Hi all sifus,

Anyone experienced their medical card premium increased?

Am using Great Eastern, today I received an email that my premium will be increased.

However, I have 2 options: either to Accept or Reject the increment.

My question is, if I choose to reject the increment, will it affect my coverage in the future?

Thanks!

#hidupsusahsekarang

Reject. Now economy bad invest stock market.

When economy recover you buy insurance still not late o.

I already have medical card coverage.

The increment actually not to say a lot, RM 40.

But, I just want to understand the effect on my policy if I reject the increment.

This post has been edited by GTA5: Oct 29 2020, 10:27 AM

Which stocks is good to buy

My biggest regret in lifd is get scammed by insrance. I bought it when i am agr 23. Scammer product

The insurance i am selling increase every 5 years. So far the price still follow brochure.

Why I also bought at 23

insurance doesnt cover infectious diseases.

like COVID

Me same as you

Same company. I receive 2 months ago

How much they ask increase?

Do you purchased standalone medical card? Its best to purchase ILP plan medical cards where your premium will be fixed until contracted period.

Forgot liao. I don't care haha.

But my card is old d.

I think is time to review

Using investment linked (ILP)? If it is ILP and you choose to not increase the premium, then basically you just reduce the investment amount. The insurance charges still increase whether you increase the premium or not. Less investment = possibility of less profit/cash value.

Yes it will increase,
Every year increase,

I scared I anyhow spend money

So I bought big insurance for my kids and me...

30 y.o kids can received big amount.. Just ngam. For them to decide do business or kahwin..

I think mine must be ilp then coz they sent letter few months back to increase rm600.
I don't think I want to pay, crazy amount. If RM40 like ts I am OK.

If you decide not to increase your premium, your policy might not be able to sustain until a certain age and will lapse.

time for sunset oren to appear liao.

quote for the lol