Anyone familiar with this offer? Worth to consider?

My current plan is old over 20 years





This post has been edited by trumpkampung: Mar 12 2025, 08:16 PM

I m ge agent.. wanna change? Come to me i give u good svc hahah

Where do you get this from? I don't see this offer anywhere.

its an offer emailed to me....with limited time offer to sign in

No free lunch.

premium got increase right?

Then next year price also upgrade

no underwriting = absolutely go for it, no regrets. I'd also take option 2. The premiums you pay will look like chicken feed in 10 years time when medical costs hit the roof

need to check amd see the price increment i need to pay. hopefully not too much

u better check the premium instalment got any change in the term of payment for long term

"upgrade" means your premium change lettew

Reconstructive surgery benefit??
Fuck me! I paid 20k for it now the new riders have it?

Yes, I suggest go for option 2

the fact that they are offering you an "upgrade" means that the term they previously set for you is very good to you and bad business for them.

there is really no free lunch especially with insurance company.

check each and every term they "upgrade" and the premium increment.

U Google how many ppl sue GE first

My mil after kena upgrade when claim insurance company deny claim say she memang want to claim that why take up the offer . Padahal the upgrade is by the insurance company blanket upgrade to all user .

how much top up?

If you are coming from an older medical plan (SMX and before), it's a no brainer to upgrade.

If you have SMM/SMS, not sure if this upgrade will even be offered. It is inferior in some ways (higher deductible). But in general it is slightly more comprehensive, and the premiums are like to like.

If you are coming from an older plan, this might, if anything, be cheaper.

This plan is different.
Same plan but with added benefit.

Pay more when you will not die tomorrow.

15mill limit can send patient to USA aa?

my one jump 100 ringgit. now paying 450 a month 🤦🏻

No wander my GE agent keep calling me and stating want to treat me lunch after of no contact for 10years..

Below is the message..
Dear xxxxx,

Congratulations 🎊

You have been specially selected to take part in our *Level Up Medical Coverage Campaign*! 🔥🔥
 
Through this campaign, you are eligible to enhance your existing medical rider(s) with _*no underwriting, no health questionnaires or no declaration required, and no waiting period*_!🤩
Upon in-force, your new medical plan/rider(s) will be immediately effective with only pre-existing clause based on your old medical plan. In other words, all the medically necessary treatments and conditions that are covered under your old medical plan, will be covered under this new plan with richer benefits.

Here are some of the benefits you will enjoy by level-ing up 📈to our latest medical rider(s):

🛡️High Overall Annual Limit
🛡️No Overall Lifetime Limit
🛡️Enhanced Inpatient & Outpatient Benefits with minimal deductible every policy year
🛡️Coverage on Communicable Diseases
🛡️Extended Cancer Coverage
~ Plus many other benefits!

You are one of my few lucky🍀customers who are eligible for this great opportunity with hassle-free medical conversion 🆙! This exciting offer is only valid for a limited time ⏰, and I m looking forward to sharing with you more about this campaign. 😀

Let's catch up …. Date & time😊👌
Cheers🫶🏻

This post has been edited by twilight_fever: Mar 12 2025, 11:19 PM

are you considering taking up the offer? the old plan has too limited benefits N limit

Maybe old plan they cant simply increase premium, but the new one can.

These agents will disappear the day you purchase a policy and will magically reappear when they want to 'upgrade' your policy or sell you new ones. Anything in between it up to you
to settle it yourself with the company.

old plan zero deductible but this new plan has deductible 500

Depending on the upgrade increase in premiums, generally should take. Aside to better features and limit.

The upgrade is offered to healthy, selected group of customers holding of old medical plans. If majority takes up the upgrade, can u imagine who will be left in the old medical plans? And whats the impact to the old medical products ?

Slight downside is got 500 deductible lo. But could be a good thing. So ppl dont anyhow go claim for small small thing

Actually got good and bad ,but one thing is no free lunch from insurance company. Myself I maintain two medical insurance.one is my very old policy Aia (but super easy claim) and one from G. I do have bad experience with G when they reject some of the claim which ended I pay myself .

Da G*E* I bought just 3 year and same dilemma like you ...more coverage , high coverage etc etc .looks good on paper almost can cover everything . But now they keep increasing price which makes me worry I might not be able to afford it on long run.

This post has been edited by TRAZE99: Mar 13 2025, 11:06 AM

got it... option 2 top up is 3x the option 1.

