How To Avoid Costly Mistakes When Buying Health Insurance While You're Still Healthy....

Critical Illnesses And Accidents Can Happen To You Anytime… Without Warning!!!

You’re not thinking of burdening your elderly parents, siblings and friends to pay for your medical bills, are you? Have you reviewed your policies to keep them in line with current and future medical inflation?

Why is it crucial to understand the importance of getting the Right Medical Insurance Plan for you and your family?

Making assumptions about your health insurance or ignoring the urgency of getting a right medical plan can be a costly mistake. More often than not, people who don’t buy health insurance when they can well afford to do so, wind up dumping their financial responsibilities on the rest of us. This is irresponsible and unfair to those who make it a point to do the right thing regarding their health care and insurance coverage.

If you don’t have the right medical insurance plan, you’ll find yourself in a bind when a situation like a critical illness or accident hits you and leaves you needing a huge sum of money fast.

Most Malaysians go to work daily with these questions in the back of their minds:

• Do I have sufficient medical coverage to cover the increase in medical cost?
• Will I burden my family, relatives and friends with my medical bills?
• Can I depend on my employer to take care of my family’s major medical bills for life?
• Will my employer continue to cover my medical expenses after my retirement, when I need them to do so the most?

Questions & Answers You Need To Know Today!

• Difference between 36 Critical Illnesses Policy & Medical Coverage?
• 10% Co-Insurance & Deductible Vs 100% Coverage? Which is Better?
• Yearly Renewal Vs Guaranteed Renewal Medical for Life?
• Is Cancer Treatment & Kidney Dialysis under Outpatient Treatment? Is there a minimal Cap? Warning!!!!
• Which are the Most Expensive Lifelong Treatments?

Many policy holders in Malaysia have bought policies that they are clueless about. The policy documents are kept neatly at home, without having them reviewed for years. Payments are faithfully made, with the assumption that the policies will fully reimburse their each and every claim made following their treatment at the hospital. 

But the biggest shock will come when they make the claims and are told that there is insufficient or limited coverage in their policies. By that time, it would have been too late to take any action!

Many Malaysians are only a few paychecks away from financial disaster if they are not able to work anymore due to an illness or disability. Don’t wait anymore and take action today. It is your responsibility to do so. 

Do call or email me for an unbiased review or understanding. Me and my team of consultants would be glad to meet you at a time and place convenient to you. Don’t ignore this call to action!

Warmest regards,

Benjamin David 

(Insurance Advisor)

HP: 012-3797437  

Email: benjamin.naresh@gmail.com 

Works with - Buss Malaysia (M) Sdn Bhd (A partner of Allianz Life Insurance Malaysia)

Know your Rights - It will save you money

Hi guys...

Thank you all for emailing and calling me for advise on knowing your rights as a policy holder in Malaysia and understanding with in depth knowledge of the various types of Insurance and medical plans out there!! I'm truly humbled and amazed at such tremendous response from you guys !! =)

Based on my experience with all who have met me personally for advise, nearly 80% are clueless on the type of policies they have bought over the years. They have been paying for the many policies with the assumption that it will all pay them in full no matter what their claims are - without understanding the limitations! Many have said that they bought the policies because the agent was their friend, family members etc. Some said they bought the policy based on the branding and marketing claims that its the No.1 insurance company in Malaysia.

Guys, please take note that a Branding of the company is not going to save you from a sinking ship!! What matters most is what is clearly documented in your policy documents...Please do read the terms and conditions clearly. The various medical plans in Malaysia comes with various limitations in comparison. So do not buy the idea that "All medical insurance are the same"

Most of my clients consult me for a review on the different type of policies they have bought over the years. They are utterly shocked beyond words on the type of limitations they are sitting on....Well, at least they made a choice to make time to understand the limitations before its too late....u can still run before the volcano erupts!!!

Please do not just get quotation through email for comparison in premium cost & investment returns but sit down with an experienced agent who can give you in depth understanding on how to choose a medical plan based on your needs, budget and how to avoid costly mistakes. Quotations are technical in nature - therefore many people get confused and are put off by the various terms used. So, some normally either ignore it or buy based on the hype of the marketing campaigns. 

The most important aspect of the claims are what is documented in your policy doc. Its crucial for you to understand the fine prints...You need to know how to avoid costly mistakes before your health changes!

An experienced agent would have done many hospitalisation claims for his/her clients over the years. Through the experience, one can tell what is gonna work for you & what can be the biggest financial cost of your life!! 

If you have a choice to choose:

Company Y pays 90% of your Medical Bills

Company X pays 100% of your Medical Bills

1) Which is a SMARTER choice? 

2) Do you know the difference between In Hospitalisation & Outpatient Treatment? Why is it in a separate column in your Medical Schedule of Benefits?

3) What are the limitations in your policy Vs the Actual Cost of Medical treatment currently?

How do you define Risk? Actuarist are highly trained individuals with such intelligence to determine the risk factor before getting a plan/quote approved by Bank Negara. Many things can be said verbally but always look at the fine prints and the Cost of Insurance chart in the policy documents - thus it helps you make an informed decision wisely!!

Feel free to email me for further advise ( benjamin.naresh@gmail.com)

Please take note - the information shared are mainly to create awareness for policy holders to know your rights when it comes to Claims because it is your hard earned money that goes into premium payments.

So take time to plan wisely before its too late!

Thanking you

Ben