GE Great Generation Care Plan.

We call it 3D protection.
- Death
- Disability
- Decease

You will get your sum assured claim if death or TPD or 45 Critical Illness.
If nothing happen, by age 80 you will get total premium paid or sum assured which ever higher.
**Got guaranteed cash value/ surrender value

Due to GE campaign offer, this plan is cheaper than other GE Critical Illness Plan with same coverage.

The best is free 20% sum assured for you kids or FUTURE kids till age18. Cover 45 CI + 11 Children illness.

some example sharing.
Female 30NBD, RM200/m get RM168K sum assured
maturity age 80 she paid RM120K, return is RM168K

If your children pass age 17, they are eligibility for the plan.
RM80/m can get RM100K sum assured. Best part ... cover your future grandchildren for free.

Parents rider is options. Need top up for it.
Still good if age over 70 below 80. Cover till age100.

This post has been edited by tyenfei: Mar 13 2020, 10:08 AM

perhaps you can also consider increasing the critical illness payout and shorten the term of the plan to 70 years old (extend the coverage term when it reaches 70)

Life, TPD and 45 CI until 70 yo (RM80K)

RM150 room
Annual limit rm990k
Lifetime unlimited
with TPD/CI premium waiver till 70 yo

the additional 30k CI payout does help. just a suggestion. hope to hear from your good news upon getting the plan that you want.

Looking for best medical insurance

Age 30-35

No budget

Any recommend ?

while waiting for responses, I kay poh and googled and found this....
hope it can provide you with some info while you wait for responses...

best medical insurance plan in malaysia
https://www.google.com/search?ei=uXZqXq7ZL4...i13.CJ7fUnXQY1A

Halo friend,

Quote require following basic info:
gender
smoker / none smoker
accurate age. example 35 NBD (meaning you are 35 this year but haven't pass birthday)
type of work (risk calculation)

better to have monthly budget.

If that’s your given budget then it looks maximized. Unless you are buying based on needs then you’ll need to see if your agent have recommended you the right plan beside just medical coverage.

What’s your gender, occupation and do you smoke or not ?

As there are as many insurance products as there are insurers, the best medical plan would be what best meets you needs. Basic information and any medical history would be taken into consideration when preparing a quote.

Hi,
I just bought the Allianz for MediSafe Infinite+ base plan with other rides like power link, etc.. In the policy schedule summary page where it listed benefits summary and premium dates, it stated the maturity / expiry date for all benefits is 2040 (which mean i will be 67 years old that time). But the agent said it is cover till 100 years old and will renew to 100 years old when it mature at 2040.
Is it true that it will be auto renew till 100 years without any terms?
Just worry when mature at 2040 that time, suddenly it will say other terms like health, etc.

Both the sales illustration and policy should provide information if it's renewable. Ask the agent to point out the specific clause that's it's renewable. But generally all insurance companies do provide renewal option currently for investment linked policy.

Yo thinkgoodpositive (love your user id here )

Yea in this case, you are currently buying a plan with 20 years term. That plan itself is renewable till age 100. Upon reaching the 20th year, you will be prompt to extend the coverage and top up premium when necessary to run the policy longer.

Hi masters,

I realised that my Great Eastern medical insurance was actually an investment-linked life insurance with medical cover packaged together.

What I have is Smartprotect Essential 2, with add ons:

Premium Waiver
Critical Illness
Smart Medic + SMX
Hospitalisation Benefits
Smart Early Payout

I feel like my agent duped me into signing up for this whole bundle so he could earn more commission. This was the first product I bought from him and I knew nothing about insurance at that time.

Is there anything I can/should do about this?

Thanks. There is clause for renewable upon maturity to 100 years I just worried when that time they may check health status.

Ya, top up is understood. I just worried when that time dunno will ask or check my health status again before approve or extend my coverage.

Halo RigerZ,

Any reason why you feel so bad about investment link plan?

SPE2 is medical plan from GE. With sum assured coverage (consider as life).

Premium Waiver - This allow you to continue enjoy medical plan for free if you encounter TPD / Critical illness event.
Critical Illness - depending the sum assure allocated, for you when hit by 45 critical illness
Smart Medic + SMX - the medical plan. minimum RM990K annual no lifetime limit including kidney/ cancer.
Hospitalisation Benefits - pocket money if admitted to hospital. amount depend what you sign up
Smart Early Payout - this one work with CRITICAL ILLNESS. Payout partially in early stage when you hit by 45 CI.

Can help review if got more information.

auto-renew to 100 years old as long as the cash value can pay for the insurance charges. Can be 20-30k yearly premium at age 80 though..

If you just sign up recently still got free look period to cancel.

I bought this solely for protection and not for investing. I do not want to end up paying extra in my later years if because the investment funds are not doing well and doesnt cover the insurance charges.

I've had this policy for about 5 years already

For AIA, you indicate as you purchase the policy if you want to renew, then no further underwriting at a later age. Takes away the guesswork. Just continue paying your premium to maintain your policy. Can't comment about your current policy.

5 years is a bit too long to do anything now. You may want to read up on term policy if your primary aim is solely protection. But check out what riders you can/cannot add in a term policy. Investment Link policy gives flexibility that a term policy does not.

I meant protection in terms of medical, not term life