It has come to my knowledge recently that only AIA covers for hospitalization (medical card) due to ‘Pandemic’, thus any admission due to Covid-19 can be covered by their medical card.

Being a Prudential customer for close to 20 years, am a little disappointed that PMM or PVM does not offer the same benefit; especially when we need it the most.

I understand that one can opt to be treated in private hospitals at present if one is to be unfortunately infected with Covid-19. The cost cost of treatment can run into hundreds of thousands if you’re in the critical stage.

Am looking into taking up AIA’s medical card and eventually disposing off my PRU med cards for the entire family (Will maintain Life, TPD & CI with Pru).

Need some unbiased opinion on this matter.

It has come to my knowledge recently that only AIA covers for hospitalization (medical card) due to ‘Pandemic’, thus any admission due to Covid-19 can be covered by their medical card.

Being a Prudential customer for close to 20 years, am a little disappointed that PMM or PVM does not offer the same benefit; especially when we need it the most.

I understand that one can opt to be treated in private hospitals at present if one is to be unfortunately infected with Covid-19. The cost cost of treatment can run into hundreds of thousands if you’re in the critical stage.

Am looking into taking up AIA’s medical card and eventually disposing off my PRU med cards for the entire family (Will maintain Life, TPD & CI with Pru).

Need some unbiased opinion on this matter.

what does it actually covers?...the cost of the expenses or just provide some sort of "consolations expenses/benefits"?
and also does this "benefits" has any sort of "coverage effect expiry date" or until total targetted pool of money being used up?

what does it actually covers?...the cost of the expenses or just provide some sort of "consolations expenses/benefits"?
and also does this "benefits" has any sort of "coverage effect expiry date" or until total targetted pool of money being used up?

got his from the net,...

AIA MALAYSIA OFFERS TWO FREE COVID-19 COVERAGE TO HELP EASE MALAYSIANS’ CONCERNS
08 June 2021
https://www.aia.com.my/en/about-aia/media-c...s-concerns.html

from this A-Plus Health Medical Protection link
https://www.aia.com.my/en/our-products/medi...lus-health.html

mentioned,....

EXTENSIVE COVERAGE FOR COVID-19
Under this medical plan, you will receive extensive coverage for COVID-19. If you were to experience any side effects or complications from taking an approved COVID-19 vaccine that requires hospital admission, you will be covered for the cost of your medical treatments. Our COVID-19 coverage also includes hospitalisation in the event you contract COVID-19, whether it is an admission to a government or private hospital, as deemed necessary.

i noted this condition "If you were to experience any side effects or complications from taking an approved COVID-19 vaccine .........."
will it meant non side effect not covered?? 

Hi. I am currently on PRULink Assurance Plan. My monthly payment is around RM 337. I would like to change to a cheaper plan. Is AXA Medical good? Any agent can recommend me?

It has come to my knowledge recently that only AIA covers for hospitalization (medical card) due to ‘Pandemic’, thus any admission due to Covid-19 can be covered by their medical card.

Being a Prudential customer for close to 20 years, am a little disappointed that PMM or PVM does not offer the same benefit; especially when we need it the most.

I understand that one can opt to be treated in private hospitals at present if one is to be unfortunately infected with Covid-19. The cost cost of treatment can run into hundreds of thousands if you’re in the critical stage.

Am looking into taking up AIA’s medical card and eventually disposing off my PRU med cards for the entire family (Will maintain Life, TPD & CI with Pru).

Need some unbiased opinion on this matter.

what you're experiencing is normal.

If you don't follow the advise to top up then you'll just have to bear in mind that your insurance policy will end earlier than the original term.

hi chiayi91, maybe you can elaborate more on "review"? as in is the plan good or not? is the plan suit your needs or not? what your needs are for plans like this?
if just for savings, there are many better ways compared to Great Flexi Wealth. refer to Holocene's options.
hi frankzane, you check is the notification regarding "Policy Sustainability"? if yes, then for investment-linked policies bought before 2020 will receive notification as such possibly to request top up to make sure the policy cover to certain years.

In that case, what am I paying for every year?
Thanks. Yes, it is the Policy Sustainability. Can I just ignore it and hope the market will improve and so does the insurance sustainability?

In that case, what am I paying for every year?
Thanks. Yes, it is the Policy Sustainability. Can I just ignore it and hope the market will improve and so does the insurance sustainability?

In that case, what am I paying for every year?

