TS

Besides budget, you should find out what type of disease are covered in the Critical illness policy. Do not assume it is the same for all insurance company.

Same goes for medical card. I do know one insurance company does not 100% cover eye cataract surgery.

TS

Rm500++ for a 50K CI is quite affordable. I suggest that you should also evaluate the agent that is going to serve you. There is already a few thread complaining about poor agents.

A standalone medical card should cost you less than RM100 per month from most insurance company. However, If I am not mistaken, there is no monthly payment mode for standalone plan.

Most agent will bundle with Life, CI or investment so that it cost more and they can get more commission. At the end of the day, having a good servicing agent is better than just looking at the cost alone.

Since you are working now, just buy a new CI policy. It wont cost too much premium since you are young.

You should buy insurance for yourself first before considering for your baby.

ING does not have co insurance. You pay RM50 for admin fees when admitted to hospital whereas other insurance usually you pay 10% of the hospital fees.

Critical Illness plan is an important part of insurance planning. The plan above is with saving elements. If you on budget, you can get another plan without the saving. After certain years, you get back on the amount you pay on the premium. It is very much cheaper.

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

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

You should also realised that there are co-insurance involved. Usually 10%. That means you will have to pay 10% of the total bill. Only ING does not have this feature but you pay slightly higher premium.