Ok will take note.
But I seriously think insurance agents should at least have knowledge when it comes to saving money when it comes to taxes pertaining to insurance. Instead of just thinking about how to make as much money from their clients as possible.

For me financial planning is not that difficult. Mostly it's common sense that's all.

And why should I get charged by enquiring if there is a structured plan that I can buy that enables me to save on taxes?

So you come out with a new menu and you expect me to pay when looking at the menu?

You see I am just asking about the tax savings on the life insurance health insurance and which plans I can buy to maximize that while preserving my monies at the same time.

Why is this so complicated. It's either you have the plan and I buy or you dun have.

And you continue asking me why I think agents are money grabbers.

Haiyah guys, don't feed the troll.

He's going to EPF / FD threads to flame others as well. Makan penuh, cari gaduh with everyone.

should we all just report him for banhammer.  :confused:

I've already reviewed his style of post, he's just asking for the sake of asking (not really interested with whatever others have to say/solutions), then just flame baiting you and call you names (noob, idiot, Singapore better, you're dumber than me).

I don't even know why we are entertaining a troll in Insurance Talk. Macam feels like becoming Fight Club now with this troll in here.

Famous quote from my customer who's a lawyer:

"Benda boleh gaduh, apsal mau bincang?"

Anyways, yeah you're right.

But since Tax relief is basically newfoundland for him, let him have his moment la

Maybe he compensating? 

Again you miss my point and continue reporting my post.

So asking about a simple plan online is akin to consulting.

If doctors are like that they be millionaires man.

I already have the solution. You just need to provide the plan that's all. You are assuming that I am asking for tax consultation when I am just asking if there is a structured insurance plan that help me to save taxes on the medical and life part. Like that is also consultation.

Even lawyers who are probably more competent then you guys do not stoop so low.

I have to salute your pupil though who has the audacity to request fees from a "trouble maker" like me.

So your competency is reporting ppl post.
Ok got it.

See you have to reply and report at the same time.
And you expect ppl to be paying you fees

Very simple lah.
You replied to me and the report came at the same time.

And only immature ppl like you would report my post even though it's on topic.

You think everyone iq as low as you meh

Yes that clown suits you.

I actually really dun want to reply here anymore.
But seriously.
You see, at this point of time you have shown your true colours to everyone else
And I think you actually really want to charge me despite me being a trouble maker.
You see, even the admin knows what are your intention because normally a trouble maker like me is going to be banned.

Begged. Wow. See your words always contradicting one you know.

Of coz lah, now you write what you write because you know I am not going to pay you a sen. But your thick skiness in actually wanting to charge me had got to be applauded. Why no other customers arrr.

And like I said. This menu is not only for me to see but potential customers as well. See the respect you have for the other customers?

Never ever said that 22% is something to be proud of but just highlighting that I am not a fresh grad. But ppl like you just not too smart. For me, I recognize that I am nothing special based on my job or my salary. Special means every year RM 1 mill at least.

And the thing is, you guys really prove my point from my first post. And actually I wrote what I wrote initially to indicate that if you guys really want to help others you would probably have introduce tax savings plan more. But why are those type of plans hardly suggested from you guys? You see, I did not come and just make a request and bash you guys up for the fun of it but just an observation that you guys never seem to really want to help others by not recommending plans to actually help others but are always interested in exploiting others and this thread is pure evidence.

Sorry guy3288. I really want to stop one. but even you also would have replied if you were in my shoes.

It is like forcing, coercing and threatening a restaurant to give out free food with the worst possible manners, just on the pretext that others will know about the restaurant.

I plan to surrender if the bonus is lower than EPF, and put to my parent EPF account.

If I surrender is it I get the surrender value plus the bonus value what I get ?

Hi bro,
You see the "Net Surrender Value" there?
That's your answer.

Beyond that, I can't help you.
Because I don't know you.
I don't know your financial situation, I don't know what your expectations are, I don't know the purpose this policy was put in place to achieve in the very beginning.

