does anyone has the premium table for the medical plan that is attached to Allianz Powerlink ILP? appreciate it if you can attach it here

currently, i have an investment linked insurance with one of the insurance company that was purchased some years ago. i intend to look for some upgrade to the coverage of my medical plan in this investment linked policy. the current medical plan coverage is ok, but with quite a few limitations like per confinement limit/low coverage for cancers etc and might not be sufficient for the future medical inflation. current policy has no loading since it was purchased years ago.

i have asked for the quotation of investment linked insurance from another insurance company, but unfortunately there is about 50% loading due to my hypertension situation. the new medical plan coverage has higher limits, but the life assured amount is very minimal.

question: should i maintain the current investment linked policy, despite its limit? or should i opt for the new policy and terminate the old policy once the 4 months observation period is over, even though it's much more expensive?

PS: wont be able to sustain both medical plans due to $$$.

appreciate some feedbacks and comments.

thanks for the feedback. i've asked the current insurance policy and unfortunately, the current medical plan is not upgradable anymore. that's why the dilemma

Hi,

That's a good suggestion.

do you have any claims experience/heard of any problems regarding medical claims with general insurance companies? the general believe is that general insurance MIGHT be more difficult to claim AND the issue of renewability of the medical plan.

have you experienced any difficulties in admission to hospital/getting guarantee letter when using a medical card from GI companies?

anyone has experience buying insurance and making claims from banks, i.e. bancassurance?

does this case that you know of, the medical policy is from stand alone medical card or as a rider as in an ILP?

am looking at Tokio Marine Medic Plus as a supplementary medical plan. anyone has any knowledge in more details about this Medic Plus plan/experience dealing with TM?

per disability here means per hospitalization or per disease?

for eg in cancer treatment, you might need to go for multiple chemo shots which easily cost up to 10k per shot.

any plan in mind? my son is on the cheapest plan for ING IMPlus which i think is not very cost effective. might review it should there be a viable alternative.

[quote=rakyat,Dec 17 2009, 10:04 AM]
Wah gone a few days and this tread have ran away , 1st of all how old is you son? Legally speaking a minor cannot go into a legal contract, no insurance company will accept an insured under 18 yo unless it is OTLO i.e. parent or guardien buying on the life of the minor

A cheaper alternative is to extend your existing medical coverage (I assume that you are covered) to a family plan. As for your ILP, u can easily convert the medical part of the premium into your unit trust or death benefit unless you totally don't want the policy which then you will need to cancel. For a 5 months old policy, I doubt you can get much back.

my son is 3+ now. the option of extending my medical plan to include my son could be more expensive than buying stand alone medical card for him. besides, it could be more troublesome administratively if he has to be admitted due to sharing of the same medical card with me (maybe just my perception).

would it be advisable to get the stand alone medical card for him (of coz under my name as a guardian) from general insurance company since they normally have more comprehensive coverage with a better pricing?

any bought medical insurance from pacific insurance before? any experience dealing with them/acceptability of the medical card by the private hospitals?

i have a medical card for R&B 150 which i bought many years ago and this card cannot be upgraded anymore (due to change of plan). I have since been diagnosed with hypertension few years back and now i'm thinking of upgrading my medical card.

I wonder whether insurance company still covers for those with hypertension? If yes, will there be loading and how much will be the loading normally? I would like to find a medical card that includes diseases induced by hypertension coverage, as i know some medical cards exclude hypertension if you already have it.

PS: I know i might be subjected to medical examination before approval.

is there any medical card from general insurance companies that covers existing medical conditions with loading?

as far as i know, general insurance co will just exclude the disease from coverage....

thanks for the insight, pjusa....never thot of being able to negotiate for insurance policy.

i've recently sign up for TM Medic Plus as a supplementary med card, but with exclusion of hypertention and its related diseases due to my med condition. I guess it's too late now to nego but for next year's renewal, i might ask for coverage of hypertension with loading if it's possible.

i'm having a medical card with the coverage of 90k/300k (annual/lifetime) limit with room & board of rm150 and CI coverage of 100k. i have another supplementary med card from another insurance with limit of 150k/750k and room & board of rm500. This supp med card which i bought after i was diagnosed with hypertension, is excluding hypertension related diseases.

question: is the coverage above enough to sustain future's medical cost? do i need another medical card (which doesnt exclude hypertension related diseases)?

appreciate feedbacks. thanks.

i do have some budget for insurance and that's i'm reviewing my med coverage.

my first med card of 90k/300k do cover hypertension since i bought it way before i was diagnosed with hypertension. For cancer related diseases or other major diseases, i believe my current coverage of CI 100k and supp med card 150k/750k should be able to cover the expenses. My only worry is hypertension related diseases such as heart attack etc since my only coverage is from my first med card 90k/300k and CI 100k. i believe this might not be sufficient in the future. also, the room & board for my first med card is only for rm150 (not able to upgrade anymore), which should be not enuf for the future.

does anyone has the cost of insurance table/chart for prudential crisis cover income rider & the similar rider from AIA (not sure what's the product name for AIA, could be disability income rider or something like that)?

appreciate it if you could share it out. thanks.

i did a short comparison among few medical cards from a few life insurance companies. you may check it out here.

the medical cards that i mentioned in the article can be attached to a policy as a rider. my personal believe is that we should pay focus on medical card coverage in an insurance policy since they will incur most of the premium charged and it is the most likely product in the policy that you will use more often.