Get a few quote. standalone & ILP.

Compare and study your pocket availability ..

Btw, confirm need medical check up most likely self cost at this age.

Investment link premium none guarantee. By luck

Traditional plan premium guarantee. GE & AIA still got. Other ...many withdrawn.
For GE traditional with guarantee cash value as well.

Life uncertain . Who knows fall in love flash marriage .

Insurance = money
Insurance = planning
Insurance = against unexpected

as long as within spending budget then okay.

All concept applied.
Just suite or not when kisah benar happened.

One of my wife relative ask for help to claim her uncle insurance after illness death.
We were shock by the policies in hand .... big sum assured of multiple PA.

But none of it claimable because death due to illness.

Act right get right always important than comparing looking around.

Yes, you can get PA protection with small premium. Normal life plan still the better choice if budget okay.

depending policy terms. normal life most likely not cover.
PA usually yes.
PA attached in medical may be yes.

I'll advice my client to keep exiting policy for 2 years.
No matter they upgrade from exiting company or taking new company.

My main concern not because of kidney stone removal. Is because waiting period.
30 days 60 days 120 days & 2 years uncontestable period.

I want to protect my client ensure he been cover.

If client refuse after explain in detail... senang je pls apply from other and take your own risk.
I can enjoy coffee without worry.

You may read / knowing many terms. But you are not the one seeing or suffering those facing challenge to get GL approve. Especially after conditional GL.
Are you the underwriter that can instantly approve roll back to old medical card during emergency?
If yes ah, operate your brand of insurance company, promise all this nice T&C many will support you.

Giving choice to my own client follow my advice or follow their own will is shit you see??? okay is your rights

We don't judge which is the best.
We do comparison with basic facts info, which is you. And plans choose to compare.

No medical plan in hand? Then grab it fast if fit your budget. Ordinary people looking for standalone usually just 1 objective which is as cheap as possible.

I will advice investment link if is for long term planning and affordable.
Standalone for short term & low budget plan.

Do declare your medical history / checkup history during application. Good luck ya.

Budget concern can consider this
https://www.greateasternlife.com/content/da...2-brochure1.pdf

From RM1200+ till RM1800 / year for age 1 - 5
Covering RM100K - RM1.5 million yearly.

Call in to customer service, let them verify you.
You will get the answer.
Some policy surrender info agent got to refer to CS as well.

This plan covering top 5 CI in GE claim record.
Covering Life without TPD.
With guarantee cash according policy years.
Guarantee maturity when reach age80.

Claim if major surgery with continues 21 days of admission
or ICU 7 days continues (Including CCU)

Currently whole life 50% premium discount. Offer last day tomorrow if no extension.

------

Is up to your wife status. What kind of protection shortfalls. And your preference of spending style.
This GCCR is dedicated plan.

The special part of this plan is admission 21 & 7 days. A few early claims due to this clause.
If you like to have something guarantee in between or full refund/ more at the end, good options as well.

Anyhow, I still recommend to have full CI plan. Combine with this lagi best.

Congrats for successful medical plan application.
Since you got budget in plan then just follow the figure get some quotations & compare.
A few type of options
- Term life / CI . Pay & burn just like car insurance / normal PA. Cheaper but no cash value & easy terminate if payment problem.
- Investment link. As usual common choice nowadays. Small spending against higher return for risk protection. with cash value.
- Traditional plan. Lower protection compare with other type. Good point with guarantee premium. Some with guarantee cash & maturity as well.

Normal PA buy online okay lah.

For medical plan still better to meet with experience agent.
Main reason to fact find life assured condition & make sure compliance answering all the questionnaire.
Agent will guide & try to remind you past medical history / events, avoiding none discourse clause. This part important when come to claim.

For standalone kids usually less than RM1000 / year many options.

Foreign spouse with married cert usually can apply no issue.
Or work permit in Malaysia also can.

If budget constrain then go for standalone. Don't wait.

