does anyone know what is the process to re-appeal my loading for overweight with GE plan? 6 years ago I was charged loading for being overweight, now after years of exercise I am super lean and in the normal rating now, what is the process to appeal to get the loading removed? Do I goto a branch to get it settled? Or need email them first?

is medical card covered few millions considered over insured？

i am thinking i might probably half dead if i have disease that need few million to cure.....

If one is now 20 yrs old,... At 70 yrs old,... That is 50 yrs later....
2 millions now is approximate equivalent to how much by then considering the cost of medical inflation n the depreciating MYR?

That depends how you look at long term care and also whether you wish to get treated or just let yourself die rather than get treated. The insurance is just there to pay for the bills.

hi perfect10, there is a form that you can fill up to waive premium loading and submit. then company will then issue letter of request for you to do the require medical check-up to review.

hi wawasan2200, for medical card, it is good to have at least a million prepared. that big sum is to prepare for very critical illnesses say cancer. cancer claims can come out to very high amount. the latest claim that i dealt with back in february till now, the total bill will come to a near 500k (chemo sessions + surgery). these are the big bills that we want our medical card to cover for.

which critical illnesses plan in the market that you would recommend ? and may i know why ?
any good CI plan that can be purchased via online ?

double

This post has been edited by no6: Jun 21 2022, 04:46 PM

For prudential

If you are saying just to focus on CI but not life/medical card/accident then you can refer to below :
https://www.prudential.com.my/en/products-h...ve/PruAll-care/

If you want moderate CI coverage attached together with life / accident / medical card / payor and so on can refer this :
https://www.prudential.com.my/en/products-h...ti-crisis-care/


Which critical illnesses plan in the market that you would recommend ? and may i know why ?
GE / AIA / Allianz / Prudential or others which endorse by Bank Negara are equally good thou…
Cant really recommend on which is the best, if compare side by side ,it wont have a noticeable big difference on coverage or pricing.

For the latest cancer treatment ; genomic test & precision medicine , currently only can use Allianz or Prudential card.
Soon i think GE / AIA will also have it , just a matter of time.

There are a few range of CI that coverings from Early stage to Late stage.

From single payout to multiple payout.

You have to figure out why you're buying it for, CI coverage is not cheap.

I don't advise over the forum on what to buy.

thanks for the info.
is one allowed to claim from two different CI policies, whereby both are from different insurance companies ?

Yes, you may claim from policies from multiple companies as long as it fulfills the condition

As long as you are healthy now , and you have budget , you can buy as many as you want from different companies.
Of course if you are buying extremely high like up to millions of payout , proof of income is needed.
When performing claim you are allow to claim from respective insurance companies concurrently.

hi no6, CI plans that are purchasable via online mostly covers only a few critical illnesses (most of it only covers 5 - cancer, heart attack, stroke, kidney failure and coronary artery bypass). and yes, so long one is diagnosed with critical illness that meets the criteria stated in the contract critical illness terms, then yes can claim from any policies bought (multiple policies from different companies so long it fulfills the terms)

there are online CI plans that offer not just few critical illness

Take AXA for example
50 Critical Illness Conditions
Comprehensive coverage of 50 critical illness conditions consists of 20 Early Stage and 30 Advanced Stage, i.e. carcinoma in-situ, insertion of Pacemaker, Alzheimer's Disease etc.

This post has been edited by onthefly: Jun 23 2022, 02:04 AM

nice info found! yea this is relatively quite new. very likely other companies will follow suit to release online CI plans like this.

I think I did read postings before, mentioning... Online purchase such products usually has lower coverage amount than through agent

the max can be bought is 250,000 coverage. so if need coverage lesser than that, i think yea one can apply plan like this online. only thing to take note is the premium over the years. so long buyer is aware of that (premium rate table is in the brochure), then yea i think that shouldn't be a problem.

Is it better to utilize the services of an insurance broker rather than an insurance agent?

As I understand, brokers represent consumers while agents represent insurers.

paying 30% more
getting 70% lesser benefits

Just overheard some conversation between an agent and her prospect.

Agent trying hard to get a client to buy something from her with their limited products that didn't meet the prospect's need. Already said got medical card, but still try to sell something else when failed to do so.

I am in doubt of the quality of insurance agents nowadays that consumers are meeting in the marketplace. I wonder how a prospect feel about getting shove down their throat on an insurance plan that they don't need. No proper financial fact finding was done with the agent trying to sell everything at her disposal.

That being said, it's better for you to find someone who is really professional.