If you'd like to replace the policy, do a review with your agent & decide on the best course of action based on monetary & benefits offered. Replacing your existing policies should be done with care as you wouldn't want to cancel something only to find it not being covered by your new policy. Act smart .

ok, I think is better to stick bac w the ol policy and upgrade it or buy another xtra policy with a medical card in it, cause i feel tat the current medical card is not sufficient and it goes up through the yrs, so its not worth while to keep on w the medical card. its goin to expire tis mth. so i would like to know issit better to terminate it and get another one tat comes w life, as well as medic card. so tat the premium will be the same through out the yrs and the life time limit will be higher as well.

My advice to you.

Keep ur GE policy should you still able to pay the +/-RM100 if this is a whole life participating policy with term coverage. If u wanna save some bucks, remove the term coverage rider leaving u only RM35k. Then u may get a new policy that consists of life/critical illness and medical card. But as said by forummers here, pls do not terminate ur existing card before the new medical card is inforced fully.

I hope this will serve u as a guide, and above are just my opinion from the point of view of an agent and customer.

Thanks

From what I found out.

With the present medical fee so high, it's impossible not to have a medical card and survive but then, with the medical card, it's the very reason that the hospital keep you in hospital much longer than it's needed.

My experience to share.

whoa...hold you horses there...we need to understand more details prior to you killing every other agents out there just cause you were told to pay more n not gotten a valid reason. Manulife has not sold out nothing it's still the same, else the company name would have changed.

at the end it's your choice....to all those out there reading this...Caveat Emptor - buyers beware....just cos 1 person had a bad experience doesn't mean it's all bad....aka 1 doctor left surgical instruments in a patient's body so is all doctors retards? think 1st ask 2nd think again and then only decide.

we are an educated group of ppl ere

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Added on December 16, 2010, 5:08 amROFLOL...it's stated in that letter...go report it to Bank Negara if u r really not hapi with it. cos all insurance company does it...it's s stated...INFLATION....contract u signed...great..did u bother to read the contract? sigh...

This post has been edited by coolpajames: Dec 16 2010, 05:08 AM

We university students don't usually buy MC, as our university has provided us with insurance coverage. RM 12 per year.

that's great. just in case do check on what it REALLY entails...RM12 a year shud b Group General insurance for PA and mayb some medical expenses about 100 per visit or so. it's best that u really read through the contract or product description.

if u can share it here also (keep the company name secret also if u wan) den v can explain what is what n why it's like that

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Added on December 16, 2010, 4:55 pmGreat that you are a believer

Hahaha...well u hav to report such cos the hospitals r messing things up. 1 of my clients choose n told the hospital that she wanted to stay till it's all good. the hospital was already advising that she can leave 2 days ago. this is the convenience that i finally found out.

u dun need to pay a daily deposit to the hospital for each day of stay and u can fully concentrate on getting well.

This post has been edited by coolpajames: Dec 16 2010, 04:55 PM

I would suggest Pru Multiple crisis cover too ,

Critical illnesses claims of up to THREE times

You can make up to THREE* critical illness claims from a comprehensive and wide-ranging list of illnesses, giving you peace of mind that you are covered again and again.


Coverage for TWO instances of Cancer

PRUmultiple crisis cover allows you to make up to TWO cancer claims, giving you added protection when you need it most.


WAIVER of PREMIUMS upon diagnosis of critical illness

On the first diagnosis of a critical illness, PRUmultiple crisis cover will WAIVE ALL FUTURE PREMIUMS, so that you can concentrate on getting your health back on track without any additional worry.


COMPREHENSIVE coverage for death, disability and critical illnesses

We truly understand when you need help the most by giving your loved ones and yourself death and Total and Permanent Disability (TPD) benefits in addition to the protection for a wide range of critical illnesses.

Did you have a look with the policy? I mean "master" policy.. XD

does anyone has the cost of insurance table/chart for prudential crisis cover income rider & the similar rider from AIA (not sure what's the product name for AIA, could be disability income rider or something like that)?

appreciate it if you could share it out. thanks.

