20/04/2020
5 things to know when buying medical insurance now
1. Identify the type of insurance you need. It can be medical card to pay your hospital bills, life insurance as a back up for family and business, accident benefits, retirement needs or saving for short or long term.
2. Understand your existing insurance coverage. Don’t over buy. Can get life planners assistance to review your current plan.
3. Choose a plan that you can afford. Remember that life insurance commitments are not short term and plan your income well for insurance premium. Advisable to keep the monthly premium at 10 -15 % of your income.
4. Get to know your quotation plan well. What is covered and not covered under your policy. Know all the documents and forms need to submit to the insurer.
5. Insurance providers reputation. Ask suggestion and experience from family and friends about their insurance provider. Find out if the insurance company goes extra miles to take care their customers.
AIA BHD, with its Vitality program, AiA customer portal and App to protect and grow their customers health and wealth.
