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 Insurance Talk V7!, Your one stop Insurance Discussion

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ping325
post May 27 2022, 10:09 PM

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QUOTE(ys671 @ May 27 2022, 09:55 PM)
Guys, i know what this form for. My main question is, is this compulsory to sign? From what others reply here, it looks like this is optional. Haiz. Always met dishonest agent.
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Optional bro. You can choose to agree and opt in or choose to ignore and dont opt in.
So the answer is it is not compulsory to sign , changes to policy details cannot be enforce by prudential without customer consent or signature.
lifebalance
post May 27 2022, 10:50 PM

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QUOTE(ys671 @ May 27 2022, 09:55 PM)
Guys, i know what this form for. My main question is, is this compulsory to sign? From what others reply here, it looks like this is optional. Haiz. Always met dishonest agent.
*
This is not compulsory to sign if you don't agree with the revised TNC as I've mentioned earlier.
denion
post May 28 2022, 10:06 PM

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QUOTE(ys671 @ May 27 2022, 02:32 AM)
My agent came and give me a form below named Revision in Exclusion Clause Reply Slip.

[attachmentid=11160404]

After i read, i decided to not sign it but my agent tell me it is compulsory? Is this true?
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QUOTE(ys671 @ May 27 2022, 09:55 PM)
Guys, i know what this form for. My main question is, is this compulsory to sign? From what others reply here, it looks like this is optional. Haiz. Always met dishonest agent.
*
hi ys671, this form is not compulsory to sign. However it is good because with the removal of that exclusion, if you are admitted to hospital due to covid category 3/4/5, your admission can be applied with Guarantee Letter (aka cashless admission). Most of my friends are so willing to sign this for their own good. wink.gif
sben525
post May 31 2022, 09:36 AM

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any travel insurance can cover covid? and how to cover it, hotel fee?
lifebalance
post May 31 2022, 09:38 AM

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QUOTE(sben525 @ May 31 2022, 09:36 AM)
any travel insurance can cover covid? and how to cover it, hotel fee?
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Yes, got cover.

Wherre are you travelling to?
sben525
post May 31 2022, 10:22 PM

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QUOTE(lifebalance @ May 31 2022, 09:38 AM)
Yes, got cover.

Wherre are you travelling to?
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still in planning for japan, may i know how to cover covid? if quarantine, hotel fee and change flight is a big cost
lifebalance
post Jun 1 2022, 09:43 AM

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QUOTE(sben525 @ May 31 2022, 10:22 PM)
still in planning for japan, may i know how to cover covid? if quarantine, hotel fee and change flight is a big cost
*
Travel insurance will have an option to add-on.

And yes, you can be reimbursed for your air ticket, hotel, tour package or admission.
sben525
post Jun 1 2022, 10:47 AM

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QUOTE(ping325 @ Jun 1 2022, 09:27 AM)
Nowadays most of the airlines got provide complimentary coverage but small amount only like 1k/2k.
you can refer below.
[attachmentid=11164562]

If you really want to cover for higher limit like > 100k then need to purchase from insurance company.
Example as below :
Travel Insurance
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1.8 : ELITE A - per individual 2000, mean max RM2000 for whole trip?
MUM
post Jun 1 2022, 11:20 AM

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QUOTE(sben525 @ May 31 2022, 09:36 AM)
any travel insurance can cover covid? and how to cover it, hotel fee?
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Googled n found this,....

Your 2022 Guide To Travel Insurance With Covid-19 Coverage
https://www.google.com/url?sa=t&source=web&...-BGi3VWq0DUTkef

This post has been edited by MUM: Jun 1 2022, 11:22 AM
RiriRuruRara
post Jun 2 2022, 10:34 PM

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guys now great eastern econnect can't pay using jompay anymore?? Bcs the only option I see is credit card???
mini orchard
post Jun 3 2022, 06:00 AM

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QUOTE(RiriRuruRara @ Jun 2 2022, 10:34 PM)
guys now great eastern econnect can't pay using jompay anymore?? Bcs the only option I see is credit card???
*
Use PBB, if you have an account.
dotax
post Jun 5 2022, 09:45 PM

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Hi all, hopefully I can get some information here for a very old insurance policy for my aunty. She purchased the insurance in year 1996 from AIA, and the agent no longer stay contact with her anymore.

Insurance Plan : AIA Visionlife Plus
Face amount : 25000
Policy date : May 17, 1996
Maturity date : May 17, 2069
Age : 27

Type of coverage:
Life
Amount : 25000
No of years premium payable : 61

EAPWP
Amount : 25000
No of years premium payable : 33

CLR
Amount : 25000
No of years premium payable : 61

AI
Amount : 15000
No of years premium payable : 38

My question for this policy is
1) what does it means by No of years premium payable? Is that means the year where the rider will be elapsed from policy date?

2) until when the insurer need to continue pay the premium for this policy to keep it active? Is it until 88 years old?

Hopefully any professional can help to answer this as I tried to search around in AIA website but they have no much information on this...🙏

This post has been edited by dotax: Jun 5 2022, 09:46 PM
lifebalance
post Jun 5 2022, 09:52 PM

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QUOTE(dotax @ Jun 5 2022, 09:45 PM)
Hi all, hopefully I can get some information here for a very old insurance policy for my aunty. She purchased the insurance in year 1996 from AIA, and the agent no longer stay contact with her anymore.

