Insurance Talk V6!, Everything about Insurance
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 Jun 3 2020, 03:43 PM
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#1
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Newbie
16 posts Joined: Sep 2016 
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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? |
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Jun 3 2020, 05:15 PM
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#2
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Newbie
16 posts Joined: Sep 2016
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QUOTE(lifebalance @ Jun 3 2020, 03:46 PM) Yes, it would mean the premium charged will be based on 61 years old if his birthday had just passed. already read but dont understand the way they word it. Different company will have different regulation on consideration of the entry of age. Do read whether they consider based on next birthday or otherwise.   it does says that in the chart ' attained age next birthday on preceding' thanks for replying btw. |
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