New thread wow
If I’m gonna be alone forever(no kids, wife), should I buy life insurance? Or medical card is enough?

Hi guys,

Currently holding a SmartProtect Essential with SmartMedic Xtra plan with Great Eastern since 2012. Thinking to spend some time to review the insurance plan that I bought because normally I just follow what insurance agent suggested.
Currently is 32 years old, working low risk job, non-smoker. Want to ask a few questions hope sifus here can clear my doubts:

1. If my company provide a company medical card with 80k annual limit, is that okay to sign up for deductible plan with deductible 80k for example? I assume I can change plan in the future to non-deductible plan without issue right (For example when I retired)?
2. Just wondering is there a way we can 'DIY' to compare the plans offered by different companies, or we straight talk to agent and ask for quotation then compare?
3. Personally prefer Prudential or AIA over Great Eastern. Just wondering is that still worth to switch since I already holding a policy with Great Eastern? I assume the benefits, premium, and claiming process should be almost the same across these three companies right?
4. What is the recommended R&B, I assume RM150 will be too low and RM200 onwards should be acceptable right?
Thanks a lot!

Thanks for the inputs.
Btw, what is the variance In premium per year between a 80k deductible n a non deductible plan for his age?

Hi, does anyone know any life insurance plan that will give higher cashback then what we have paid when reach maturity like 70 years old?

All medical benefit insurance requires an underwriting unless it's a Guaranteed Issue by the insurance company to you (normally provided you've been with them (the insurance company as a policy holder) for many years with no health issue/claims). Otherwise it's quite impossible.

However, there are guaranteed renewal medical card out there as well as non-portfolio withdrawal products. Just not "without any underwriting required".

Hey guys, I'm very new to this and have a few questions to ask.

Some background info: I have an insurance plan that is an "Investment Linked Policy" by Great Eastern Life called "SmartProtect Essential 2". As my mother was the one to secure this for me, I am unsure as to what degree this insurance covers me. The agent that sold this to her is her friend and is chinese-speaking and I am unable to communicate my questions.

Situation: I have a lump that I have found that I would like to get checked out. But seeing as I am very new to all this, I am unsure how to go about this process or if it is even covered by this particular insurance. The condition is suspected to be a sebaceous cyst but I have not seen a doctor about this as of yet as I am unsure how and where the insurance steps in. I am also concerned as I have been told over the phone that this policy only covers "36 critical illnesses" and offers no coverage on "early detection". This worries me.

Questions:
1. Is it possible for process of diagnosis to be covered by this insurance? I'm afraid to be stuck with a preliminary bill prior to actual treatment. Any experienced people, kindly advice.

2. If it is not possible to have the process of the diagnosis covered by the insurance, how do I go about this? Is it possible to go to a GP in say, a small clinic, and then continue onto one of the "Panel of Hospitals"? If the process of diagnosis is not covered, I would like to minimize the costs as much as possible prior to actual hospital admission.

3. What are the necessary information I would need to obtain from the diagnosis phase to progress onto the admission/treatment phase? Which ones will have involvement of the insurance company?

Apologies if these are silly questions to some of you. I am very new to this and the entire process has been such a blur to me. Hopefully some of you will be able to help shed some light and guide me.

hii do you know any good insurance plans that cover pre existing conditions/illnesses? google isnt helping much:(

Hi sifu, really new to this so sorry if I sound very stupid (because I am lol)

I'm 24 and wish to buy a medical insurance very soon. I have a few concerns that I would like to be cleared:

1. Which company in the big three (Great Eastern, AIA, Prudential) or any other companies has the easiest claim policy and no drama and no fuss on unable to claim stuff like that. Plus which has also the most hospitals that accept their medical card. Assuming all the other confounding variables that may affect this are standardised/ignored. (example of confounding variables: type of plan i might get, cheap or expensive plan)

2. Do you think if it is worth it to include "critical illness" and "waiver of premium" in the plan? And if I already have the "critical illness" plan should I still get a life insurance?

3. Should I do a full body checkup before I sign up for a medical insurance plan? Or should I not leave any record in any hospitals so that the company won't be able to dig them up 

Thank you sifus. I'll appreciate any help

Any prudential expert here?

My bro claim was rejected on the basis he was not admitted to gov hosp, but to quarantine centre. It is not his choice where he was sent to.

Any way can appeal this case? Pretty disappointed of this rule and he never claim anythg in the past 7 years oso.

Recently i was admitted because of back pain during lifting heavy object and the claim was denied too. I got all the relevent docs from the hosp. In my 9 years of paying the premium, the only thing i claimed was dengue fever which costed me RM600.

thanks for ur reply if u say 188 monthly what insurance like? my budget around 200

Thanks for the information; in fact my memory served me wrong, there's no such thing as guarantee returns after reviewing the policy again.

Unfortunately, with this high premium I am paying for Allianz insurances (8 premiums for 4 persons!) but getting horrible returns is something I want to get rid of.

Thanks again.

I have a protection plan from AIA (A-Life Signature Beyond), it cost me 1.3k per month, already paid for around 2.5 years.
Recently i review my financial status and i realize the cost of this plan was build up from A-Life Signature Beyond-RM555 + A-Plus CriticalReset-RM759 per month.
The initial motive i bought this plan was for the 500k protection (A-Life Signature Beyond) for my family, i do aware i have the reset plan, but i didn't aware that it cost more than my main protection.
So it came to my mind to cancel this plan (i dun mind the sunken cost) and go for pure protection, because 9k per year just for reset is too much imo.
But on 2nd though, i already paid for the 2 years 50% premium, if i continue to pay what im paying now, but withdraw 9k from my account every year, will the the reset plan still sustain? Is this approach possible instead of cancelling it?

ok understood, thanks!
Yes it's an additional protection, if i understand correctly, the reset grant me protection twice (which mean i still entitled for protection if 2nd illness were discovered). But the reset payment alone is more than my main plan.

remove/terminate the rider, mean the plan can be maintain but just remove the critical reset? no need to cancel and rebuy new plan starting from year 1 again?

I know i have CI coverage, but misunderstood on the combination
i tot my plan is A-Life Signature (Accident + Death + disablility + CI) + CriticalReset (Reset only), but actually is A-Life Signature (Accident + Death + disablility ) + CriticalReset (Reset + CI)
usually i like to ask around, whos know what she might hiding from me, and also getting different opinion from diff ppl often giving new insight