In Malaysia, health insurance is often mistaken as medical expense insurance, such as hospitalisation and surgical insurance or clinical (out-patient) treatment insurance.

While medical expense insurance is a type of health insurance, there are other types of health insurance such as critical illnesses insurance and disability income insurance.

Medical expenses insurance plans are sometimes extended to include dental, maternity, prescription drugs and vision care.

What I'm looking is to explore the options for Hospitalisation and surgical insurance especially to cater for my need after I retired which is 9 years from now.

This is by far the most common type of health insurance available in Malaysia. It is designed to provide for the insured person's expenses in seeking in-hospital treatment or surgery.

Typically, this plan will provide for room and board, use of an intensive care unit, hospital supplies and services, pre- hospitalization consultation and diagnosis, surgeon fees, anaesthetist fees, operating theatre fees, in-hospital physician fees, post-hospitalisation follow-up and ambulance fees. Most policies are now extended to provide a limited amount of cover for outpatient treatment of injury due to accidents and daily cash allowance for government hospitals.

If possible, maybe you can consider to take up 1 primary medical plan and 1 backup medical plan where they can compensate for each others cons.

Can I get an insurance for medical only at RM100/month for my new born baby?

It depends on your need and what do you want. It is almost possible for every company.

hi,

actually if your baby is boy and age less than 1 the premium just RM916.50 per year for unlimited lifetime medical insurance. but if your baby is girl and age less than 1 the premium just RM600 per year for unlimited lifetime medical insurance.

Thanks

Prudential and ING are both thinking of disposing off their interest in Asia, noth companies are indebted to their government due to expensive funding last year when they almost collapsed. Future is not certain. If another insurer takes over, the pool of available reserves may be 'kosong' - surplus from many years of doing business for that class without making losses. If reserve banyak, Bank Negara allow them to reduce premium, it is a premium maintenance requirement - complex unless you understand what BNM requires from insurance players in Malaysia.

Takaful is not part of PIAM or LIAM - it is a standalone and complain to BNM maybe a bit susah when you think you kena tipu. Big companies have international support where any treatment/drugs/expertise can be outsourced to a parent company in UK, USA or Germany. Takaful unfortunately doesn't have this.

But there are international insurance companies with Takaful licenses, basically it is the same ops but use Islamic terms and their fund managers declare that the surplus funds are not invested in sinful companies such as Genting and Dunhill; although thay may place funds in vehicles that invest in the sins - because dividend kebanyakanya dari sana, logik kan?

The name of insurance product medical reimbursement, expense or health insurance all sama-sama, no difference. It is the benefits that matter.

Ambulance, repatriation of body remains, dental could be in travel insurance, Personal Accident insurance or Health/Medical insurance.

Make sure that guaranteed renewal is there, most general insurance companies do not offer guaranteed renewal. It means the contract is valid for 12 months, annual declaration required. If you fall sick, but shit hasn't happened, they will tell you
1. they don't want to do your business anymore - shooh
2. they don't cover the area and related areas where you have problem now
3. they will reject later if you fail to declare in full detail
4. they increase premium like gila
5. or any combination of the above

Life insurance companies (usually) offer guaranteed renewal products, which means today you are healthy, today we take you in as a standard risk. As long as you pay premium, your policy in-force and never lapse, insurance company will take care of everything until you are 80 years old.

And premium you pay will be similar to those who are healthy, increasing with age - but they have to accept your business.

since Pacific Insurance had revised their Medi-Pac premium by a lot starting this yr, I found it not really interesting anymore. Any advice on what better package can i get for the premium of RM667 for male 33?

currently the medi-pac is annual limit 40k and life time 150k

Sihat Malaysia

U may try great eastern's great Medicare 2 standalone med card. Quite good coverage I would say, but dunno the insurance charges la

Mnet where do you get this information btw?