Hi insurance Sifus,
Recently, i received an email i need top up my premium due to inflation. My insurance under Allianz. Powerlink. I pay montly Rm150.The suggested amount increase by Rm115. 33. Been paying since 2015 Currently 29.
Here my questions.

1) Should i coutinue  pay 150 or fellow d suggested
     amt. My worry is later my cost of insurance will
    getting higher as age is increasing.
    
 
2)Should i surrender d policy?Look for more better ILP within my budget arround

3)or any good advice. Thx n appreciate.

Dear all,

Wanna ask is “Alternative Cancer Treatment” important? I realise it appears in the recent ILP medical card

Hi, I want to ask is there any plan from other insurance provider similar to  great life gift from Great Eastern?

can somebody confirm whether it is true that my agent claim the premium increase is across the board meaning all insurance company affected?

hi all,
am looking for medical insurance, currently eyeing on AIA A-Plus health medical card, any existing user mind to review?
or any better than this?

Hi, I'm curious on how the premium price is determined. There seems to be no standard reference. Does it mean agent can put a higher price to earn more commission?

Life: 100k
Critical illness: 100k
Accident: 100k
Accident medical: 2k
Medical - room 200, limit 1.38mil p.a, lifetime unlimited
Age 35 => how much would the premium costs roughly?

hi, insurance SIFUs....
as per the post on
"Hi, I'm curious on how the premium price is determined. There seems to be no standard reference. Does it mean agent can put a higher price to earn more commission?"

can it be ascertained/confirmed that...will the quoted premium be the SAME if everything is the SAME just different agent?

same coverage, same insurance company, same benefits, same age, ALL same same except different agent?

Pls review my thoughts

As of now, i am currently covered sufficiently by my company for medical and life

If i were to retire in the same company at say 60, and then get medical and life, would it b feasible?

What is the premium difference if i bought since 30 and the price of the premium at 60 compared to when i buy at 60?

Hi Ck

I am worried to bout my health at 60
But i guess am taking the risk
I hav a question tho to confirm
If i were to buy since i was 30 and the premium i pay at 60
VS
If i were to buy at 60 and pay premium at 60

Will there be a big difference in premium at 60?

Hi ckdenion. It from takaful malaysia. I can generate the price online on their website for my 6 years old son for example and it about RM58. Room and board RM200, 100k annual with no lifetime limit. I even can put deductible if I want to.

What do you think?

Hi,

My sister (26) is planning to get a medical card and critical illness policy. She is contemplating whether to go for a standalone medical card first which is cheaper or ILP which bundles up life + medical card + critical illness. For now she does not have any dependence, so is thinking that is it really worth it getting an ILP life insurance..

I came across GE smart medic million campaign at GE official website. Does GE promises the extra 2m annual limit is free for whole life if we sign up before 31 december?

Hi all ,

I having a allianz medical card with monthly premium of 220
Would like to fully utilize the 3k medical tax relief
So now im short of 360 to meet my 3k

I remember we may opt to a one time top up premium which will be 95% allocated to the investment portion

Would this consider into the medical portion when i receive the yearly statement for tax relief?

Any idea how i can do for the top up premium?

hi guys noob question here, i got medical insurance on my friend on 2016 at 3k per year / 250 per month. i know he is getting commission first few years, as time pass the commission get lower. recently he find me again and proposed better benefit and remain 3k per year but i see his commission column have renew again to higher percentage. was wonder if he keep proposed and renew my policy to better plan meaning my allocated premium is getting lesser right? is like pay him more than i pay insurance company. should i reject the proposal even the upgrade benefit sound good.

ps: i hardly sick and claim insurance one. purpose of buying one is of course own responsibility for my family and reduce tax.

please advice

Hi Sifu here,.

Wanna ask any Allianz agent here,  currently holding Allianz Powerlink with CI and medical rider since 2013.
This month, my agent talked to me if I want to upgrade my current medical plan to a better benefit one. He gave me a quotation, by phone, the suggested premium will be increased from RM150 to RM230 monthly. My age is 44. After increase of premium, the policy can sustain until the age of 58.

My current benefit:
Death and TPD : RM60000
Critical illness : RM30000
Medical : R&B RM150, annual limit and lifetime limit : RM1 million, can upgrade to RM850K annual, unlimited for lifetime.

I asked him was it possible to pay RM200 monthly? He said cannot, RM220 was the minimum premium I need to pay in order to sustain until my age at 58. I said I can reduce the benefit of death, and mainly focus on medical protection. He said I still need to pay at least RM220 even reduce my death benefit?

So any Allianz agent here willing to use your Allianz quotation system to help me calculate the minimum premium I can pay? Is it die die must pay suggested premium, cannot be lower than it ? I know if the increased premium is too low, it cannot sustain longer. But I just want to upgrade first, for better benefit. I don't mind top up more when I get older.

I see, I thought every agent has access to my policy, they can perform policy sustainability and quotation using Allianz system for me if I give them the figure.
My agent sounds unhappy and hanged up my phone when I turned down her proposal. That's why I asked other agent's help. Indeed she can explained to me if I still doubt.

P.S. The branch can do the quotation, even the counter staff? What if I call Allianz general line? Will it help?

hi guys, sorry for misunderstanding. my current is medical insurance, not use is ILP or what. my friend ask me to change (not sure is upgrade or adjust) to GE million you guys discussed above. my concern is lets say 3k per year, if he renew, then my allocated sum are collected lesser by the GE more are flowing in to is income and other charges.

Current policy (3k//year)
2017 allocated 43%
2018 allocated 43%
2019 allocated 76%
2020 allocated 76%
2021 allocated 85%
2022 allocated 85%
2023 allocated 100%

His new proposal
2021 allocated 60%
2022 allocated 60%
2023 allocated 60%
2024 allocated 80%
2025 allocated 80%
2026 allocated 80%
2027 allocated 95%
2028 allocated 95%
2029 allocated 100%

logically if salesman get more commission, meaning the actual price the buyer pay will exchange for lower value stuff?
his higher commission mean, money is getting less for bang for buck?
of course i know they service and is a business, but i did not ask him to approach me. he suprising text me, so is like try to sell me but of course he say got good stuff to share (in this case, better benefit for no additional increase premium & GE birthday & GE covid generous) want face to face meet and etc. i decline of course, cause sometime they are really convincing.

...

If your interest is to maximize on income tax relief, why not take up a Life Insurance with him? The current Life Insurance tax relief stands at RM7,000!

...

Hi guys,

Is it possible to change my credit card details from MyAIA online portal so that I can continue to have auto debit payment through the new credit card? Previously, I have registered a credit card for auto debit.

Can you tell me the steps and anything need to be aware of?

Anyone has experience claiming allianz medical or any other insurance? How's the claiming process? Fast and smooth?

Oh vip service? What's that?

Saw from allianz fb a lot of negative comments about hard to claim and allianz asked a lot of documents

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.

Hmm, its for my son, 3 yo. The GE insurance agent told me if not purchase wuth ILP then no guarantee renewal.