Insurance Talk V7!, Your one stop Insurance Discussion
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 May 10 2024, 11:10 AM
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#1
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Junior Member
190 posts Joined: Oct 2005 
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Sifu,
I currently have AIA A-Plus Health WITH 1.5MIL annual medical coverage. Recently I had received and upgrade offer to A-Plus Health 2 Medical Upgrade. Can I have expert opinion if I should take up this upgrade offer. Thank you |
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May 10 2024, 01:42 PM
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#2
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Junior Member
190 posts Joined: Oct 2005
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QUOTE(lifebalance @ May 10 2024, 11:35 AM) It's a good offer. Take it The upgrade coverage would be 10 Mil with monthly premium increase of RM 97. Would we need such a high amount of coverage? Is the cost of medical currently is such high? Please advise? |
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May 10 2024, 02:08 PM
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#3
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Junior Member
190 posts Joined: Oct 2005
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QUOTE(lifebalance @ May 10 2024, 01:43 PM) The higher annual limit is more to sustain the next 30 years incremental cost in medical fees. I understand. Another question related to this, until which age would this cover and what would be the rate of cover after the age? |
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May 10 2024, 03:09 PM
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#4
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Junior Member
190 posts Joined: Oct 2005
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Dear Sifus,
I would like to ask for standalone life policy. Any recommendation? |
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May 10 2024, 04:01 PM
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#5
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Junior Member
190 posts Joined: Oct 2005
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QUOTE(lifebalance @ May 10 2024, 03:34 PM) What's the sum assured you're looking at? Assured sum with option for 500k, 1m & 1.5m |
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May 10 2024, 08:54 PM
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#6
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Junior Member
190 posts Joined: Oct 2005
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QUOTE(adele123 @ May 10 2024, 06:18 PM) Short answer: taking is somewhat beneficial. Even without the 10mil coverage you still get other benefits as well. Meaning this upgrade is offered for plans which would go through revision? Does it mean that such upgrade offers would be given every time the policy is scheduled to go through revision??Long answer: your plan is going through medical revision, you will need to pay more premium when the anniversary hit anyway. You probably dont realise or havent receive the notification letter because havent hit anniversary yet. Follow your current coverage. If currently until age 80, it will be until age 80 also. Just assume things remain the same except you got upgraded to newer version with more "bells and whistle". I hope you are not surrendering old one and buy new one. Well noted on the coverage age. As for the life policy, no I don't plan to surrender what I have now. I'm just looking for standalone life policies which can grant for bigger sum. My current life policy which is linked only provides 50k sum for death. |
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May 10 2024, 09:23 PM
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#7
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Junior Member
190 posts Joined: Oct 2005
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QUOTE(devilmaycry9 @ May 10 2024, 09:17 PM) does this upgrade mean the deductible will change from rm300 to rm500? Yes but because I use vitality hence will waive this. JIUHWEI liked this post
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