How much does your insurance policy pays out for critical illness?

Currently my own policy will pay out rm 60k, But my dad said is not enough and i should upgrade to minimum 100k

What do u think?

How old are you?

60k definately not enough.... People is aiming for 500k, 1 mill or so.
Premium like 300-400 per month, depending on your age.

What's your purpose/goal of buying the CI insurance?

This post has been edited by poweredbydiscuz: May 27 2025, 10:56 AM

about treefiddy

lel why TS like same case as mine, me mam also complained my previous 60k one for critical and TPD is not enough so ask me upgrade

im now on RM250k for both

500k CI coverage?

premium will choke die you once you pass 50 years old, when CI coverage really matter

In case if something happens to me, i do not need fork out a lot of money and my family does not need fork out alot of money for me.

if you are weak type or like to go hospital type better buy 250-300 per month insurance. if you are those dont visit hospital a year or 2 year type just get online insurance will do.

just a side note, insurance agent earn 100-150% of your annual premium per 5 years. if you paying 4k insurance annually, he is pocketing 4-6k commission within 5 years time. and i bet they will be finding you to pay renew your insurance 5 years later just to get more comission.

Up to your affordability lah. If you can only afford the policy of 300k then just go with 300k. No point pushing higher while you are suffering to pay for it

Mine 750k under a life insurance

300k.. but the premium is crazy..

ci premium is 50% of the total insurance premium cost

Your life insurancce is also 750k? How much u pay in premium per month?

800 myr per month.

Life insurance covers critical illness and a payout

Medical insurance covers medical bills.

I'm happy I'm covered so I don't burden my family if I die or get terminal illness

Some people use "how many months of income to cover" as their guideline.

Eg. one year can't work due to CI, so they buy 12x their monthly income of CI. Some may buy 2 years.

60k only ah? If kena cancer will double or triple?

well...yes perspective is age.
me heading to 50 already. purchase it when i was in my mid 20, and add another one in my early 30. So pay around Rm 500 for these ( include life insurance, and bundle with some investment)
Last time is like tat la, always mix with investment- promise decent return and such. but looking back- the return is really crap- 2% or so. that is where insurance company make their money.

Eh- the premium does not goes up as you aged. basically the younger you start buying- the cheaper it is per month ( but it add up over the years la, coz longer duration paying). Yes- we know they can increase the price with bank negara approval- but so far under control.


Anyway- moving forward- realized hospitalization is more important- with medical fees keep going up - so added an insurance coverage for medical 2 years back.
it was suppose to be Rm 400 or so for 1 million cap per year until 85 years old. - but based on medical report got some minor issue with my liver > end up need to pay around Rm 600 or so.


in short= i pay monthly Rm 1k+ per month. For a peace of mind.

how much and what to buy... really depends on your age and economy condition. Dont over stretch it.

This can also be covered by perkeso i think? I just more worry about the medical cost and fees

I am thinking to upgrade payout for critical illness to rm200k

critical illness? meaning medical card? mine is up to 1M until i am 100 years old.

if you purchase it early, ayam would suggest you check back the insurance's sustainability since fund performance is garbage grade. I wonder if they hire monkey as their fund manager. need to keep a eye on the cash values of your policy, if run into negative, your policy will lapse

ayam would chop that CI and purchase more on life / accident combo

This post has been edited by desmond2020: May 27 2025, 11:37 AM

Example if you have cancer, the CI insurance will give u a lump sump payout

Does your medical card covers cancer treatment?

1) Coverage amount see your income and liability lo. Takkan earn 2k amonth wanna cover 2mil CI?

2) There are early and late CI. If can afford go for early CI. Higher chance of recovery at early stage and can use the money to buy medicine, suppliment, extra income etc

Critical illness is 1 time payment when u kena either 1 kind of 36 listed illness.. after claim then habis already.. like a jackpot.

Medical card is admission to ward and can keep on claim as long as within ur limit and ur medical card still active..

So if u buy ci36 and kena fever, go hospital, later wanna claim and say insurance deny claim and u think insurance cheat you, then is u salah faham the product..

