u/akaun-pakai-buang

Should I take AIA for medical insurance? I have this perception that AIA is the most expensive, but I like the Vitality program

I recently changed job, got a significant pay raise and promotion, but also I lost medical coverage.

I'm quite old, married, we have a few kids. We have always been relying on medical coverage by my employer, and never had medical insurance. Yeah, I know. Hey, better late than never.

Anyway I was hoping I don't have to deal with agents, but not many show the monthly premium. Kaotim does, so now this is my benchmark (given the same annual and lifetime limit).

I like the Vitality thing. I know AIA is not some noble altruistic company, they want to reduce risks. But I don't mind being tricked into being healthy so that my insurer's risk is lower. But is it significantly more expensive than say Kaotim? Also, their medical insurance is rather complicated, I need to pair it with other products is it?

(Added point: My kid is disabled. I heard insurance in Malaysia is allowed to discriminate, basically refuse coverage to disabled people, is this true? Should I not disclose? Or if I choose to disclose, which insurance does not discriminate?)

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u/akaun-pakai-buang — 2 days ago

I just sold my house, what do I do with this money before I buy a new house?

(Anyway my former house depreciated by 10% 🥲)

Anyway now I have about 300k and plan to put this down as down payment for my new house (which I'm still browsing and plan to decide by end of the year)

What do I do with this money? My thoughts are StashAway or Versa, but I've also been thinking of S&P500 or NASDAQ100. Is that too risky for 6 months?

Also, should I keep a portion of the money in case I have job gaps (few months of unemployment between my employment contract expiry and re-employed elsewhere)?

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u/akaun-pakai-buang — 1 month ago