But I read in the net, ....

They said investors should be wary of discussions in social media chatrooms that may trigger securities breaches such as the provisions on investment advice or stock recommendations without a licence.

Any person found guilty may be liable to a penalty of up to 10 million ringgit or imprisonment not exceeding ten years or both, they said.

https://www.reuters.com/article/malaysia-st...s-idUSL1N2K41CK

But I read in the net, ....

They said investors should be wary of discussions in social media chatrooms that may trigger securities breaches such as the provisions on investment advice or stock recommendations without a licence.

Any person found guilty may be liable to a penalty of up to 10 million ringgit or imprisonment not exceeding ten years or both, they said.

https://www.reuters.com/article/malaysia-st...s-idUSL1N2K41CK

wow didn't know there is a waiting period 2-3 years. is this for medical insurance also or life insurance?

thanks for flagging gathercare. just looked it up and quite interesting alternative.

AIA Flex PA does it cover death due to Covid?

I see the policy wording mentioned SARS and MERS-CoV but did not mention Covid.

In the brochure, covid not in the list of 23 disease that they cover.

Keep in mind it's a PA policy. Means they cover accident only. Infectious disease is not an accident. It just that they happen to offer some benefits that cover some infectious disease.

Yea im aware its accident only.

Just wonder for policies that covers Covid does it mention specifically CoV-19 in the covered list?

Great Eastern Life Insurance.

Which is the best & convenient method to surrender?

I called their customer service line, keep listening to music.

Anyone has experience of surrendering GE pls help?

Great Eastern Life Insurance.

Which is the best & convenient method to surrender?

I called their customer service line, keep listening to music.

Anyone has experience of surrendering GE pls help?

Great Eastern Life Insurance.

Which is the best & convenient method to surrender?

I called their customer service line, keep listening to music.

Anyone has experience of surrendering GE pls help?

Which insurance company is famous for medical card/insurance now?

Outpatient, hospitalisation, surgery...

Heard AIA, Manulife, Prudential quite good.

Comments pls.

Which insurance company is famous for medical card/insurance now?

Outpatient, hospitalisation, surgery...

Heard AIA, Manulife, Prudential quite good.

Comments pls.

All medical insurance will increase with age. Whether you get at 30 0r 35, you will pay higher premium. Eg. At if you get at age 30, you pay RM1000, 1200, 1300, 1400, 1500, 1600. If you get at 35, you pay RM1600 you don't pay the other premium cause you got them at 35.

There is no such thing as no need to pay premium unless it's some savings plan where you pay for 5-10 years and then no need to pay. Yes such plan exist. Don't get tempted by 6m coverage. Why? You pay for it in terms of higher premium. Choose the coverage you think is just nice.

Are you ready for the following from GE when you want to claim?
1. Saw in the news they denied someone with cancer stage 4 just because the person did not disclose anxiety
2. My friends in private hospitals tell me GE is one of insurance which ask lots of questions trying to delay your admission as much as possible. Don't get me wrong, they do payout and give GL but they try to ask lots of questions to have reason to decline your admission Vs other insurance company.

If yes by all means, go ahead. I was with GE. When I heard about the 2 stuff, I exercise my cooling period and get full refund from GE. I am not taking my chance with GE with that kind of reputation. I don't need agent sweet talk. I need real life experience.

If you do your research, people here complain GE increase premium every 2-3 years even though it's ILP.

Deartime is designed for B40. If you are ok with RM100K+ coverage by all means go ahead. If they up their coverage would be good. Otherwise, I will just avoid as I want min RM1m coverage. Gathercare is the cheapest of them all as there is no increase in premium and no agent. It's good as backup but not sure if it's suitable as main insurance. Medisavers is the cheapest standalone medical insurance (for coverage until 80 years old)

When you buy insurance you want to ask yourself the following questions
1. Do you want standalone or ILP?
2. What are the pros and cons of ILP and standalone?
3. What coverage do you want?
4. Do not listen to agents or friends who are agents as they are only after your money. Do your own research. Agents will always want you to buy the highest coverage cause they get higher commission from that. There's no free lunch insurance.
5. How long do you want to cover?
6. How much deductible you want? The higher the deductible, the cheaper the premium and vice versa.
7. Does the company have issue paying a claim or issue GL? Pay attention to insurance company reputation. that will be there to cover you when you need it and not aks tonnes of question to try denying you the GL or claim

If you are looking for standalone medical insurance ,there are 4 with RM1m+ coversg
1. Aia mediflex with rider
2. GE Great medic shield with rider
3. Generali smartcare optimum plus can be bough via fi.life
4. Medisavers the cheapest of them all if you want to take until 80 years old (in terms of total premium paid until 80 years old)

I am not an agent, just someone who did 6 months on research on medical insurance to buy for myself.

Which insurance company is famous for medical card/insurance now?

Outpatient, hospitalisation, surgery...

Heard AIA, Manulife, Prudential quite good.

Comments pls.

Quick illsutration :-

Age 65, planning to buy medical cards for whatsoever reason.

2 plans, same coverage RM 500k annual limit Unlimited lifetime except Plan A no life insurance portion, Plan B RM 100k life insurance, Sustainable duration is Age 80 (means the policy end on age 80 right?)

Premium RM 6xx per month for Plan A, RM 9xx for Plan B.

Can anyone analyse on :-

1) This is ILP or standalone?
2) is there any differences if taking ILP or standalone plan? I previously heard standalone life insurance covers untill age 70 or 80 only, but with ILP can cover longer untill example 90 yo.
3) differences RM 3xx per month premium worth it or not for additional RM 100k life insurance?

My own analysis :-

1) should be ILP, so maybe will ask standalone price
2) NOt sure
3)not worth it, due to 15 years policy only and the additional RM 300 per month x 12 x 15 = RM 54k already. Arguable that there will be cash value during end of tenure but not sure whether it'll worth RM 54k or not. Only benefit is if anything happened during the 15 years, then the RM100k serve it purposes.

The real question is,
1. Are you trying to give insurance advise to a 3rd party or by copy pasting our replies here to answer the 3rd party?

2. Are you an insurance agent?

It's not advisable to give out insurance advise if you are not an insurance agent. Instead, get this person to contact a licensed agent instead to get proper advice as your question above is speculative and general without proper context.

Whether it's "worth it" or not is always depending on the purpose of the insurance.

Quick illsutration :-

Age 65, planning to buy medical cards for whatsoever reason.

2 plans, same coverage RM 500k annual limit Unlimited lifetime except Plan A no life insurance portion, Plan B RM 100k life insurance, Sustainable duration is Age 80 (means the policy end on age 80 right?)

Premium RM 6xx per month for Plan A, RM 9xx for Plan B.

Can anyone analyse on :-

1) This is ILP or standalone?
2) is there any differences if taking ILP or standalone plan? I previously heard standalone life insurance covers untill age 70 or 80 only, but with ILP can cover longer untill example 90 yo.
3) differences RM 3xx per month premium worth it or not for additional RM 100k life insurance?

My own analysis :-

1) should be ILP, so maybe will ask standalone price
2) NOt sure
3)not worth it, due to 15 years policy only and the additional RM 300 per month x 12 x 15 = RM 54k already. Arguable that there will be cash value during end of tenure but not sure whether it'll worth RM 54k or not. Only benefit is if anything happened during the 15 years, then the RM100k serve it purposes.