Anyhow I recommend consider ILP. If affordable for 200+/- monthly
Reason, more benefits. Can add in payor waiver riders.
Can have hospital income (pocket money), not to say wanted to "earn" but if children admitted to hospital for 5 working days, at least something to cover. Unless you are own business boss no need go office.

My concern to standalone ... no cash value, if payment problem due to bank / credit card .. potential to lapse is high.
Reinstate may need waiting period. This happened to my mom in law 10 years ago. And very unlucky her condition not fit to purchase new. GG.

The only good point for standalone is cheap.
Other advantage got to look at ILP.

This post has been edited by tyenfei: Nov 7 2024, 07:05 PM

Yes you are right no free lunch. Already mentioned want cheap just go for standalone.

This also make sense pointing that cheap premium standalone come with basic stuff.
Yes may be some of the additional features you may not need, but common scenario we seen "Why don't you tell me, remind me one more time"

I'm just quick reply a question. Is transparent everyone can read, add on info they wanted to.
Just because my answer doesn't fit your view then label as mislead people?

As mentioned, can consider if affordable. His/Her agent shd explained with official quotation face to face.
Want the feature, pay for it.

Don't always scare readers ILP macam bad marketing trick lah
As you mention "premium holiday" may happened, at least got time & buffer, policy still inforce.

if keep on argue paying more to rider letting company earn more ...
then same why pay more for bigger house, better car? Want shelter & 4 moving wheels only ma

haiyowei as mentioned it was a brief info answering to his/her question lah. no doing a full quotation presentation.

ok you read again that post my 1st line is :
If budget constrain then go for standalone. Don't wait.

then 2nd line:
Anyhow I recommend consider ILP. If affordable for 200+/- monthly

Kinda showing 2 plans are different type cost level right?
ok lah base on your writing pattern sure not fulfil your standard. My bad, sorry ah

And yes your are right, agree to you some people want basic stuff. But not all want basic because they want, because they don't know other's advantage to compare. Macam go to car showroom la, same model different spec to choose. Choose from the balance of needs & affordability after study.

Lastly, I respect your choice & view to choose the basic rider. So, can we end here?

Halo friend

is hard to comment without knowing your financial background.
usually plan base on 2 main factors. 1 your coverage need. 2 your budget.

basically age28 I'll recommend multi million medical plan while still in good shape (health report)
minimum RM500K life if possible. No because to give money after die, but aim to protect against TPD at young age.
Critical illness RM200K +/-
at the end still depends on individual needs & affordability to do the adjustment.

One thing i need to highlight. You may consider every input by users here.
Everyone can comment base on their own preference & view. But anyone here will serve you or take responsibility by kind or legally?

Make sure your agent present you with official quotation.
Ask about sustainability
Ask about fund chosen
Ask why agent propose you 800K Life 150K CI.
With similar amount can get different combination?
Ask yourself the premium within your budget?

Don't rush but don't over thinking drag too long.
14 days free look period apply after policy inforce.
Good luck ya

This post has been edited by tyenfei: Nov 19 2024, 12:13 PM

if you sign plan by age 29, then 71 years term to reach age99/100
if you sign plan by age 34, then 66 years term to reach age99/100

assuming the policy term is 99/100 years old age.

By age 34, you can get better premium or benefits with the amount you show. I'm comparing standalone.
ILP shd be around 250 - 350 depending riders / sustainability / smoker or not / work.
Short sustain can get lower premium, you decide for the pros & cons.

The RM150.00 shd be the Plan150 - Annual RM850K
refer to website click brochure take a look. you may double check with agent is this the plan proposed
https://www.mcis.my/our-products/health-and.../maxhealth-plan

This post has been edited by tyenfei: Dec 15 2024, 02:04 PM

Check brochure
https://www.greateasternlife.com/my/en/pers...-extender2.html

RM1005 + RM193 for your age assuming male / class 1 or 2 work none smoker

Summary RM200 Room & Board
RM1.5 million annual

Base on policy T&C. GE offered opt-in campaign before.
Same thing apply to all other companies.

GE new medical policy all covered covid now.