Hi, i am new here. Recently was chit chatting with my friend and he mentioned to me that Allianz is one of the cheapest, but coverage above average. Anyone can give some info on Allianz medical insurance?

Thanks ya.

Hi, thanks for sharing your coverage plan. When you have this plan, do your agent actually tell you it's sustainability? Supposed they will have to let you know. Because when i recently bought for myself, they will show estimated sustainability.

1) Based on your discussion with your agent, you should receive info about this. But as mentioned as above, if cost of insurance increase, basically the sustainability will reduce too, provided you are paying for the same premium
2) There's never guarantee on this i supposed. My agent told me is not guaranteed.

Hi David, may i know what is the best sustainability for a plan in your opinion?

Hey, just sharing. Putting into unit fund is always a long term investment.

PRULink Managed Fund II is set to 80% PRULink Equity Fund and 20% PRULink Bond Fund. It means that your investment portion has allocated 80% on equity (share market). So what is the performance like in these 3 years? If you bought the plan 3 years ago, KLCI was at around 1700+/-. Compare to current market is around 1550. In between, lowest goes to 1300+. Market has been volatile but good thing is your premium actually not just buying at high price, but also collecting on very low price to average down. So i would say that your plan actually did a very good job in this part.

But we still need to check again and see how your premium was designed to pay for any expenses. Is it mostly on coverage? Or more on investment? If we are to use exactly the same way of getting a plan on other company, the outcome will be the same too after 3 years. Because if most of the premium is on coverage, the investment portion will take even more time to see the return.

Suggestion: based on your concern. check your sustainability of this plan with your agent first before cancel it. Because it will be a waste if you cancel as you already pay 3 years of commissions.