1,000,000 annual limit
RM2,000 - 6,000 yearly

This post has been edited by lifebalance: May 16 2022, 10:11 AM

Starts from 1,200 yearly.

how much is the minimum protection?

age 60

how much is the yearly premium?

hi plouffle0789, perhaps you can get a quote at fi.life
easier for you to know roughly how much the premium will be...

hi kucingfight, estimate RM200 per month for what you are looking for

Sorry it's best for you to seek consultation if you're looking for something customized.

I don't do this over forums.

thanks.....





holy shit, the AIA agent of my father is our relative


AIA
pay rm700 per year,but coverage only RM30,000



GREAT EASTERN
pay rm1700 per year,but coverage only RM50,000







2022 YEAR,NEW POLICY
RM1752 PREMIUM,BUT COVERAGE IS RM100K !!!!!

This post has been edited by plouffle0789: May 17 2022, 09:38 PM

the reason of premium difference is because of the different plan type.

the one your dad bought with AIA and GE comes with maturity value (highly likely). the one you see in fi.life is purely just for life insurance and its premium is based on age. so if you check further for the premium rates, you will find out that premium increases over the years. and for this term insurance by fi.life, there is no maturity/cash value/surrender value in it. i still think that the one your dad bought from AIA and GE is actually not that bad though.

You have been not informative about what you want and what you are looking for and what you have now. So i think the other 2 tried to help.

What i can see is... you are talking about paying rm40k for axia, paying 90k for city/vios and paying 200k for camry. Analogy only.

So what is your budget and what car are you looking for? Do you even need a car? Do you even know how is the condition of your current car? These are the questions you need to ask on your "car".

Hi there. I'm in a dilemma. Am living overseas for long term. Eg more than 10 years. I've no idea if I will get back to Malaysia. Is it worth continuing with my existing insurance policy? Or should I just cancel it and live with a higher insurance premium if I do return in the future?

If you feel that it's no point then discontinue and get a local insurance from the country that you're residing.

Otherwise you can get an insurance in Malaysia that also extends to the country that you are currently living at while it stills cover you when you come back to Malaysia.

i know the great eastern is life insurance until age 99

now inside have 10K dividend.
If now surrender the policy ,can get back 10K...


But the protection is so low leh...

only 50K

somemore no more 36 Critical Illness protection,until age 55 stop edi..
because this insurance buy on 1998 year.....


at the time, 36 Critical Illness protection is until age 55 .......

now my father age 60

so what do you want to do exactly ?

If you're trying to say that you want to "enhance" your insurance policy because it's outdated or you have additional needs, speak to financial advisors to get it sorted.

Insurance product changes overtime and normally will be enhanced better overtime to suit the different needs / unique situations.

Plan to go state branch and ask the staff to recommend an agent who is in this company at least 10 years and not more than 45 age


My agent retired edi...

i have a question about cancelling life insurance policy, maybe someone here can answer.
i have a life policy about 30 years ago , would like to cancel terminate it and get the cash value , as it is more than the policy payout . but when i inquire to surrender it , am told that i need to get the beneficiary signature as well else cant be done. problem is there is bad blood between beneficiary and me - so stuck at this . is there any way to go about this , surprise as i am the policy holder and paid for it all. so i basically have no rights as a policy holder ?

If there is a trustee appointed then you'll need their signature otherwise you'll not be able to proceed.

Are u sure the term they use is beneficiary?

in the surrender form - it is written Trustee

though i would understand it to be beneficiary , meaning upon death that would be the beneficiary,
i dont know how it is now called trustee

No choice u need to get them to sign.

This post has been edited by WaCKy-Angel: May 19 2022, 04:30 PM

Take a loan against the policy ... as much possible allowed. Thereafter let the policy lapse. You win and lose some.

Any suggestions ? So far i only manage to find Gibraltar BSN .