From what I know, ING medical card doesn't have co-insurance also... Then, why do you say so???

This post has been edited by lcl832002: Apr 19 2009, 11:01 PM

Really? Then it's my mistake, apologise for that

It is normal. Actually, we even agents can't know all the insurance plans in the market as there are too many plans...

haha. don't worry, you will be forgiven. jkjk.
i am from ING as well.

when taking an insurance, consider the plan carefully. actually, the basic life insurance is all the same which cover the 3 major risk

1. Death benefits
2. 36/40 critical illness
3. accident/disablement

so the different is in the medical card. how u want the medical card cover u? here's some condition u should consider,

1. don't look at the lifetime limit, look for annual limit. no matter if ur lifetime limit is 600k, but ur annual limit is just 20k, it didn't enough. even a "bisol" could cost almost 5k..

2. look the medical card plan carefully, is it hv any other limit besides the annual limit? even if u hv an annual limit of 60k, but there's limit on operation of 36k, limit on dialysis of 30k, it also didn't enough. one dialysis cost RM500 & need to do at least 2 times a week. u do the math urself.

3. ask the agent whether the medical card need to be renew or not? some medical card need to be renew early or maybe 5 year. u think for urself, if somedays, maybe after 5-6 years of renewing, u get an illness that cost about 50k. do you think the insurance company would let u renew? if u can renew, the previous illness will be excluded from ur benefits.

4. every time u want to renew the medical card, the price won't be the same again.

5. every medical card that need to be renew are term insurance & hv burn money policy.


Nuzul Azwan
Prudential/Prudential-BSN Takaful (JB/KL)
nuzul.azwan(@)yahoo.com

im etiqa takaful agent
medical if u take dont need to renew as long as u pay the monthly donation

Allianz is a pain in the ass to deal with. I'd say go for Great Eastern.

maybe this is out of the original topic..but how about MAA?

Since i'm employed and company has bought a medical card for me, should i be buying another one (can a person carrying two medical cards?) , or should I just top up the 36 illness and the death benefits in my own policy? Any good advice?

Edited : sorry , just found another thread on this subject..so ignore me here.. Tks.

This post has been edited by numbertwo: May 22 2009, 10:35 AM

yes, i think you should because the medical card that your company provided is only covers during your tenure in the company and most probably not after you've retired...so a second med-card is vital in my opinion for your retirement.

well its always good not to put the eggs in just one basket...just my concern

MAA also hv burn money policy on the medical card & need to be renew. also it hv low annual limit ~30K only.

---

Added on June 10, 2009, 11:19 pmi don't think so. read the policy carefully on the etiqa mediksave rider. there's a term under the topic "Contract & Renewal". it says on every anniversary of the policy, etiqa hv the right to review previous claims & increase the premium base on existing sickness or risk. that's mean it's not guarantee renewable

how come u as an etiqa agent didn't read your own policy?

mohamad nuzul azwan bin ali.
Prudential JB/KL
mdnuzulazwan@prupartner.com.my

This post has been edited by malaunz: Jun 10 2009, 11:20 PM

better u choose ETIQA coz i think etiqa takaful is the best!....

nuzul,

i think you made some important points but i want to add some things:

"1. don't look at the lifetime limit, look for annual limit. no matter if ur lifetime limit is 600k, but ur annual limit is just 20k, it didn't enough. even a "bisol" could cost almost 5k.."

== always look for the lifetime limit! if you only get 3x annual limit for life this is NOT the plan for long term insurance. you slowly eat your allowance while paying the premium. then when its eaten up, its hard or next to impossible to find new insurer. ALWAYS choose a plan with a very high annual and a much much higher lifeltime limit if you must. even better: no lifetime limit. i personally would never rely only on a plan with lifeltime limit.

500k annual limit does not cost you a fortune if you choose a standalone policy.

"2. look the medical card plan carefully, is it hv any other limit besides the annual limit? even if u hv an annual limit of 60k, but there's limit on operation of 36k, limit on dialysis of 30k, it also didn't enough. one dialysis cost RM500 & need to do at least 2 times a week. u do the math urself."

== yes, sublimits are bad. avoid them by all means. for dialysis and other outpatient benefits its impossible to avoid them in one way or the other. this is why you sometimes need a second medical card to cover for just those things in order to make optimal decisions.

"3. ask the agent whether the medical card need to be renew or not? some medical card need to be renew early or maybe 5 year. u think for urself, if somedays, maybe after 5-6 years of renewing, u get an illness that cost about 50k. do you think the insurance company would let u renew? if u can renew, the previous illness will be excluded from ur benefits."

== as far as i know all standalone medical cards are yearly renewable. just make sure that its renewable at the option of the policy holder without loading or exclusions. then you are good. other policies are - sorry to say so - not insurances at all. they are money making shemes for the insurance companies.

"4. every time u want to renew the medical card, the price won't be the same again."

== absolutely true. allocate a budget that covers the average costs of a lifetime and save the difference to reduce burden in the future.

"5. every medical card that need to be renew are term insurance & hv burn money policy."

== medical cards are not burning money if chosen properly. actually the very principle of insurance implies that you pay premium and if you are lucky nothing happens to you you dont get any money. anything else is NOT an insurance. stay away from anything but an actual insurance for H&S since you only pay more that way. it doesnt work in your benefit.

Don't crap here. I know you working for ETIQA. If the company disappear, you will lose your job. Don't Crap HERE.

This post has been edited by spyworld: Aug 9 2009, 08:15 PM

???????????... this can explain why etiqa...i have my own job ok!..sorry i'm a bussinessman....don't tag me ass ETIQA!







just info...TC

agree with it. GE,Allianz,Prudential has the best medical card around. If you wish to know more about GE plan, please dun hesistate to PM me.

I took takaful etiqa..i missed my monthly payment in last february 2009..coz my bank acount was empty automatic payment cant be done then, but in March 2009 onward the payment resume.

Anyone know what will happen to the month i missed to pay and what is the effect to my policy?

I am planning to buy an insuranse(Medical,life,investment).This is the quotation/details i received from one of the agent from Prudential Takaful...Should i proceed or not ?

http://eyriqazz.blogspot.com/2009/09/prude...sn-takaful.html

Or,should i choose Etiqa?Any etiqa agent here?

Sorry,it was easier if any Etiqa Agent/Any insurance agent to reply direct to me via comment in my blog.It will be easier for me to make a decision rather than go to this forum again and again.

This post has been edited by atake: Oct 4 2009, 12:38 AM

Was talking to AXA agent and I don't see the word "renewal" on their HoneyPlus + MedicalCareRider. But was told all policy are now renewal automatically as per instruction of Bank Negara. True of false?

This post has been edited by Optiplex330: Oct 4 2009, 08:36 AM

Hi,
i'm a mom with 2 kids n my husband is self-employed, so we dont hav any medical cover or support. i'm searching for the best insurance plan for my family. i been thru this tread but still in bushes. cant understand most of the insurance term.
can any of u especially an agent assist me. serious in meeting any agent from ING, GE, allianz or prudential. i'm from ampang