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 Insurance Talk V7!, Your one stop Insurance Discussion

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coolguy_0925
post Oct 30 2025, 10:33 PM

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QUOTE(MUM @ Oct 30 2025, 10:21 PM)
Eventhough you did not response? I thought earlier you said ...
"If never respond in the portal the premium won't change".
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er let's make thing clear ya

1. My OWN policy, just NOTIFY never responded but auto price up. Even no chance to pay old premium amount. Portal will AUTO changed to revised amount and no way to edit the amount when pay using portal.

2. Family member's policy, different provider than mine, which I help paying using my card. Every repricing the portal will prompt you once you logged into portal to accept / reject / edit. If keep ignoring the premium won't change. But as we know, at the cost of sustainability.

Afterall, I am expecting them revising COI or insurance charges more often in the future as more people getting sick and more people claiming

This post has been edited by coolguy_0925: Oct 30 2025, 10:34 PM
coolguy_0925
post Oct 30 2025, 11:06 PM

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QUOTE(contestchris @ Oct 30 2025, 11:04 PM)
Dude you know nothing and end up confusing others.

1. Your own policy is a standalone medical policy. The company has the right to revise the premium at their own convenience. Standalone medical policies are "annually renewable". So logically if you want to be covered for another year, you pay the hiked premium or lapse.

2. Your family member's policy is an ILP. Here, the cost of insurance (COI) WILL increase, but you can opt to continue paying the same premium at the cost of the sustainability of the policy (i.e. it will terminate earlier as the fund value will run out sooner).
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As usual, always presumey he is the smartest ass

Bodoh tu simpan sikit

My Own policy with cash value, including life+CI+medical I do not know is ILP or standalone?

This post has been edited by coolguy_0925: Oct 30 2025, 11:07 PM
coolguy_0925
post Oct 30 2025, 11:08 PM

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QUOTE(contestchris @ Oct 30 2025, 11:07 PM)
Then name the insurer and let them be sued. Where can an ILP premium be unilaterally increased? Unless your agent went and accepted it on your behalf, IT CANNOT HAPPEN.
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Ya ya ya smartass

So many here already shown you more than 1 provider doing it

Want to sue or not is my pasal la who are you to command me what to do
coolguy_0925
post Oct 30 2025, 11:11 PM

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QUOTE(contestchris @ Oct 30 2025, 11:09 PM)
Man you are posting nonsense here, making up stories without showing any proof.

Name the insurer, what is so hard? Show some evidence.
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As usual ktard behavior

Not enough posting nonsense rant in kopitiam now want to interfere people sharing info

again

WHO ARE YOU TO COMMAND ME WHAT TO DO? Smart ass

Damn stupid and arrogant behavior

If you want to discuss let's do it nicely not showing that cocky kopitiam behavior

Otherwsie you are just anothe lame ktard to me



This post has been edited by coolguy_0925: Oct 30 2025, 11:12 PM
coolguy_0925
post Oct 30 2025, 11:15 PM

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QUOTE(contestchris @ Oct 30 2025, 11:12 PM)
I think this guy here a bit confused (assuming he is not making stories up).

The Investment-linked Policy has TWO components:

1. Cost of Insurance (think of it as a sub-premium)

2. Actual Premium

Cost of Insurance can be unilaterally increased, whether you agree or not. This is the amount that deducts from your unit account every month.

Actual premium for an ILP CANNOT in any circumstances be unilaterally increased. You name the insurer, I will help you sue them.
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Again that arrogant like to make presumption behavior

COI and premium are 2 diff thing I dont need to show you I know or not, it is clear

Many already posted here, not just me

They got NOTIFIED and increased automatically

Scroll back
coolguy_0925
post Oct 30 2025, 11:16 PM

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QUOTE(contestchris @ Oct 30 2025, 11:14 PM)
It's okay to be less educated but at least learn from other and do not spread untruths.
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Only uneducated people like you will respond without knowing how to be respectful

Untill then you are like who you are another arrogant kopitiam tard
coolguy_0925
post Oct 30 2025, 11:17 PM

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QUOTE(contestchris @ Oct 30 2025, 11:16 PM)
Man show some proof, let us see. I am interested to see how they word it. Don't just post without any actual facts.
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Scroll back and MUM already posted some, I don't need to repeat the same thing

You can read right?

Anyway, I think better not to waste my time with this ungrateful arrogant guy

You want to believe or not it is up to you

This is not court, why I need to waste time preparing things to convince you

I am just sharing what I faced and others also faced the same issue as me

Well sometimes I also lazy want to share here due to such people's behavior

This post has been edited by coolguy_0925: Oct 30 2025, 11:22 PM
coolguy_0925
post Oct 30 2025, 11:29 PM

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QUOTE(contestchris @ Oct 30 2025, 11:20 PM)
I must admit @coolguy_0925 is correct and I am wrong. My information must be outdated. There exist ILPs with unilateral premium increases, as per the BNM regulations on IL business.

Link: https://www.bnm.gov.my/documents/20124/9481...siness-2023.pdf
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Just be less aggresive next time before shooting and calling people cheat with the presumption I must be right

I can tell you now and then I feel reluctant to share my own experience in this forum due to such behavior of a few ktards

Afterall I am just sharing with the objective to alert others

Once I was also not know what is premium and what is COI until some good ones here like adele123 and Holocene walked me thru then only I was confident in deferring my premium payment

Never mind, one more time you come with such cocky reply then welcome to enter my ignore list grin.gif

EDIT: Good thing must give credit, you fact check at last.

This post has been edited by coolguy_0925: Oct 30 2025, 11:32 PM

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