You are slightly wrong here.

The new plan offered as an upgrade to existing policyholders without medical underwriting is Smart Health Protector Exclusive.

The new plan that customers can either purchase or upgrade to with full medical underwriting is Smart Health Protector.

If you are still healthy and don't have any adverse health issues, I will strongly urge to upgrade to the non-exclusive version of the plan.

Reason being? The exclusive and non-exclusive versions of the plan will be monitored in separate cohorts. The repricing will be done separately in the future. Think logically - which pool will have older and sicker customers, and consequently higher claims ratios? Of course the exclusive version.

Now, if you already develop adverse health conditions, don't bother with overthinking and just get the upgrade.

In either case, be it if you get the exclusive upgrade with no medical underwriting or the non-exclusive version with full medical underwriting, you're better off than staying in any of the pre-2020 medical plans where the claims ratios are terrible and the cohort is old and sick.

next time got repricing, they gonna charge you kao kao coz your plan higher tier already. if you read the damn super fine print of few pages t&c, you'll realise that there's "no free lunch" written there.

This post has been edited by coyouth: Mar 14 2025, 02:13 PM

which insurance company is this? so cb one.

This post has been edited by coyouth: Mar 14 2025, 02:15 PM

Yeah, im aware of course.

Alianz

worth to top up?

can ask for policy wording?

So err, its all false advertising?

TS put out the offerings, look good.

So what is insurance co will set off in exchange for those better benefits?

Option 2 premium quite significant, for me almost 40% increase. Option 1 12%.

I guess that they can’t increase the premium due to public pressure… so they come out with this campaign to entice people to upgrade.

Sustain until age ?

you accept mean GE has the option to revoke older TAC with newer ones

how many times did you claim before?

never claimed before ... mid 40 now

will check mine shortly... the details need to open their portal to download ...

just checked my offer

increase is really high

This post has been edited by trumpkampung: Mar 17 2025, 09:27 AM

*just checked my offer

my old one looks useless
approx rm2000 yearly - coverage rm50k per claim/year and lifetime only rm200k. Damn freaking low
( policy started sometime in 2005 and 2015 there was an upgrade)

new offer
option 1 is appox rm8k per year (5mil)
-extra rm6k from current / per year


option 2 rm9300 per year (15 mil)

extra rm7300 from current/year


increase is really high




but now i feel not worth even keeping the current policy
rm50k/rm200k lifetime. is it better to just cancel this policy?


another this is current room n board rm 150 and the new one only rm200. they did not give the rm300 room n board despite the steep hike in premium. look like not worth it at all

the insurance policy now is the premium start from low if you are young and going up until the sky and force you to stop the policy.
you need to check the premium increase as you getting older + another 10~20% on it(inflation) and see yourself can afford it or not by that time.
No use give you figure big big sum insured but later at old aged really needed it but cannot afford the premium anymore.

we normal person as we getting older, income will be stagnant/reduce or worse, redundant.

A lot young persons only think now and buy the biggest policy but forgot the biggest part, the policy premium will increase in time.
the keys point is make sure you buy a basic and can afford it really really long term first.
as u going, can just buy another and upgrade and add on whatever you fancy and afford.


the bold part

me got a similar policy as well like yours. as me is cancer survivor. Me cannot add any insurance anymore from the date me diagnose cancer and got done angioplasty.
I still got 1 policy with balance around 40+k lifetime and yearly premium around 3k. Me also need to make decision on this sooner or later.
I do foresee myself will use it in 10 years' time as me need do angiogram and colonoscopy in future as precaution step

This post has been edited by Iceman74: Mar 17 2025, 11:18 AM

AIA already offer unlimited coverage

why not stick to the old one, rm50k/year or rm200k/max

come May 2025 , private hospitals will have to do itemise billing and they cannot overcharge and Insurance claims need to be more transparent & that rm50k threshold might be able to sustain most claims, unless its those super expensive ones which you can refer to gomen hospitals as a rakyat to get cheaper rates

New one got deductible? Higher deductible cheaper premiums.

Did you compare your existing one with kaotim.my? Most importantly compare till age 80. But that’s just an indicator lah

confirm la

young or not young, the premium will increase either way due to time and economy factor.

no matter how you spin, basic insurance will always be affordable or nobody will purchase them anymore.

im not entirely sure why all pipu have the mindset say must die die buy from young because it's cheaper.

i don't feel any difference at all since i've purchased my insurance in 20-ish and now im in 30-ish.

also, what you bought 10-20 years ago is totally different with new 'upgrades' on current insurance especially medical cards. so yes, you paid cheap premium in the past, but it's also almost equally useless afterward.

