Hello to all the sifus here. I was wondering what amount of PA coverage is considered decent / how do you all determine your PA insurance amount?

My existing agent (AIA) , keeps pushing the RM1mil coverage one, which I think is a bit too much and personally looking at the RM500k or even RM300k one.

Hi All,

I would seek some opinions from your guys.
My insurance policy being an orphan policy which the original agent already quit out from insurance industry. A*z company has assigned another service agent. However, when I deal with this service agent among these few years, all the while she do ask me direct write in email to CS or going branch office settle myself. Although she will answer my question, but reject to follow up and do documentation stuff. Some more recently she like annoying and inform that if I am not satisfy with her, I can request to office for change service agent. And, she said she is kind to accept me this kind of orphan policy without any commission. By the way, I have upgrade the policy among these year by attend myself to office, I'm not sure that it is have paid commission or not.

So, shall I request office to change another service agent? Is it the same situation will happen?

How I shall do if my policy become an orphan policy? If there have any emergency case, I have no idea contact who...

The branch office CS last time has told me that this current agent is the upline for that resigned agent.
If I request to change service agent, will impose any charge by insurance company?

Is there a way to change insurance agent ?
I just started paying for 1 year and half.

Thnx in advance

Sure not to the insurance agent. The insurance agent is rude and has bad after service.

Allianz. I'm just asking first.

What if commission transfer to other agent too ? Can't do that?
Sorry, I have no knowledge with insurance

Then is my bad for signing up with this arrogant agent.
Quite unfair really. Bad agents still be rewarded

I did not meet face to face with this agent. Recommended by my sister. I signed within 1 week. This is the wrong move I made. Hasty and desperate at that time. Now when it comes after service during pandemic he is very rude.

My salary is being deducted half now due to lockdown. So the premium is taking a chunk out of my salary per month (B40 lowest tier)
Cutting off the policy of 1 year half might help ? I don't know. I don't like that agent. I know there is no deferment in paying premium now.

To answer lifebalance, I was only asking but his response was no choice etc etc, if I go to hospital who will pay those sort of thing and asked me to stop talking about my job with what I paid for insurance.

Well yeah, maybe I am the hot headed here.

Yes my concern arised because of my salary deduction. Yes you were right. He was lack of concern and the way he wrote me those message kind of pissed me off.

He told me before that I could never deduct anything in my policy only adding.

It is a medical plan (Allianz Medisafe Inifinite Plus)
Basic sum assured rm100k. I pay monthly rm300 for 37y
Policy started Feb 2020. Here is a bit of screenshot of my summarised
Policy.

https://ibb.co/HFxD429

I'm concerned if I get any disease I am not able to pay for the hospitalization and treatment because of my income.

I hope I can contribute more down the road.
I have seen so many young and old people could not afford treatments after struck with disease. That is a horrible situation to face

What is ci/tpd?

Hi sifus,

I was approached by an old friend (lol) who's a GE agent. Was introduced to the SmartProtect Legacy Max.

My friend sent me a quote as per the photo below:

- Assuming I'll be paying RM 500/month
- Pay for 30 years


I'm 25 this year, non-smoker. I already have my own medical card (RM 300/month coverage 1.5 million with AIA) - was just wondering if this plan is ok or should I just politely decline my friend. I would really appreciate any expert opinions as I'm not so well versed with ILPs.

Thank you

Ask yourself this question
1. Why do you need such coverage in the first place?
What attracted me was the fact that at least my family can get a certain amount in case anything happens (touch wood)

2. Is this necessary?
At the moment...no. In a few years, maybe - especially when I settle down and have a family.

3. What was discussed that bring upon 500k as the sum assured ?
According to the agent 500k is the sum insured, he did not really explain why but he mentioned that for accidental death it's x2 (1million) if accidental death via public conveyance x3 (1.5 million)

4. What are you not sure about ILP?
Probably part of me doubts if it's really worth it in the long run....returns and all. Also thinking about my future lol

5. I can't comment whether this is for you or not if I don't even know you & your personal finances. [It's akin to asking me to prescribe you a medicine without even doing a diagnosis/consultation]
This is true...my personal finances are generally ok at the moment. Currently living with my parents, only paying for ptptn loan & medical card. I help with my parents' utility bills as well. No car or house loan at the moment (I'd like to keep it that way for now lol) overall I am still able to save about 50% of my current salary

Dear ckdenion, sorry I still confuse about the admission process of option A, could you pls help me clarify? 

Is it I use the company medical card to issue GL first, then when reach 70k, I request the hospital to separate bill, then I call my own insurance to issue GL, then claim the subsequent 10k on own medical card?     

Let say if my personal card deductible is RM20k pruValue Med (currently considering, can this issue GL?)
Can I use personal card to issue GL first, then I pay the 20k first, and then claim the 20k from company insurance with the bill, receipt and final GL?
So must one card pay and reimburse? Cannot totally cashless admission if want to use company insurance to support a deductible card izit?

Now I understand, previously I tot I only need to pay the deductible amount upon discharge, just whether can direct claim on other medical card. Rupa-rupanya have to pay the whole bill if use deductible card.
Thank you very much!

(Just realise probation got limit daily post)

Although I don’t like the hassle of reimbursement, but I willing to learn how it work to reduce my COI.

But when I understand then I know my main issue will be the ability to pay the bills first, can’t imagine if the bills cost RM300k, although company medical card pay 50k, still how can I afford the balance RM250k… where to find the money…

No choice, I think I only can opt for non-deductible one
Thank you for all the sharing~

I want to confirm when submitting claim for medical/critical illness insurance, how the insurance company check whether the claimant has similar insurance type with other company and whether they are making the claim?

When the insurance company knowing they are making the claim at the same time, will they will proportionate the claim?

Scenario 1: Incorrect
- if you use such method, 20k will not be reimbursed if you use your personal MC with 20k deductible. You are advise to claim from a non-deductible card first and claim back the balance as reimbursement.
- GL is only issued minus deductible amount that you're suppose to pay to the hospital. (i.e you'll have to pay 20k first, GL covers for only 30k)
- The only method to fully claim without doing reimbursement paperwork (unless exceeded on the amount allowed by your policy) is to use the same insurance company for a. Medical without deductible (PMM) + b. Medical with deductible (PVM)

My policy can be under GL even if deductible 5k 10k 15k. At least that was what i was told. Not all deductible plans have to be self pay. But i am not familiar with pruvalue med. Unless you are pru agent?

I think GL is issue based on estimated medical procedures and deductible.

If your deductible is for example 10k and your estimated procedure is 9k, I dont think GL can be issued. In the event the total bill exceeded 10k, then you need to submit a claim.