were to diagnosed with critical illness and had to quit my job for some months/years, i should be able to continue with current lifestyle and provide food for my family at least till i get back on my feet or my death
Hi Ck,

I want to accumulate wealth more and at the same time increase protection for my family in case I’m gone
Hi Cyclopes,
I am want it to be an addition and surely not for replacment.

Hi there,

I am looking for Medical insurance for my dad.

Was quoted approx. RM8.3k with Life/TPD from Great Eastern. 990k annual limit with no lifetime limit. We didnt get to execute that because of MCO and his birthday just passed on May 2. Upon renewing the quote after his birthday(my dad is 65 this year) it has now risen to approx. RM13k annually which is a huge jump.

Life insurance/TPD is optional for me, medical is the priority. GE agent has quote me again approx. RM6k annually for medical only with the same 990k annual limit, no lifetime limit.

However seems that GE has the most negative claim experience so I am looking for options. Please PM!

Thanks

Is there a medical insurance that cover visits to general practitioner? Panel/nonpanel etc..

Hi all, I am planning to get a life insurance with savings plan to maximise my tax relief. My friend recommended Great Eastern Flexi Plus. Do you guyz think it’s a good plan? Is there a better alternative? Thank you