You are not their shareholder. You are just a lowly customer and you need to milk as much as possible from the customer. It's always shareholder above customers.

Go see the news. All the people medical insurance hike is because they all of them buy ILP. Pay a lot suppose to keep your premium stable but that is not the case in reality.

Buy separately unless you want to and willing to pay min for life insurance.

Well you pay more in ILP over long term. You can see the latest news and hoo-ha and you will see.

Double post.

This post has been edited by Ramjade: Sep 29 2025, 07:12 PM

The hooha in the news is because people buy ILP. As Hafiz said they underquote so they can sell you the plan without bothering that it is sustainable or not give. Give you a cheap non sustainable plan so you will sign up. Once sign up who cares, commission jalan already. If they quote higher price people won't buy because expensive.

This post has been edited by Ramjade: Sep 30 2025, 01:40 PM

Well it didn't work on me cause I saw that the quote was too low and for it to be sustainable need to be around minimum 4k.

It's not much they decide to underwrite. It's how much they can quote. You can do a ILP quote for RM2k+ p.a (not sustainable) to around 4-5k and that's also you hope it's sustainable.

This post has been edited by Ramjade: Sep 30 2025, 03:38 PM

You want to update to new plan you need to undergo new waiting period and and any old illness will not be covered in the new policy..

Only way without waiting period is for the insurance to offer upgrade. Quite rare but few of their customer got it.

I am not an agent. I got nothing to sell you. What I am writing here is going to get lots of backlash among the agents here.
1. Hope is not a plan but a disaster waiting to happen. Get an agent to quote you. Please use and see the table provided in the pdf. Use the 2%p.a returns projected as mandate by BNM and see if it is sustainable until the age you want. If yes congrats, you have the cost that you want. Majority of the unit trust sold in Malaysia are rubbish and cannot perform. What this means is either negative or 1-2%p.a. Yes there are exceptions. You don't need to take my word for it See for yourself here
https://www.fsmone.com.my/funds/tools/chart-centre
Select all the AIA funds available. Yes there maybe some AIA funds that are not available on FSM website but only on AIA platform but it will give you the feel of how majority of the funds are performing.
I am not sure if there is 5% service charge front loading fees for ILP. You should be more concerned about the
(I) 1.5% p.a expense ratio charged whether the fund makes money or not. Fees matter long term. That is why I advocate buy standalone and invest yourself. The difference in unit trust fees Vs ETF is astronomical. 1.5% Vs 0.03%. That's a 4200% difference. You can see youself here. You can put in any value for the 3rd fees.
https://www.schwabmoneywise.com/investment-fees-calculator
(ii) If the fund is not making money or losses it affects the sustainability of the ILP aka you need to pay more.if they are not making money
(iii) unnecessary change. If you are not buying life insurance, you are required to still purchase the minimum amount of life insurance around RM5k worth of coverage means you are getting change for stuff you don't want.

(ii). Cash value is only if you are a poor payer aka you forget to pay your bills. Is it so hard to put a remainder into your phone calender or Gmail calender as reminder to pay your insurance? Payment is only once a year. If your agent is truthful and honest with you he or she will tell you that an ILP with medical insurance the cash value at best will be zero at the end of the insurance or most common scenario negative amount. Ask them that. What is the expected cash value at around 80 years old when your insurance ends? See if they try to avoid answering the question. Why so bad? Come back to the first point above. Many unit trust are not performing. You are getting negative, 1-2%p a hence the insurance cost will rise faster then whatever returns you can get

(iii) All fully paid for by you. I didn't sub for AIA wallet as I am not going to pay extra RM10//month for them to make me healthy. No free lunch when you buy insurance. Something you need to remember. It's marketing by AIA.

I am not sure if upgrade are only for ILP but seems like it. I wouldn't count myself into the upgrade program. Better for me to assume I am not entitled Vs hope on it. My plan is change plan every 10 years provided I am still healthy. One thing I have learn is don't depend on the govt or company. Always depend on yourself and your own financial capability. No one cares about your money more than ourselves. Never ask a barber if you need a haircut.

This post has been edited by Ramjade: Oct 1 2025, 07:28 PM

You don't even need to know how to invest. The simple act of dumping into EPF will outperform most funds. Yes there will be exception but good enough for the general public.

This post has been edited by Ramjade: Oct 2 2025, 08:15 AM

You can choose how much premium you can stomach for ILP. But if you want it to be sustainable, minimum RM4k/year. That way the amount of year covered maybe until 60 instead of 80years old.

The waiver is just critical illness coverage, you need 2 conditions to fulfilled it.
1. Survived the illness
2. Meet the definition. Eg if you got heart attack but Ionly 50% of your blood vessel is block, you will not be eligible for the waiver.

This post has been edited by Ramjade: Oct 8 2025, 11:45 AM

He or she wants to make the premium only RM1.5k and use the balance and invest themselves. Can. Only not sustainable. Need to keep topping up. In the end come back to same thing.

This post has been edited by Ramjade: Oct 8 2025, 01:00 PM

As MUM said they cut your period down what makes you think they cannot do it again? The only way to prevent them from cutting your age are
1. Remove any other insurance apart from your medical insurance. This way all premium paid will be channel to medical insurance. Of course with ILP you still need the bare minimum of life insurance
2. Increase your premium paid.
3. Perform lump sum topup around RM50k

If you want to keep current period usually need lump sum top-up. If you have no new illness and your plan is like 10years old you can change plan provided you are still healthy and willing to wait 2y for waiting period.

This post has been edited by Ramjade: Oct 20 2025, 02:24 PM

Not quite correct. Waiting period for medical insurance is 2 years. That means after 2 years insurance company got no right to decline you for cancer, gall stone, kidney stone, heart attack, stroke, high blood pressure, diabetes, back pain unless you commited some fraud. If you want to claim any of the stuff mentioned above before 2y you pay and claim first. So don't think think it's 30 days and 120 days. Anthting other the listed above usually no issue claiming after 30 or 120 days.

Critical insurance not very sure as I have forgotten and not interested in it.

I don't think it's locked under single plan as your medical insurance is a rider and your critical illness is a rider which you can attach to the ILP part of the life insurance. I could be wrong on this. Each of them have their own terms and conditions.

Actually you should not be thinking of switching here and there. You buy insurance is not to make money from insurance company. You will lose money to the insurance company. That is expected. You should not be thinking about claiming insurance unless really needed. Insurance is a lottery you don't want to claim but you are thankful you got it. You want to switch here and there can. But no idea what is your goal. Insurance is for protection. Nothing else. That's why I don't buy any ILP nonsense.

This post has been edited by Ramjade: Oct 20 2025, 03:41 PM

1. Called up the customer service and ask.
2. Upload your contract with trj insurance agent and ask chatgpt to analysis for you if got any penalty.

I would do both to be on the safe side.

That's why for me I treat it as 2 years. Yes they can decline GL if you committed fraud.

You can choose to buy the bare minimum for life insurance coverage. Cannot be totally zero. Usually the coverage is around RM5k

This post has been edited by Ramjade: Oct 23 2025, 10:24 PM

Yes company cannot increase the premium without your consent. But it is like a blackmail by the company if you refuse to increase premium.

If you you don't increase your premium, your duration of coverage decreases. It is essentially an indirect blackmail.

Yes you can sign till 80 years old. Is whether the premium you pay can sustain you until 80 years old. If you look at the ILP, majority of the ILP premium cannot even sustain until the age you want unless you up the premium paid.

So if the premium cannot sustain you until 80 years old, the company can ask you to increase premium so that can reach your coverage age or perform a lump sum top-up.

I didn't know they can increase automatically.