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Best Medical Insurance

  

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I am using GE

Basically there is not best insurance.

U can survey & compare,

then choose which package suitable for u

:cool:

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Ya, correct. There's no perfect insurance in the world. I'm using ING. The reason I choose ING bcos it covers more hospitals & specialists (Cashless) if compared to other brand insurance.

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I'm a Prudential agent, definately you will say I will pro to Prudential. As Shaun say, there is no best insurance, this month maybe Prudential will be the best, but in next month, GE will launch a new medical plan, become the best and so on with other companies.

Most important is when you are investing in a medical plan or any form of insurance (inclusing housing MRTA), disclosed all the medical history to the ins company to avoid any dispute claim in future. There are cases in rejecting claim for MRTA due to non-disclosure of fact. Actually is not the client fault, is the bank staffs does not ask the questions.

Second is "agent", a responsible and sincere agent will help you lots. On the other hand, a irresponsible agent can make your life miserable especially when comes to claim.

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I'm using Prudential.

I think not insurance company will said that they own best medical plan. It all depend on (1) ur need / requirement & (2) insurance agent.

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I'm a Prudential agent, definately you will say I will pro to Prudential. As Shaun say, there is no best insurance, this month maybe Prudential will be the best, but in next month, GE will launch a new medical plan, become the best and so on with other companies.

Most important is when you are investing in a medical plan or any form of insurance (inclusing housing MRTA), disclosed all the medical history to the ins company to avoid any dispute claim in future. There are cases in rejecting claim for MRTA due to non-disclosure of fact. Actually is not the client fault, is the bank staffs does not ask the questions.

Second is "agent", a responsible and sincere agent will help you lots. On the other hand, a irresponsible agent can make your life miserable especially when comes to claim.

since u r Pru agent

any insurance for senior citizen? age >65

I mean like those life insurance?

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A plan from Prudential "Pru Senior Med" is suitable for Senior Citizen, covers up to age 80. However there are pros and cons in this plan. Please provide me ur email, I'll email the brochure for your reference. Besides Pru Senior Med, Prudential also have a medical plan name "Pru-health", but is an Investment Link plan. The premium is expensive, which I personally think is quite costly compared to Pru Senior Med.

I join in this forum is not to get any sales. Therefore, I would like to give some advice on the others alternative.

Currently in the market, there are also medical plans from GE, AIA offered to senior citizens age 65, last entry age is age70, just I'm not sure it is a investment link plan or standalone plan. My advise is not to have any investment link medical plan for senior citizen, as is not worth and expensive.

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Shaun,

Forgot to ask you, why you plan to have a "Life Insurance" for senior citizen? In my opinion, the only insurance should be given for senior citizen is "Medical Card", not Life Insurance. Unless, you are worried of the cost in future when they are no longer. Otherwise, Life Insurance is no need for senior citizen.

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There is no BEST insurance... or you may put it in this way ==> with the lowest premium with the highest coverage then could be the BEST... :smile:

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Shaun,

Forgot to ask you, why you plan to have a "Life Insurance" for senior citizen? In my opinion, the only insurance should be given for senior citizen is "Medical Card", not Life Insurance. Unless, you are worried of the cost in future when they are no longer. Otherwise, Life Insurance is no need for senior citizen.

Hi Suevian,

I have also ask prudential agent b4 (last year) for medical coverage for my dad but he told me is very expensive as my dad age is 63 year old oredy... can you advice accordingly? Thx

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Shaun,

Forgot to ask you, why you plan to have a "Life Insurance" for senior citizen? In my opinion, the only insurance should be given for senior citizen is "Medical Card", not Life Insurance. Unless, you are worried of the cost in future when they are no longer. Otherwise, Life Insurance is no need for senior citizen.

My mother dont want medical card

Yes so buying for in case the person is pass away

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What do you think is the best medical insurance currently in the market? Ive looked at Prudential, ING and AIA so far and all have their pro's and con's.

So lets see what you guys / gals think

i think Allianz is the best , lowerst premium with maximum protection when i bought few years back but now dont know still valid the plan or not.

