Hi all, wanted to ask about my insurance situation

I currently have an active investment linked medical insurance from G that i bought 5 years ago and last year dec, i changed to a new insurance A that i bought from my wife’s family friend. I stopped paying premiums for G and started paying for A Insurance

She mentioned that i dont directly cancel my G insurance cus for insurance against cancer/critical illness/brain/heart from the new A insurance need to wait atleast 13 months to take effect.

She mentioned that my old G insurance still in active even though i dont pay its premium as it still has cash value on the investment and it can cover the cost of insurance.

Then, few days ago, advisor from G insurance called and mentioned that i have not paid since dec and i have outstanding amount of the premium. And he mentioned that if you dont pay, they might not release GL in case of hospitalization. Even thought i still have cash value to cover the cost of insurance.

Any suggestions?

I asked the A insurance agent, she mention is still ok as still have cash value from the investment

This post has been edited by alphacross: Apr 16 2025, 05:56 PM

I check on their online platform, i have 5.6k surrender/cash value
not sure how to check the cost of insurance, but if following what my A insurance agent say, it's 90 per month. If so, then i should be able to last 60+ months.