Understand.

Well, I am not sure why I got such a feeling that Allianz, GE and Pru have overwhelmed Lowyat and others Insurance Companies hardly make any sound or active in discussion.

Is there any comprehensive list of medical card provider that we can referred to? I'm wondering whether there are a standalone medical card for parents (senior citizens - 60 and 62 years old) without the need to buy any insurance? 

Hi, I have difficulties in understanding health insurance, because of this I always biased towards not having an insurance except one that is covered by my company and a life insurance.

What I understand from my takaful life insurance is I pay a monthly charge for certain period of time.  If I die during that period, they'll pay my kin a certain amount of cash plus whatever I already paid them for the past month with addition/subtraction based on investment, age of policy etc. If I don't die after my takaful period expired, I will get back the cash that I paid for 30 years plus/minus some investment etc.

For health insurance, let say I choose an insurance with coverage until 70 years old, is that mean I have to pay the monthly fee until I am 70 years old? If my claim exceed the annual limit, I cannot claim anymore for the year. But what if my claim exceed lifetime limit? Do I still have to pay until I am 70 but now I can claim anything anymore.

Yes, you have to pay until you are 70, provided you want to cover until you are 70. the idea is like paying for gym membership. you need then you pay. you don't need then you don't pay.

If your claim exceeds lifetime limit, the medical card, poof is like cancelled. No, you don't need to pay anymore. Go back to the gym membership analogy, you have used up your gym benefits, no need to pay la.

Now let say if I don't make any claim until I am 70, then my insurance expired, all those money I paid every month will gone forever correct? Not even single cent will come back to me right?

Yes. So is your car insurance right? You also never get back any money.

What happen if I had a road accident and then I need to be hospitalised, is this covered under health insurance or only exclusively covered by personal accidents insurance?

you will be covered under health insurance as well. doesn't just apply to getting sick.

FYI, not ALL PA insurance will cover if you are hospitalised due to accident. some PA really just pay upon death or any permanent disability. depends what sort of PA you have.

Seem all just sales talk...

Other companies all no co-insurance. The annual all just about the same 

I should have apply Allianz, no co-insurance and no annual limit... 

Now I really frustrated.... 

How to I cancel the policy and how much can I get back?

Buy together with investment link are better, in terms of agent's profit margin. But for you, you may get something, like this year they target to make rm10 billion net profit from your money, even if they already rm9.99 billion also they will declare lost. So you won't get any return from that policy.
rm3000 per annum are wasting most of the agent's time, so is right for that AIA agent and your Etiqa friend did by not entertaining you.
BTW, medical card they are only making few % commission, so you do the maths.

why GE always come out with new medical card plan and at the same time withdraw the old plan from market?

why not they learn from other company? Just upgrade it not withdraw it from market

All the insurance companies are still nego with BNM to strike off medical coverage, so sooner or later your medical card may be as light as your hair

Ever heard of Genneva
This is what GE are doing, launch new policies and dump old policies. This is another reason why I dump all insurance. Is not our money getting smaller, is the policy's value depreciate by it self every year