Halo friend,

What you pay is what you get. It is good for low budget plan.
Honestly RM270 barely can get good medical plan for individual age over 30.

Just spend more time to read the T&C. You are looking for protection, not comparing price in wet market.

Anyhow, start low better than zero
Choose what you afford and understand the pros & cons. Then plan ahead for future.

Halo friend, you can't guarantee employee benefits no change forever right?

Regarding your exiting medical plan, do you know how much medical fees annually? Any lifetime limit? Any limitation for kidney dialysis & cancer out patient treatment?

Then ask your agent what's the different & benefits if top up another RM200.

For medical plan I always concern the investment cash value return for the sustainable years.

Halo Anwa,

Most of the medical plan now "renewable, valid till" till 99yo / 100yo.
But doesn't mean your current premium sustainable till that age. Insurance charge will raise from time to time.
Some of my friend's plan only sustainable till age 60 but policy renewable till age 99. Meaning to say company will ask for premium top up soon. If he refuse to top up... by age 60 he got to pay a lot more higher premium.

My personal preference to quote buyer sustainable plan till 80yo with certain amount of estimated cash value by that time. In order to have room against raise of insurance cost / slow investment market return.

No right or wrong to choose 99yo plan. Some of the just want to cover till 70yo. Saying no need treatment after 70yo
We advise .. You decide


Halo Thomas,

Sounds like PA right? Yes only accidental causes. And accident death.
Other claim of injuries follow a table by percentage of sum assured.
Such as lost of 1 arm **%, lost of both arm 100% etc.
We can't answer without knowing what you sign up exactly.

Better look in your policy for more info.

Get any agent to help review for you will do

GE Great Generation Care Plan.

We call it 3D protection.
- Death
- Disability
- Decease

You will get your sum assured claim if death or TPD or 45 Critical Illness.
If nothing happen, by age 80 you will get total premium paid or sum assured which ever higher.
**Got guaranteed cash value/ surrender value

Due to GE campaign offer, this plan is cheaper than other GE Critical Illness Plan with same coverage.

The best is free 20% sum assured for you kids or FUTURE kids till age18. Cover 45 CI + 11 Children illness.

some example sharing.
Female 30NBD, RM200/m get RM168K sum assured
maturity age 80 she paid RM120K, return is RM168K

If your children pass age 17, they are eligibility for the plan.
RM80/m can get RM100K sum assured. Best part ... cover your future grandchildren for free.

Parents rider is options. Need top up for it.
Still good if age over 70 below 80. Cover till age100.

This post has been edited by tyenfei: Mar 13 2020, 10:08 AM

Halo friend,

Quote require following basic info:
gender
smoker / none smoker
accurate age. example 35 NBD (meaning you are 35 this year but haven't pass birthday)
type of work (risk calculation)

better to have monthly budget.

Halo RigerZ,

Any reason why you feel so bad about investment link plan?

SPE2 is medical plan from GE. With sum assured coverage (consider as life).

Premium Waiver - This allow you to continue enjoy medical plan for free if you encounter TPD / Critical illness event.
Critical Illness - depending the sum assure allocated, for you when hit by 45 critical illness
Smart Medic + SMX - the medical plan. minimum RM990K annual no lifetime limit including kidney/ cancer.
Hospitalisation Benefits - pocket money if admitted to hospital. amount depend what you sign up
Smart Early Payout - this one work with CRITICAL ILLNESS. Payout partially in early stage when you hit by 45 CI.

Can help review if got more information.

1st of all. SPE2 is medical plan as mentioned before.
If you need the critical illness coverage then basic sum assured apply. This part share with LIFE/TPD. That's how this plan designed.

If purely compare price confirm higher than normal standalone.
If compare benefits then much more than standalone.

Example you only plan to take medical cover for 5 /10 years then left the country .. standalone much cheaper especially if you are young.
I'll encourage youngster to get this if they really out of budget. Start low better than ZERO.