Insurance Plan : AIA Visionlife Plus
Face amount : 25000
Policy date : May 17, 1996
Maturity date : May 17, 2069
Age : 27

Type of coverage:
Life
Amount : 25000
No of years premium payable : 61

EAPWP
Amount : 25000
No of years premium payable : 33

CLR
Amount : 25000
No of years premium payable : 61

AI
Amount : 15000
No of years premium payable : 38

My question for this policy is
1) what does it means by No of years premium payable? Is that means the year where the rider will be elapsed from policy date?

2) until when the insurer need to continue pay the premium for this policy to keep it active? Is it until 88 years old?

Hopefully any professional can help to answer this as I tried to search around in AIA website but they have no much information on this...🙏
*
1. From the looks of it, it would mean that after the No. of years; the rider will cease.

2. Once the policy is reaches May 17, 2069, the policy will mature & cease.
dotax
post Jun 6 2022, 02:07 PM

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QUOTE(lifebalance @ Jun 5 2022, 09:52 PM)
1. From the looks of it, it would mean that after the No. of years; the rider will cease.

2. Once the policy is reaches May 17, 2069, the policy will mature & cease.
*
Hi lifebalance, thanks for your reply!

I wonder in that case, would you advice from your opinion, what happened to the policy between last rider ceased at 2057 and 2069?
Wonder if it would be advisable to withdraw the remaining cash balance from the policy after 2057?

denion
post Jun 6 2022, 03:39 PM

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QUOTE(RiriRuruRara @ Jun 2 2022, 10:34 PM)
guys now great eastern econnect can't pay using jompay anymore?? Bcs the only option I see is credit card???
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hi RiriRuruRara, if not mistaken GE eConnect removed some of the payment method which i dont know why. you can login to ebanking to do jompay i think that is more convenient. wink.gif

QUOTE(dotax @ Jun 5 2022, 09:45 PM)
» Click to show Spoiler - click again to hide... «
QUOTE(dotax @ Jun 6 2022, 02:07 PM)
Hi lifebalance, thanks for your reply!

I wonder in that case, would you advice from your opinion, what happened to the policy between last rider ceased at 2057 and 2069?
Wonder if it would be advisable to withdraw the remaining cash balance from the policy after 2057?
*
hi dotax, answered in spoiler above wink.gif if there is no difficulty in paying premium, it will be more advisable to keep the plan even after 2057. i believe there will be certain bonus accumulated in the policy if death occurs. if your aunt has the policy book, then you can study the benefits in details. if can keep the policy for so long, it is always more beneficial to keep it.
lifebalance
post Jun 6 2022, 03:46 PM

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QUOTE(dotax @ Jun 6 2022, 02:07 PM)
Hi lifebalance, thanks for your reply!

I wonder in that case, would you advice from your opinion, what happened to the policy between last rider ceased at 2057 and 2069?
if it would be advisable to withdraw the remaining cash balance from the policy after 2057?
*
It'll just mean that the rider will cease, not the entire policy. Meaning if a covered event triggers but the rider had ceased, you'll not get the payout that was covered under the rider.

Whether to withdraw or not is up to you to decide when the time comes if the policy still serves it purpose for you.
dotax
post Jun 6 2022, 07:15 PM

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QUOTE(denion @ Jun 6 2022, 03:39 PM)
hi RiriRuruRara, if not mistaken GE eConnect removed some of the payment method which i dont know why. you can login to ebanking to do jompay i think that is more convenient. wink.gif
hi dotax, answered in spoiler above wink.gif if there is no difficulty in paying premium, it will be more advisable to keep the plan even after 2057. i believe there will be certain bonus accumulated in the policy if death occurs. if your aunt has the policy book, then you can study the benefits in details. if can keep the policy for so long, it is always more beneficial to keep it.
*

Thanks for your feedback denion!
dotax
post Jun 6 2022, 07:16 PM

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QUOTE(lifebalance @ Jun 6 2022, 03:46 PM)
It'll just mean that the rider will cease, not the entire policy. Meaning if a covered event triggers but the rider had ceased, you'll not get the payout that was covered under the rider.

Whether to withdraw or not is up to you to decide when the time comes if the policy still serves it purpose for you.
*

I got it now, thanks for your feedback lifebalance!
RiriRuruRara
post Jun 7 2022, 01:14 AM

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QUOTE(denion @ Jun 6 2022, 03:39 PM)
hi RiriRuruRara, if not mistaken GE eConnect removed some of the payment method which i dont know why. you can login to ebanking to do jompay i think that is more convenient. wink.gif

*
Hey bro any ideal how come ge increasing price of insurance plan so many times???
2 years ago increased about rm300 next year I see in econnect my plan been increased again by rm700.
This is not following the age chart I received when sign up and when will this increase end? Its already out of my budget...
toiletwater
post Jun 7 2022, 08:09 AM

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How do I know if my critical care insurance covers early diagnosis? I heard from yt that things like diagnosis, scanning, early stage cancer not covered.

Any specific terms in the policy? Very hin

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