Hi, this is my current ILP plan. (Pic Attached)
I'm thinking of increasing my Annual Limit on the Medical Card & adding Riders.

I'm speaking from a GE agent which i think i can give a better suggestion:-

1. If I wish to increase my Death/TPD or CI coverage, would it cost less to upgrade my current Rider or to buy a standalone Term Life Online Policy (until 80yrs coverage)?
2 different policies as term and ILP. More precise you need to do a cost of insurance comparison only can tell which one cheaper to go for instead of simply answer you.


2. Can I upgrade my current plan to the Smart Medic Million + Extender & upgrade my Riders, Without Underwriting again ?
You can upgrade it but MUST underwrite again.


3. Would it be better to collect my surrender value & change to Allianz Medisafe Infinite+, as it provides better additional benefits (20% NCB Discount & Traditional Medicine/2nd Opinion) OR should I just continue with Great Eastern because I've already paid the Agent's fee ?
You should continue with GE as u said paid for the commission and this SMX rider still a good medical plan, you just add in Smart Extender (SE), to make ur annual limit from RM144K to RM1.2mil annually. (get more advise from ur agent). By adding this SE, any admission still have SMX to go for.


4. A relative of mine has an AIA Excelife Whole Life Policy.
Is it possible to Withdraw the Cash Value & still maintain coverage by paying the premium annually ?
FYI, whole life has cash bonus not cash value (traditional plan). Yes, whole life can withdraw all the cash bonus and just pay the premium.
Cash value only for ILP plan. ILP only allow to withdraw certain amount of Cash Value but not all.


All research so far says No, however, an Insurance Agent, said Yes. I'm wondering if he's confused Whole Life with ILP ?
Apologies for so many questions.
She/ he definitely confused.

Thanks in advance, been researching Insurance for the past 3 days. I'm confident I can explain insurance policies better than 50% of Agents
<a href='https://pictr.com/images/2021/10/31/BVwdQ6.md.png' target='_blank'>https://pictr.com/images/2021/10/31/BVwdQ6.md.png </a>
<a href='https://pictr.com/images/2021/10/31/BVwuDq.md.png' target='_blank'>https://pictr.com/images/2021/10/31/BVwuDq.md.png </a>

Thanks.

I'll most likely switch to a new insurer, as I'm not really bothered as to the savings option in the ILP (just changed to Fixed Return Fund, my previous fund had a CAGR of 0.3% after 7 years ), and the NCB would probably cover the Agent's Commission in the long run.

Is there any standalone Medical Card that has annual limit of 1million or more & Guaranteed Renewal ?

Hi,
Good day. Want to ask, is there insurance plan like cover critical illness until age 80 ke. But you pay until certainage 65 like that..

Ya, got

Hi,
Good day. Want to ask, is there insurance plan like cover critical illness until age 80 ke. But you pay until certainage 65 like that..

Add in Smart Extender (SE), to make ur annual limit from RM144K to RM1.2mil annually. (get more advise from ur agent). By adding this SE, any admission still have SMX to go for.
Can this be done without underwriting ? Doesn't the SE cause my coverage to have a deductible ? (Image 1)
Still need to go for underwriting, This SE will only comes in after ur SMX limit exhausted. The excess amount from SMX. E.g: total bill RM 200K, SMX will cover the 120K and SE will cover the remaining RM80K.

FYI, whole life has cash bonus not cash value (traditional plan).
This may be a Traditional Plan (purchased in 1992) (Image 2)
Am I right to believe that this policy will either:
A) Pay only the Face Value OR
B) Pay the Surrender Value
The original policy contract, to my understanding, states that it will pay out the Face Value / Surrender Value
OR may be converted into Fully Paid-up / Extended Term-Life

However ur image 2 is still SE rider explanation.

Am I right to believe that this policy will either:
A) Pay only the Face Value OR
B) Pay the Surrender Value
This right because surrender value can be higher than face value. So they will pay whichever is higher in traditional plan.

Image 1 : <a href='https://pictr.com/images/2021/11/01/BVWIlB.md.png' target='_blank'>https://pictr.com/images/2021/11/01/BVWIlB.md.png </a>
Image 2 : <a href='https://pictr.com/images/2021/11/01/BVWbfc.md.png' target='_blank'>https://pictr.com/images/2021/11/01/BVWbfc.md.png </a>

any HLA agent can PM me, wanna surrender my mum policy

any HLA agent can PM me, wanna surrender my mum policy

any HLA agent can PM me, wanna surrender my mum policy

Hi guys, is there any fixed premium for standalone Critical Illness plan? I read that premium for standalone CI plans are usually not guaranteed unless it is tied with Life Insurance

This is the statement for the Whole Life plan. Can you confirm if it's Traditional Whole Life ?
Thanks
<a href='https://pictr.com/images/2021/11/03/BV2Vpn.md.png' target='_blank'>https://pictr.com/images/2021/11/03/BV2Vpn.md.png </a>

This is the statement for the Whole Life plan. Can you confirm if it's Traditional Whole Life ?
Thanks
<a href='https://pictr.com/images/2021/11/03/BV2Vpn.md.png' target='_blank'>https://pictr.com/images/2021/11/03/BV2Vpn.md.png </a>

This is the statement for the Whole Life plan. Can you confirm if it's Traditional Whole Life ?
Thanks
<a href='https://pictr.com/images/2021/11/03/BV2Vpn.md.png' target='_blank'>https://pictr.com/images/2021/11/03/BV2Vpn.md.png </a>

This is the statement for the Whole Life plan. Can you confirm if it's Traditional Whole Life ?
Thanks
<a href='https://pictr.com/images/2021/11/03/BV2Vpn.md.png' target='_blank'>https://pictr.com/images/2021/11/03/BV2Vpn.md.png </a>