V have another thread running on plans comparison http://forum.lowyat.net/topic/1607342/+60&#entry37354645

what you have IMHO, not worth it. if i'm not mistaken u r paying for a day when u r unable to earn an income due to critical illness, total disability den u dun need to pay the premium d, also the benefit...hmmm pocket money everytime u r staying in the hospital?

i suggest u come over to the above thread n discuss this matter.

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Added on October 28, 2010, 8:11 amthat is outpatient benefits...must check.

wat i'm seeing here is a trend to take from 'trusted' sources. aka TM (peeps..tm is telco...y u wanna get insurance from a company that only call ppl???) it's worrying.

n really do read ur policy or pass the policy to ur trusted agent or lawyer fren cos there are limitations.

Very high lifetime limit means VERY LOW annual limit, no lifetime limit...no such thing. I pity the agent that twist the facts just to get u to buy a policy.

about medical card, pls pls pls pls..hammer ur agents or get a new agent cos all medical cards are now by default up to 99 years old.


Be informed of ur own rights, this is ur consumer rights and do take this seriously k. i was at the hospital to check in my client, a 4 month old baby with flu n cough, the room mate is a 16 months old boy. d boy doesn't have insurance and stayed there 2 nights, each night hafta deposit 2K (2 nights 4k deposited), total bill at the end of it was 1.5k. is it better to be paying only a small sum each month or year then to be paying out at LARGE sum each time u r admitted?

Those medical cards that allows u to claim from clinics? ooo be even more wary of those, the limit is damn low (ask urself) for clinic and even hospitalization. only thing is always ask urself y do u need the card and is the card able to resolve ur headaches in those times of need.

ask ur agent that, if ur agent is a sincere one u would get a redesigned policy else......(need i say much)

Dream Maker
Manulife
For your future

This post has been edited by coolpajames: Oct 28 2010, 08:11 AM

thank PJusa,
TM has always been to me s telekom

i dun remember the limits being elaborated in that way. wat i do know is different from urs. annual limit...how much u can use in that year...once u hit the limit the medical card expires.
lifetime limit is how much u can use when u r alive.

eg (just to discuss, n no actual policy is implied)... annual limit 10k lifetime limit 50k...the policy holder ends up in hospital for 7 time in a span of 10 years and each time uses 8k (total is 56k far exceeds the limit). by d 7th visit the medical card expires s it has reached the lifetime limit.

ad for the additional limits, it's usually an upgrade of ur existing policy/medical card of choice.


s 4 my statement. yes it's 99 yeas old now n started for some time already. so please check with ur agent or the customer service reps.

i dun really get ur last point there about the premium going up very high. is it a investment link or a term plan? from experience that usually is term plan. s u age the cost of insurance increases accordingly cos with age comes the higher possibility for one to get ill or succumb to illness.

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Added on October 28, 2010, 4:52 pmPJusa,

FYI u can get a stand alone med card. v will recommend a comprehensive policy s it's more worth for money. with the medical card if u dun use it then that's it u just pay yearly, with a comprehensive policy u get outpatient benefit, death n disability n critical illness benefit, might b able to put PA, hospitalization benefit (i call this pocket money when u sleep on the hospital bed, IMHO not worth it) there are loads of things to consider.

yet if a simple stand alone medical card is able to meet ur needs, den just chek on wat each can give u n get the right agent that u feel comfortable with


This post has been edited by coolpajames: Oct 28 2010, 04:52 PM

PJusa
u mean the higher annual = lower lifetime n vice versa?

that's wat i noticed in the policy illustrations, it is a balance at the end. can't have best of both worlds.

Thanks for your feedback, it's a personal preference, if u wanna i can show u y i say that...when i dunno how to articulate it in words..even in person. i can show u wat i mean when i do up a policy illustration.

d medical card now does cover up to 99 years old. the policy's premium is a totally different spectrum

MXM is a MLM scheme where it's product is the medical card that comes with extra benefits (correct me if i'm wrong) n if u wan to put ur trust into a MLM to provide u protection n medical assurance, it's ur choice.

also this comes back to mind an earlier posting....MXM is a general insurance which is yearly renewable.

wat i'm trying to say is that GI is renewable upon the discretion of the insurer, hence your insurance will become extinct if the insurer (insurance company la) chooses not to continue with ur policy's renewal.

got ILP it's already a life contract signed only if u have chose to hide certain medical facts about urself n was found later on...bye bye policy n bye bye claim.

