Thanks, mini orchard.  Yes, please share your contacts. Can PM me if you prefer.

I can't give you advice cause you need to decide what is best for your own money.

I was with GE for one reason because their total premium for standalone is cheaper than AIA if I choose to cover until 80. Yes I count my premium. But then I exercise my cooling period within 14 days of buying my insurance. Why? For 2 reasons.
1. You see I have friends working in private hospitals and I asked their opinion, among all the insurance which you guys deal with, which one is the one most problematic (denied insurance or ask lots of questions)
The answer came out to be cuepacs care and GE. I was like if it is one person saying it, it might be nothing. If 3 people telling me the same thing, something is not right. Don't get me wrong about GE, they do approve your GL but the way they asked lots of questions and try delaying your admission shows they are "not sincere". Yes even simple food poisoning GE asking reasons for admission.
I then asked them the next question. Which do you guys prefer? They tell me AIA or prudential. Usually no questions asked as long as you pay on time and in full (insurance not lapse and you let your insurance mature 2 years). Since prudential have no standalone and I am not getting an ILP after all the research I found, AIA it is.
For me very simple. I am honest with my insurance company, already pay on time and in full. I want to be covered when I need the coverage. I expect them to honour their part of the bargain as I already honour mine.
2. Saw the news about GE denied someone their cancer payout in the news just because they didn't declare anxiety? Yeah. That. What does anxiety got to do with cancer? Maybe got I don't know.
https://www.thestar.com.my/news/nation/2021...surance-company

What should you be need to be aware of if you buy a new standalone plan from GE?
1. You no longer have investment part to cover your insurance premium. You are now your own ILP. You are not paying anyone to manage your investment part anymore and you want to use your insurance when you are old right?
If you cannot pay your premium when you are at 50-80 years old (the time when you will use the insurance the most), then how are you going to use your insurance?
So if you were to go down the standalone route, whatever savings you have dump it into EPF (the difference between paying for standalone premium Vs ILP). This is the easiest way for people don't want to invest overseas or think about opening foreign brokerage. Do not spend this money in any way. Many people spend this money. This is you doing your own ILP without paying additional fees and you are getting more or less fixed 5%p.a (being conservative here).
At age 55 years old, you can take out your EPF money and slowly use it to pay your insurance premium. If you have been doing this regularly every year until you retire, you have quite a large sum. The large sum can sustain your medical insurance until it expires or you expire. You got RM100k by the govt. Use it if you want.
Remember by going ILP route first 2-3 years only 60% of what you pay is premium and investment. The rest is commission. So you lose 2-3 of compounding already.
2. Any new medical insurance does not cover any existing illness. If you got any existing illness, read back mini orchard post to see if you want get new insurance.
3. You likely will get back less money than you paid for your ILP. Cause as mentioned money paid out as commission already and possible market loss
4. Waiting period of 2 years. This applies to all medical insurance. Apart from viral fever, dengue and accident, all insurance have the right to ask you to pay and claim first if you want to use the insurance within 2 years. During this waiting period, by asking you to pay and claim first, they are trying to dig up info and see if you committed any fraud.
5. You lose access to premium holiday. Unlike ILP you can choose to not pay for few months and insurance won't lapse. No such thing with standalone. You don't pay within 30 days of deadline, it will be lapse. If you pay after the 30 days, your waiting period starts again. No issue if you are a good pay master.
6. There is no cash value in stand alone medical insurance. It's money burn yo. Some people cannot accept this fact. Only way to get your money back is get yourself admitted. There is no other way.
7. You lose your rider like your life insurance, critical insurance, waiver if you have them as it is now a pure medical insurance.
8. Be prepared for the premium increase as you age. What you see is generally what you pay. Increment is normal. You cannot run away. Embrace it. Prepare for it. But on the upside you are not subjected to more increase if market is not doing well cause as mentioned you are your own ILP now.
9. The above stuff about GE.
10. You save on management fees as you are not paying annual management fees for your unit trust anymore.

Hope this help. Again sorry for the wall of text.

hi mini orchard, more like agent didn't put effort to find out. by right, you should be informed of the reason of the GL decline. btw the medical card that your spouse is currently using is already more than 20 years?

Surprisingly they are ok in Singapore. Talked to few agents in Singapore selling other company insurance they told me Great Eastern so far no issue in Singapore.

Maybe can do outpatient?

under what circumstances ins co will ask pay 1st claim later?

