Which health insurance should I get?  

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 Ragu
(@ragu)
New Member
Joined: 2 years ago
Posts: 2
26/07/2017 7:27 pm  

Is anyone's family plagued with death due to diabetes and cancer? I need health insurance but not too sure which one?


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(@syahidah-jamil)
Eminent Member Agent
Joined: 2 years ago
Posts: 24
27/07/2017 6:07 pm  

It depends on what you're looking for, sir. Are your concern relating to critical illnesses only, or you're looking for a full and comprehensive package. By means of comprehensive, it includes the investment part as well, sir. It's all depends on your needs ☺️

According to your question regarding death due to diabetes or cancer, yes, insurance companies do pay the benefit in the events of death. And also the person will enjoy the benefit of critical illness payout if that's included in his policy. I can show you more about this if you want. Here is my number: 010-293 5424 . Looking forward to hearing from you soon. ~Syahidah


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(@surenj)
New Member
Joined: 2 years ago
Posts: 4
30/07/2017 10:22 pm  

Insurance is so confusing...


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(@syahidah-jamil)
Eminent Member Agent
Joined: 2 years ago
Posts: 24
31/07/2017 1:54 pm  
Posted by: surenj

Insurance is so confusing...

May I know what makes you confused, sir? Is there anything you want me to elaborate further? ☺️


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(@victor-tan)
New Member Agent
Joined: 2 years ago
Posts: 3
02/08/2017 3:18 pm  

Zurich Insurance Agent here. Based in Kelana Jaya. 

Just PM me @  https://tinyurl.com/ ZurichMY


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(@daniel-lee)
Active Member Agent
Joined: 2 years ago
Posts: 11
02/08/2017 4:42 pm  

Hi, I am an independent financial adviser. I am not tied to any insurance companies. Perhaps I can help you find out which insurance companies products suits you best. Feel free to call me at 0182610688. Cheers


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(@myeliteagency)
Trusted Member Agent
Joined: 2 years ago
Posts: 58
02/08/2017 8:54 pm  
Posted by: Ragu

Is anyone's family plagued with death due to diabetes and cancer? I need health insurance but not too sure which one?

Hi Ragu, 

Are you more concern about income or hospital cost? 

Health insurance can help you to reduce your hospital cost burden and critical illness will give you income as you don't necessary to receive any treatment. 

Hope it helps. If you need any further details, do drop me an email. 

Thank you!

Adeline


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 Ragu
(@ragu)
New Member
Joined: 2 years ago
Posts: 2
03/08/2017 6:51 pm  

I'm looking for something that can cover me with those illnesses (touch wood I hope I don't get them) but just in case, is critical illness a good option? 

Plus is there a policy that can sustain me financially if in case I can't work because of diabetes or cancer. 


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(@myeliteagency)
Trusted Member Agent
Joined: 2 years ago
Posts: 58
04/08/2017 12:28 am  
Posted by: Ragu

I'm looking for something that can cover me with those illnesses (touch wood I hope I don't get them) but just in case, is critical illness a good option? 

Plus is there a policy that can sustain me financially if in case I can't work because of diabetes or cancer. 

Hi Ragu,

Medical card covers your hospital treatment cost with any illness including accident.

Critical Illness plan covers your income loss and better attached with waiver of premium, so in case anything goes wrong like what you have mentioned, your policy premium is going to waive and at the same time you receive a lump sum of money (since medical already covers your hospital treatment cost) to pay for non-claimable items under medical card and also serve as replacement of income loss. So, it is encourage you buy at least 20 times of your annual income Sum Assured.

Hope I have answered your questions.

Adeline


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(@syahidah-jamil)
Eminent Member Agent
Joined: 2 years ago
Posts: 24
07/08/2017 7:26 pm  
Posted by: Ragu

I'm looking for something that can cover me with those illnesses (touch wood I hope I don't get them) but just in case, is critical illness a good option? 

Plus is there a policy that can sustain me financially if in case I can't work because of diabetes or cancer. 

It is better if you can look to a complete and comprehensive plan where it covers everything, including critical illness shield. Attached in the plan are the coverage for accidental and life, together with a medical card to help you lowering the hospital cost burden, as explained by our Ms Adeline. That's why insurance are best to be applied when people are still healthy and happy, sir 😃

And yes, to answer your second question, we do have a plan that still can continue to back you up financially in the events of diabetics or cancer (touch wood again). As hybrid plan offered by Prudential comes with the investment part which you can withdraw anytime as long as the policy are still in force. Even though you were unemployed due to any of serious and critical illnesses, you still can enjoy the cash savings of the investment-linked plan. Hopefully I can show you more of this so you'll have a clearer picture, sir.

~Syahidah (Prudential Wealth Planner) +6010 293 5424


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(@muhammadyazed)
Trusted Member Agent
Joined: 2 years ago
Posts: 93
15/08/2017 3:04 pm  

Suggestion:

1. If you have tight budget, but need insurance, better go Income Protection first. medical card later on either using stand alone plan or investment plan (medical card as rider).

2. If you have budget, go for medical card. Either using stand alone plan or investment plan (medical card as rider).

3. If you have more on budget, make comprehensive plan. Have medical card and income protection.

=====

Generally, takaful/insurance coverage is to give compensation upon death.

That's why you will see term : Basic/sum covered/sum insured/sum assured/pampasan kematian/death compensation on any policies either in takaful or insurance.

So, what actually the income protection or critical illness benefit?

See below :

Main component in a plan (standard in any companies takaful/insurance in Malaysia)

1. Basic

2. Critical Illness

3. Hospital Allowance

4. Personal Accident

5. Medikal kad

6. Waiver

Brief explainantion :

1. Basic : will give to heir/person named/nominee if death/TPD (Total permanent disability) occur

2. Critical Illness : company will pay to you/heir when participant diagnosed with one of 36 critical illness covered in policy.

3. Hospital Allowance: company will pay you when you stay in hospital. Example in plan you will get rm500/day. So, if you stay in hospital for 5 days, you will get rm500*5days=rm2500

4. Personal accident : Company will pay you when accident happen.

5. Medikal kad : A card that will pay your Treatment and medical bills when you admit to private hospital.

6. Waiver : your Contribution will waive when participant diagnosed with one of 36 critical illness covered in policy.

 

 

Muhammad
VMC Membership Takaful Advisor
http://vmcvip.wasap.my/


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