Hi, Manu Secure & Manu Wealth a good insurance cum saving plan ?
Any pro can describe more?
Thanks

Through the provided linked i found my plan
https://www.aia.com.my/content/dam/my/en/do...ct-brochure.pdf
So my main plan doesn't cover critical illness... If that's the case im fine to maintain my CriticalReset plan...
Thanks

Just out of curiosity, im non-smoker, never admitted to hospital b4, bought my plan at 30 age
the example cost in the brochure is way cheaper than mine (30 y/o 15.8k vs 40 y/o 9k), what cause the huge different here? Because my plan cover to 80 y/o?

Probably yes, as the example in the brochure is till age 70; whereas your extends till Age 80. The premium varies based on payment term and sum assured. I think you need to sit with your agent to better understand what you bought 😁.

What's your goal ?

I don't think you understand what you've bought.





this is a clear cut illustration on the benefit's payout on the CriticalReset.

any idea why you're not asking your agent to explain to you?

high return saving plan bro

ya same with others that point out , seems you not sure what you had bought.
try to check coverage , sustainability/maturity , if got time best read the policy document although it is long.
hope your servicing agent can explain to you as detail as possible.
its better for you to understand it earlier rather than wait until paid for 10-20 years then only regretted.

All insurance products are illustrated @ Low 2% and High 5%

Bear in mind that you're required to stay throughout the entire term of the saving plan (Ranges from 15 - 35 years) if you want to see at least 2 - 5% return otherwise you'll be getting less than that after deducting all the cost. If you're looking for liquidity then putting your money in insurance saving plan is not ideal.

But this manu secure & manu wealth looks attractive

I know i have CI coverage, but misunderstood on the combination
i tot my plan is A-Life Signature (Accident + Death + disablility + CI) + CriticalReset (Reset only), but actually is A-Life Signature (Accident + Death + disablility ) + CriticalReset (Reset + CI)
usually i like to ask around, whos know what she might hiding from me, and also getting different opinion from diff ppl often giving new insight

This post has been edited by ragk: Mar 23 2021, 04:42 PM

Do take note that this is payable based on the annualized premium,

Here’s a quick example:

If you purchased ManuSecure 5-20, you will receive payments equal to 11% of your basic plan’s standard annualised premium for the first ten policy years. With an annual premium of RM10,000, this GCP payment will amount to RM1,100 per year.

This then increases to 20% – which amounts to RM2,000 a year – for the remaining ten years of the policy.



Looks like you got it right

Sure, feel free to ask

Saving plan guaranteed cash back is not like FD interest rate.

Cash back /= your net return/profit/interest.

A portion of cash back amount may come from your own premium paid, cash back amount is not net total interest/return earned.

Please distinguish properly between cash back vs return rate.

mean how ya?

example yearly RM10k for 5 years...then end of 20 years can get back how much?

mean RM10,000 for 5 years then get back total RM31,000 interest?

ragk,

If only A-Life Signature basic sum assured (BSA), it only cover death and total permanent disability.
It also provide indemnity of BSA x2, x3, x4 or x6 for accidental death, public transport accidental death, oversea accidental death and natural disaster accidental death if I'm not mistaken.
NO personal accident (PA) nor accidental medical reimburse coverage.

CriticalReset rider cover 39 CI. It also has a Reset feature that restores the coverage back to 100% after 3 years from the date of diagnosis of a critical illness or covered surgery in which the rider coverage amount is fully claimed. The restored coverage amount will only be payable upon Stroke, Cancer or Heart Attack, hereafter the coverage shall terminate.

there are few factors that determined the premium (i believed you are referring to premium. p/s: premium and cost is actually referring to different thing in insurance policy)
1. payment term. how long is your payment term btw? the illustration inside is 20 years payment term.
2. coverage term. your coverage term is 80y/o vs illustration 70 y/o
3. funds selection. not sure what are the funds used in the illustration, but normally for investment-linked policies, if higher risk funds are selected, premium will be lowered compared to lower risk funds.

if you dont mind to review your plan details (benefits, payment term, coverage term and etc), then it gives clearer picture. likely you are also paying more to "save" aside more to build up the account value.

irregardless of product, most importantly is knowing what is the purpose and goal that you wanna achieve. once you are clear with that then identify if this plan can help you achieve that.

Wonder how much medical + CI cost now?
How much Annual limit is good enough?

Depends on the person's age, gender, occupation, smoker status and the benefits you're applying for.

How much annual limit is good enough ? It's a personal preference, insurance companies offers from RM25,000 Annually up to RM3,000,000 Annually.

If you can secure somewhere at least RM500,000 Annually, that would be the average to cover most of the hospitalization cost. Most companies offer newer plans starting from RM1,000,000 Annually nowadays.

Start from 1mil? Roughly how much ya monthly

As low as 150-200/m

Or standalone medical plan as low as RM1000/year.

Age range between 20-35yo.

Annual limit from 1mil to 3mil.
T&C applied.