ajau,

that's ok. i didnt say you did. but to me it seems that way. i took another look. it clearly states insurance allocation is 95% which should not be right. if they did it's amusing and sad at the same time given it's allianz and not mom's brand new insurance sheme.

and yes the flexibility is an advantage for ILP versus traditional whole life. but then again the option to just take the insurances from GI is also there. it all boils down to personal preferences but the GI path does give more options since you can mix and match.

Just got a call from public bank promote their ING insurance..anyone buy before?
link: http://www.pbebank.com/en/en_content/perso...ex.html#protect

Hello guys,

Below is Critical Care plan from Chartis Malaysia Insurance. If want to ask anything, kindly PM me.

Thanks

look at your budget ..
for me, if i looking for protection with paying premium less...
i will go to stand alone Med Card, P.A, Critica Illness...

regards,
richardson@alliancebg.com.my
019-6003339

anybody who is from ING?.. i'd like to have a proposal for comparison purposes...

im into investment linked plan... i want 36critical illnesses, medical card and female illness..

my budget monthly is less then RM200 anymore i cant afford..

the only plan can free for life !

All PM replied, Thanks

The premiums are very competative

But a couple of questions:
1. Is there a Survival Period .... The period of XX days after the diagnosis of a covered critical illness for which the insured person must survive before a claim becomes valid. I know Pacific Insurance's Medi Help's survival period is 14 days. Some CI plans from other companies has a survival period of 30 days.

2. Is there guaranteed renewal? For Pacific Insurance's Medi Help, it is "this Policy is renewable at the option of the Policyholder subject to ...." and any revise of premium is "applicable to all Policyholders irrespective of their claim experience". What about Chartis's CI plan?

Hai... Thank you for asking question. Even though i would prefer we doing Q&A via PM, i'll try my best to answer your question here.


First and foremost this Critical Care plan is to provide compensation if you are diagnosed to be suffering from critical illnesses for the first time.

1. As far as i'm concern there are no survival period.
Claim: - All claim will be paid to you. In the event of death, claims will be paid to your nominee or estate.

2. "Renewal of cover is at policyholder option until the occurrence of any of the following", As what I understand, the policy will be terminated once the claim being paid to policyholder. So no there is no question whether renewal is guaranteed or not. Regarding premium, " Revision in premium will be subject to entire porfolio".

I hope my answer meet your satisfaction.
Thanks

I think the guaranteed renewal is meant that insurance company will renew the policy regardless of the health condition of policy holder. Let's say the policy holder did not make any claim and the policy cover until 65, if guaranteed renewal until 65, meaning the company cannot terminate the policy until 65. Guaranteed renewal does not mean after you made claim but still can renew.

btw, for those ING, Prudential, can u guys send me a quotation on only the critical illness and female illness only?..

coverage till about 80-90 lah... bt then i want to pay less then 200 per month..


hehehe... im doing a lot of comparison here

This post has been edited by happy_gal: Sep 1 2010, 12:20 PM

This is a pure C.I plan unlike health insurance plan i.e. medical card where its guaranteed renewable or conditional renewable. A lump sum is paid at first diagnosis when diagnosed with any one of the said illness, and when this sum is paid, the whole policy will be terminated and when terminated, there is no point to renew.

---

Added on September 1, 2010, 2:50 pmFrankly, as I see ur case, you shouldn't have compare anymore. Just apply to all insurance companies out the be it ING, Pru, Hong Leong, Allianz, AIA, Manulife or any u can name off at RM 200/mth (ur budget) because of ur health condition that is excluded by GE during ur 1st application. See which company can provide u with the less exclusion. Now u compare this and that, and if u can find a best policy, that insurance company might impose alot of exclusion or loading to u especially when u buy women illness and Critical illness because u had a surgery as u mentioned before.

I am not trying to be harsh here, but i'm just speaking the true fact. THanks

This post has been edited by chew_ronnie: Sep 1 2010, 02:50 PM

You misunderstand it. I mean the guaranteed renew is for never claim before. Of course if claimed, cannot be renew.

For example, without guaranteed renew, the company have the right to not allow policy holder to renew for coming year (maybe the company got the news that the policy holder is in bad health condition). This apply to policy holder did not make any claim before.

If with guaranteed renew, either the policy will be terminate because policy holder did not pay premium or diagnosed with CI or until age 65.

This post has been edited by almeizer: Sep 1 2010, 04:26 PM

Happy_gal,

You should be able to get the plan you want for that budget from these companies. I would also agree with chew_ronnie's approach for you to consider the company that offers the least exclusions for your policy. Good luck & hope you make the right choice.

Cheers,

HH

hello of course i must check out which is the best for me lah and if i dont compare then how will i know its the best among all ??...

i didnt say that GE exclude me also.. until now also the policy havent gimme yet..

Noted. I see ur point. Thanks

I see... in that case you can update us once you've got the policy documents in your hand. It'll be good if there's no exclusions at all.

Guys I would like to ask about medical insurance, because 2 months ago I had this weird sickness call Volvulus. So now if I wanna buy medical insurance im sure they would either load me premium or have no coverage for Volvulus. So now my question is, can I get the coverage after 3-5 years of not having the same sickness?

Fatw3apon,

My advice would be for you to still try getting a medical insurance coverage now rather than waiting for 3 - 5 years later as you can't say for 100% certainty that you wouldn't contract anything else during this waiting tenure. In such case, while there maybe be an exclusion now, it may not be as much as what you could be facing later on.

Cheers,

HH

I hope my answer at no 2 will clarify this. "Renewal of cover is at policyholder option until the occurrence of any of the following"

Thanks