If you listened to those agents, that told you, it is still affordable and okay to allocates 10% of your income for insurance purchases...
then just remember, that premium paid years ago can "exponentially" grow to 50k.  That 50k annual premium would means about 500k income pa.
That would definitely be an "ouch" for many especially when one is near or are at retirement age/ no income/lesser income

I do have the same thought, since premium increase is uncertain and given the inflation cost there is possibility one cannot afford to pay long after retirement. Then consider the plan will lapse, and all the hard work you put into getting the medical card become useless?

This thread really has zero tolerance for different point of view.

Thanks fr sharing. If u dont mind could u pm me the financial blogs abt insurance ?

So that means I should have sign up insurance first then only went for eye check up? walao eh.

Because the ophthalmologist say my cataract very minor. can ignore for now no need remove yet since I still very young. So even if I wait until like  40-50 years baru do cataract surgery also cannot claim ah? 

I have a question regarding medical insurance.

I recently decided to subscribe to a medical insurance policy and so I was prompted to declare all of my previous / past medical histories (just gastritis actually). Upon submission, the insurance company countered with an offer that my policy will have "any matter related to gastritis, gastritis ulcers and incidental thereto" excluded.

Is this normal or the insurance company is trying to be difficult?

Anyone took Generali eCritical Early Care ?

https://letsgoforlife.com/buy/online-critic...s-plan-malaysia

Does the yearly premium increase according to age base on the Premium Rates table after we purchase ?

https://generali-malaysia.webflow.io/wf-ass...ly-care-pds-pdf

Rm14k per year from AIA? May I ask why so expensive for your age? I am in early 30s and my monthly ILP is about rm270 for 1 million coverage.

Also just wondering if u buy SG insurance, if u need to claim , would it be a hassle if there’s no agent to
help?

I just contacted my agent, he said my CI covers payout of RM 100k for early/mid/late stage CI. Eg: if a person gt diagnosed at Stage 2, will get a payout of RM 50k and  another payout (the remaining 50%) will be paid if disease progresses to late stage. The payout from CI category is to cover loss of income.

He said treatment that involves Chemo/Radiotheraphy, surgery, ICU stays will be covered under Medical
claim of 1.38mil coverage.
If I interpret correctly, your AIA agent mentioned that the CI coverage only covers treatment for late stage?

My daughter medical card is AIA plan 2, 1.5 mil annual limit. Now agent said got option to upgrade to unlimited annual limit. 1.5 mil annual limit not enough nowadays?

Hi, anyone heard of Medisaver medical card from longpac? My friend recommended me to switch my daughter medical card from AIA to Medisaver. Premium that I am paying now can be reduced with even more benefits coz no need agent commission. no annual limit (now my aia annual limit is 1.5mil). also Got doc to support for the claim. What is your opinion? Anyone here switched before?

You'll be losing out on the better coverage as well as better quality of service..

But otherwise, it's your call if you would like to save a few more bucks. 

what is gathersave? from medisavers?

Did I seem to be replying to you? no? Why take into heart? You don't need convincing from me or anyone else since you're so "knowledgeable" already.

You are just here to try to convince everyone to buy elsewhere than agents even if you had no personal experience with whatever you recommend but you yourself said you bought AIA from agent yourself for your OWN insurance.

Oh, but why?

Because you're just pissed that you sounded like an idiot from the start when you first came into the thread and can't stand to be corrected by us. But nevertheless, you'll claim we are toxic / useless.

Also, I'm still waiting for you to honor your own words to never patron this thread again as you said yourself a couple of post back. But somehow, you're still here. Ironic. I guess you like the toxicity in here and you can't leave.

PS: I'm not mad, just tired of you playing dumb and troll in here. I know your game so I'm calling you out. Let me tell you what's your next move, you'll just continue to stay here and just continue to sing your song to sway the audience thinking you're some kind of "saint" that just tells everyone that it's better to buy insurance without an agent for no commission elsewhere but rather than listen to sound advice from proper financial advisor like me. Cause you just don't want anyone else to listen to but "RAMJADE" - So called financial guru who copy-paste sources from other financial post online.

Keep trying to stay relevant here by continuing to preach your oversea insurance and whatever other small lubang insurance plans that you are scheming.

Again, I'd like to remind everyone of Ramjade's long history here. The above is nothing new. It's been 2 years I assume (didn't bother to check the history log)

Again, as a Licensed Financial Planner myself, I take a neutral stance whether a person buys an ILP or Term Insurance and do not have any special favor towards any specific insurance company.

But I'd like to remind everyone to exercise good financial planning before deciding to cancel something just because it's assumed "No agent = No commission" and assume it's ultimately "Better".

I am paying rm275 for plan 200. I think got 2 years already. if switch to medisaver, I think save around rm600 per year.

that person who recommended me can some kind of referer fee

this one https://www.lonpac.com/personal-insurance/health/medisecure is lonpac generic product. not the one they design for medisaver.

okay. Whatever, I'll continue to call you out.

For now, you're just a man with no honor to his words.

PS I'd like how you avoid all the statements I've made with irrelevant answers. Must be so true.

Currently surveying insurance and have some questions to ask. I'm 25, looking for plan that sustain till 80 years old.

1. Is payor waiver necessary? Currently I have a very good saving and adding this waiver will add Rm50 to my monthly premium which is Rm600 per year.

2. If let's say we compare apple to apple. 1-1.5mil AL, 200 Room and board. Life insurance set at minimum (10-50k), (Critical illness, personal accident, waivor) all removed, which company is cheaper? AIA, Allianz, GE, Prudential.

Although I have money I would like to keep the premium at minimum, if possible I want to get a standalone but all the companies have a very bad annual limit for standalone plan. If anyone got good recommendation can let me know too.

1. I know it's good to have. Actually all rider is good to have. But the thing is, is it worth extra 600 per year?

2. If occupation is just office work, male. Low risk occupation. If every metric set to be the same, out of these 4 big insurance co, which is better and which one is cheaper in your opinion

Oh one more question. What would u recommend the coverage period usually? Until 70 or 80? I think the price difference is huge.

If take standalone, is the renewal guarantee? If I got a illness one day, can they stop me from buying insurance next year? That's what the AIA agent tell me when I say I want standalone

Old, retired and can't work can qualify for waivor? My concern is I worry the waiver only will activate when my critical illness is end stage and I'm half dead . Like that no point alrd right? If early stage can activate waivor I will confirm take it.

That is what I did back then, ...
Buy within my financial capability...
Then when retirement age, I realised that, that decision to buy based on my financial capability during my income productive life may not be fully correct.

The rate of premium increase based in the table attached with the policy years ago which I think I can afford has gone up tremendously until it can be a burden at times.