Recently received a call from telemarketer promoting PB Health Care plan. Perhaps my mandarin is bad but the insurance product she is selling is too good to be true whereby guaranteed in no change of premium until maturity (age 70).

Based on my current age of 31, the telemarketer informed that my monthly premium is as follow
Plan 2 – RM81.36 monthly
Plan 4 – RM146.28 monthly

The Plan

So I did a further check on their Website PB HealthCare but discovered from the PRODUCT DISCLOSURE SHEET that what the telemarketer said is misleading. According to the PDS only Premium of Death Benefits are guaranteed while premium for Lifestyle Disease Benefit and Daily Hospital Income Benefit is NOT guaranteed.

Telephone Conversation between me and telemarketer (Jump to 2.33 for telemarketer saying about guaranteed premium 这个保费不会根据你的年龄在起价)

The NON Guaranteed Premium Clause

Download Product Definition Sheet here
PDS_PB-Health-Care_English