Why specifically item 4?

Got agent to help with things, no good meh?

hi Ramjade, so far online products don't offer ILP. im not sure about AIA Allianz and Etiqa, but you can easily get AXA online medical card from their website

Hmm... I believe there are some rather unfortunate prior experience you had.

Yes, you're not the first person who thinks like that, and you won't be the last.
But then right, banyak banyak people that thinks this way, yet so many insurance agents like myself are making a good career out of it. How come?
So many people in the world so gullible meh? Cannot be mah, right?

Yes, it is true, the hospital staff fills up all the forms, which is not what I am paid to do, and neither should you expect that from insurance agents like myself and many of my colleagues here.

To put in perspective, the products available via direct access are very stripped down, very basic products.
More sophisticated products like ILP and many other traditional policies are only made available through distribution channels like myself is with good reason.
So we won't have young adults buying savings plans to pay for their wedding within the next 10 years.

The element of time is paramount in all of our plans.
No matter what plan you buy, and how you pay, you will be paying either way.
Even if you don't buy, you will have bought too.
Either we opt to have a low upfront fee, or to save money in the long term, people like me can only show you what the long term commitments look like.
And if we can get you want you want in the way you want it, why would any of us do anything other than exactly that?

The whole economy is already pushing for sustainability.
That is making sure our customers do well, hence we do well.
Yea, totally not expecting to change your perspective with this long winded post la. 
But whoever gets it, gets it loh.  :thumbsup:

  i thought you already mentioned in the beginning....

4. Able to buy online without any agent

Cause I don't need agent for hospitalisation as everything is fill up by hospital. Also why should I fatten insurance agent pocket and give them free holiday?

then why the sudden change of heart even if impressed?
what are the criteria target to be classified as having "impressed" you?
btw,...how hard should the potential agent "Impress" you so you can "Likely" will buy (not confirmed will buy)?

previously there was an article about this "Impressed"....

Sex and party for potential insurance clients
SOME insurance companies in Johor are recruiting female agents to have sex with potential customers, Guang Ming Daily re-ported.
https://www.thestar.com.my/news/nation/2010...surance-clients

So you did not realised that " not all insurance can buy online" before you posted this?

4. Able to buy online without any agent

Cause I don't need agent for hospitalisation as everything is fill up by hospital. Also why should I fatten insurance agent pocket and give them free holiday?

hi Ramjade, so far online products don't offer ILP. im not sure about AIA Allianz and Etiqa, but you can easily get AXA online medical card from their website

Fi.Life (can google it)

- insured by AXA General Insurance and Tokio Marine
- up to 2.1 million annual limit
- up to 100 years old

If you do that, (highlighted in blue) ...premium same price?

Like I read posting abt buying pm ut online, ..put on agent code or no put in agent code ...same price...

When you decided to buy medical insurance, private hospitals and doctors are happy because they will go for their paid holiday soon.

The poor will also be happy because have one less Q in govt hospitals.

Either way, is a losing payment.

I don't think anybody "loses." 

We're just in an integrated economy that complements one another. 

It is just that it is human nature that we project ourselves onto others, hence we act accordingly to how we perceive we would act in the other person's shoes.

No harm no foul, I'm glad you engaged an IFP too.  :thumbsup:

*hint hint*
Some of us here are certified planners too.
Like you said, this is a forum to share ideas, maybe we keep it that way?
We are also doing what we can to contribute to this forum as best we can. 

I doubted that could happens. He believes he knows more than IFP and thus why should he fatten IFP pocket and give them free holiday?

I believe that was the most suitable advise they could give to you, with the limited information that you chose to disclose to them.
The advise given also takes into account your risk profile vs your objectives with consideration for the feasibility and resources available.
Maybe the ideas you have in mind is not a good fit for your current situation, at least not yet.

I could ask you the same things,
can you believe at this day and age unit trusts still exist when etfs are around?
Can you believe someone asking people to buy foreign currencies with MYR when MYR is at its historical low?
In a way, they shielded you from potential risks (perhaps much more than what they think you can stomach) but yet, you're not impressed because they didn't say what you already have in mind.

