I am with you on this.
Bought CI when young, value only 50/100k . Stopped paying few years ago and use the Bonus payout to self pay. Now Bonus pool almost zero.
Today i informed agent i will surrender the policy and get a payout. Plan to put it into epf.

My view is if i leave it to self pay, my surrender value would be zero.
Bonus interest in the policy i see average 4-5%. Same or higher i put in EPF, and i wont see it deducting to zero.
For the coverage of 50/100k , it is very small and in case of emergency I have that put aside.

For medical expenses, I still have medical card.

Isn't the policy stick together? I tot u have to surrender as a bundle.
Or u surrender the original policy and start another policy with medical card only?

I think mine upgraded to 5mil already lol. Of course I don't want it to happen.

They up the limit after I agreed to use co-payment. Not sure I bodo or not.

TS talk about critical illness, not medical insurance.

Usually when you get critical illness, you're deemed unsuitable for work already. High chances you will lose your job and nobody will employ you.

So how much you need to cover a lifetime of unemployment = your critical illness cover.

I did not research thoroughly, but i think perkeso covers us if we suffer from unemployment due to critical illness

What about your dependents? If you're comfortable with the amount perkeso cover, then you can keep your CI cover minimal.

honestly if im diagnosed with cancer..
i prefer not to be treated and just go like that.