If 100k for each event is sufficient to take care of you, looks oaky. if you'd opt for deductible for your medical card, it'll definitely bring down the premium further or get more coverage within the Life / CI.

Looks pretty standard, albeit the sustainability is a little short, you may choose to revise it in the future by topping up to increase the sustainability.

This post has been edited by lifebalance: Jan 23 2021, 11:46 AM

You can browse their website individually and see which suits you. The insurance company have made it easy for you to go to their website to choose the plans

Medical insurance policyholders and takaful certificate holders may apply for reimbursement up to a maximum of RM300 for COVID-19 testing (one reimbursement per individual) to maximize the number of tests that can be supported by the CTF.

Requirements & Eligibility
Insurance policyholders and takaful participants with group/individual medical and health insurance policies and takaful certificates who undergo COVID-19 tests at recognised private labs listed on MoH's COVID-19 website.
The CTF reimbursement is limited to one test per policy/certificate holder only and the reimbursement period is valid until 30 June 2021 or earlier, if the fund is fully utilized.

Life insurance with attached medical rider.

First come first serve basis. You want then you need to queue now.

However, you can call in to MOH to further clarify if this include CI because the wording above shows for health insurance.

This post has been edited by lifebalance: Jan 23 2021, 11:27 PM

Not too bad actually for the offer.

Just hopefully the portfolio doesn't have high claim volume otherwise the revision is definitely gonna sky rocket the premium than their normal plan.

The reason ppl bought GE Supreme Living Care back then was because they either don't like the risk involved with ILP on the fund performance / cash value return but wanted something that is guaranteed in premium + an average protection value.

If your sole purpose was for "returns" then I'm afraid the plan doesn't serve your purpose.

The insurance company tries to bundle it to bring more value to you as a package.

That being said, standalone PA plans are more comprehensive depending on what kind of benefit you're looking for in the a event of an accident.

Some may extend coverage for Dengue as well.

Your scenario is alittle extreme.

The purpose of the reasonable and customary charges is so that the insurance company are not overcharged compared to the industry standard.

Example, a cost for surgery is average 10k to 20k but your doctor decides to charge 30k. Then the insurance company will definitely question.

Some doctors are even blacklisted by insurance company that they will not pay more than x amount if done by this doctor because of history of overcharging.

Your post is definitely not helpful but cause more unnecessary confusion and panic.

The hidden T&C is whereby, you sell your data to the insurance company/agent who register for you in return, they will solicit business from you after acquiring the data.

Unless your sole purpose is just to get the "freebie" from the insurance company without the agent blabbering anything to you, you can sternly tell them upfront not to waste their time if they're "helping" you.

Kindly remove your avatar "Financial Advisor" if you're not one.

• Financial Adviser is a restricted word under section 139 of the FSA. No
person shall in its name, description or title uses such word, unless such
person is approved under this Act to carry on financial advisory
business.
• Any person who contravenes this section commits an offence and shall,
on conviction, be liable to imprisonment for a term not exceeding eight
years or to a fine not exceeding twenty-five million ringgit or to both.

Thank you.

Here I screen cap from their T&C website on privacy, refer to d.

Policy benefit does not change when they ask you to increase your premium.

The additional premium is to maintain your original policy term of coverage without altering your policy benefit.

The circular is quite clear in explaining that AIA is covering the entire hospitalization caused by Covid-19, just on pay and reimburse basis. Which part is not clear ?

I would since the 300 deductible is not much compared to the cheaper cost of insurance that in paying in the long term especially when you don't claim.

As for Allianz. Their claims are quite okay so far. Cover is comprehensive albeit slightly more pricier than the other companies.