General? Just wondering is it guaranteed renewable?

thanks PJUSA.

you been a great help. hope I didn't bug u

I guess first I have to take AXA first. after paid and approved and got the policy, only then I approach TM office and tell them I want "another policy without deductable", and they will understand hoh?

Hi PJusa,

Thanks for the reply, and I really appreciate the feedback. What got me interested in insurance lately is because I've had abdominal pain, so it got me thinking.

This morning I went for ultrasound, apparently the doctor scanned some sort of 5mm (suspected to be stone) in the tube near to the bladder. The ultrasound doctor kept a report, and wrote everything was fine within my system, however there is a suspected stone near to the bladder.

1. Does this mean I am no longer eligible for Insurance? is there a cooling off period, e.g. I wait for 3 months, then apply?

2. TDMC hospital doctor said that their reports are not computerised however insurance companies can check our files by doing so manually. So when I apply for the medical coverage, what is going to happen?

Lol, sorry for bombarding you with questions. However I really respect what you know of Insurance, even some agents don't know even know what they are talking about.

---

Added on October 4, 2010, 4:36 pmx11r6,

Are you planning to do walk-in to get the discount? Which plan are you opting for?



This post has been edited by NekoRacing: Oct 4 2010, 04:36 PM

I believe it's no frills policy that covers only accident death and permanent disablement? But RM6 for RM100k is still cheap

Actually a person can get "free" PA from a variety of sources ...... such as certain credit cards, bank accounts, and auto assist programmes.

But if a person requires high coverage, then buying from an insurance company is the way to go.

---

Added on October 4, 2010, 6:57 pm1. I'm sorry but this means your application for medical insurance will likely either be rejected or the insurance company will impose exclusion or premium loading. And if an an insurance company rejects you or impose special condition, you'll have to declare this to every insurance company you apply to in the future.

2. I don't think you can "escape". If you don't declare this during application, the insurance investigators will likely find out when and if you make a claim.



This post has been edited by Veda: Oct 4 2010, 06:57 PM

Veda,

Thanks for the input. Basically, the doctor say it is only suspected stone. So let's say if I go for further tests. And I can prove that there is no stone. So what is the verdict?

IF you can get it in black and white from the doctor that there is no stone and you are 100% fine, then of course you are eligible for medical insurance at normal rates.

NekoRacing,

even if it is a stone, worst that will happen is exclusion of kidney stones i guess. this is nothing serious anyway. the pain you have with the stone is worse than the pain from paying for removing it

x11r6,

you can apply for both at the same time. medic plus is designed as a topup

MaxWealth,

sure got guaranteed renewable plans - others not worth your time to look into.

Dear PJusa,
Thank you for sharing about the HS plans and hope you could help enlighten on the following as I'm not so familiar with HS despite having a basic HS plan with Prudential.

TM seems to be a good package. However, when I spoke to the staff this morning, I was made to understand that once a claim is made in a particular year, the following year premium may be subject to "loading".

From your understanding, is this a minus point as compared to HS plan tied to ILP that is apparently 'fixed'?

I have bought PMM3 and thinking if it would be cost beneficial to upgrade to PruHealth (with extra premium of RM670+) or it would be more worthwhile to take TM Medi Plus instead.

However, my concern is the loading factor (despite the fact that they allow automatic renewal).

Kindly advise. Thanks!

In that case, I'll probably go for an IUV test when I get back from my vacation, and try to get a black and white letter from the doctor, assuming the tests shows no stones.

If there are stones, then I have no choice but to sign up for the insurance exclusion for bladder stones.

Better to be safe than sorry rite? Because any other type of illnesses might strike.



This post has been edited by NekoRacing: Oct 4 2010, 11:31 PM

jollyjoy,

tm's hotline ppl are clueless about their own products. medicplus is loading free and guaranteed renewal after an initial 12 months of claims. thereafter you're in the game. i have the policy (current) with me and there is no individual loading. there will be premium adjustments across board however as this is standard with general insurance medical cover. i suggest you get a confirmation in writing from underwriting that there is no individual loading under medicplus. i got one myself for the same reason some time ago.

if you have the option to upgrade your PRU plan you need to compare the benefits and disadvantages (average premium due annually, period and extent of coverage etc.). if you can get a single policy with the same coverage then the single policy is usually a better choice. i dont have the differences between the two policies you mentioned so its hard to say from here.

