Same here but mine increased by 25%. PruBSN Takaful.

Don't BS lah. Which agent told you that?

I think mine is ILP, it has Lion Fund invested.

Got the message this morning too. Sigh just accepted

Insurance is a legal scam. You pay a premium of RMx under the assumption that your chances of having to use it is so minimal that the insurance company probably only pays out to less than 5% of it’s total clientele. Despite such fat margins they still see it fit to increase pricing whenever medical costs go up and even actively do their best to deny claims.

While economic is in bad time, they should reduce the premium instead of increasing . Can be bring this up to BNM or goverment?

Mine from Great Eastern, ask for RM370 revised increment

Like that lo.

I worried if I (touch wood) suddenly get sick, at least the medical card will cover hospitalisation expenses.

Yala. Increase at this critical period.

It's like smacking your face when you are already down.

I think there will be a number of insurance policies that will lapse due to unable to service the premium.

Damn, that's a lot.

Per month?

I left mine at the previous rate. Most companies have medical. Touch wood if something happens the plan is to max out the company medical before using my personal one.

Wen selling to u, agent promis d sky. Wen wanna claim, single dust oso hard to get.

I guess rm370/mth is new premium after increment, not the increment amount

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This post has been edited by Quang1819: Oct 29 2020, 10:08 AM

Ask ur farking agent la

Thats why u pay them comm right?

its so funny, can cum k and rant but cant spend time to read the terms and conditions of a policy! you buy car also will understand the specs and price of the car first what!. yawnzzzz

This is patently untrue.

If the investment goes south and there isn't enough to cover your premium, they'll ask for a top up.

Haven't yet received any letter on increase.
But when I do, I'm just gonna cancel my insurance.

Only my youngest daughter, 1 year old policy kena. Add rm20 per month. I choose to accept.

You can let it be without adjusting. It will impact your final payout if everything goes well, at the end of your policy. Thats because part of your plan is invested to beat the inflation. What happen is, they will allocate more from investment back to medical to cover, hence impacting the final payout. Unless, yours is pure medical card. In that case, im not sure.

So depends on how much your increase, and hows your financial especially during covid

My dad bought life insurance for me while I was in school. Until today they keep changing payout. I doubt we will get much as 10% of what we sign up.

So many poor and stupid don't like and don't understand the purpose of insurance lol... Just reject. No need insurance. That way your children will stay poor and stupid like you.

Aiya, you know la, agent of course will ask you accept the increment.

Soemtimes ktard can give me better info ma hehe

I no rant la boss, just asking ktard opinion oni