ive already apply with one of the insurance company, they replied with

SURAT PENERIMAAN BERSYARAT

PENGECUALIAN PERLINDUNGAN TAKAFUL UNTUK PENYAKIT KARDIOVASKULAR, SERANGAN JANTUNG DAN KEGAGALAN
FUNGSI/DENYUTAN JANTUNG DAN PENYAKIT YANG BERKAITAN SERTA KOMPLIKASINYA


even my MRTA also getting higher because of this.

This post has been edited by ss_izal: Jul 9 2020, 03:40 PM

Can be exclusion, loading or as standard

No such thing lol

Yeap this is an exclusion, however different insurance company may have different risk appetite.

Thats my understanding as well, as it is very doesn't make sense lol.. like didnt do nothing then suddenly kena for Agent A

Aiyah agent B just want you to stay so can continue earn commission. But don't have to give such ridiculous excuse le

But she did offer to convert my hospitality coverage to another coverage (more comprehensive critical illness coverage) to not overlap, so have to assess that as well

however my feeling, serving 2 (or multiple) policy seems not financially wise. is there any practical consideration on doing so?

Basically the agent is removing the hospitalization rider and buying into the critical illness rider instead.

Which is not a bad idea however some plans offer cheaper or more comprehensive critical illness coverage, so not sure where your plan is from.

Again, buying insurance is subject to your personal risk assessment and should not pose financial burden for you to cover that risk.

Perhaps it's better to get your personal finances properly reviewed and see whether it's better to keep 2 policies or to let go instead ?

Noted sifu, thank you

What agent B meant was a Replacement of Policy. If you surrender policy B within one year of policy a inception and agent b makes a compliant to the relevant authorities, agent A could be slapped with a Replacement of Policy complain. Which could affect Agent A.

Best,
Jiansheng

You can consider to review Policy A to include what was in Policy B, and pay the additional premium, if any. It may be cost effective and more manageable.

i guess that's the outcome of it. while it may seem long ago, it is unlikely you get more favourable terms with other insurers or takaful operators.

i'm not expert on this health assessment, but i have to remind, there is a shared database among all insurers and takaful operators.

So, based on my guess, in future when you apply company P and or company A, you likely gonna get same restriction. this is just to safeguard themselves from potentially higher risk.

you have to try quite hard to have it removed, if you even can at all.

That is not true, not all insurance underwriter share the same view in accepting risk for certain health conditions.

I did say likely but there is a reason why he got excluded. There is a reason why that database exist too.

I know person to person can be different, what more company to company. I get it but... they all also share a same same but different underwriting guide lo. Cant be that different else *cough* agent A complaint to company A and agent B complaint to company B.

We can agree to disagree but i digress, i dont know how to underwrite healthy or non healthy person. I may be overly pessimistic.

I can 100% certain they shared database with each other.

I cancel GE ILP and move to stand alone medical card with HLA. HLA manage to find out my previous exclusion by GE.

I have 11 policies under my name.
No such thing as "overlap" in terms of coverage ah.

Any practical consideration on doing so
Got ah, I have 6 Life Policies assigned against my loans.
Then some others for different areas of my ventures, and for different purposes.

What's your concern?

Hi all,

I am looking for medical card for both my parent, dad 63 with history of diabetic and mum 59.

Anyone can advise if I would be able to get anything for them for 2.5k per year each? I guess my dad one would be tougher but appreciates any suggestion.

Thanks in advance.

For your father, definitely will be more expensive. Easily 8k yearly

For your mom
Room 500
Annual Limit 1m
No lifetime
Premium 2k yearly

Hi my mother in law bought her insurance at 69 and monthly cost is rm1k, medical card and little bit of life I think. Is it normal? Can she get cheaper premium? Thanks in advance.

Room 500
Annual Limit RM1 mil
No lifetime limit
Premium 4500 yearly

This post has been edited by lifebalance: Jul 12 2020, 11:09 AM

Hi guys, thanks for putting in so much insurance content in this forum.

I’m looking to get a stand-alone medical package from AIA - med regular and med booster. If you’re an agent, please pm me.

to help them more, could you provide some basic info like,
age
sex
smoker?
job description
coverage needed?
any other coverage consideration required?
etc etc