My sister's family, whole family claim (I dunno why, their diet or what, everybody sickly and they are a young family, eldest kid 11yrs old only), can pay for premiums for next 20 yrs d . I dunno consider lucky or not lucky.

Worst than scam , go look at those saving product plan many of them only give out 1-2% each year worst then FD.

whatever shit you touch with them. do not touch investment link.

Well, the final say is from the insurance companies. If you are willing to, slowly increase your savings and reduce your premiums. At a certain point, you may have enough to forgo insurance completely.

Is it possible to "tipu" yourself when paying for any medical expenses from out of your own pocket?

That does not happen on average or all insurance companies will go bankrupt.

Don't approach insurance with a gambler's mindset. Don't hope to claim or turn a profit. You are betting against your own health and wellbeing. It is not worth it.

Either agent didn't explain to you properly & you didn't see the quotation documents - for GE the standalone plan's commission is HIGHER than the investment-linked policy AND standalone plan's (only the medical card portion) premiums are higher - that was 5 yrs ago when I studied the brochures. Now I dunno d.

Fk... Got one insurance amoi keep suggesting to me high net worth individual plan. At the end of duno how many years can take duno how much....

I read macam doesn't make sense....how come pay 4-5k a month only cover 1 million upon death? I read many of my friends sell those hibah Islamic card , only few hundred a month then upon death can get around 500k like that.... Seems like 4-5k pay 10 times more but a lot of the money going somewhere else.

This post has been edited by Knnbuccb: Sep 12 2022, 09:52 PM

Not betting, this is how you call it, risk planning. You kena 4D for health issues then susah lo. I force kaw them to buy it, if not, I might be the one to help foot their bills.

Ever bothered to ask how much premium for 100k deductible? Chances are you won't even consider the 100k deductible.

Don't be ignorant and give wrong facts to people.

If tandlone plan higher commission why would the agents actively push ILP instead of standalone plan. Standalone plan cheaper , should be able to sell more.... Unless you're telling me agents are so kindhearted they would forego higher commission to sell u things..

I don't depend on agent. I read every page of the agreement. Not the brochure, but the 100 page agreement.

My two sen advice generally to people.
Insurance is for insurance. Investment is for investment.

You mix the two, your agent driving Merc/BMW.

and this is bullshit.

Omg u couldn't be more right....She was driving BMW. At young age. We met up at cafe, I drove my mom potong saga ( just sold off my second hand jepunis old car ) . I curi curi go spy what car she drove and she caught me looking at her ... In my mom saga ... Malu sial.i faster drove away , hitting 180km/h on the straight

And yet she keeps asking me to buy high net worth plan. I should be the one asking her to buy.. based on the car she drives and what I drive, she's the higher net worth person . Every few months sure call me ask when free to meet.... I guess that's why agents need to be decent looking and put on a sweet voice .... Else people just won't meet them .. imagine if some landwhale ask to meet u also got no mood

Oh btw , u know what's funny. I bought plan from her when she was with *lb . Then now she change to other company I ask her eh then last time u sold me that ILP alrdy, why still need to buy this? She said ohhh this one much better than that one, the previous one so little benefit. In my heart I was like knnbuccb now u say so lousy then that time u sold to me say till so nice?

This post has been edited by Knnbuccb: Sep 12 2022, 10:10 PM

Coinsurance and deductibles are good ways of slowly reducing your premiums and coverage. It is a good idea if you are slowly building up your savings or if you already have workplace insurance.

this agent doesnt care about you
only care commission and upgrade new car from bmw

Because it's really good for the customer, perhaps? It's a win-win. If everyone is a scammer then the profession would have been banned lo, you have to give it to some (not all) who really worked hard to earn their BMWs and bungalows helping their customers plan.

only medical card doesn't come with investment, the rest critical illness, death, etc all comes with investment link

If the agent never told you there is deductible / coinsurance and caught you off guard when claiming, nothing to say although you really should have read and raised any questions during free look period.

If you were told and still caught off guard like that then that's all your own negligence

Show us the proof that standalone get more commission.

Is not scam...shit really happens sometimes...i got my ILP, pay 200 a month for peace of mind...