AXA General is dealing with GI while AXA Life is dealing with Life.

All the H&S plans are more or less the same in terms of benefit types and premium. There is no such plan as the best H&S plan in the market. If there is, it will sell like hot cake and do not need any agent to promote. There is only a plan that best suits your needs and budget that you can afford now. Many people's needs and financial standing changes usually for the better as they mature, as such what suits you now may not suit you in future. As such it is always good to have a professional agent that helps you to look/review this, from time to time , especially if you do not have the time or knowledge to do so. Leave it to the expert who is passionate and committed to serve.

The problem is most senior medical insurances are very expensive.

Any company offer limited protections with cheap fees. Like 20k should be enough..

I would suggest you not to buy medical card with too low limit. As when you finished up the limit, you might have problem buying another medical card. Insurance companies might not want to accept you by then.

well, may be it can only be used for minor admission.
For bigger one, government hospital may be a better choice. 20k - 40k is just enough to cover government fee. As you know, things are never cheap as well for government hospital.

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Added on January 5, 2010, 1:20 amGood and cheap plan, please advise:

http://www.tokiomarine.com.my/products/medical_partner.htm
only drawback is until 65 only..

I would say all very expensive, only kurnia mediguard premier is affordable..

Paying like Rm3k per year is like paying a viva..

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Added on January 5, 2010, 9:06 pm

yupe.. the problem about tm is it does not cover after 65.

so kurnia will still be the best.. if not, i will buy tm..

anyone has discover medical policy like this:

-10% co-insurance and 20% room rate co-insurance (not room category)
-example you take RM 80 for room rate, in case you admitted and stay with the cheapest room equal to RM 100 you will subject to 20% co-insurance.
-because your actual co-insurance is 10%, you need to pay another 10% out of that 80% from the room rate co-insurance.

that explains it all. sorry for misunderstanding. the 10% co-insurance comes for individual plans for the companies i listed above. for company plan, it might even be without limits in order to reduce premium due. i guess in a way this example shows that you should not rely on your company plan but get your own one too - one where you know what is paid and where you decided on the cover.

correct. i got many called from going to be retired employee which want to sign up medical card with me.

1. premium is high. at least RM250 monthly
2. cant sign up, have diabetes, high blood pressure and etc.
what can I say, Im sorry I can help you. Please educate your young staff to purchase medical card insurance as early as possible.

1. premium is cheap
2. savings is more.
3. you are healthy.

you sure their calculation is like this? as over use of the medical card is posible for mosthly medical card. coz room & board different also = different medical charges. that's why you have to pay extra. coz your company buy the most lousy card which can stay in the cheapest room nia, try ask boss to upgrade atleast level 2 lor.

Hi all, It seems that we have a few insurance expert here.

Im just want to ask a few questions. Anyone can explain in detail the answers would be a very great help for the members in this thread who may just about to purchase or already purchase a medical card.

1. Who can define the term and purposes of having a medical coverage?

2. Why a client claim was advice 'pay and claim' when they already have a valid medical card?

3. What is 120 days SI? What are the illness? What other illness that could relate to SI?

4. How 20 % co-insurance calculated?

5. Why the agent said to me that my medical bills will be covered if i purchase a medical card but in the end my claim was rejected?

6. Client came to seek agent clarification on purchasing a medical card but agent only telling the client which plan is the best? they make comparison with other insurance company plan types, co-insurance, deductible. What do agent understand about the medical illness and which illness is coverable or not by the insurer?

7. How assure that the insurance will issue a GL/ LOG to the hospital for any admission?

8. How to make sure that every time i was admitted to a hospital, the insurer will issue a LG/LOG for me without any hassle or delay? 

9. Which list of illness can be coverable in within 1st year policy?

10. Why hospital staff ask me to pay for a deposit eventhough they already received a LG/LOG?
I will be glad if there is someone who is an agent explain to me all the question above.

i dont think it makes much of a difference. but it does depends on your insurance requirements. for me personally i'd take a very very high cover while i am young and gradually reduce it zero by the time i retire. i.e. 1M++ then slowly lower to offset just the amout of money i would still have to earn to retire with my set level of monthly "pension". if you do it like this, then standalone is significantly cheaper because the higher early cover is almost free while the lower cover at the end of the period would probably be more costly. if you buy a package you get a uniform amount that rarely reflects your actual need more than for a few years in the middle of the insurance period.

Yeah its on budget so i took MC instead of the whole plan  .

In future if i got money , i buy savings plans . is it worth ?

or do i really need to force myself so hard atm =.=

so buying MC + life insurance without returns is better right ,
those invest / savings i can buy in future

HHalphaomega,

agreed that might come in handy. but a simply CI to cover say 10-20 years of premiums would be an alternative to offset this.

since TS is on a budget i guess he should really only buy what's most needed. i find it very sad that friends try to pressure him to buy something he cant afford to gain comission. ppl like that should not be allowed to be agents as their actions are not ethical.

ive decided to buy oni medical card at this time .

i prefer ING so hope my friend don talk so much and layan me those MC oni . if he proceed don wan do any shit and keep push me others . ill straight decline everything and go for Manulife MC . -.-

just want to clear my doubt.

ILP is protection+investment, right?
investment may be gain or loss? or the insurance company will at least maintain a minimum %?

the investment is non guarantee, is it?
or it's consists of guarantee+non guarantee value?

yeah im thinking of that too .
at least i have a medical card .

regarding others , i wish i can have too but wait till i have enuff income .
getting paid at 1.8k is too low T.T
My friend intro below plan for me ,
he says will recover my MC in future , what i want to know guys , is if i buy oni MC card now . and maybe 2 years later i only buy other plan .
will i lose alot or totally not worth it ?

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Added on March 11, 2010, 9:45 pm

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Added on March 11, 2010, 9:49 pm

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 .

yeah i already decide i take oni Medical Card but the ING medical card got cashless or non cashless .

anyone give opinion which i shud take ? different RM150 a year .
having a card better or don need the card. =.=

My take is - Allianz, Pru and Great Eastern are well established, financially sound players in Malaysia, with good support system, so no problems claiming etc.

Pru policies gets upgraded all the time - Now if you don't claim, you get No claim bonuses, but still go Co-insurance, capped at RM1k maximum. However, you can upgrade rooms beyond your entitlement and pay the difference without penalty. Allianz no co-insurance (powerlink) but be very carefull of the 20% co-insurance if you upgrade/force to upgrade your room over your entitlement. Great Eastern not sure. Anyone here care to comment.

Hey guys and girls, I recently signed up for an ILP with Great Eastern with Smart Medic as the medical rider.

I just only found out that it's yearly renewable. Is there any chance that it CANNOT be renewed once a claim is made? Worried about not being able to renew it when I need it the most i.e at old age.

HHalphaomega,

you sure about that? i dont know about GE but i spoke with the guys from MSIG before asking them about their yearly renewable feature. they told me straight away that if i make high claim or for example cancer claim they either wont renew me next year or exclude cancer and such. since non-guaranteed is usually a lot cheaper this makes sense for the insurance (bad for the insured....)

I believe why most ppl say Pru prolicies are expensive, perhaps maybe most of PRU med card is attached to ILP.  If this is the case of course it is anytime more expensive than any standalone medical card sold elsewhere.

thank for the explainantion waiyeap, got other question, if im diagnosed with certain critical illness, can i apply for medical card after being diagnosed, so if i dont want to have medical card i can choose to have high sum of CI coverage, bcoz i think the premium is cheaper to increase coverage for CI compared to medical card