No one can guarantee their prices. Just like your Fish Seller at Market can't guarantee the fish price stays the same next 20 years.

Just get the necessary insurance coverage you need. Let the investment worry itself. The insurance company has shown their worse and best scenario and it's usually 2 - 3 years difference. 2% return by the insurance company is very achievable.

Cheers.

Hi all,

Recently my agent (who eventually became a good friend) asked me to transfer my policy to another agent which is her friend, as she said she need to resign from her agency to take a break and migrate overseas temporarily.  She will come back after a year and rejoin the business. In term of servicing the policy she said can deal with her directly.

As I do not know her friend nor do I want to communicate with him, I would like to know if there some sort of "assignment agreement" that both of them need to draw?

Thanks!

1) Possible to get medical coverage at 65 years old?

Purely based on age factor she is still insurable.

2) Premium?

Really depends on the kind of medical card that you will be purchasing for your mother. It ranges from RM2k (as highlighted by Lifebalance) plus to all the way in the RM10k range.

Things affecting the premium:
- Type of medical card (Standalone vs Rider)
- Benefits
- Term of coverage
- Loading if any

You might even want to consider a high deductible medical card if it is financially feasible.

Best,
Jiansheng

What about medical card for a lady who is 68 yrs old with history of bypass at age 53 yrs , non smoker, is a diabetic and hypertensive. Unable to get medical card ? Annual blood test and checkups stable up till now.

Hi all,

Recently my agent (who eventually became a good friend) asked me to transfer my policy to another agent which is her friend, as she said she need to resign from her agency to take a break and migrate overseas temporarily.  She will come back after a year and rejoin the business. In term of servicing the policy she said can deal with her directly.

As I do not know her friend nor do I want to communicate with him, I would like to know if there some sort of "assignment agreement" that both of them need to draw?

Thanks!

Hey guys,

I have some questions to ask regarding insurance.

So I'll keep it simple. My mum is a widow aged 65, I've lost my dad 5 years ago.
My mum goes for full-body health screening annually and is quite healthy. Non-smoker and non-drinker.

She is obviously not young anymore, when I lost my father to liver cancer, it was a huge financial impact as he did not have any insurance.

My family's income is normal, around 350k annually from dividends, rentals and salary etc. As my father left his business shareholdings to my mother's name.

I am hoping to buy a nicer house for my mother to spend her advanced years in, with a better environment than my current place. However with my mother's old age I am worried that any sudden medical situations would put us at risks as you all know certain illnesses can be very expensive to treat.

As such, my question is if it is possible for someone her age to still get medical insurance, what kind of insurance premiums should we be expecting to pay? and what are the limitations imposed considering her age.

I would also love to hear any suggestions for any insurance policies.

Thanks Guys,

but again still there is no guarantee right as in if i do a single top-up but the sustainability may still drop maybe due to medical costs going up or the ILP part not doing well....
what would be your best advice?>

What about medical card for a lady who is 68 yrs old with history of bypass at age 53 yrs , non smoker, is a diabetic and hypertensive. Unable to get medical card ? Annual blood test and checkups stable up till now.

hi Housedude, yea she still can get medical insurance so long haven't exceed 70 years old. There won't be any limitation imposed unless she has medical history. Yearly premium for standalone (as of today's age) expected range at 7k a year, for ILP (level premium) will be 10k a year (assume 1million annual limit with no deductible).
ok, what's the latest update as of this few days? agent got a careline to call (even though still need to wait but not as bad as customer careline) and can ask for the current status. just follow up. hope to hear from your good news soon. I believed you did try your best to clear your credit card bill. normally i will advise my client to prepare spare cash fund for emergency cases like this.
hi QD_buyer, is her agent her direct superior within the same agency? normally when agent resigns, the customer policies servicing will be passed automatically to her manager.
hi drbone, very less likely to get medical card. can try to apply (try luck). for life insurance, can buy those guaranteed issuance (even with history) life insurance plan.

Worth it to get life insurance for this case ? What would the rough payout be and the premium ?

Worth it to get life insurance for this case ? What would the rough payout be and the premium ?

Life insurance is needed when family members is depended on insured person income for financial support.

If the insured is not the financial pillar of the family, life insurance is not a priority to have.

Insurance is not a place to look for payout or return, or having a mindset to "gain" or "profit" from it.

Hello all,

Outpatient Cancer Treatment - Does medical insurance cover Immunotherapy & Targeted Medicine?

Call CS they give me subject to their department review.

Would like to ask a general question here

Assuming the COI/pax for my company's group insurance is high, does it make sense for me to withdraw the money and use that to buy my own personal insurance, as well as for my spouse (since group insurance covers spouse).

Edit: This is of course assuming the company is flexible in letting me do that

Would like to ask a general question here

Assuming the COI/pax for my company's group insurance is high, does it make sense for me to withdraw the money and use that to buy my own personal insurance, as well as for my spouse (since group insurance covers spouse).

Edit: This is of course assuming the company is flexible in letting me do that

Hello all,

Outpatient Cancer Treatment - Does medical insurance cover Immunotherapy & Targeted Medicine?

Call CS they give me subject to their department review.

Hi all, I need some advice here. I recently purchased an insurance plan with my agent while I'm out of Malaysia. During the application process, I was told I need to do e-signature and indicate where I'm signing from. Despite I'm out of the country, my agent told me to put "Selangor", and keep my Malaysia residential address.

May I know if this is advisable to do so? Thanks.