miki c,

the answer to which company should you choose depends on many factors (age, desired duration of insurance, coverage, desired extra covers). let us know what you want first and how much you can pay for it.

some companies do not offer guaranteed and loading free renewals. they might impose a much higher premium for the future after a big claim on a personal basis. good insurance companies do not impose any individual loading but only on portfolio basis. look for insurances that guarantees renewal without individual loading or exclusions.

i checked PRU today. their plans are all riders attached to life. not worth considering in my opinion. so ING with a standalone would be preferable.

but there are many many plans available. no need to limit yourself to ING and PRU.

This post has been edited by PJusa: Jul 30 2009, 08:46 AM

How about Great Eastern standalone medical?

I have their premium schedule, if you need them.

Vitorbarbosa,

i am interested in all - will gladly add the plan. do you have the schedule of benefits too?

wow...so many plans dere...Ehmm, wat i wan is mainly medical card...
i prefer medical card attached in investment plan coz it still can be added in riders such as payor waiver and hospital income....somemore, the premium wont be increased when my age grow.....Ehmm...preferred premium is ard RM150 or below that....


As i know, there is no co-insurance for ING but the highest lifetime limit is RM540k only....while Prudential, there is the co-insurance with lifetime limit up to 1 mil.......I compare these 2 companys coz i read its medical card leaflet b4...

may i noe who u wanna insure?
u urself or ur child?
are u aware of AIA medical card?
we have no lifetime limit and coverage up to age 100

miki c,

yes there are tons of plans around and they are all medical card stand alones. i strongly discourage you from taking a health insurance attached as a rider - at least as your only health insurance. read the thread to find out why basically it's in your own best interest to choose a standalone insurance.

also note that the medical rider premium is almost always _NOT_ fixed but will increase with age. if it is fixed, the premium you pay will be much much higher than with a standalone. this also has been discussed before.

just to make your life easy there are far better plans around for your budget of 1800 p.a. - you can have 500k annual without co-insurance and lifetime limit for 1000 p.a. @ 33. give me your priorities and age range and i can look through the plans for you. if you say your maximum annual premium is 1800 even in old age (did you adjust for inflation?) i can also look what cover you can get for that price. if you say your AVERAGE premium ofer time is max. 1800 then you can get the best plans around to be frank. no need to limit yourself to lifetime limits and such.

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Added on July 30, 2009, 8:49 amQuick update: now covering 33 plans:

1) AXA SmartCare Optimum
2) AXA SmartCare Executive
3) Allianz EB MediShield Plus
4) Allianz Care Individual
5) Sihat Malaysia
6) AIA ExcelCare Plus
7) MSIG Healthcare International Insurance
8) Berjaya Sompo B.Health Net
9) Berjaya Sompo B.Health Major
10)Berjaya Sompo B-Rawat
11)Berjaya Sompo ANAK
12) ING MediPlus
13) Kurnia: MediGuard Value
14) Kurnia: MediGuard Premier
15) Kurnia: MediGuard Junior
16) Kurnia: MediGuard Grads
17) Kurnia: MediGuard Senior
18) Lonpac Insurance Bhd: Care Plus
19) MAA MedicaLife 207
20) MAA MedicaGen 200
21) MUI Continental Insurance Bhd HOSPITALISATION & SURGICAL POLICY
22) Multi-Purpose Insurans Bhd: Multi Medical Protector
23) Multi-Purpose Insurans Bhd: Multi Medi-Plus
24) Overseas Assurance Corp. (M) Bhd: OAC Easi-Health
25) Pacific Insurance Bhd. : medipac
26) Pacific Insurance Bhd. : medi-major
27) Tokio Marine Insurans (M) Bhd: Medic Partner
28) Tokio Marine Insurans (M) Bhd: Medic Plus
29) Tokio Marine Insurans (M) Bhd: Premier Medic Partner
30) RHB : MediSure
31) UOB BANCASSURANCE : Ideal Care
32) MAA Takaful SmartMedic 100
33) IKHLAS Medic Assist Takaful
34) Manulife: Manucare100
35) Malaysia Insurance Online: Medical and Hospitalisation Plan
36) Prudential: pruHealth

This post has been edited by PJusa: Aug 11 2009, 07:02 PM

The ING medical card that i mentioned is not 540 annual limit....while is RM180k annual limit and RM540k lifetime limit....

Prudential is RM100k annual limit and RM1mil lifetime limit....

Ehmm...my age is 25, occupation class 1, female....so ard RM150 monthly premium, which package can get wif this price..?I wan medical card, payor waiver and hospital income....coz in case hit by any 36 illness, i still can having this medical card....this is wat i think lor....

