Anyone received letter from AIA on the revision of premium charge for A-Plus Med plan? Anyone opting for it?
Feel like ignoring it...
Insurance Talk V6!, Everything about Insurance
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 Jun 16 2020, 05:15 PM
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#1
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60 posts Joined: Jun 2015 
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Jun 16 2020, 05:31 PM
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#2
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60 posts Joined: Jun 2015
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QUOTE(lifebalance @ Jun 16 2020, 05:20 PM)  ignore also no use, will be auto charge to your policy anyways just doubt will they decrease the annual limit amount to claim or not lol |
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Jun 16 2020, 06:02 PM
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#3
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60 posts Joined: Jun 2015
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QUOTE(responsible poster @ Jun 16 2020, 05:49 PM) did anyone get the same for GE? They dont force us to pay new price but policy may lapse earlier.previously the agent showed a minimum quotable premium increase on June 1 2020 im just wondering for people who hold the policy before the increase, will they still get the old price or will the new price be enforced? So basically new/old policy holder will be charged internally the same amount for the same plan. e.g. new policy holder pay RM266/month till 90 years old. Existing policy holder by right should pay RM230/month (existing premium) till 90 year old, if they dont opt for new premium (RM266/month) - their policy may lapse maybe till 85 years old only. |
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