Thanks. Yes, it is the Policy Sustainability. Can I just ignore it and hope the market will improve and so does the insurance sustainability?

too limited details, can't really advise you much

1. If you're paying 337 now, what is consider "cheaper" to you?
2. What sort of benefit are you looking to reduce/maintain from your existing?
3. What sort of benefits are you looking for?
4. Don't have any details of your existing coverage & your personal infos

I am 40 years old this year this year and my policy rate keep on increasing every year. My policy cover 1 million and inclued savings too, But i am currently facing finacial cirsis as i have to pay for my wife and daughter poilicies too, thats why i am looking lower coverage cheaper alternative. I heard that AXA 3-in-1 policy is below RM200 per month. Is AXA policy easy to claim and reliable?

I am 40 years old this year this year and my policy rate keep on increasing every year. My policy cover 1 million and inclued savings too, But i am currently facing finacial cirsis as i have to pay for my wife and daughter poilicies too, thats why i am looking lower coverage cheaper alternative. I heard that AXA 3-in-1 policy is below RM200 per month. Is AXA policy easy to claim and reliable?

indeed many people facing as issue like yours during this pandemic.... there are few option instead of surrendering the policy.

1. apply for payment deferment for 3 months
2. apply for premium reduction by downgrading coverage , you can upgrade again in future [ if healthy ]
3. withdraw your investment account cash value for emergency use ; top up back later on when your financial status back to normal

I am 40 years old this year this year and my policy rate keep on increasing every year. My policy cover 1 million and inclued savings too, But i am currently facing finacial cirsis as i have to pay for my wife and daughter poilicies too, thats why i am looking lower coverage cheaper alternative. I heard that AXA 3-in-1 policy is below RM200 per month. Is AXA policy easy to claim and reliable?

just asking for knowledge....on this item 3,.....will interest rate be charged for that withdrawal? if YES, what is the rate pa?

Oh ya, if you're focusing into just pure savings, depending on your volume of savings, there are guaranteed 4% fixed interest deposits (renewable every 2 years). If you're willing to put longer term, they could give up to 4.29% ~ 7.89%

What are the fixed interest deposits you mentioned? so far I see FD highest also 2.5% only.

just asking for knowledge....on this item 3,.....will interest rate be charged for that withdrawal? if YES, what is the rate pa?

What are the fixed interest deposits you mentioned? so far I see FD highest also 2.5% only.

hi chiayi , maybe put it this way / in lay man terms

FD
you set an amount like RM5000 and FD term for 1 year
1.during this one year you can still withdraw 5000 out in case of emergency but all interest gone
2.keep this money for 1 year and you get the interest + your initial 5000 capital

Life insurance savings plan [ regardless of insurance company ]
1. you set an amount to save every month...for example RM50
2. you set a term that you need to commit .... normally 20-30 years , you need to commit with the duration terms at first
3. as long as you continue to save , you can get guaranteed / non guaranteed bonus or interest [whatever that insurance company written in black & white]
Difference here is :
1. if we are diagnose with CI / disabled , savings plan still go on and born by insurance company
*subject to different insurance company terms & condition on covered waiver
2. you can get bonus / interest in between where you can partially withdraw or just keep inside the saving account ,
normally principle money is locked until end of contract only can take out.
3. most of the cases , after you commit the savings plan and in between if you want to withdraw principle money is not allow,
if you fail to save / surrender halfway, your principle $$ / portion of it will gone depend on insurer T&C written.

Same goes with EPF , PRS , SSPN and so on ... all got their different function and terms ,
Most importantly is you understand each of it in details and choose those that suits you the most.

1. if we are diagnose with CI / disabled , savings plan still go on and born by insurance company

2. you can get bonus / interest in between where you can partially withdraw or just keep inside the saving account ,
normally principle money is locked until end of contract only can take out.

Same goes with EPF , PRS , SSPN and so on ... all got their different function and terms

it's not Fixed Deposit that I was referring to. Unfortunately I'm not allowed to promote it here.
why not paint the full picture on Pru's saving plan and not just the good part?
- Would you rather have an insurance payout or continue to "save" money while you're in a condition that needs you to utilize money for treatment?
- Sounds pretty nice by the description till you show them


All these above you've mentioned are retirement funds which are locked away till you're Age 50 - 55. It's not as accessible compared to a Saving Plan where you allow a person to make withdrawal / loan which defeats the purpose of saving for retirement. Moreover, a chunk of money is paid upfront to the agent's commission which affects the long term return of the policy holder.

Thanks lifebalance for the quick reply!
Looks like Allianz more suitable for me although Prudential COI looks lower.

May I know for Allianz, if I receive medical treatment in Singapore, will it limited to charges that equivalent local treatment in Malaysia? And whether it is pay and reimburse or it will be cashless as well?

Also, can we choose to invest GLOBAL ARTIFICIAL INTELLIGENCE FUND or ALL CHINA EQUITY FUND?
Thanks again!