By the way, i never consider about AIA medical card.....Ehmm...i'm not sure any good plan from AIA?

seem like you need a complete plan, lady specific plan is better.

by the way you are asking, I think you need an agent. I only know ING in Kepong and Prudential in Taipan, whom I may pass ur contact to.

if you still want to find a plan that is self serve, cost effective, thru internet etc. Then you may think about Buy Term Invest The Rest concept

this site has some term plans I think ...

miki c,

i agree with your resentement against AIA. i share the feeling. that beeing said i understand that your budget is 1800 p.a.

i suggest you split your insurance cover i.e. get a seperate H&S insurance and then use the remaining insurance cover you want either through a life + CI + payor waiver + hospital income plan. otherwise you will be paying a high premium for a low cover. you might even want to consider a standalone CI plan or just a PA plan with hospital income. in my opinion those added benefits dont really justify the premium you pay. i give you an example. if you look at 150-250k annual limit you can get the following plans with the _annual_ (not monthly!) premium at age 25, female in brackets. i am only looking at guaranteed renewable plans. if you want non-guaranteed let me know. of course you should also compare all the features of those plans.

1) AXA SmartCare Optimum, 200k limit, no lifetime (509)
2) Allianz EB MediShield Plus, 150k limit, 1,5M lifetime (1064,40)
3) Allianz Care Individual, 125k limit, 375 lifetime (838)
4) AIA ExcelCare Plus, 140k limit, 500k lifetime (787,50)
5) Kurnia MediGuard Premier, 150k limit, 450lifetime (971)
6) MAA MedicaLife 207, 150k limit, 450 lifetime (803)
7) Multi-Purpose Insurans Bhd Multi Medi-Plus, 120k limit, 360 life (800)
8) Pacific Insurance Bhd. medipac, 100k limit, 400k lifetime (735)
9) Tokio Marine Insurans (M) Bhd Premier Medic Partner
, 120k limit, 500k lifetime (809)
10) RHB Bank Medisure 150k limit, 450k lifetime (765)
11) MAA Takaful SmartMedic 100, 150k limit, 450k lifetime (536)

now you have around 1k left to get a decent CI cover that allows you to pay for H&S.

i hope this helped you a bit. i am not sure if ING is guaranteed renewal or not. so its not in the list. prudential is a rider so its not in the list either. also dont forgot: when you are older, its hard to upgrade plans. only downgrading can be done easily.

Exception is where you can sign up a participating whole life plan that has only ONE rider in it, H&S. That way, you can treat that whole plan as a H&S plan as that was your intended purpose.

mtsen,

alright i give you the exception there . but you still pay for life and you are stuck with that choice.

personally i tend to reduce life cover (as well as PA and CI) progressively over age to reach almost zero for retirement at a set age (65 in my case). that way the "earning life period" is covered and yearly adjusted. guess that also explains why i am not fond of life insurance

I think waiver of premium and Hospital income shouldn't be your main priority.

You are right that you will not need to pay for the medical card incase diagnose with CI but I'm sure you can fork out the less than 1k to pay for your medical card if you are diagnose with CI.

You can use the additional money that you save for Waiver of Premium and Hospitalisation into investment, which might get you higher return and you are free to choose your own investment instead of funds linked to Insurance company.

Or put that money into a higher Life + CI Coverage.

Vitorbarbosa,

exactly - that is what i would do too. and it makes sense money-wise. building up a complicated whole life insurance only causes headache if your financial situation worses or when you realise your choices are no longer ideal.

agree with Pjusa. get a complete medical card plan is the best option. I am an agent with GE. Mike C, you need anything from me. Please PM me

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Added on August 3, 2009, 5:40 pmHigher CI coverage and life coverage is quite crucial if we want to cover our income once we diagnosed of critical illness and future payout to our family if we pass away. high CI coverage will ease our life and can replace our income once we unable to work due to CI.

This post has been edited by leecy: Aug 3 2009, 05:40 PM

leecy,

GE and Manulife are the only ones covering up to age 100. but: the premium is really really steep. even if i can only compare to plans covering up to 80 - GE and manulife seem to think the risk is much much higher even at age 70, 75,80 etc. why is the premium so high? i mean 30k over for lifetime limit makes not a lot of sense if i start early and eat my limit up slowly. at least there should be no lifetime limit

You can try to search for the AIA latest medical card (unlimited lifetime limit)...

sorry i forgot AIA exelcareplus. i got the premium schedule for lifetime limit. how much extra is it for unlimited lifetime limit?

Here is the rate for each age band >= age 90.

FOR OCCUPATIONAL CLASSES 1 & 2

Age E+M150 E+M200 E+M250 E+M300 E+M350
90* 15,309.00 18,484.00 21,692.50 24,834.00 27,979.00
91* 15,769.50 19,038.00 22,342.50 25,581.00 28,819.00
92* 16,243.50 19,610.00 23,012.50 26,349.00 29,680.00
93* 16,729.50 20,198.00 23,705.00 27,138.00 30,569.00
94* 17,232.00 20,802.00 24,417.50 27,951.00 31,489.50
95* 17,748.00 21,426.00 25,150.00 28,791.00 32,434.50
96* 18,280.50 22,068.00 25,905.00 29,658.00 33,407.50
97* 18,829.50 22,730.00 26,682.50 30,546.00 34,412.00
98* 19,393.50 23,412.00 27,482.50 31,464.00 35,444.50
99* 19,975.50 24,114.00 28,307.50 32,406.00 36,505.00


E+M = ECP + MCP

oh ... i overlooked the second schedule posted. aiya... sometimes just cant see. thanks numbertwo - for a small fee no lifetime limit... not too bad - will add this into the comparison as an extra plan.

refer to "MCP premium schedule"