NekoRacing,

true. you dont necessary have to face an exclusion. its likely though that you get it once you disclose. you can negotiate for a loading or even an inclusion without loading depending on the medical results, likelyhood of recurring issues and your negotiation skills. for better policies its always good to get in touch with the people who insure you. they should listen to your concerns.

Hi, just a note here. TM has two types of Medic Partner; the normal and the Premier. The normal Medic Partner is NOT guaranteed-renewable while the Premier MedicPartner is the one where PJusa mentioned it's guaranteed renewable after 12-mths of non-claim. This is in addition to their MedicPlus.

OBviously the standard MedicPartner is much cheaper than the Premier. Also you can see from the benefits, the standard MedicPartner has no Lifetime Limit (only Annual Limit) while the Premier has both Lifetime and Annual - which clues you in to it's "guaranteed renewable" factor.

I found this out myself... while my agent signed me up for standard MedicPartner without advising me of the guaranteed renewability then. And now as I'm about to renew, he told me TM H&S has no "guaranteed" renewable and suggest I switch to some other company's H&S.

I'll be dropping in to TM's office later to find out if I renew to Premier MedicPartner, would my last 12-mths of non-claim on the standard MedicPartner allow me to get into the "guaranteed" status now or do I still have to wait another 12-mths. Hope it's the former. Will update here for everyone's info.

PAckage-wise, I agree with PJusa that TM's policy is value for month. Even the standard MedicPartner benefits-vs-premium is good except for it's non-guaranteed renewal issue.

Hi PJUSA, Thanks for your advices on this thread. can i see the health insurance comparison you have compiled? Is it available online?

Hi All,

Has anyone notice ING's I.Maxcare top-up plan yet?

Based on my calculation it gives us the highest coverage per RM we paid. The things that are unknown is whether it is guaranteed renewable and whether it is on portfolio loading. And i'm not sure if there is a co-insurance if room rate exceeds.. If any ING here can clarify?

ie. room $260 / renewable up to age 79 / 20Kdeductible but reduce to 4K after age 54 / Dialysis limit based on perannum basis of 40K / Cancel P.Annum 80K / pre-post treatment as charged / organ transplant 100K / Yearly limit 500K / lifetime 1.5Mil.

Thanks, my wife happened to meet an agent from AIA claiming that their medical card is lifetime unlimited. While almost all insurance companies all have lifetime limit. Does anybody know what are the hidden things that lay behind, as i truely don't think their actuaries will come out something like that. Thanks for sharing!

Hi,

You should ask that agent to provide you a policy jacket or contract specimen. Or else you can try to purchase 1st, read the policy contract and if you not satisfied you can get your 100% money-back guaranteed within 15 days.

Thanks

How about cancer and kidney dialysis treatment lifetime limit??

The cost of insurance sure high...must top up in future

dear all sifus,

my insurance plan as below:

life - 30k
crisis sheild plus - 30k
PHL 100
puacci med - 10k
puacci guard - 50k
pruacci income - 3 units
prumed benefit & hospital benefit - 1 unit each
pru disability provider - 6k p.a

each mth 190..

i have 2 say sorry 1st if my insurance disclosure may offend other prudential agents (u noe wat i mean lah.)

i'm a insurance knowledge idiot , so hav 2 state all. hope u all understand.

it's da plan ok?

Life - 100k
36 Illness - 100k
Medical - 75k anual & 750k lifetime limit
PA - 1Mil

For all the above iam paying for RM3.5k a year

This is medical and CI enquiry. Why not you both post your policy here :

http://forum.lowyat.net/topic/1607342

@Colaboy, I guess that is Allianz PowerLink?