What i understand is if ins co issue Guarantee letter to hospital, then thats mean we no need to pay anything except the small fees (should be the so call deductible)

So your spouse case is they dun issue Guarantee letter to hospital? and ask you to pay everything then later only submit to ins co & claim?

Ins Co have all the rights not to issue guarantee letter?

based on my experience, company got no rights to decline GL because you don't agree to the premium increment. if you don't mind to call the hotline on your medical card, you can actually call and ask. remember to record down the conversation. the reason of decline must tally with what is stated in contract document for example:
1. maybe got premium due
2. policy on premium holiday
3. condition is fall under exclusion clause

find out first before having the thought of cancelling the medical card and purchasing a new one after the op. if it falls under exclusion clause, then likely even you change to another medical card, same thing will occur again.
hi Rinth, insurance company got the rights to not issue GL and ask us to pay 1st claim later but not without reason, there will be a reason, need to find out either via agent or the GL hotline.

From what I know
1. Usually still under waiting period 2 years
2. Questionable admission. Eg they know it is daycare stuff but admit?

Actually wrong. There are some stuff not covered by GL. Supplements, vitmains, experimental drugs, investigations which don't tally with what you are admitting for, plus some small stuff.

Yes. That is correct. So you pay first and submit. They can then investigate and see if want to pay you.

mini orchard wow. That is a very steep jump for ILP.

based on my experience, company got no rights to decline GL because you don't agree to the premium increment. if you don't mind to call the hotline on your medical card, you can actually call and ask. remember to record down the conversation. the reason of decline must tally with what is stated in contract document for example:
1. maybe got premium due
2. policy on premium holiday
3. condition is fall under exclusion clause
4. non-disclosure
5. contestable period (we can exclude this since you said the policy is more than 20 years old)

find out first before having the thought of cancelling the medical card and purchasing a new one after the op. if it falls under exclusion clause, then likely even you change to another medical card, same thing will occur again.

You can still claim from ppum. Just recipe from ppum. Maybe RM50-100 only? Unless you do under plum private branch.There is govt and private branch. It's whether they want to payout when you file your claim is another question. Claim can always be submitted. But payout subject to approval by insurance company.

there is no exclusion for lipoma. i think to be precised, this day care surgery is not covered under GL. if it's under exclusion, you can even demand for the exclusion clause from the personnel. but from my understanding, no, lipoma is not in the exclusion list.

whatever is claimable/non-claimable is exactly same as admission. yes even pre/post hospitalisation consultation/medication is claimable. btw, better to clarify, what is the medical card name that your wife has?

the plan of the name is Great ProtectLink. what about the medical card name?

is it IL Health Protector?

okay, good that you have the letter. likely is due to day care surgery for lipoma excision. i did this claim before but for Prudential, also file and claim basis. so i assume the surgery is not yet done based on what you mentioned? did the size of lipoma grow from diagnosed till now (around 8 months+?)?

my friends dad 40 years old didnt purchase any insurance card. can he still purchase although he is healthy?

Has any agent here registered a client with "sleep apnea" before? Has it caused problems when getting insured? I have snoring problem but scared to do sleep study and find out the result because may affect my future insurance applications.

Possible, but lapse is only one or two yeas, so highly unlikely the the account value had dropped to 0, mind you this policy is from 2007; if it did drop to 0, their fund manager must be really, really shitty.

Self diagnose. Just worried if i do a proper test the doctor will recommend CPAP machine or surgery which may cause problems with future insurance?

Hi guys,
I just wanna make clear again, that the purpose of Life Insurance is not for any sort of returns. The same goes to ILP as well.
ILP exists just as another option to serve the upper-middle market segment and up, as a whole-life non-participating product.

It also does not mean that those in the upper-middle market segment and up cannot access products like a Term Life insurance.

I hope we can steer this great thread back towards needs-based, rather than going off on a tangent, needlessly pegging one product against the others.

I mean, we don't see supermarkets trying to convince anybody why GMOs are one way and organic or local produce are another way kan?
They just have it there, as an option for those who prefers or has certain dietary habits/requirements to get it.

Same goes to just about everything else in our lives la kan.
Can a rich person go squat at roadside stall with me? Can mah
But can I day day spend 3-400 drinking with top 1% people? Cannot mah

The problem is MOST agents are only pushing for the ILP, whether rich or poor.

I said most. If you are not, good for you.