Why didn't you execute what you had in mind then?
Needing to borrow some friction from a stranger?

Funny, you over complicated a simple thing 1 day ago, contradicting whatever you've said thus far, now turns back that going to a financial planner is better. Make up your mind.

1. Gathercare, cost sharing platform. Annual limit 1 million and renewable until 100yo.
    Can save alot for long term, can share your opinion on this

2. Critical illness - AXA cover 50 critical illness. I think the most comprehensive for online product.

3. Life - FWD or any other. Just google n compare

4. ILP insurance but pay less to agent - Buy through FSMONE Insurance. Got HLB, manulife, tokio, prudential and so on.
                                                          Last i check you also get back 30% of agent commission.

Can know the insurance that you found, might be helpful for me too since for sure you had done your research before choosing it.

16 years ago buy greatlife education insurance for my son for yearly premium of RM2150 and this month mutual get back only RM36218. Total contribution for this 16 years RM34400. The return is less  then 0.6%, is it normal?

Hi Sifus

i need some advice.
Thinking to upgrade my insurance coverage, especially death, TPD and CI
here is my existing plan
>Medical
>>Annual Limit: RM 3,000,000
>>Lifetime Limit: No Limits
>death 400k,
>TPD 400k,
>CI 500K
pay about RM1k monthly , combination of PRU and GE

39 years old, non smoker, single

My question is
>total 500K for CI is enough next 30 years?
>when im in CI, medical card is still working?
>when i'm in critical illness , TPD is claimable due other reason?
>is there any plan mainly for CI and TPD? expensive? single payout or multiple payout better?

hi, any GE professional planner here?

my gf mom help her buy 2 policy but dont know what for. yes you rea it rite and now seems unable to trace.

any way to rectify this? only know the policy is under my gf name. what i need is the policy coverage oni. the rest will come later

Answer: It depends. Personally and professionally, I’ve never added that rider or it’s equivalent into any of my policies.

If you are a competent and discipline with your own finances, remove it. Top up the cash value in the future as and when required. Do note that the A-Plus Saver Rider and its equivalent for other life insurance company comes with a 5% sales charge. You can see in the sales illustration that the allocation is only 95%.

Personally I always present 3 options for a client so I’d recommend that you add in Prudential to your comparison, as it is quite similar to AIA in terms of the medical coverage but perhaps you’d see an interesting contrast in premium.

With the recent episode with Covid-19, do note that Allianz medical card has an exclusion for “Any communicable diseases requiring quarantine by law”

Best,
Jiansheng

A-Plus Saver as mentioned is an investment portion top-up within the policy in order to sustain the policy.

Certain policies include this rider if your premium is not sustainable over the suggested period.

Is it worth it? Yes & No.

The investment portion is only 95% while you'll be deducted 5% every year as expenses and commission.

However, I do know how it will be in certain policies which I can see a huge advantage (You can say 95% of the insurance agent in the market will hilang kerja if I exploit it).

None the less, you can try to compare with other insurance company quotes to see the difference, don't just bang on your agent's word on "cheapest" "best" "affordable". As an advisor, I am required by my regulator to provide minimum 3 company quotation as a comparison so that my client can choose which is best for themself. Not me forcing them to pick which one that give me the highest commission

Answer: It depends. Personally and professionally, I’ve never added that rider or it’s equivalent into any of my policies.

If you are a competent and discipline with your own finances, remove it. Top up the cash value in the future as and when required. Do note that the A-Plus Saver Rider and its equivalent for other life insurance company comes with a 5% sales charge. You can see in the sales illustration that the allocation is only 95%.

Personally I always present 3 options for a client so I’d recommend that you add in Prudential to your comparison, as it is quite similar to AIA in terms of the medical coverage but perhaps you’d see an interesting contrast in premium.

With the recent episode with Covid-19, do note that Allianz medical card has an exclusion for “Any communicable diseases requiring quarantine by law”

Best,
Jiansheng

Haha, you got the wrong idea, doesn't work that way. But good luck trying to figure it out.

When I saw the report first time, I myself got shocked looking at such crazy good numbers.