Same %?

If yes, then puzzling as it should be very competitive.

Maybe hv extra coverage like
Add-ons: Optional add-ons like windscreen coverage, roadside assistance, or personal accident cover can increase your premium?

This post has been edited by MUM: May 16 2025, 09:21 PM

All are standard.

All just legal liability of passengers and legal liability to passenger for negligent act only. For tokio got additional personal accident, flood allowance and hospital income. look like tokio more worth.

Can share u all buy from which insurance company?

This post has been edited by edwin1002: May 16 2025, 09:32 PM

Liberty insurance

Gais. Ayam go work singapore soon. Ayam want medical insurance. Later if ayam sakit in singapore no money to pay for hospital.

Should buy it while im in malaysia or singapore? p/s im not required to have medical insurance for my job. my employer got provide coverage but i still want to apply medical insurance.

if you doesn't pay tax to Malaysia, dont fuel up RON95 and seek treatment in Malaysia

Company should have insurance. Use that

If Im not mistaken SG insurance policy differs from ours. Here, most of the company gives high out-patient amount or unlimited, so covers GP and specialist center.

Whereas in SG most company dont practice that, they have decent in-patient policy but out patient is very much limited, and mostly certain amount like 2k-5k per year is given. Which is hardly enough for specialist center or one need to frequent a GP.

It does. Just ask the HR. SG insurance coverage is not that inferior

Last time my out-patient GP & specialist coverage even got panel of clinics/hospital in JB, for those employee that stay in JB.

Since you are not required to hv medical insurance in Spore yet you still want to hv it,
unknown to where you worked (you could be working in the hospital) and unknown to the amount of your employer's provided coverage ( you could be working in the higher executive/mgmt level),

Since you just want to buy something which you already said you dont need it, then just buy from "both" sides and buy it at the highest coverage/benefits you can afford.

summoning ramjade

I need help regarding my insurance. I got SMS saying that my insurance premium will be hiked on 1 Jul 2025.

What happen if i continue paying the same premium amount?

mu monthly premium is enough to cover insurance charges. And Insurance funds is the lousiest fund ever. Imagine this, bond fund after 5 years, return is mere 2%.


I really dont know why I cant just pay the monthly insurance charges only. Why i am forced to invest lousy funds?

Prudential says if i cant afford, ask me to downgrade, my plan is already the most bottom and i already copay 3k

This post has been edited by john123x: May 24 2025, 06:56 PM

What happen if continue paying the same amount?
Well you can. Just that your coverage duration decreases. How much, there should be a letter saying how many months or year decrease if maintain current premium.

I really dont know why I cant just pay the monthly insurance charges only. Why i am forced to invest lousy funds?
1. They want to make more money because by you signing up for ILP you are force to buy life insurance, critical illness insurance even though amount of coverage is the bare minimum. There is also annual expense fees charge by unit trust around 1.5-1.8%p.a. Never underestimate these small fees. Overtime they become substantial.
2. Easy to sell ma. People like easy stuff. Oh you just pay this amount, we do investment and hopefully the investment pay for your insurance.

Well you can. If you are healthy and no illness, just surrender your insurance (make sure to write in) so you can get money back. Buy standalone and use the excess to invest. If you don't know how to invest, dump it into kwsp. If you want better returns S&P500 or QQQ etf. EPF, S&P500 and QQQ will definitely outperform whatever ILP you can buy over 20-30 years time frame.

This post has been edited by Ramjade: May 24 2025, 08:02 PM

thank you, i decided to pay the same amount.

what i really worried, is they cancelled my policy despite having enough balance to cover insurance charges

elven88
Wrong guy but nevermind I will try to answer.

The big names in Malaysia AIA, GE, Allianz, Prudential have Singapore coverage be it standalone or ILP. Prudential does not have standalone and allianz standalone is pathetic.

I don't know is it pay and claim basis or sort of cashless

They will in the future down the road (that is where the coverage years is reduce) if you have not sufficient cash balance inside.

Another way to make it as sustainable is be 100% equity. if they have equity with US equity, the largest amount, choose that. Equity will also give more returns Vs bonds over long long term. Yes US market is scary right now but US market have always been easy to make money. Agents will shoot me, but if you know markets you have to face reality.

Unfortunately insurance in Malaysia have very poor overseas exposure as if by design. Most funds are focus locally.

This post has been edited by Ramjade: May 24 2025, 08:15 PM

my current insurance charges is RM52.69 a month. When my monthly insurance charges over my premium, then i topup extra.

Well you need to monitor when insurance cost more than the investment. I believe it is visible online on the platform your cash value.

If you see your cash value drop, that is when they started minusing your investment.

I had the same questions as you alst time

As a Prudential customer I can tell you that there is no way for you to 'maintain' the same premium amount with same benefit

I asked before, simply cannot. Only way they give you the option to reduce your benefits and when you approach your agent for that the agent will try their best to 'siam' so as good as cannot lah, maybe if you insist by going to their branch counter it could be done. But like you said, already low coverage and with copay what else to downgrade rite?

GE they gave you the option to maintain all with shorter year of coverage

AFAIK and I checked with Prudential branch counter before

As long as you have sufficient cash value, no reason they can use to cancel your policy

So if you want to use that method must enfure time to time your cash value is sufficient

Can I ask whats your action for your own case?

- close policy and jump to another insurance company?
- endure and pay the hiked premium?
- maintain paying same premium amount?