OMG! 1 question...do u or ur family use 3-in-1 shampoo, 3-in-1 coffee/milo packs? that answer is urs to know...n that will asnwer ur rojak policy

medical card 2 my understanding is depending on which u get it from...n again...it's a buyers beware term. check the T&C b4 buying

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Added on November 2, 2010, 1:08 amthen there must have been a shift since i left the insurance Adjusting line then. thanks for the update. s i knew it was the insurer's choice, they choose to say u can renew or not or to add loading or to add terms n conditions. on the other side for the insured (customer) v like v renew else v change company so that bit i dun bother cos it's our choice s in everything v do

This post has been edited by coolpajames: Nov 2 2010, 01:08 AM

MNet

I know i do have that with manulife and if i can do it means most or all can as well.

u can get a standalone medical card or add on the medical card into an ILP. s agents v always say get the ilp with med card cos u get more out of it....y? cos med card u pay yearly n nothing happens GREAT! yet u r still paying. if u can afford to up ur commitment then ilp's added stuffs are good, u get just in case u pass on (die la), u can't work no more (due to disability to critical illness) n that savings (cash value/buy units)

how i started was a 'i never saw' policy from maybank where i pay (i can't remember how much) to the bank n if anything happens den i'm covered...i paid for a few months then...eh i pay pay pay den wat i get...so then i started to look for a ILP n started my ILP

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Added on November 3, 2010, 3:24 pmGen-X thanks for sharing. ppl ILP has it's uses only if u bother to learn it or ask ur agent about it.

the free coverage ppl...pls note...VERY IMPORTANT...look at the policy for No Co Ins (u pay 0) or Co Ins (u share 10% of total bill) n medical card claim is only applicable for MEDICAL EXPENSES ONLY not ur extra creamy machiatto from the cafe next door or the Times u requested or even that cab u took to the hospital.


This post has been edited by coolpajames: Nov 3 2010, 03:24 PM

almeizer,

pay 1st claim back later.

can...s long s u dun put in medical card n the sum insured is VERY LOW n cash value also VERY LOW u can do it

1 of my client is 4.5 months old i did a plan that is 120 with medical card just last week got her in n out of hospital for flu n fever. the mom so hapi n the baby now smiling d

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Added on November 4, 2010, 4:09 pmrockets...i'll let those whom r more senior then me explain the pros n cons bit

yet need to clarrify..it's only 6 years only.
s for GI it's s long s there's premium to collect yearly (aka during renewal) then u get commission (cos it's a new sales every time the policy is renewed)

This post has been edited by coolpajames: Nov 4 2010, 04:09 PM

hmm...u wanna get a new 1 or upgrade ur current one?

u wan a CHEAP one can...1.2k a year u get R&B 100 and Death n TPD benefit of 70k with CI of 60k only. or u wanna get 1.8k a year n add in outpatient of 10k

i would recommend a 2.4k premium a year with on the very least 100k protection can b provided and ur R&B is 200 with outpatient of 30k and ok savings

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Added on November 8, 2010, 11:49 amPjusa n ajau

guys chill...
PJusa thanks for the comparison n ur feedback. u have a liking for GI s it meets ur needs. it's a great thing that u r informed of the different and also that you would like to know more of the various policies being offered out there. really appreciate having u s a forum fren.

ajau,
thanks for professional in handling the questions, really teaching me loads. wondering wat happened to our other thread. v champion the same things, ILP has it's benefits n flexibility and also agrees that GI has it's own benefits n flexibility. It's up to the client what they want and need

dear thread readers,
again would like to point out, that each insurance company whose providing medical cards or CI has it's restrictions or limits. pls do check which is ur flavour. some has higher annual limit and some higher lifetime limit. some has restrictions on which stage you can claim at. it's really is good that u want to check it out.

we v agents r here to help u out, do ask us if u need anything. agents r here to provide u our personal attention. u can go direct to the office n get 1 urself and when u need to claim u can go to office also urself. with an agent u can rest assured that u r focusing on getting better and being able to return to your normal life. agents are here to assist u in this.

This post has been edited by coolpajames: Nov 8 2010, 11:49 AM

Moderators:

suggestion to lock this thread as it's becoming a sales ground rather then an informative thread.

Thanks al,

noted n will withdraw the request (dang now i m doing sales...) not received any feedback from u yet

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Added on December 8, 2010, 3:00 pmguys..n gals NOTE.....
medical card from life insurance companies are now covering till 99 or 100...the 70 or 80 years old is OLD news.

This post has been edited by coolpajames: Dec 8 2010, 03:00 PM

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

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