wykoh2,
Only child medical insurance premium portion entitle tax relief max 3,000, not life insurance portion. Please refer to your annual premium statement, can be download from customer portal.

anhydrous,
life - 500k
TPD - 500k
PA - 1mil

GreenSamurai,

300/mth, Answer is YES and NO.
YES - for 2mil medical card
NO - for 1mil medical card

This post has been edited by KLlang: Jan 18 2021, 06:59 PM

plurbuddyskuppy,
You can get a decent coverage for whole family around 500/mth if it is standard.

ahleemaju,
No medical underwriting product I do, definitely no need go thru medical questions, no medical examination, limited to life insurance protection only and limited time offer.

Whatever pre-existing serious health conditions can be accepted.

netcrawler,
Normally this policy breakeven 13-14yrs, means you can get back same amount paid in 1st 10years.
You can refer to total surrender value in the latest annual statement.

This is a whole life policy and it only mature at age 87. Policy holder also will get yearly survival benefit (either pay-out/ accumulate) starting 11thyear.
If the cash from surrender is not for emergency, is recommended to continue enjoy the fruit from your earlier savings.

alandhw,

What is the beauty of PA bundle with motor insurance?
you can ask your agent

charge rm120++ PA for 10k protection.
what kind of protection?

in market, RM120 can get 50k D/TPD for 1 person coverage occupation class 1&2

wykoh,
Touch wood if hospitalized due to COVID, do you know Gov actually allocated RM100mil fund for private hospitals to treat Covid-19?
Now Gov can cover treatment even in private hospital, therefore, no need panic of medical card coverage.

But why some people raise this discussion, because association represent private hospital worried the fund insufficient in future or some agent use it as marketing. This create unnecessary stress to rakyat.

Actually, both Prudential and AIA has certain medical card series do not have exclusion of pandemic like Covid 19.

What you can do now is get the policy book out and read carefully or ask your agent to review together.
By the way, which insurance medical card you holding now?

To have covid treatment coverage either gov fund or medical card, KKM referral/ transfer letter is compulsory to admit private hospital. Otherwise, you are on your own.

For details procedure, we still waiting for KKM portal to announce.