I'll say grab it while you still valid to apply.

Age below 1- 30 can get from RM150-200 monthly depending riders (& age)
No hesitate I change for both my children.

And you got 15 days free look period. Here is the term in policy I copy :

FREE-LOOK PERIOD
Within 15 days after this policy has been received by you, you may return this policy to the Company. We shall then
immediately refund the sum of
· any amount of premiums that have not been allocated to purchase Units; and
· Total Investment Value of this policy, if any; and
· total values of the Units deducted for Insurance Charges and Policy Fees based on the Net Asset Value on the
Next Valuation Date
of your policy and cancel this policy subject only to the deduction of expenses incurred for the medical examination,
if any, of the Life Assured.

Meaning to say, grab 1st and still got time to learn and compare. Anyway, this is the greatest deal at the moment with similar premium.

Simple feature summary

Better discuss with parent. Medical plan is the basic of life insurance coverage for current trend.
Imaging ..u won't be able to sign up any plan even if you recover from covid19 infection.

U don't "BUY" medical plan, you actually APPLY, SIGNUP upon approval & healthy status.

My advise, 2 years
Follow or not, up to individual choice.

post #2308 ckdenion explained the waiting period
https://forum.lowyat.net/index.php?showtopi...00&p=99468431&#

120 days waiting period (for medical card) and 2 years contestability period

For medical plan, only Hospital Benefits or Hospital Income (depending how your policy name it) entitle for claim if admitted to hospital.
example RM100/day

Fyi, Covid19 doesn't fall under Critical Illness category. So it won't be claim under CI policy.

Generally medical plan exclude coverage for any communicable diseases requiring quarantine by law. (Covid19 under this).
Early of 2020, insurance companies came out with own statement to waive covid19 exclusion by own T&C.

As for GELM, waive the "quarantine" exclusion for treatment related to covid19 in hospitals within Malaysia. That's why hospital income can be claim if you have the rider.

What happen to medical fees if admitted to private hospital as government requesting support now? No firm answer in hand .. got to wait for more info.

This post has been edited by tyenfei: Jan 14 2021, 11:03 PM

Besides the hospital benefits, what other coverage from medical insurance that is eligible for Covid-19?
so far no. unless last year finance assist program still valid.

Yes for life insurance part .. death claim.

GELM = Great Eastern Life Malaysia

Halo friend,

Male / female ?
40yo before birthday or after birthday? Provide birth year and month to have better calculation.
Occupation? (this affect you are class 1, 2, 3 or 4)

Sample for male 42 NBD.
RM250/month
Coverage RM500K Life/TPD with CI waiver sustainable 20-21 years
Accident death x2, accident under public conveyance x3.

PA can purchase under general insurance.
For reference GE PA from RM168 - RM1488 /year coverage RM80K - RM1.38Million

Can within your monthly budget
RM3 million medical (GE Offer Jan 2021 only)

as I recall only certain saving plan or plan feature come with "No medical underwriting"

Need your plan name to be confirm.
Even if saving plan, example GE Great Flexi Plus attach with waiver benefit then need medical underwriting.

You need to be honest with your agent. Experience agent will know what to do next.
Not all medical history restricted your coverage.

If the company accepted your medical coverage with condition or some exclusion .. isn't it better than no coverage at all?
Some exclusion can be appear in future, provide your recovered report and supporting documents.

At the end, none of us here can decided your condition. It is the company underwriter you submit your application.
Never try never know.

Need to provide as other remind.

And what kind of protection you look now? Life plan, Medical plan, Income protection plan?

And roughly monthly budget.

Medical repricing affected by
- COI of riders, amount of coverage (larger amount higher the cost)
- investment fund performance (low or high cash return)
- premium you paid (yes the same coverage can be design with minimum premium or higher)
- sustainable during initial plan design stage (if a age70 plan design was sustain till age60+, now company calculate till age70 then need top up)

Not everyone premium increase in same amount or percentage.

If the premium raise really burden .. can contact your agent discuss about the riders and coverage adjustment