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Hi Suevian,

My mum now is 56 years old, we bot Prudential - an Investment Link plan with medical card for her few years ago.

That mean it not worth for us to bot this plan for her?

Btw, could u pls email me the info abt Prudential "Pru Senior Med"?

singyee.thian@yahoo.com

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I'm Pru Link customer and i bought it solely because of relatives. But i do found it okay with both insurance and medical card they provide and i'm satisfy.

However, they are right, there are no finest or the best insurance plan. Just which plan that suits you the most.

So choose which suit you the most and pls do not compare! Insurance plan nowadays change so frequent.

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Hi Suevian,

I have also ask prudential agent b4 (last year) for medical coverage for my dad but he told me is very expensive as my dad age is 63 year old oredy... can you advice accordingly? Thx

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Hi Suevian,

My purpose to purchase medical insurance for my dad is just to prevent in future if there is any huge medication fees needed *touch wood*

I am the eldest & my sister just start work in this 2 years... I have no idea on the budget as everytime I ask for this sure the insurance agent after listen my dad age they will said not worth to purchase etc.... :wacko3:

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Hi Suevian,

My mum now is 56 years old, we bot Prudential - an Investment Link plan with medical card for her few years ago.

That mean it not worth for us to bot this plan for her?

Btw, could u pls email me the info abt Prudential "Pru Senior Med"?

singyee.thian@yahoo.com

Dear Sandy,

I also bought Prulink Invesment Plan for my mom too when she is at age 50. Because this is the only plan available at that time. Is okay to maintain this plan, just your agent need to look closely on this investment link account when age is near to 60.

If you are type of person love figures, take out your mom policy, read the page which contain Insurance Charge, you can see the medical card insurance charge is increase every year, same with insurance charge for others benefits. Assume you are paying RM3K per year, the exact insurane charge is only RM2K, so the balance of RM1K will be allocate to buy investment units, which is the cash value. At age 60, you are still paying RM3K, but the insurance charge is RM4K, so the difference of RM1K who will paid? At this time, the cash value you have accumulated previous years will be ulitized to cover the shortage. If cash value is not sufficient, then you will rcv a letter from Pru to increase premium :P. This is the points I want to highlight why Senior Citizen is not encourage to buy investment link plan because the years to accumulate cash value is short. However, if age is young, investment link plan is good to have, more times to accumulate cash value, premium cheap with more benefits. Look at the Pru annual statement, check what is the "Cash Value" now.

I'm not sure how much you pay, my mom is RM213/mth with only RM10K on death/TPD and Medical Card Annual Limit is RM62,500 only. No critical illness and accident. Every year I will check my mom account, is the cash value sufficient to cover.

Do not cancel your mom medical card even other agent tell you theirs is how good, superb good. Cause at this age, is extremely hard to get a medical card.

Pru Senior Med is good for senior citizen age 55 and above. However, is all depends on what is the needs, aim.

By the way, I will not email you the PSM cause not allow you to switch plan...haha, just kidding, email to you soon.

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Shaun,

Forgot to ask you, why you plan to have a "Life Insurance" for senior citizen? In my opinion, the only insurance should be given for senior citizen is "Medical Card", not Life Insurance. Unless, you are worried of the cost in future when they are no longer. Otherwise, Life Insurance is no need for senior citizen.

My mother dont want medical card

Yes so buying for in case the person is pass away

Hi Shaun,

RM100/mth for RM30K sum assured (Death/ TPD). Cover until age 100 next birthday. Try to get quote from AIA, tell them only pure life. As I know, AIA pure life is quite cheap. Besides that, is your mom current health is OK? Any person with Diabetes, High Blood Pressure and any illness is extremely hard to get a insurance expecially elder.

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i'm using my husband ING insuran. so far very satisfy because it cover for all illness and preganacy check up and deliver.

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Hi Suevian, can u please get in touch with me ASAP. Looking forward to buy insurance plan for my mummy. My email address is valeriy_471988@yahoo.com thank u in advance. 

Regards, Valeriy

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