May 9 2020, 07:39 PM
QUOTE(GE-DavidK @ May 9 2020, 07:33 PM)
The general consensus is that each insurance company is more or less the same.
Make sure that when signing up for a new plan, you understand the length/sum of coverage, the sustainability of the policy and you are not over committing yourself financially in insurance. 10% of income on insurance is usually a good starting point.
Yeah the agent did explain to me & to my surprised the new policy sustain age is 80 years old compared to my older AIA policy which was only up to 70 years old. Although I admit the AIA do have higher medical card limit which is 1.5m compared to GE but 990k is still pretty high. There are some benefits to AIA such as that RM300 medical checkup yearly provided you didnt make any claims from your medical card...Make sure that when signing up for a new plan, you understand the length/sum of coverage, the sustainability of the policy and you are not over committing yourself financially in insurance. 10% of income on insurance is usually a good starting point.
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