If you compared with the last 30 years medical policy, the coverage were around 10k to 100k on annual limit. Lifetime limit were imposed up to 3x of its annual limit.

But if you ask today, would those policy be suffice? If you're down with a long term illness, I.e kidney dialysis; perhaps a major surgery?

The purpose that the insurance do offer such higher annual limit is to take consideration of medical inflation over the next 20 years should you intend to hold onto it or depend on it for long term if you've already succumb to Illness.

hi guys
i helped my dad submit for a new insurance.
insurance compony requested a blood test report and he had some "H" in lipid profile tests. Currently not under any medication though.
total cholesterol : 5.8 (<5.2)
Non HDL
LDL

With that underwriter has decided an excursion clause on "hyperlipidemia and its related complication". I think the scope is too big, would like to get some advice on what I should be expecting with this excursion ? Any chance to get rid of this in the future ? Thanks a lot.

Have your agent to consulate with the insurance company underwriting team as they will be the one best suited to answer you.

It is your right to appeal.

Best,
Jiansheng

1. You can get the agent to appeal if you think it's not a fair exclusion
2. Apply with another insurer
3. If the reading can be reduced in the future, you may request for the insurer to reassess base on his latest health report.

hi cfc, how old is your dad currently? also what is the HDL and LDL reading?

This post has been edited by ckdenion: Jul 5 2021, 06:42 PM

total cholesterol : 5.8 (<5.2)
Non HDL : 4.1 (<3.4)
LDL : 3.5 (<2.6)
BMI normal < 24

thanks everyone,
i will try feedback to agent to request appeal review

Someone mentioned before, can buy n take over the counter medication for 2 to 3 months, then retest n resubmit the results

Hi all, would like to seek your advice for CI (preferably with early CI coverage) as standalone CI is quite expensive. Looking to cover till 65/70YO. Currently I have sufficient life insurance, so wondering what options are there for CI. AL about 500k to 1mil, age 39,WFH. Thanks

What do you mean by AL?

How much are you looking to cover?

What's your annual income and expenses?

Currently is 28 years old, working low risk job, non-smoker. Need some advise on which medical card should i take? standalone or ILP? and how to know the standalone or ILP medical card is guaranteed renewal? is it stated somewhere in policy?

AL= annual limit
coverage for about 500K to 1 million?
left about 1-2k after minus expenses, commitments etc

don't forget to ask, the auto renewal, will it be subjected to health assessment or premium increases when the time come...

If you're looking for comprehensive coverage then ILP.

Otherwise if you have no budget or just looking for medical then a standalone.

It's noted within the policy & brochure on the guaranteed renewal.

I won't be able to advise much as I don't know much about your personal finances.

I see, what you're referring to is a hospitalization & surgical benefit as Critical Illness has no "annual limit" but only the amount of payout that you've bought for the plan.

There are a few types of early critical illness plans available for early CI namely.

Early CI - Payout only once for early stage

Multi Early CI - Payout for multiple early stage of CI

If you're looking for a comprehensive coverage for yourself then the proper way to do it is to consult a financial adviser or insurance agent to determine what is the right amount of coverage is suitable for you and what plan are available that can match your budget.

This post has been edited by lifebalance: Jul 6 2021, 04:03 PM

Let say if i get standalone medical can i add on something like CI?

Nope.

You'll have to buy it separately.

188 condition for early CI https://www.greateasternlife.com/content/da...re-brochure.pdf

Multiple claim on cancer, heart attack and stroke.

Could you suggest some plans? actually im specifically looking for CI, but i understand that ILP+ rider CI is cheaper with better coverage. Would like to know if there is any product with minimal ILP?

Any thoughts on A-LifeLink2+ A-Plus Beyond Critical Shield & A-Plus Beyond Early Critical Shield? Currently I have A-LifeLink, is it the same as A-LifeLink2?

Thank you very much for your replies

A-LifeLink is the first version, the latest would be A-LifeLink 2.

Yes, within the ILP, you can choose to have minimum Death/TPD sum assured (Normally 5,000) while the balance you can put into the Critical Illness coverage.

A-Plus Beyond Critical Shield and Early Critical Shield are both separate riders to cover Late & Early Stage.

If your aim is to cover both. I would advise to get the multi critical illness as the premium is just slightly a little more but you'll be able to enjoy the benefit on multiple CI claims in the future.

There are a few companies that offer the Multi CI coverage

Hong Leong - 180 CI Care
Prudential - Total Multi Crisis Care
AIA - A-Plus Multi CriticalCare (not on early stage)
GE - Smart Multi Critical Care

I can show you the comparison but not here.

Hello All,
Just wondering what is the difference of standalone and ILP medical card?
I got offer from my agent. Surpsingly the premium of standalone medical caard is higher than the one of ILP medical card. Is there something wrong or is typical industry practice to charge higher price on standalone medical plan?

hi koo89, the information too brief....

1. Standalone medical card
-I assume there is a RM5000 life + medical benefits
*Due to regulation there must be life attached to it , insurer can set a minimum amount like 5k*
2. ILP medical card
-This can also be RM5000 life + medical benefit
-Difference is this can add on rider & have cash value inside

Both have to see the maturity date / sustainability / term duration in order to judge further which one is higher price.
There must be some benefit / coverage difference.

This post has been edited by ping325: Jul 7 2021, 09:26 PM