Ok good to know. But which in your opinion is the best for starters?
And I'm also curious, in what circumstances will payout not be granted? From what I learned in insurance part training in my previous job, say the client has heart problems, so if the client passes on, payout will not be given due to this as the cause of passing on. Someone can explain?

Hey guys, a quick question for the AIA insurance agents - Yesterday I had a brief presentation from an agent and she mentioned that for medical there will be a rm500 deductible. is this normal? I am looking for a comprehensive plan however that focuses more on medical and critical illnesses. Appreciate the reply in advance.

This reply is for post #1970 and 1971.

This is what I heard from my trainer:

Let's assume Mr.X vapes, and Mr.X gets a protection plan. However Mr.X later passes on due to some disease caused by vaping. In a case like this, will Mr X get any payout since the complication happened due to his vaping and not other factors? As what my trainer mentioned,Mr.X won't get a payout since it's, how to say.. something he caused and not other factors.

A similar situation is like this:

Mr.Y buys life and/or medical insurance. But Mr.Y itchy backside drink until want to terbang. So he drive then bang until kong. Because he drink and drive until kong. In this case Mr.Y won't get payout right because he caused it and not someone else?

And is it by declaring as a smoker (and with a higher premium), the client can still be covered?

In my situation, I smoke but so far i managed to reduce by around 50%. Nowadays I smoke maybe around 12 sticks. not easy to do but I still tried. I do intend to kick the habit totally also. I have some high blood pressure also, which the doctor prescribed Amlodipine to help with it. Most probably the high BP is also caused by smoking? I do find that if I'm busy, I tend to not smoke for hours.

As to my previous job, I was in a call center for a bank. So we have to sell insurance products (eg. Credit shield and travel insurance) as part of our portfolio. So there will always be enquiries about what is covered, activation, exceptions, etc.

I forgot to mention in my earlier post,that the AIA calculator counts the premium the same whether or not you declare as a smoker or not.

Hope this clarifies.
Thanks!

I've just received a hike in my premium for my Pru medical card, this is my 1st tiime, Pru claim it was cause by increase of medical cost, I want to know how often does this happen? is it a yearly matter based on past year occurrences.

hi gedebe, averagely 5-6 years in general. of course this is just an average estimation based on what happened in the past.
hi MUM, % increase based on paying premium is not so accurate because it depends also on the premium that policyholder started paying since the beginning. it can be low or it can be high. for example this round GE medical COI's adjustment is 40%-50% but in terms of premium adjustment it is not high because it depends on what is the premium they are currently paying and also how much cash value is accumulated (so this also depends on how long has the policy runs). not sure whether Pru show the COI adjustment table or not. i know GE does.

Hi what's the ideal insurance premium monthly for a family of 4?

With spouse and 2 children.

Life + Medical

Idk. No experience in it before.

But I'd say coverage of RM1million life and RM1million Death + TPD for whole family should be a good start?

What's the monthly we are looking for if the above coverage?

Are u agent? Could u get me a quote for:

RM1mil - Death and TPD
RM1mil - CI
300 r&b for each family member
Annual limit - RM1mil
Lifetime - unlimited

Hi friends,

May I know what other companies offer standalone medical insurance?

I am sourcing for a childhood friend of mine.

Likely, when you bought the policy the COI (current and projected)  was lower; and
1. with the increase in medical cost in the last few years
2. probably a higher medical inflation in future and
3. with the needs to comply with new rules on sustainability, warranted the increase in COI and premium; maybe.

Your assumption on Company A and B is likely correct.

Also, the COI and premium, should increase hand in hand, to keep the policy sustained to whatever period you have chosen.

Bruh, it's like trying to say "Why buy an iPhone 12 now at RM6,699 when there is iPhone 20 with 50x the faster processing speed at RM6,699 say in Year 2030?"

Same goes with a car, same price, better model / looks / specs in the following years. You just can't compare it over time. The only thing is to upgrade it, that's all.

Sure, by all means if 2030, Samsung is better than Apple, buy Samsung, unless you're a die-hard fan of Apple right?

Everything in this world has an expiry date, even the very computer you're using now typing is probably gonna knock off in a few years time. Technology advances, would you bang your head on a wall if your parents spent RM10,000 to buy a "Mobile Phone - Big Brother Big Phone" back in the 80s just to make a phone call without any smart feature as compared to a Smartphone now? would you say it was senseless back then ?

How about a flashdrive with only 50mb and cost RM1k when it was first introduce?

Advancement in time and technology waits for no one, if you're gonna mope about the past about old policies, you're free to do so. The insurance companies will continue to launch new things, whether you want to subscribe to it is really your personal preference.

so what is "now" the cheapest premium for the similar coverage comparison between insurance companies before buying it may end up not being the cheapest after some time too     

Do you have the policy contract booklet with you?
Yes - great! You can get all the info in there.

No - you can request for a digital copy or even have it reprinted (at a cost).

.......
Just a simple thing, I wanted to know minimal amount of death benefits that I could adjust to, what was the rate like?
.................

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.

I do not think is has anything to do with individual sustainability because the price hike happen for everyone for every insurance provider, my question is how many times in the past has this hike happened so i can roughly predict the frequency of future hike.

this is so not tally with what my agent has mentioned, do u have any info for the new guideline and how come this report who did not mention abt it:
https://www.freemalaysiatoday.com/category/...re-costs-go-up/

As mentioned, the above is sustainability for each individual and not the increase of premium for all medical policies.  My agent told me that all medical policies are affected.  Can you just let me know that is there any person whose medical premium not increase in this year?