Whats age gotta do with it? U ever had any cancer family members or friends?

I have. 4 of them in my life. No matter how much savings u tried to build in your lifetime it doesn't mean jack when you are hit with cancer or leukemia.

Do you think premiums are cheap once you get older? Many people have this false idea that you pay a certain amount and insurance will always have your back. That is only true to a certain extent.

Remember, it is always the decision of the insurer whether to approve your claim. It is not guaranteed. And even when they do, it is sometimes not the full amount with some items not being covered. Get used to hearing about exclusions and pre-existing conditions.

You can start by opting for lower premiums in exchange for a co-payment. Don't spend that money, but start saving it.

Do not anyhow buy the insuarance. Only buy the necessary. And makesure you know what will be cover.

You don't need insurance when young. Only need it when get older like 50. Unless you have plenty of health problem. Save up and exercise more when young.

Do the math. You never able to save enough for medical cost. Even compounding.

Once you are in the operation table, cost can run 5 figure min. Pre and post treatment not included. The future cost is even crazy.

Look for a fix and a reasonable premium to insure.

how many people really can reach 99 years old and why need to cover till 99 years old?

No no. It doesnt work like that. The premium pay table shows premium payable by age groups. Example like this:

Age        Premium per month
30-38     400
39-45     650
46-55     850
56-65     1500
66-80     2000

So if you buy at 35 memang u pay 400 a month. As you age to 56, u need to pay 1500 a month.
If you buy at 56, u pay 1500 a month. This pricing is as off now, can be repriced by the insurance company.

So buying earlier allows earlier coverage, when old sick the insurance company won't let u buy also. Also buying earlier gives chance to build up cash value in the plan for use in old age lo. Thats all jer.

Something odd with the story. Take insurance 15years ago. Diagnosed with cancer 7 years ago. So why insurance no cover the cancer?

Then all insurance I know will have waiver once you kena cancer, meaning don't have to pay premium anymore and you get free coverage

That's when you purchase those policies very late.

This guy purchased 15 years ago. Why suddenly price at the point he buy now? Defeats the purpose of buying insurance early

This is old news, someone at age of 55 claimed his insurance triples from RM652 to RM1,800 monthly. But if monthly = RM1.8K, it will be RM21.6K in a year. At age of 55? Has health insurance become so expensive nowadays? Or something not really right with this news? Who at age of 55 is currently paying RM20K a year for your health insurance?
https://www.thevibes.com/articles/news/1084...-rm1800-monthly

A 55-YEAR-OLD single father, identified as Eson, was diagnosed with stage one bladder cancer in 2018.

Fortunately, at that time, he had his workplace insurance which covered his immunotherapy treatment that cost almost RM300,000 for three years.

Eson's cancer eventually got better but the doctor said that he was still at risk of the cancer returning and needed to be vigilant.

As a precautionary measure, Eson had bought an insurance policy for himself 15 years ago with a premium payment of RM652 per month.

"It's not easy to do sales work and Eson always works overtime which causes him to be constantly tired and exhausted, especially when Covid-19 hit.

"In 2021, Eson had to quit his job and take early retirement due to health reasons," Bayan Baru MP Sim Tze Tzin said in a Facebook post.

Unfortunately, Eson was under financial pressure at the time and spent most of his retirement fund within two years.

"To make things worse, the insurance company increased his premium from RM652 to RM1,800 - a three-fold hike which is really burdensome for a retiree.

"On top of that, the doctor confirmed that Eson's cancer had returned.

"At this time, all his savings were gone, and the insurance company insisted on not lowering his premium. How was he going to survive?" wrote Sim.

Who told you buy early will be cheaper when old? Got stated anywhere? No right? You think agent is angel ke? Lol this is the biggest bullshit that I have ever heard, agent who tell me this bullshit I straight block

Who told you buy early will be cheaper when old? Got stated anywhere? No right? You think agent is angel ke? Lol this is the biggest bullshit that I have ever heard, agent who tell me this bullshit I straight block

Who told you buy early will be cheaper when old? Got stated anywhere? No right? You think agent is angel ke? Lol this is the biggest bullshit that I have ever heard, agent who tell me this bullshit I straight block