Comments on: Heart Attack for 30 Days - A Critical Look at Citibank’s Free Critical Illness Takaful Coverage Guard Saving Account-i http://smartconsumerbanking.com/2007/10/07/heart-attack-for-30-days-a-critical-look-at-citibank%e2%80%99s-free-critical-illness-takaful-coverage-guard-saving-account-i/ Consumer Guide on Banking & Financial Products , and tips on love, money and happiness For Fellow Malaysian Thu, 20 Nov 2008 21:55:50 +0000 http://wordpress.org/?v=2.6.1 By: ck10 http://smartconsumerbanking.com/2007/10/07/heart-attack-for-30-days-a-critical-look-at-citibank%e2%80%99s-free-critical-illness-takaful-coverage-guard-saving-account-i/#comment-277 ck10 Wed, 26 Dec 2007 02:17:42 +0000 http://smartconsumerbanking.com/2007/10/07/heart-attack-for-30-days-a-critical-look-at-citibank%e2%80%99s-free-critical-illness-takaful-coverage-guard-saving-account-i/#comment-277 It's always wiser for consumers to understand the facts and features of a product before buying it from someone you don't know. Most of the credit card linked insurance products are sold by telemarketeers who only think about closing the deal and information given by them is mostly verbal. Can anyone guarantees the promises made on the phone? Even though the conversation maybe recorded, do you think you are protected from non-existence coverage? Insurance does not cheat people, but irresponsible people does. Know what you is your coverage, know your agent and please find out in what circumstances can you claim. By doing this, you will find out how insurance can assist you in your darkest hours. Happy New Year everybody. It’s always wiser for consumers to understand the facts and features of a product before buying it from someone you don’t know. Most of the credit card linked insurance products are sold by telemarketeers who only think about closing the deal and information given by them is mostly verbal. Can anyone guarantees the promises made on the phone? Even though the conversation maybe recorded, do you think you are protected from non-existence coverage?

Insurance does not cheat people, but irresponsible people does. Know what you is your coverage, know your agent and please find out in what circumstances can you claim. By doing this, you will find out how insurance can assist you in your darkest hours.

Happy New Year everybody.

]]> By: CKgo http://smartconsumerbanking.com/2007/10/07/heart-attack-for-30-days-a-critical-look-at-citibank%e2%80%99s-free-critical-illness-takaful-coverage-guard-saving-account-i/#comment-260 CKgo Fri, 14 Dec 2007 11:32:48 +0000 http://smartconsumerbanking.com/2007/10/07/heart-attack-for-30-days-a-critical-look-at-citibank%e2%80%99s-free-critical-illness-takaful-coverage-guard-saving-account-i/#comment-260 AS far as i know the product 36 CI is governed by bank negara. for pre-existing illness, yes it is a requirement due to obvious reason, you can't acquire it after u got the illness. there is a form to fill up when you are taking up 36 CI cover, you will have to disclose your full medical history.failure to disclose means that your cover will void immediately. i believe the 36CI cover is provided under fair condition and it is up to the agent to explain to client. in this case, agent is citibank and i don't think they are qualified insurance people. And people who obtain this product solely for the sake of 36CI is courting for trouble. Old Saying "Insurance always cheat people" but has anyone really understand a product before buying? or has the agent do their job? Anyway 36CI cover is not as bad or as cheating as it sound. It is good and cheap if you buy it at young age and when you are healthy. I personally see my relative received a lump sum payment of 300k after he is being diagnosed with cancer. with the 300k in hand he opt for treatment in singapore under good doctor and he is on recovering now. AS far as i know the product 36 CI is governed by bank negara. for pre-existing illness, yes it is a requirement due to obvious reason, you can’t acquire it after u got the illness.

there is a form to fill up when you are taking up 36 CI cover, you will have to disclose your full medical history.failure to disclose means that your cover will void immediately.

i believe the 36CI cover is provided under fair condition and it is up to the agent to explain to client. in this case, agent is citibank and i don’t think they are qualified insurance people.

And people who obtain this product solely for the sake of 36CI is courting for trouble.

Old Saying “Insurance always cheat people” but has anyone really understand a product before buying? or has the agent do their job?

Anyway 36CI cover is not as bad or as cheating as it sound. It is good and cheap if you buy it at young age and when you are healthy.

I personally see my relative received a lump sum payment of 300k after he is being diagnosed with cancer. with the 300k in hand he opt for treatment in singapore under good doctor and he is on recovering now.

]]> By: KH http://smartconsumerbanking.com/2007/10/07/heart-attack-for-30-days-a-critical-look-at-citibank%e2%80%99s-free-critical-illness-takaful-coverage-guard-saving-account-i/#comment-245 KH Fri, 02 Nov 2007 10:14:27 +0000 http://smartconsumerbanking.com/2007/10/07/heart-attack-for-30-days-a-critical-look-at-citibank%e2%80%99s-free-critical-illness-takaful-coverage-guard-saving-account-i/#comment-245 In other words, it'll be fishy if the bank offers a more-than-ordinary package? LOL. True, true. In other words, it’ll be fishy if the bank offers a more-than-ordinary package? LOL. True, true.

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