Insurance Talk V6!, Everything about Insurance
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 Mar 8 2020, 09:36 PM, updated 5y ago
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#1
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Senior Member
2,173 posts Joined: Jan 2012 From: Butterworth, Penang  
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Welcome to the new Insurance discussion thread Version 6.00!
Click <<HERE>> for the Insurance Discussion Version 5.00! Created Date: 08rd Mac 2020 If you have any questions on insurance, just ask the experts in this thread! The Top 20 posters in Insurance thread version 5.00  lifebalance 484 ckdenion 208 MUM 136 Holocene 129 HoNeYdEwBoY 64 JIUHWEI 61 yklooi 54 tyenfei 48 Ewa Wa 44 cherroy 31 alexkos 25 SwarmTroll 25 ahwai 24 wild_card_my 24 |
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Apr 30 2020, 07:33 PM
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#2
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Senior Member
2,173 posts Joined: Jan 2012 From: Butterworth, Penang
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QUOTE(RAL @ Apr 29 2020, 07:20 PM) hello, anyone from Prudential here?   |
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Jun 19 2020, 04:32 PM
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#3
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Senior Member
2,173 posts Joined: Jan 2012 From: Butterworth, Penang
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QUOTE(GagaRemix @ Jun 16 2020, 03:32 PM) Hi all, I need some advice here. I recently purchased an insurance plan with my agent while I'm out of Malaysia. During the application process, I was told I need to do e-signature and indicate where I'm signing from. Despite I'm out of the country, my agent told me to put "Selangor", and keep my Malaysia residential address. The Malaysian insurance contract must be signed in Malaysia otherwise its is null and void. May I know if this is advisable to do so? Thanks. Even our agent contract forbids us to travel to Thailand to sell policies as our license is only applicable in Malaysia. Remote sales or not, the insurance contract is only legally binding when it is signed in Malaysia. |
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Jun 19 2020, 04:36 PM
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#4
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Senior Member
2,173 posts Joined: Jan 2012 From: Butterworth, Penang
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QUOTE(Kilohertz @ Jun 18 2020, 08:39 PM) how much difference between smoker or non smoker policy? How about someone has quit smoking 10 years ago, can declare as non smoker? If more than 1 year stop smoking, it is able to get non smoker rateHowever if suddenly go back to smoking or is a smoker, then please declare as smoker and pay a higher premium. The reason is that in the medical report, for lung cancer claims, the doctor will normally write the most likely cause of the cancer. You do not want your claims to be declined, for non declaration of material fact. |
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Jul 14 2020, 05:07 PM
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#5
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Senior Member
2,173 posts Joined: Jan 2012 From: Butterworth, Penang
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QUOTE(Ewa Wa @ Jul 13 2020, 03:20 PM) ILP and standalone about the same. Bcoz the cost of insurance of the medical card is increase as age progress. Standalone medical card may seem much cheaper now but 5-10 years later the price will be double to triple. So what happens to the policy if the fund/cash value suddenly drops like what happen in March 2020?Whereas, ILP you are paying more now and accumulate the cash value to help to sustain when the increment happen on the medical card and still pay the same premium. There is NO GUARANTEE that the policy holder will keep paying the same premium, even with ILP and especially true when the COI increases at older age > 70. |
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Jan 31 2021, 10:45 AM
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#6
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Senior Member
2,173 posts Joined: Jan 2012 From: Butterworth, Penang
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Closing this thread as it has surpassed 2500 posts...
Thank you for everyone whom had contributed to this thread << Insurance Thread V7! >> |
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