This post has been edited by a13solut3: Apr 28 2025, 09:51 AM

the rates in the past are not comparable to rates of today

last time early 2010s my annual medical coverage only RM60k was considered "basic". now annual RM1mil is "basic"

yes.. do you want to consideR?
i am a GE agent... i can help you with this plan if you intrested...

That's exactly what I'm talking about.

Eventually you still need to 'upgrade' the plan or you stay at your old plan while paying the 'almost' same premium.

yeah so its the other way round, we are paying more in the past for what they actually can offer zzz

maybe you too young for now.
you need to understand, previously there is not so much condition in the insurance plan to be able to take it up and approved
even the insurance claim is much straight forward. The clause term in newer insurance plan is getting longer and complex.

Now, if your immediate family members got any case of cancer, heart disease or even history of hypertension/high cholesterol, most properly will not accept yours to buy their insurance.

If you over 40, they might need you to do medical test and check your background b4 they even want your money

buying when young is a way of securing insurance protection earlier before your parents start showing symptom of long term medical complication.
In my case, as parent, buying when my kid is young, they have some form of protection if something happens to me.
Me got buy a rider during that time, me no need pay anything until my son reach 25 years old since I got diagnosed with cancer during in my 30-ish.
Yes, I agreed, the protection is lesser comparing with current policy but that doesn't mean they won't be able to claim.

Beside there are many types of medical insurance out there.
I have an auntie buying a policy with medical protection of RM100k per year. the condition is premium won't increase. Just need to continue pay in order to be inforce. She have a lot complication now due to kena Covid severely. Last year already claim the max 100k. During Covid era, also got
Imaging without this amount insured, how difficult her kids need to fork out this figure.

the key words is "future planning" and "spread the risk"

Remember, insurance company only insured healthy people. They are after all business entity, not charity biz

there is always KKM seringgit, which insurance agent like to demonize

If you’re young
Buy something that guarantees renewal to 80 at least. Because when you’re young and healthy everything is covered and no exclusion.

When you old only buy
Maybe got high cholesterol or bp, they might exclude certain illnesses or outright reject you.

Yes, you can say buy for what, company provide. Well, when you claim from that company’s policy, the condition is made known and moving forward whatever you buy won’t cover that anymore. Unless you own the company, else realistically you’ll lose it when you leave.

Young don’t need buy expensive policy. Got something is better than bare naked 0.

They good ler.
Last month got chance try their services, ok ler
Less than 2 hours visit from just drop in no appointment to get the medicines.

Go sunway almost need same amount of time tim or longer but pay more than 20x

more like some people dont want to mingle with peasant b40, thats why willing to pay alot more.
i remember last time when i visit specialist with company insurance, nak issue guarantee letter take 2 hours, so just jumpa doktor with the risk of needing to self pay

in the end, buy or not buy, you need to talk to a reliable agent.

my advice as a past agent, buy if you want more options in your treatment or better hospital.

If you dont buy, make sure you have savings for it. How much? How bad do you want to treat before let go?

If you buy, how much depends on risk type and portfolio. No saving? better buy more cause you will never able to form your own emergency fund. If want to cover up to the roof, then all in. If want to buy a middle package, refers back to first question, how much you want to pay before you let yourself go.

Anyway, you always have GH there.

I don't have any issue with getting insurance even when my father have diabetes and mother passed away 15 years ago from cancer. I just bought a new medical card like 2 years ago because my 2018 insurance covered way too little at same pricing. It's like 100k vs 1m for RM350!

may I know your age group and which provider?

usually i heard providers don't like those with family history...

It was 30-40, from Prudential to GE.

Kena tipu by ge goes ja, invested 50k, now value still not reach 40k.

This post has been edited by kelvinfixx: Apr 29 2025, 12:00 AM

Good news l lo for u…..dunno how much effect of family history to underwriting requirements lah. Maybe not so significant, dont know.

Good for u.
Anyway pls do check the policy clause.
Don't want to mention name, some insurance company give big figures but if you read thru the clause, those common and required big amounts like dialysis and cancer have certain limits, cannot claim to the advertise amounts