Reminder the cost getting higher and really costly over age65. Many give up by this time. You have to pay yearly or half year. No monthly allow.
Imaging if RM6000 yearly and keep on increase.
I check current cheapest option age65-70 RM6000.
age71-75 RM9000
age76 ..over RM13000

Why market got ILP medical plan?
1st, can add waiver rider. Free premium if TPD/CI event happen. Standalone no. You got to pay every year.
2. sustainable premium till old age. even if cost increase still much cheaper and affordable.
3. optional riders can be add in your plan. what you get is what you pay. at least you got the options.

Eventually the total amount paid by both Standalone and ILP plan is about the same at the end. Anyhow ..Standalone got to pay much more if you longevity

Suggest you meet with your agent. Get him/her explain to you pros and cons both plan face to face.
Reading here might not able to give you full picture.

Wish all of us have a good monday

This post has been edited by tyenfei: Mar 16 2020, 10:59 AM

Halo RigerZ,

Even I myself as GE agent can't "judge" you are having the best option or not. Because "best" base on multiple factors and personal availability cum budget.
Further more we are not able to see/ review your policy information.

Suggest you have to talk with your agent. Open talk shd be good for both of you.

Technically the plan seems covered most you need. Enough or not will need review.

Depending which company and what extra policy they offered.

If you talking about test positive and treatment period ... found this sharing over FB.



If your medical plan got government hospital benefits, the daily cash shd be add in.

If death ..then follow the life assured insurance policies in your hand plus the extra benefits as above.

A few questions you might consider ..

How much you can save? 10K? 100k? or 1Mil?
COVID-19 is your only concern to buy medical insurance? How about dengue? accident? other illness?

For long terms as specially coverage during old age I'll always say ILP medical is the best choice to invest early. As young as possible.

Unless you really tight budget, then I'll say start low better than zero. Get the standalone as is cheap during young age. But much less benefits and high cost when get aging. This is for short term plan.

As mentioned before. Latest update by 15th Mar 2020, 5 insurance companies give extra benefits for those affected by COVID-19.
Some need you to have certain criteria.
for GE, extra coverage given as long as your are GE policy holder. Regardless life / medical / traditional / stand alone / ILP / wholelife or special campaign..

Please refer to few post before for info. Or contact your agent for clarification.

Halo rapple,

I'm sorry if the word "invest" too sensitive here. We can't deny this is how ILP work as you already know. To cover extra cost in future so you can enjoy the similar premium during old age.

Suggest you compare how much you need to pay when age 60 - 70
Try see both ILP & Stand alone scenario start from now.

For your information, my sister signup GE stand alone medical card with us. Also helping a few friends get stand alone as well.
We always compare both ILP / Standalone pros & cons, explained the major different.
Then advise according to individual budget and needs. We don't die die promo ILP only.

I'm not sure how other "misleading" or "dishonest"
They are facts and chart to show how both plan work. May be they drew and talk without official quote. hm... may be they quote you highest plan. Sorry to know that.

Yes if you compare commission ILP higher than stand alone. Same equal to coverage and some important features. Example, waiver benefit.
We can't deny some family need that.

As for claim, is agent's duty to help follow up. Even submit the claim form personally.
We got agent portals and inbox for customer info update to follow up. Shouldn't be complicated.

I do have tough claim experience for mom in law case with HLA before, luckily my insurance friend (not HLA) help a lot. That's one of the trigger point we pick up to serve.

Your ILP "investment" or we call is cash value won't burn if you plan to get from another company. Agent told you burn?

Usually advise to keep the current plan for 4 - 6 months. Then can terminate and withdraw.
They are reason to keep till 12 months as well, depending individual situation.

Halo SwarmTroll,

A bit hard to say which is cheap because both plan contain different type of riders. That's make the premium different in general.
And the end of days during old age, you will see the different very much.

Stand alone less rider. ILP usually more riders. Is fair because of more field covered.
So stand alone cheaper during younger age for sure.

To have a better picture. Suggest you get official quotation for both Stand Alone & ILP medical.

Let say if you are age30 male smoker now. Get the both type of quote from different companies.
Compare and check premium from age30 till age70.
COI can be see as well.

