ok, what's the supposed coverage term of the policy you bought? did you receive a letter notifying how much is the recommended top up?

hi vin, parties that govern insurance agents' ethics are the insurance companies themselves and LIAM. but should you find any agent misconduct, you can report to insurance companies and also Ombudsman for Financial Services (OFS).

yea you can just find another GE agent that you trust to take over the policies. however do bear in mind that the agent that take over won't earn any commission from your policies and also it will take time to find the agent that you want (reliable, honest, won't out of industry short term). you can look around within your circle of friends first then get to know the agent more, don't need to make urgent decision for this.

hi yani104, you can actually check out the product brochure from various insurance companies whereby the premium table is available in the brochure so you are aware of the future premium rates. I can't attach the link because my account doesnt allow me to...

you might also wanna back up your own emergency medical expenses fund as well. for example maybe a 20k-50k for now even though covered by medical card from employment.


hi MUM, what do you mean by "cover the extra premium charged"?


hi blibala, you can report to the respective company. in your situation, reporting the agent isnt the main priority, you main objective is to confirm with the company that there's no health declaration done and you will like to declare it now. Company will re-underwrite your case again.

hi andrewmky, what do you mean by "fixed price for lifetime, or based on fluctuation of age"? do you mean by the premium?

also, just wanna confirm is the insurance policy from 2018 still active or already lapsed?

anyone hear of CareWise before? not sure which insurance company they represent but they are selling medical card as low as RM3.30 per day. not much info that i can find so asking around here.

thanks for explaining. not so sure how to answer as i dont really get the picture. perhaps you can find an example of the standalone medical card premium table rates and do the comparison yourself? my account is still not able to attach external links though

okay thanks bud!

yeap, that's why if any doubt, better ask the insurance company directly.

usually medical insurance doesn't covers medical report but i believe coming new medical cards will include reimbursement on that up to a certain amount... for example medical report reimbursement up to RM200 per disability/event

ok, for medical insurance (be it standalone or as a rider in ilp plan), the premium is always non-guaranteed. reason being is the insurance cost for medical insurance is not guaranteed (subject to increase based on a few factors for example claim ratio, medical inflation and etc.)

if the policy has already lapsed back in 2018, to reinstate (activate back) the policy, the procedure is same as applying new medical policy which means agent has to go through the health disclosure with you again.
so even to reinstate back/apply new medical insurance, very likely the exclusion of fixation removal is still there. but i think even with this exclusion it is still better than no medical card and at least it is not an exclusion of major illness/disease.

This post has been edited by denion: Sep 1 2022, 04:01 PM

btw andrew, for your case since you are the one measuring and monitoring, i guess that's not a certified hypertension case unless it is checked by doctor. so dont have to scare yourself, if you are worried, go do a regular body check and use that result for insurance application (if you are really worried).

for the 120 days medical card waiting period, yea it is a standard clause for Malaysia's medical card. meaning to say should there's anything related to the 120 days waiting period clause, your medical card won't cover during the first 120 days. also that is not related to pre-existing illness.

hi Aurora, it says you have received the PA policy, do check in the email if you have received it? by right you should received in the same email. or maybe it is just mistake at their side

This post has been edited by denion: Sep 10 2022, 10:46 AM

hi RiriRuruRara, it depends on the benefits amount in the plan and the riders you want. there's no fix premium since there are many variables. you need to engage either a FA or an insurance agent from Prudential to find out

ic. then likely its a mistake on Tune's side...

hi outpace, perhaps can you give a more precise scenario? what policy, what you buy it for (purpose), how long does you want the policy to cover until (term), etc... from here only we have a better picture and can advise you better

wow really good that you provide the details so the discussion can be somehow narrowed down. if between the above 2, i will choose the 2nd one. mainly because not only the life insurance amount different but also the 2nd plan has critical illness benefit payout but the 1st one doesnt have.

