I am looking for a medical insurance policy for my daughter who is just borned. Please advise on the most appropriate product for her.

Leng Bee Luan - 27 Jul 07 at 8:15 am

I am looking foward for family medical package that could placed all of my family members under one roof.

mohan - 27 Oct 07 at 7:06 pm

Hi Mohan,
Great Eastern doesn’t provide family medical package. Anyway, GE provide 5% discount when there are more than 2 policies in a family. The family package is available from AIA. You might want to look into that.

KCLau - 28 Oct 07 at 4:31 pm

About Great Life Portfolio Insurance, what is the max claimable for out-patient Cancer and Kidney treatment? is that up to max of lifetime limit?

Elvis Khor - 20 Nov 07 at 2:52 pm

Hi Elvis,

It depends on what kind of H&S (Hospitalization and surgical) plan attached to the policy.

Currently, there are 2 kinds of H&S plan with 4 different packages.
The most popular is the ILHP (Health Protector)
For the medium package of ILHP, i.e. ILHP150, the outpatient limit is RM15,000/year . You can claim all the lifetime limit of RM150,000, but maximum RM15k/year.

KCLau - 20 Nov 07 at 4:28 pm

Hi KCLau,
Does the H&S u r referred same as Great Medicare? because those plan within the product indicated of lifetime limit.

Elvis Khor - 20 Nov 07 at 4:48 pm

Can you share with me the H&S Plan with 4 different packages? U can email to my mailbox lckhor@yahoo.com Thanks

Elvis Khor - 20 Nov 07 at 4:55 pm

Hi Elvis,
No, Great Medicare is a different H&S plan which is purchased separately.

KCLau - 20 Nov 07 at 5:10 pm

Can I just purchase the H&S Plan only?

Elvis Khor - 20 Nov 07 at 5:42 pm

Do you have latest Great Medicare product? kindly email to lckhor@yahoo.com thanks

Elvis Khor - 20 Nov 07 at 5:49 pm

Hi Elvis,
You can buy the Great Medicare plan as standalone H&S. But not the IL Health Protector, which had to be included in an investment-linked plan.

KCLau - 23 Nov 07 at 10:40 pm

I was thinking of becoming of full fledge financial planner. But there are too many companies in town offering insurance. What do you think? Which agency offer comprehensive guidance and practice total financial planning, I meant inclusive of mortgage, tax planning and trust will.

Please tell me which Insurance best serve the above purpose.

My friend was telling me about ING? What do you think? I was informed they have got home and business financing…Please comment.

Should you free, you can also call me at 014-6401398.

Thanks

Nicholas Low

Nicholas - 18 Feb 08 at 1:47 pm

@Nicholas

I think there is not much difference between different insurance companies.
If you are a capable person, you will succeed regardless of what company you are working with.

KCLau - 19 Feb 08 at 2:13 pm

hi Mr KCLAU,
You think there is not much difference between different insurance companies?
Why Only AIA provide family medical package. GE provide 5% discount when there are more than 2 policies in a family. other ins com plan also difference…
agent from prudential like to sell me investment link product with medical card. GE agent and allianz agent like to sell to saving plan, something like endowment plan.
my age is 31, if i only want to cover life for 3 million,what plan is suitable for me, and cost how much? because investment link plan not accept it..
thanks for your reply

eddie - 22 Mar 08 at 3:29 pm

Hi Eddie,Regarding your question about insurance:

1. You think there is not much difference between different insurance companies?Why Only AIA provide family medical package. GE provide 5% discount when there are more than 2 policies in a family. other ins com plan also difference…

You are right about the difference of plans. And basically every company’s plan is competitive. Example, you want a family plan. Only AIA provides family plan. GE don’t have family package. So they provide individual limit and different term plus the 5% discount. What I mean is that you can get a thorough protection from a single insurance company. Comparing different plans in Malaysia will require you to meet 16 different company’s agent. By the time you did all that, probably you will get the most suitable plan you like.It is wiser to focus on what you need on protection, but not what plan that you think is the best.

2. agent from prudential like to sell me investment link product with medical card. GE agent and allianz agent like to sell to saving plan, something like endowment plan.That’s the problem with insurance agents.

Product-selling is what cause the problem above. Some agents only want sales. Finding a good agent is essential.

3. my age is 31, if i only want to cover life for 3 million,what plan is suitable for me, and cost how much? because investment link plan not accept it..

Why is that investment-linked plan not accepted? For your age, GE’s Greatlife Portfolio Insurance (also investment-linked) can give you RM3 million protection with premium RM8000/year.GE’s cheapest term insurance for 5 years term will cost RM8340/year premium. In my opinion, investment-linked is the most cost-effective in your case.

KCLau - 22 Mar 08 at 11:07 pm

I , 39yro, non smoker, crane driver, would like to know if I want to get RM 500K sum insured on supreme care covers death, total permanent disability, how much is the premium?
Thank you

SC - 26 Jul 08 at 2:05 am

The premium is RM7225 p.a.
Please be informed that this policy will be withdrawn and no longer available after 30th Sept 2008

KCLau - 30 Jul 08 at 12:28 pm