Hi guys & gals,


I've been using this GE life policy for about 9 yrs or so. and paid roughly ard 100bucks per mth. It covers a basic sum of 35k and additional for Reducing Term Rider Plus with Total & Permanent Disability Benefits (RTRP-TPD) of 70k, but it has many clauses like aft age 40yrs old u'll get like 75% of the insured value and so on.
I would like to know is it better to stop the policy and get a better policy that comes together with the medical card which has a better limit and the premium doesn't goes up like the std alone medical card i'm using now cause the coverage sucks with and annual limit of 25K & life time limit of 75K, which i think is not sufficient. I paid rm250/yr when is signed up 9yrs ago and it escalate up to about 4++/yr now w the same coverage. Wat is ur advice about tis. Should i terminate and buy a better one or i pay for tis and get additional life insurance tat comes with a medical card.

This post has been edited by gsrturbo: Dec 14 2010, 04:12 PM

No wat I'm saying is cause the coverage for life insurance is much higher now compare to last time and comes with a medical coverage should i jst cancel my existing policy and buy a new one which comes with life and medical with a higher premium and yet better coverage or should i stick to the old plan.

ok, I think is better to stick bac w the ol policy and upgrade it or buy another xtra policy with a medical card in it, cause i feel tat the current medical card is not sufficient and it goes up through the yrs, so its not worth while to keep on w the medical card. its goin to expire tis mth. so i would like to know issit better to terminate it and get another one tat comes w life, as well as medic card. so tat the premium will be the same through out the yrs and the life time limit will be higher as well.