21 years ago Alliance Bank had some corporation with Allianz Insurance which offered life/term insurance with monthly RM90 for 20 years and a guaranteed payout of total payments paid + 20%

The life insurance = 200k
Accident dealth = 200k * 200%

I am looking for this type of life insurance with the cheapest cost. Ada?

Get well soon 👌

Hai yah, you training for Olympic ah.

😁

Anyone can explain how to split a claim to 2 medical cards?

Like say if fees is 50K and got 3K deductible/co-insurance can use another card to claim for that 3K amount?
The thing is both companies requests for original receipts and/or hospital reports. How do i submit only 1 original copy to both?

Also related to above, the real situation i want to ask..
I was admitted but post-admission is pay&claim and no issue for claiming post-admission.
However i want to ask does outpatient GP also considered as pre-admission? Is it depends on the policy clause?
Lets say policy does say GP pre-admission not covered, is it possible to claim this GP pre-admission under different medical card (as per 1st question)?

Thanks now i know how it works.

This company medical card under GE says they dont cover Pre-hospital medication and GP consultation.
I went back to the GP request for receipts for all visits period of 1 month for the same illness before the admission end up GE says all not covered.
Can still claim these using personal medical card?

It says "subsequent consultation" by GP and Pre-medications not covered.

Thanks for the tip yea, this seemed to have flipped the situation. Now approved with no further question. In the letter they were asked for the source of their information.

Is there any further risk or consider case closed? Can they drag this up again if there is a related claim 5 or 10 years down the road?

I see. It's more like, how much I can afford vs whatever is being offered

Deferment mean what? First time coming across this term

Even if you have renewed but have not paid, so long as your transaction date is March 1, 2024, you will still need to cough up an extra 8% 2% in SST, prorated to the coverage period.

So confirm even my coverage is after 29 Feb and I paid today later on won't come and ask to cough up that 2%?

May I ask how much is your life insurance coverage and premium? I'm meeting my agent when he comes back from his course. Need to see the average people pay. Many thanks

Game changer for medical insurance going forward. Please read this:

https://www.bnm.gov.my/documents/20124/9380...ack-ed-mhit.pdf

Want to ask,
I got medical card insurance,
While my company also buy 1 for me....
Since now financial abit tight,
Plan to on hold my own medical card or cancel...
Possible to on hold for 1~2 year and then continue again?
Or only can cancel?

My sis not advise me to cancel...
She say if anything happen,
When 1st medical card use finish,
Can continue draw from 2nd medical card...

The letter only specifies if the selected amount is lower, not higher.

Anyways, I also think it should be 95% in any case, just wanted some confirmation if anyone knew about it.

Hello sifus. Please help clear my mind on my Great Eastern policies. There's so much I don't understand about insurance policies eventhough I'm heavily invested in them.

About me: Male, 32, Annual income RM 80k. Essentially debt-free. Currently renting, considering home ownership in 3 - 8 years.

1. Whole Life Participating 100k. Commencement 1993. Annual premium RM 1,140
2. Medical ILP SmartMedic Shield Plus 250. Commencement 2012. Monthly premium RM 300
3. Critical Illness ILP SmartProtect Legacy 500k. Commencement 2019. Monthly premium RM 350

My questions:

1. When should I consider an addtional whole life participating policy? What are the factors that I should look at to determine the sum assured?
2. Should I reallocate premiums for the ILPs to the Lion US-i Fund? Currrently they are split 50/50 between the Lion Enhanced Equity Fund and the Lion Balanced Fund.
3. Should I look at term policies? I consider the policies I have expensive to maintain.

Thanks so much. 

Sean

I have been with AXA medical insurance until Generali take over since 2010. Apparently the premium has been increased twice in 2021 (under AXA) and 2024 (under Generali). I was thinking to switch to get a better options but encounter some illness during the period of insurance coverage (although not requires hospitalization).... I believe if I switch to other medical insurance it will not be cover and put under exclusion, right?

Thanks for chiming in MUM, lifebalance, and JIUHWEI.

Guess I'll have to manage with the policies I have now as it is the cost of having peace of mind.

Meeting up with my agent after he gets back and I'm currently paying myr 1500 for my life insurance, 280 medical insurance for my son and 250 medical for my son. Making it too costly 2k plus just for insurance.

I'm thinking to reduce allocation of my monthly life insurance which is currently giving a pay out of 4 million on my death to a monthly premium of myr 500 to 700.

Fingers cross he doesn't try to talk me out of it cuz I would be very upset if he hard sells something which I really dislike.

I am a working male, 36, non-smoker, married with 2 kids (6yo and 3yo), wife is working. My monthly salary is 18k, wife is 9k. Outstanding home loan 627k, no MRTA.

Below is my current insurance plan from Generali:
- Life/TPD (150k, age 100)
- Accelerated CI rider (50k, age 100)
- 110 CI care (150k, age 81)
- Hospital income (RM200, age 75)
- Premium payer rider (age 100)
- Medical card (Annual limit 1.6mil, no life limit, age 80)

Questions:
- Any comment on my current plan?
- I feel like my life/TPD not really sufficient, should I top up or buy from other company?
- Is there better plan in the market? If yes, should I switch?