to ask yourself which one is more suitable, perhaps you can ask yourself few of these questions and you decide.
1. for life insurance amount for a kid, i will say mainly it is for bereavement purposes eg: funeral expenses (touchwood)
2. for critical illness payout, it gives you the choice to take sabbatical leave. in this case it is 50k in 2nd option. next, in the event of child diagnosed with critical illness, the amount will be paid to you at least to have the financial support to take care of your child while taking sabbatical leave. i will recommend to have at least 1 to 2 years financial support here. you decide by the way

there's no MDRT sifu or PRO advise, only suggestions that will lead you to more informed decision. for plan with medical card (be it for kids or adults), best is to take something that can cover until 80 years old at least. reason being is we have to take in consideration in the event along the way if something bad happened and might be one of the reasons of getting medical card in the future, at least you have something secured for your child up until 80 years old already. then it comes down to how much premium you can afford here... because the shorter the coverage term the cheaper the premium it is.

if you will like to learn more, check the cost of insurance between the 2 medical cards. Likely because one has co-insurance and one without, hence the difference in cost-of-insurance. looks normal to me

btw wanna clarify... it sustains 54 years or until 54 years old here?

This post has been edited by denion: Sep 14 2022, 08:36 PM

yes kenloh7, in this case it is absolute assignment. can go to the customer service to do it. make sure policyowner and life assured go together. btw which company?

hi Rinth, what is the plan name that you are referring to? not enough details for us to advise. perhaps you can let us know the few details:

1. plan name
2. premium payment term (need to pay the premium until what age)
3. coverage term (until 2080 / 90 years old)

hi square2, you don't need to change agent by buying new policy from the other agent. in general, it can be transferred to new agent. do you mind to let us know which company?

also, your friend can actually service your policy. so long you can access your policy online, the other agents can also guide you. the only thing the agent can't do is to do upgrade on your existing policy. other servicing matters can be done.

perhaps you can follow this priority when deciding on insurance coverage.
1. make sure the protection amount that you need first
2. see how much the premium is
3. in general, if sustainability is around 78~80 years old, is consider reasonable (based on average life expectancy of 77 years old)

if premium is out of your budget, then consider lowering the premium until your comfortable level and to reduce the sustainability. I will always maintain priority 1 first (compromising sustainability in this case). so this is the part you can discuss with your agent if you want protection to be maintained at what you need or you are willing to compromise protection to maintain policy sustainability. this is the flexibility of ilp insurance.


bro, you also contribute a lot of solid advice here. I believed many here has benefited from you also

hi pg84, perhaps you might wanna provide more details here?
1. is this one policy or 2 policies?
2. after 70 years old premium will double/triple every 5 years? perhaps do you mind to disclose what plan is this?

it really depends on your need. there is no right or wrong actually. if budget allows, it is more advisable to split medical and the main life insurance and CI insurance. reason being is should there is any new medical card in the future whereby company doesn't allow existing policy to upgrade (or forced to buy new policy to get new medical card), then in this case, at least what you need to let go is just the medical card and not the whole "all-in-one" plan. I have clients that plan it this way with me. also, came across agents that replaced their clients' whole medical plan once new medical card is available which i think is not fair to clients because most are still be able to do upgrade.

just like what ping325 mentioned, it can be done easily so long the agent whom is going to take over is willing to do for you. and yeap it really depends on the willingness of that agent.


yeap kimi, RM2.50 per month is really worth the enhancement. after explaining to all my clients, so far no one rejected such enhancement. really encourage you to go for it.

hi Danhost, for your standalone GMC2, you can only upgrade within its own plan. say for example, GMC2-150 to GMC2-200. (from 150 room&board plan to 200 room&board plan)

however the only significant changes are the room and board and annual limit/lifetime limit amount. If you want better standalone medical card within Great Eastern, you can go for Great Medic Shield 2 + Million. After you apply this plan, it will be considered as a replacement to your old one. That's the procedure of "upgrading" for standalone medical cards.

if you will like to opt for other benefits say that comes with Life and CI, then you can opt for ILP one.

maybe ex-GE agent info also outdated d anyhow if want better plan, just opt for new standalone medical card which is so much better.

hi azlim, perhaps you need to find out the various credit card cashback benefit from various banks.

roystevenung looks like we can move to insurance talk v8! haha