Thanks for the response.

ILP is a red line I will not cross personally, I would rather keep it simple and pay minimum amount required to get insured.

But again, I don't have any dependants and not sure if it will remain this way for foreseeable future. And will RM 1M will be too much?

You can visit the insurance company website directly as they will list the product for sale.

Sounds good.

Just a measure by the insurance company to make sure the person is normal and sane.

Otherwise get risked of claims getting rejected in the future and don't complain why insurance company reject for non-disclosure.

It's your definition against the doctor's definition. Get her checked by the panel doctor for the insurance company and have a peace of mind.

1 mil ? that depends, I don't know you personally so I can't say whether it's too much or too little.

But for a 26 years old, definitely looks high for a single person.

I do have a client who has 1M insured by paying RM100 monthly (term insurance) who has similar age as you. However, he didn't know that the plan is yearly renewable which means that the plan will increase premium every year, so it's better for you to check on the premium schedule to set the expectations right. As for ILP, the premium will stay leveled and there is cash value at the end of the maturity depending on the design of the policy.

The rule of thumb is to have life insurance 10 times your annual income. In the future, if you are planning not to get married or have children, I would say that 1M is definitely on the high side, unless your objective is to leave this sum of money to your parents.

Having a higher critical illness coverage might be more suitable for you if you have no dependents and CI coverage is paid to you as cash lump sum if you are diagnosed with critical illness.

Tq for your quick response

Tqtq, appreciate for your help

Is RM 1M too much. Not if you do require that level coverage. Of course, it also depends on the insurer, if they are willing to take the risk.

If buying a medical via online must declare honestly. Must say she is holding an OKU card. if claim occured and found out is an OKU card holder will be quite troublesome if didnt declare when applying. Just giving some advise for you.

Hey Guys, any advice on getting a group/family medical card for 3 people? Adults aged 59, 56, and 20. Or is it better to get standalone for each 3?

Standalone for each person.

Significant age gap between 50s and 20, better cost savings with each having their own.

hi honsiong, this plan looks interesting. do you have the fine print/product's disclosure?

No leh, but my agent said its a limited time offer with 20% premium discount for entire term.

But then I feel like giving it a pass coz I got 0 dependants now, I feel like my current short term CI coverage should be sufficient.

Which company?

Sold by bank or agent?

Super delicious offer.

btw ... "$" mean USD or RM

If the plan is real, T&C acceptable . Can intro??

Awnyone’s having Manuwealth? It’s life + CI ILP. Is the cash value able to withdrawn?

Yes the cash value can be withdrawn

Will it affect the policy sustainability? Is there limit to withdraw?

Definitely.

No limit, min 1000 balance must be within the account

So I can’t treat it as a life insurance with saving account lor I guess

Uh I never heard of ppl treating their insurance account like a saving account before but okay