I see, so if you fall down but it is a more serious injury that need you to have surgery and be in hospital for a few days your health insurance will use the money from your annual limit??? If minor accident they use money from emergency accident outpatient?

Hello everyone,

I'm planning to buy a medical insurance soon.

Details about myself:

i) In my late 20s.
ii) Not married.
iii) No dependents (so life insurance is not needed).
iv) No pre-existing illness.
v) Occupational Class 1.

Do you think a standalone medical insurance is sufficient for now or I should opt for ILP?

Any suggestions are welcomed!

Dear sifus.

I've been looking around for Critical Illness plans and found a few that offers it online. So I have been doing some noob comparison between Sun Life's eCritical Sheild-i, GE's Critical Care Direct and Takaful's myClick.

Decided myClick would work best for me due a few reasons, but mainly the others have survivability clause where I would have to survive a critical illness to claim. I can't imagine me surviving a major heart attack or stroke, but that's just me.

Before committing to myClick, I searched the forum for any feedbacks or information for self affirmation lol

Has anyone got insight or feedback or is on the myClick plan to give your review?

Hello kind Sirs, just having a stand alone medical package cover accidents also?? I thought it just cover the 100++ illnesses? I accidentally hit my little toe against my bed frame does this consider as accident? Asking bcs it has already been 2 weeks and it still hurt. Can I make a claim since it been more then 24 hours since I injured my toe?

CLAIMS PROCEDURES
(a) The Insured Person/You shall within thirty (30) days from the date of discharge or completion of an Out-
Patient treatment, whichever is earlier, that incurs claimable expenses, give written notice to Us stating full
particulars of such event, including all original bills and receipts, and a full Physician's report stipulating the
diagnosis of the condition treated and the date the Disability commenced in the Physician's opinion and the
Physician's summary of the cost of treatment including medicines and services rendered. Failure to provide
such notice within the time allowed shall not invalidate any claim if it is shown not to have been reasonably
possible to provide such notice and that such notice was given as soon as was reasonably possible.

(b) The Insured Person/You shall immediately obtain and act on proper medical advice and We shall not be held
liable if a treatment or service becomes necessary due to failure of the Insured Person/You to do so.

Dear Insurance Masters,
Just want to understand, example my dad just turn 60 years old this year,last month to be exact and according to the chart he should be paying for which group this year?
56-60=Rm2345
or
61-65=RM3518

Because in the chart they mention something attained age next birthday on preceding. Does this means he has to pay for 61 years old even though he just turn 60 years old this year?

which insurance companies offer the best and cheapest insurance for medical and life insurance?

Hi all sifus here,
I has been annoyed by insurance recently, and this is the case.

I am currently pregnant. My husband is 38 years old this year. The next birthday is 39 years old. Since we going to have first child on this September, we started to have heavy responsibility and started to review our insurances respectively.

My husband：

Because we going to welcome first kid soon, and although I am self-employed, my income is not stable, so I mainly depend on my husband’s income. I am planning to purchase GE SPW20 for husband. Recently, the agent also quoted the price, as follows.

RM3000/annual
life insurance :RM500k
critical illness:RM200k
waiver benefit/TPD

I know that SPW20 is 20-year insurance. Although there is auto extension, I expect that the cash value in 20th years will no longer be able to sustain/maintain insurance. It is very likely that I will need to increase/pump money go inside. But I think at least these 20 years we are insured by GE. After 20 years, kid grow up and became independent. If there is any accident within 20years, at least me and my kid we still may have money continue to survive.
Husband currently only have 2 of GE insurances , and they were all old insurance policies.
One was purchased in 1994 and one was purchased in 2008.

1994-coverage end 2080>easipay-whole life with special cash bonus; sum assured RM20,806 ;RM90/monthly

2008-->medical card ; hospital room 200/day ; 100k/annual limit ; 400k/ lifetime limit;RM390/montly
        -->life insurance;35k
        -->critical illness;20k
below are the details of each rider.
CENTENNIAL ADDVANTAGE INSURANCE ; MYR35,000
IL-HEALTHPROTECTOR ; MYR200 [coverage end 2051]
CRITICAL ILLNESS BENEFIT RIDER ; MYR20,000 [coverage end 2080]
IL WAIVER OF PREMIUM PLUS ;  MYR23,510 [coverage end 2051]

In fact, currently husband budget for one month's premium is within about RM450-500.

