Hi sifus,

Wanna see some advice regarding to my insurance coverage. Read some recent posts above and this made me worried as it seems that I don't really know in detail about the coverage that I have. All the policies that I have below were done quite some time ago with parents' friend/relative so I guess they just want to sell the products at that time

For AIA I have the following, extracted from the info that I can see at the MyAIA website:
1) ENHC HEALTHGUARD / ENHC PA HG (Critical Illness Protection) - annual premium is RM780, coverage amount is RM100k. Actually what is this 100k means ya? Yearly limit?
2) EXCELPLUS - coverage amount RM50k - also what is this about?
3) TERM - coverage amount RM5k - again what is this about?

Also the (2) and (3) above was under the same policy and they are now under the "IN FORCE DISAPPEARING PREMIUM OPTION". May I know if I shall let it be like this or better to continue paying for the premiums?

For Great Eastern, I have the "CENTENNIAL ADDVANTAGE INSURANCE", paying RM200 per month. If I see it correctly, the medical limit is 180k annual limit / 1.2mil lifetime limit. I guess this is those medical card where I can use it during hospitalisation right?

My main concern is on the medical coverage, especially after retirement or when the company's medical coverage limit is exceeded. Also I see above, there was discussion about the waiver of premium paying when got illness, etc. May I know how do I check this and how shall I start from here? And how to see if the coverage is sufficient for an average treatment at private hospitals when needed to? Average meaning I'm ok with 2-person room, etc.

Also would like to see, if there's any redundant policies? Or any outdated policies that it's better that I surrender it and get a current one instead?

Thanks in advance

Ya this also caught me as well for my mother's policy. The premium I need to pay now is more than 2x the "projected" premium in the table that was shown to me 10 years ago if I remember correctly

This post has been edited by lowyat101: May 17 2024, 09:49 AM

I got this offer also, still wondering if want to upgrade or not. I've been trying to get the premium payment table to compare it with my current plan (SmartMedic 200) but to no avail.

Contacted GE but was told to upgrade first then they will send me the sustainability calculations

May I know if anyone here is familiar with this GMVE / GMVE + GMVPE rider? How much will be the extra premium if compared with my existing SmartMedic 200?

Thanks

Thanks for the info. Ya the letter got mention the additional premium - it's only RM55 extra per month but with the sustainability only up to 62 yo. I asked GE for the additional premium if I wanted the sustainability to go up to the original one (can't really recall the exact figures, but I guess it should be at least 70/80 yo?) but they informed that I need to agree with the upgrade first then only they will calculate for me

So I'm still wondering if it's really worth to upgrade without the exact info on the extra premium


This post has been edited by lowyat101: Nov 28 2025, 11:17 AM

According to them, my existing policy's sustainability has dropped to 62 yo due to the increasing insurance cost but I didn't increase my monthly payment. For my existing policy, based on the sustainability letter, I need to increase the monthly payment from RM200 to RM660 in order to maintain the original policy sustainability (300% increase ). So just wondering if I would to upgrade to the GMVE plan, whether the monthly will go much beyond RM660 or not