#Stayhome #Staysafe #Staystrong

Halo Zoo How,

Assuming you pass age23 birthday, with monthly budget RM200 yes you can get GE medical plan for CI, TPD/Life, R&B , HB with annual renew medical.
But definitely ILP.

If you have budget issue, cheapest GE stand alone medical for your age around RM900. Got to pay half year or yearly.
Purely medical, R&B.
https://www.greateasternlife.com/my/en/pers...t-extender.html

According to LIAM & BNM, yes but have to apply with T&C.

Basically for Policyholders / Certificate holders who are affected directly by the COVID-19.

For GE, Official statement is "Policyholders who have been infected by COVID-19 or under mandatory home quarantine or suffer loss of income as a result of economic impact of COVID-19."

Check with your agent for info.

This post has been edited by tyenfei: Mar 30 2020, 02:44 PM

Halo friend,

Will need more info for quote & proposal

Husband age 33 pass birth date? Occupation info?
wife age 28 pass birth date? Occupation info?

Ýou may take a look GE Smart Protect Junior

https://www.greateasternlife.com/my/en/pers...ect-junior.html

Good day friend,

You can get multiple quote to compare.

Even in ONE company got different type of life insurance benefits.

Some life product plan got capping limit for accident death.
Example you take 1M coverage. Accident death in public conveyance suppose to 300% of your sum assure
which is 1M x 300% =3M
BUT the life policy is actually CAPPING at Maximum 2.5M

To get quote you need to provide age(exact birth date)
Gender / smoker / non smoker / occupation and brief info.

#StayHome #StaySafe

Halo CK,

Not GE policy. From .. one of the A

To be correct, it is the accident death benefit capping.

As we know most Life ILP plan got extra 200% / 300% some even 400% for accident death.
Somehow I received a quote from customer, I saw the accident death maximum cap at 2.5M.

She ask for 1Million life sum assured. Public conveyance is 300%. The RM2.5M cap affect here. She won't get RM3 million claim in this scenario .
No issue for RM800K and below sum assured.

... so this is why some telling insurance cheat because they miss the T&C.

Suppose to be yes. provided both of their personal information are similar and taking the same plan.
Including next of kin heath history (any cancer record for example)

Always a "BUT" the same plan may not exit.
The Standalone plan John took in 5 years back might not exit. Bob have to take a new version of Standalone plan. Different COI may apply.


as cherroy reminded, is not about cheaper premium or not. Insurance is about having a period time of protection against risk.

Bob may be lucky saving a few thousand for 5 years.
But also taking risk to pay hospital bill using self (ATM card/Credit card) or ask John for help.

It is good to have company medical benefits. Anyhow, always a limit there. No matter reimbursement outpatient or hospitalization.

Do you know how much company coverage? Try imaging a few scenario then you can figure out.
- if appendicitis, how much may cost
- if cancer, how much may cost

Do take note, if you change of job. The benefits gone.

Suggest you ask for 55Years old medical insurance quote according to your personal info. Roughly can know the cost by that time (inflation need to be add)
Hopefully no health issue / serious illness record, so you still can get protection.

*my opinion, get personal medical plan which can cover till old age 80+/-
You still need it when company medical quota finish.

My opinion, it is not ok if I look into the benefits.
It will be ok if the premium just fit your budget. Something better than nothing.

Suggest you can some new plan quote and compare.
Better to have full policy review. Current policy any cancer claim limit? Kidney treatment limit? co-insurance?

My concern, if your girl contacted by 36 CI .. her medical plan will stuck forever annual limit RM200K.
Yes she got the free medical plan due to waiver. But she still young, medical charge increase from time to time.

Try check out the cancer cost by RinggitPlus year 2018 here:
https://ringgitplus.com/en/blog/sponsored/c...es-it-cost.html

A full policy review might help you.
New plan critical illness more than 36. Upgrade or take new
Just check out the cost and benefits 1st. Compare and decide base on budget.

Most important, you and family understand the situation. No choice if budget tight, just don't regret if affordable but didn't take action.