er what u meant if i get another plan without savings , after certain years , i can get back on the the amount i pay on prem .

Without savings means, you'll get protection for CI but without any returns at least non guaranteed ones.

For individual plan such as PA and CI, mostly it wont have much cash value in it. Means it like barter trade, u give money - insurance company give you back protection. And that money solely paid for the protection itself.

As HHalphaomega stated before , you weight yourself how much budget you can allocate in those plans. And just participate a plan that suit you and within your budget.

Above the illustration, is simply a traditional saving plan added with life and CI coverage. CI are better to get in early age. As you get older, the more you need to fork out your money. The plan is around 110-120 (plus management fees) and need to commit yourself for 60 years. Nice plan with long term commitment.

SO AhPinG, take your time in deciding which one suit you the most with your current financial standing. Plan you financial properly. The decision is on your hand

just wondering if anyone could help me with this:

currently i'm on a plan that offers lifetime-limit of rm20,000 each on outpatient "cancer treatment" and "kidney dialysis". it this too low or is it good enough? how much do these treatment usually cost and do we need to do it ofhen? cause if they're expensive i might consider buying some add-on's to make sure i'm well covered in the case when i really do need it.

pm-ed you. ;D

hello rockets,
from what you stated, those limit are medical cards limit. RM 20K for cancer treatment and RM 20k for kidney dialysis, are nt enough. Nowsdays, chemotherapy cant caused more or less than RM 30K annually . cancer treatment such as chemotherapy and kidney need to be done often. You really can consider yourself to purchase some add-on. Better be prepared, rather than regret later.

AhPinG,

you're friend clearly doesnt listen to what you want. get the medical plan you want and forget about your friend's suggestions.

all their arguments is just crap (pardon the language) to sucker you into buying what serves you're friends interest best and NOT yours.

an insurance is NOT an investment. insurance premiums are gone - they are always gone no matter what plan. the hole-life plans are just very versed in masquerading that fact by adding many things into one. you can add a 50k CI for pennies (dont take this literally! its just cheap) if you want by buying one from GI companies.

once again my advise:

1) dont talk to your friend about insurance. he/she she just wants the comission

2) look at what the market has to over

3) choose what you feel comfy with premium wise and what you can afford in the long run

4) if you got extra cash, buy extra cover

5) by GI insurances direct to safe further. cut the agent alltogether so you dont risk getting another one who just wants to maximise his/her comission and not your insurance coverage.

rockets,

20k is too little. expect dialysis costs to be around 20k p.a., cancer can be more. your best bet is to call an insurance to ask for a ballpark figure (estimate).

it's a good idea to buy a top-up policy with deductable to cover just for those two points. tokio marine is pretty ideal for that. cheap premium and you can secure yourself a seizable extra cover. other add-ons are available too. i think TM is the cheapest though cause of 10k deductable per sickness. but since you have 20k covered you're good to go.

i heard your all 4 but sorry can i know what is GI insurance .

GI = General Insurance company. not life

I guess it is General Insurance. It is not recommended even though it is cheaper in premium for Medical Card cause renewal is NOT guarantee.

You can check out Sihat Malaysia for more info http://www.niam.org.my/sihat.html

cuebiz,

i have no idea where you get your information from but its wrong. there are plenty of GI H&S plans around that have a guaranteed renewal. this is by no means spmething special for life products.

You should check with your insurer if it is guarantee renewal. As I know, they are not and renewal is subject to the approval of the insurance company.
For TS, you should take note of it when buying MC. Some info here http://www.malaysiainsuranceguide.com/HS005.htm

trust me i know how to do my homework. most respectable offers are guaranteed by now. i.e. axa, allianz, ing, pacific, tokio marine, former AIA and most others. i have done a very thorough survey.

without guarantee and thus garbage are:

sihat malaysia
MSIG
Lonpac
MUI
OAC

and some few "special" packages from the rest of the industry. its not that hard to avoid them as those packages are also not that attractive even if compared with renewal guarantee polices. as you can see choosing GI is save if you double check it got renewal guarantee. subject to approval is fast becoming a thing of the past and will hopefully soon be just a mere memory.

Hi guys ,i'm searching for insurance that provided medical card for my parents which aged 60 years old ,is that possible to get any insurance by that age ?I've heard that's hard to get insurance by that age ,but i know that is possible to get one.Any insurance agent here to recommend me ??

I'm not insurance agent but if not mistaken, 60 years old still can get medical card. It was based on age nearest birthday. Is ur parent pass their 60th birthday? If not, still able to get.

yup. as long as your parent are not exceed age of 60. If this year your parents are 60 years old. Den still be able to get the medical card, subject to underwriting of the insurance company

assuming your parents are 60+ yrs already then the following options remain:

Berjaya Sompo B-Rawat (max 70)
Kurnia MediGuard Value/Premier/Senior (max 65)
Tokio Marine Medic Plus (max 65) - comes with deductable

and PruHealth will also take applications up to max. 70.

all of course will be subject to underwriting and will exclude pre-existing conditions.

Just wanted to know the truth , any ING agent here ?

ok deal im back to buying Medical Card only . so since my gf buying manulife standalone , others all standalone . she pay first 2 months by cash .
then following months all deduct from her bank account .

is it ING does not have this and need to pay annually ? or is it he doesnt want me to do so ?

because below is what he said :-
Can i pay for u yearly 1st?total amount is rm597. u can pay back to me when u are convenient. coz cant pay monthly for medical card. and once i summmit the form ur protection will start. ok?

( i have no idea why the heck i posted out all , it seems like i doesnt trust him as a friend at all ) =.=

mostly medical card stand alone need to pay annually/semi annual(if the premium high). And maybe your gf plan are different from you. If you purchase a life insurance plan , den you can pay it monthly. As the life plan allow you to pay monthly. But medical card need to pay annually or semi annually.