Question, if upgrade from existing medical card Prumed (2009-2020) to Prumillion, is there still required 120 days waiting period? Within this period, is there any coverage?

Now the proposal approve and endorsement issued, but i didn't declare 2019 and 2021 blood test result, i need to concern ?

This post has been edited by wong_86: Oct 7 2021, 02:52 PM

Then why not add in SE so ur annual limit 1.32mil. Yes fall back to old card due to waiting period. No didn't hold 2 cards, covert the SMX to SMM in the existing SPE2 like what u are doing now. Some how still have this waiting period involved especially for chronic illness like cancer, kidney failure which take longer time to develop and not happen in these 4 months. Which u would like to take note on.

Call the number I have given you just now, they can explain better. Cross finger these 4 months u r healthy so ur conversion is successful. To be frank holding 2 cards not economically la if u r healthy now.

Because you'll be subjected to the same waiting period of 120 days for the new upgrade. If any claim arises during the waiting period, it will fall back to your previous old plan benefits.

For PruMed to PruMillion Med, you'll be subjected to 30 days waiting period for the new upgrade. If any claim arises during the waiting period, it will fall back to your previous old plan benefits.

Just declare accordingly and provide any reports to show if there is any abnormality, otherwise, don't have to if everything is normal & just some yearly check up.

This post has been edited by lifebalance: Oct 7 2021, 03:18 PM

Your coverage should fall back to your previous benefits should anything happen during the waiting period.

For your benefit, I suggest you consult your servicing agent on the matter above for more clarification.

Best,
Jiansheng

Wait for Ping325 to answer you this.

This post has been edited by Ewa Wa: Oct 7 2021, 02:56 PM

that's good also, SMM+SMMP is about 14% higher cost than SMX+SE, with almost similar benefits.

if i did claim in the 120 days waiting period, what will happen to the new plan which i purchased? will be rejected/put this particular illness under exclusion list?

For that matter, it'll be up to the insurance company if they are pushing for any investigation on your claim request.

hi wong_86 As long as you don't surrender and purchase new then it is ok , nothing much to worry about.
upgrade / downgrade no issue , follow back your existing coverage

hello there.

just want to ask. I am in late 30s. Want to subscribe to medical card for retirement use only as now medical being covered by company I work now. Is it possible?

I would say that is a good idea.
For the current protection n benefits provided by the company may not be enough too.
Just prepare extra financially for retirement as the insurance premium may have increased alot when the time you retired

Yeah there is.

@ping325, ok bro, forgot to mention, i also add one TMCC inside policy.
Anyway , thanks for all the advise.

This post has been edited by wong_86: Oct 8 2021, 10:35 AM

Is either get now or 55yo.

The risk you may want to carefully consider when subscribing during retirement:-
1. What if you have changed to a new company which didn't give any medical coverage and suddenly in need to use one?
2. What if diagnosed with some serious chronic disease e.g cancer, kidney failure. No longer able to get insured.
3. What if upon reaching 55yo and you found it too expensive some loadings and exclusion?

We can't calculate the risk of health when to fall sick or fall sick in the right time

So get one while healthy is vital.

Some companies offer medical card with high deductible up to age 55/60, then lower the deductible after that age. This would be ideal for you.

This will greatly reduce the cost of buying it now.

Hi all,

About the deductible card, if I choose high deductible amount due to company provide medical benefit, then what if the benefit no longer available due to policy change/change company. What can I do?

Let say I choose a card with 20-30K deductible now, I don't think I can cover the amount if 1st card not available. Please advise.

You can apply with the insurance company to reduce the deductible amount (subject to availability) & subject to your health status.

Otherwise, pick a deductible amount that is suitable for you over the long term.

thanks for the info.

Since most ppl will get health issue when old especially during retirement, so the company might reject you due to that. Really helpless if in that situation.

There are retirement options whereby you'll need to wait till age 55 - 60 before your plan can be converted back to zero deductible. This would be a feasible choice.

For now i find that got 2 company with deductible and have no claim discount.
Both of this will be useful to reduce the premium since we wont use it much cause have company card

Hi, a agent from HLA tell me the same thing some critical illness will take long time to develop so better after 2 years then no problem to claim.
If after 4 month which is the waiting period then company will investigate.

Lets say a person very healthy and no any symptom during the 4 month period then on the 5th month suddenly got pain and see doctor and he said cancer
So will have problem when wan claim for medical and CI coverage?