But if u buy ci36, kena cancer masuk hospital.. then u pay first.. later claim back ci36 payout for cancer..

This post has been edited by Boomwick: May 27 2025, 11:42 AM

i think mine doesn't give me lump sum unless i die of critical illness which is around 200k, i think.
my medical card pay for my critical illness treatment up to 1M (not sure if it refresh every year, need to check)

if ur dad pays for it, why not.

so it is life 200k plus medical card lo

anyway CI got catch one, some is only payable for end stage illness like cancer, and there is survival period after diagnosis which is from 7 days to 30 days.

Tat one 200k u buy is death / tpd..
Means mati, or total permanent disability (2 limb gone) only can claim that 200k..

In insurance, got 4 section

Life insurance which is death / tpd
Medical card
Ci36
PA (accident)

Ci36, is when u kena the listed 36 illness, no need to die or tpd, also can get claim

then i have to check on this

Mine lapsed because I could not afford.
I thought I had Medical Card but turned out to be ILP
RM464 after hike.CI only RM50000

I feel scammed.

i am not sure if your medical card pay for your cancer treatment. U better check.

This post has been edited by Le Don: May 27 2025, 11:57 AM

well... have to balance a little ba.
i would have enough savings to pass down to family if i die now, or die later... > so life insurance isnt that important from my perspective.

CI- is like kena the unfortunate lottery of the 36, will get some consolation.... but how much is this 300/500k?

my worry is fall sick, then need large sum for treatment/operations/recovery. so i put more focus on medical fees.



Also - i wrong perceptions that my company got this term life/medical insurance for me.... that was true when i was younger and got less to worry.
now seems that it is not enough anymore, and what if - kena MSS or going pencen. those insurance will be gone- and will be expensive to purchase in the 50s.

U check ur medical card whether

1m is annual limit, usually life time no limit (new plan)
This will be more expensive..


Or 1m is life time limit, and annual maybe 100k limit (old plan like 20years ago)
This also getting expensive already.. because the pool of people getting old and start claiming the pool fund, and also got people switch to new plan which is 1m annual limit..

for inpatient treatment, all is covered lol unless it is pre-existing condition

for outpatient treatment then need to be careful as not all medical card cover for cancer outpatient treatment

for some case, chemo therapy can be counted as outpatient treatment since you are not admitted during treatment

yes- many insurance agent will like to "mis-informed". ILP is where most their bonus and profit come from.

they are not stupid fund manager.... just that they take a big cut on the return on investment.

i recall compare to the table they give- on the return after 10 years. ( worst case- normal- best case).... the actual return is lower than worse case. when i bring this up to my agent ( which is a friend)... he was acting like confused forget what he sells

Ideally you should have medical insurance to cover for the medical expenses/treatments when you get hit by any of the CI.
CI insurance is better used to cover your other expenses like your loans, bills or whatever if you have to temporarily stop working as you undergo treatments, etc.

I see

Ci nowadays people start wothv1 mil.

Serious question...

I've an insurance that pay 100k for 36CI...
I bought it during my younger age, and as for today, after many years of investment and increment in my salary, I'm able to cash out 100k anytime from my investment portfolio.

At this situation, seems like life insurance isnt really very useful anymore? The only important thing in insurance is the medical card? Or im too short sighted?

cisin 500k CI.

Instead paying for insane premium might as well put more $$$ into EPF and let it roll. By the time u setengah mati it probably pay more than the CI.

got money tukar polisi la.

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.

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.

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?

My Medical Card policy i bought separately. and yes you are right it comes with CI most probably.

TS talk about critical illness, not medical insurance.

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

I also always confused between CI and Medical insurance/card.
Basically someone explained best, CI covers 36 illness and get paid outright if kena. MC is more hospital expenses.

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.

read your Policy, cakap lain bagi lain LOLOLOL, naiisee

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.

I just subscribed to extra rm100k CI coverage through EPF I-Lindung

depend on stage and type of cancer lah mypren