Until we conduct a thorough interview, this policy is just a policy loh.
You may read through the policy contract to understand the policy and how it works.
Is it relevant or not... You be the judge after you read through, because you would know yourself best.

Actually dun even need to pay the premium. Just wait for them to give you that bonus and surrender immediately.

Ps. See this is what I mean by the "help" you expect from an agent. And this is after the exchanges that we had. But I have to pay for his advice huh.

Actually this was what the customer representative advised me when I was thinking of cancelling my plan. But I decided not to because of income tax reasons.

And my bonus was paid before I paid my premium. You dun even know your stuff.

Your "friends" over here ain't that smart too because they would have probably asked you to zip it because you are making them look very bad. Or maybe they are the same level as you.

I feel sorry for you. You are supposed to give ppl the impression that you are helping them. But you cannot even do that

Ever considered some other profession?

Oh btw, why would you pay premium if you are not going to continue with your current plan? So you pay premium for the next year and then immediately surrender. So your insurance is no longer valid. That's pretty stupid dun you think?

Sure. As if I trust anything you say.

And funny, even after so much discussion, still never put into consideration tax considerations.

How can anyone trust your financial advice?

And obviously he is putting in his parents epf to max out his money lah. Why you so "straight" one. Cannot bend is it.

And if say something happens to his parents, his sibling is obviously not going to dispute over the money he put in right?

But maybe yours would.

Reading other comments, isn't the maturity value ultimately equal to the surrender value. Or I am wrong here.

Never know your relationship with your parents is like this
But then you probably lost your soul a long time ago.

Of course, for my case I expect my parents to return to me what is rightfully mine. But if that also they want to take. Then I give loh. But if your parents also you cannot trust then who can you trust?

Maybe you are the type who will ask your parents to sign a contract after you ask them to help you put money into a FD for elderly because you are scared they will not return the money to you. Not saying there should not be written because ppl can forget due to old age or if you have siblings and something happen to your parents at least you can tell your sibling this is what you gave to your parents to care for you.

Like I said everything extra you write only makes you look bad that's all.

  good advise for other readers but except for those that think and believes otherwise.

pump pump pump money in,...then realised he is NOT nominated ....   
or
pump pump pump money in,...then realised he is nominated for only certain % out of the total available 

there had been cases as reported some years ago by the Bar Council of Malaysia

btw,
after a certain age,....cannot self contribute into KWSP account anymore.

You obviously never read my post carefully. But why bother at this point.

Like I said. Maybe you have siblings that would probably take even the portion that rightfully belongs to you. Fortunately, at least my siblings are not this low.

Nah. You know and I know what are the true intentions at this point.

Based on what you have written so far, you would probably whack someone at his head if that means you will be a billion dollars richer and there is assurance that there will be no charges against you.

Not saying the parents should not change the nomination btw. But most ppl are not so calculative to be honest. I will definitely not put a knife towards my parents to change the nomination.

Even though I will not be surprised for you to use the last statement against me.

All you are doing right now is "damage reduction"

It's ok.
You know I know and those who are intelligent knows

Yes COI, but to me it should be the same (or at least similar).

You are welcome to Pm. I am not an agent hence I am unable to sell you anything.

People here said aia med regular have been discontinued and replaced with medi flex. Not sure how true is that.

For me, I just take the rm200 plan. No need so expensive cause I don't want to give insurance company so much money and I feel RM1.375M of coverage is more than enough for me.

Ya, I am looking for the deductible amount because I have company insurance.

According to agent: in future if want to increase deductible amount is more easier than decreasing the amount , Insurance company will do a review if you request for reducing amount because they will bear more medical charges.

Hi all Sifu, I got some doubt on my Prudential Life insurance policy. my insurance LIFE / TPD: 500,000 & Critical Illness: 500,000, if I’m being diagnosed cancer and unable to work, insurance can claim the 500,000?, and let’s say I passed away after the cancer, my family member can’t claim anymore from this insurance policy?