Q & ACategory: InsuranceInvestment link Medical insurance
Maureen asked 2 years ago

Hi , 
Good Day !! 
I would like to ask for  advice to buy investment link medical insurance . Now I am 30+ years old , is it wise to buy investment link medical insurance up until 70 or 80 years old? 
I wish Mr Lau can give me advice especially on areas insurance agent don’t mention . 
Thank you

2 Answers
KCLau Staff answered 2 years ago

At this time, the best medical card policy is still attached to an invest-linked policy.
It is good to have medical coverage when you are still healthy. So I would recommend that you get an investment-linked policy with health card. It is the best option in the market at the current moment.

KCLau Staff answered 2 years ago

Ask these questions when you get a quotation for investment-linked policy:

  • How is the premium allocation? Usually 1st-6th years will not be fully allocated for your policy
  • How premium holiday works?
  • Is there a minimum regular premium? and the rest can be a top up instead of regular.
  • Where can I find the details of insurance costs for each of my riders benefit?
  • Can you design the same benefit with lower premium?
  • Of course, ask about the limit and claim schedule for medical card.

The agent who can explain the details to you will be a competent one.
Good luck with your shopping. Or you can also email me to ask for introduction of a licensed financial advisor who can source from multiple companies.