Total amount(assume include SPW20): RM470/montly
life: 20,806+35,000+500,000=555,806
critical illness:20,000+200,000=220,000
medical: hospital room 200/day ; 100k/annual limit ; 400k/ lifetime limit

I asked agent to see whether husband if the medical card could be possible to upgrade. The agent said that because the insurance policy was too old, there was no way to upgrade, so I need to buy a new medical insurance. But looking at the most basic price of the new medical+life insurance policy requires at least RM350 a month. The better sum assured policy require RM500 a month, which is too unaffordable. So i plan the old insurance policy should be continued, and then focus on purchase new life insurance now.

I hope everything is clear. Hope sifus can advise me.

Age: 24
Premium: RM135/month, RM1650/year
Premium payable term: 36 years or 60 years old, maturity in 2055.

Allianz Life + Medical ILP (Alliance PowerLink + MediSafe Infinite + Optional Benefit)

Insured: RM5,000 only (I dont plan to insure a lot since no dependant yet, but planning to increase to around RM500k if I found 'the one'  )

Medical: Plan 200
R&B - RM200
Annual limit - RM1.5mil
Lifetime - No limit
hmmm was wondering if this plan I have is optimal? I plan to get a separate term life insurance and separate medical card instead of a single ILP that combine life and medical, would it be cheaper if I get term life and medical card separately?

I see...CI and TPD are separate riders, right? Whats the rule of thumb for CI and TPD?

also do you rougly know the premium for someone age 30 if they increase insured amount to RM500k? together with R&B RM200 and appropriate CI + TPD

you from GE? You know about the Great Generation Care plan? Im interested, planning to insure my parents too

Hi all, looking for medical coverage for my mother, aged 59 next birthday. Any medical plans to recommend? Need quotations.

Would prefer level premium plans.

We are ok with budget up to 4k per year, if it's available.

Thanks. Can I know the product for both? I'd like to check on the lifetime limit.

For the alternative product -> What's the quote for Room around 200?

anyone know how long Great Eastern takes to update their system?
Usually i pay my yearly insurance by going straight to the counter at nearby GE office.
This year i decide to use the jompay functions. I paid it 2 days ago but when i log into my profile it still shows zero payment for 2020???

Hi sifus, I have an Prulink assurance plan with PMM3 annual limit 50k bought from my parents since I’m young. Now I’m 25, contacted the agent ask for upgrade my policy to latest PruWithYou with PRumillion med. The agent refused to help me either upgrade or surrender this policy then buy a new PruWithYou plan. The excuse from him is he will be in blacklisted if he do so. Is this the normal practise? He also said I can’t find another agent to help me to buy the PruWithYou too. So now I can only jump to another insurance company and surrender the old policy?

What’s the price range for this?

Depending on the age of the mother (due to the payor waiver rider and mother's risk) as well as the amount life insurance/CI coverage you want for the child's medical card. I would say it's from RM200 per month onwards.

For life insurance whether it is worth to buy for term life 10 years because it is fix price for 10 years?
For medical insurance, which one is most good in offer affordable price and whether this medical insurance is necessary to buy it as we can go government hospital too?

which company got provide standalone medical card (RM100,000) with fixed premium price forever or maximum premium amount around RM2,000 to RM3,000 when 50-60 years old?

Want ask,
Does life insurance important?
Got 1 AIA insurance, but just know it only cover 23k if anything happen,
But medical card pay by boss.
Is 23k for insurance low?

My plan is AIA A-enrich 20,
Is it good or can get better?

Is there any traditional medical plan for lady cover medical bills and hospitalization for person age 64 years old this December?

For traditional medical insurance, will the policy holder get any payout (cash value/dividend) when they terminate or mature?

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Any AIA agent can clarify what is Critical Illness Type 2 Coverage? How do we know the Critical illness insurance should go to 100% medical or 100% life and 60% life while remaining 40% to medical for tax reporting purpose?