i don't think there is something called GI or LI standalone. standalones are usually medical, CI, PA, and etc.

ICIC, thanks for your info~
Will look into it!

what he meant to ask is Standalone plans offered by GI and LI...

LI has no standalone plans right? they're all attached riders, unless you consider the LI itself is a standalone...

LI - They do provide standalone medical cards.. ie. AIA (ECP+MCP, if they still offer the same), ING (I.Maxcare), GE(Medicare series)...for a few for example.

Life Insurance got standalone medical Card
I know HLA, AIA, Allianz confirm got.
Rightfully PRU and ING also got (but you can forget about these 2)

when u said direct clients, means buy directly from the GI?
Let say if I initially bought from agent (2005 not yet implement direct client's discount if not mistaken), and then when the yearly renew notice came out, I pay at the GI's office without going thru the agent, still eligible for direct client discount? I'm talking about Pacific Medi Pac. Thx

This post has been edited by alexwsk: Mar 23 2011, 09:47 AM

alexwsk,

should be no problem. can inform then you want the policy to be direct and not any longer in the agent's portfolio. the agent comission for GI H&S is a "only" 15% of each yearly premium, 25% is for PA. sorry for the previous statement - typo and i didnt notice it until now.

yea, it's 15% as stated in the product disclosure. I was not happy with the agent anyway, did not get any letter informing about the increase of premium starting Jan 2011, so would be better if directly under Pacific.

why not PRU or ING? just wondering.

We sell term medical . . . is like a medical card which covors up to age 70/80/100.
There are companies outside selling standalone medical card, which mean a medical card which renewable every year without a term
Of course there is pros & cons here . . . & many other minor clauses to take into consideration

Term Medical card - premium slightly more expensive & must be attached to a life plan regardless its investment-link or traditional plan
Stand Alone - Lower & affordable premium for most people when young, premium will increase significantly during their retirement age

This post has been edited by Colaboy: Mar 23 2011, 05:51 PM

Need some advice on a topup policy to complement my existing AIA policy which is AIA HS-200:
rm200 R&B,
RM40000/admission,
Emergency OP rm450,
Lifetime limit rm400k.
No OP kidney/cancer Treatment Benefits.
No Pre&Post Hospitalization Benefit
Insured UP to 60yo (9 more years)
Current annual premium is rm956 (51yo)

Topup policy should have deductible option and convertable to full policy at the age 60 with protection at least upto 80yo, with 200k OP kidney/cancer Treatment Benefits.

Which of the medical plans in the market worth looking into based on my requirement? Thanks in advance.

This post has been edited by MGM: May 16 2011, 11:51 PM

MGM,

AXA SCO can, you might also want to look at Allianz EB MediShield Plus and RHB Medisure. your options are limited. why not consider a take over and applying to a full new plan now? that way you rid yourself of the old AIA plan and switch to a new one now (assuming in good health). waiting periods can then be waived and you have more options cause you waive the deductable & convertible requirement.

Why dont you upgrade to a newer plan? or u just want medical plan to cover to age 60 only

Thanks PJusa for your prompt suggestion. Will surely look into the various options you suggested. I have been compiling your viewpoints on this thread from the start and are amazed at your knowledge on medical plan.

---

Added on May 17, 2011, 12:02 amMy existing AIA policy expires at the age of 60. I am looking for a topup policy (upto 80-90yo) with deductible option from now to 60yo and convertible to full policy at age 61. I am keeping the existing policy becos of low premium and possible unknown preexisting health problems.

---

Added on May 19, 2011, 10:04 amCall TM & AXA GI JohorBahru branch and both companies do not give the 15% discount for direct purchase.

This post has been edited by MGM: May 19 2011, 10:20 AM

Dear All LYN member,

I have a question to ask in relation to the medical claim. Hopefully someone can help me on this. Many thanks in advance.

The situation is like this.....

My mum just admitted to the hospital recently and i was informed tat we can't use her medical card for the admission & hence have to pay our own for the deposit 1st. The reason given by the Insurance Co. is because my mum who diagnosed with "Bone Thorn" (direct translate from Cantonese as i dun know what exactly its called in medical term ) is still under investigation for the validity of the claim as they suspect the disease actually occurred prior to the date we bought for her insurance which is in December 2010. Therefore is not under the coverage.

However, my mum actually went for medical check up b4 she got her approval for the insurance policy and she had never suffered from this disease b4.

Really appreciate anyone fr the LYN member can give some advise to me on this. My current agent just tell me submit the necessary document n to wait for the outcome i.e. whether can claim or not....

from which insurance com?

It is normal that insurer will do investigation on this as the policy is relatively new. 2 nd thing, the insurer will investigate based on non disclosure of existing illness, because in their eyes, the bone thorn symptom will not appear straight away - it must be of existent some time ago.

Now the crucial thing is, has ur mum went to see any clinic nearby your house to consult for bone pain or not? If yes, then this claim may be complicated. If No history from clinics or hospitals, then the insurer shall pay.

This is from my past experience.

Usually paying deposit is normal. Is it cashless facilities? Not sure your medical report contains test for this sickness ornot. If yes, you can submit and accelerate the process of claiming.

It is GE.