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 Insurance Talk V7!, Your one stop Insurance Discussion

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Deathscythe@@
post Nov 4 2021, 06:58 PM

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Hi, my mother medical card recently price hike from rm248 to rm404 . Age 61. Coverage 100k and room and board rm150. Any advise to cancel and find a new policy? The price hike seems too much while the coverage unchanged.
Policy bought year 2016. Never claim before and no long term illness etc.

This post has been edited by Deathscythe@@: Nov 4 2021, 07:01 PM
Deathscythe@@
post Nov 4 2021, 07:38 PM

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Junior Member
989 posts

Joined: Jan 2011
QUOTE(ping325 @ Nov 4 2021, 07:22 PM)
Advise you to perform endorsement to your policy whether to decrease , maintain or upgrade policy.

Not advisable to cancel and purchase new due to the waiting period and also by purchase new, it’s gonna be costing more. You can try to ask agent to quote and compare with your existing policy if you still want to know the price differences thou.
*
2016 monthly was rm200++ now rm400++..

Annual limit 100k
Lifetime limit : n/a
Kidney and outpatient : 250k lifetime limit.

I just checked back my mum policy. Seems price hike a lot. Not investment plan. Aia 150 I plan.

 

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