Case study
[RM 800 to RM 337] Restructuring Insurance for Value
By Andrew Yap, Senior Partner
👤 Client profile
• Age: 58 years old, female
• Status: Nearing retirement, financially stable
• Concern: Monthly premium was too expensive, considering cancelling insurance
• Status: Nearing retirement, financially stable
• Concern: Monthly premium was too expensive, considering cancelling insurance
📉 The Challenge
The client’s old policy included multiple layers of coverage:
• Annual limit: RM 100,000 (medical card)
• Critical Illness: RM 50,000
• Accident: RM 50,000
• Life/TPD: RM 50,000
• Enhanced TPD: RM 50,000
• Golden Age TPD: RM 10,000
• Waiver of premiums
• Premium: RM 800/month
While the policy seemed comprehensive, the coverage was too spread out and diluted. The medical card annual limit was only RM 100,000, which is insufficient for today’s hospital costs. On top of that, the monthly premium of RM 800 was unsustainable — the client was considering cancelling her policy completely.
• Annual limit: RM 100,000 (medical card)
• Critical Illness: RM 50,000
• Accident: RM 50,000
• Life/TPD: RM 50,000
• Enhanced TPD: RM 50,000
• Golden Age TPD: RM 10,000
• Waiver of premiums
• Premium: RM 800/month
While the policy seemed comprehensive, the coverage was too spread out and diluted. The medical card annual limit was only RM 100,000, which is insufficient for today’s hospital costs. On top of that, the monthly premium of RM 800 was unsustainable — the client was considering cancelling her policy completely.
💡 The Solution
We restructured her insurance to focus on the most critical coverage: medical protection. The new plan provided:
• RM 2 million annual limit (20x increase)
• Lifetime unlimited coverage
• Deductible: RM 5,000 per year
• Premium: RM 337/month (a 58% reduction)
• RM 2 million annual limit (20x increase)
• Lifetime unlimited coverage
• Deductible: RM 5,000 per year
• Premium: RM 337/month (a 58% reduction)
🎯 Key Benefits of the Change
• Affordable Premiums, Sustainable Long-Term
Premium reduced from RM 800/month to RM 337/month.
This allows the client to maintain coverage without financial strain, instead of cancelling.
• Focused on What Matters Most
Old plan had many small add-ons (CI, accident, TPD), but these amounts were too low to make a real impact.
Now, the focus is on a strong medical card with RM 2 million annual coverage.
• Deductible = Smarter Protection
Client can afford RM 5,000 out of pocket during hospitalisation.
Deductible plan has better claim control, keeping premiums more stable over time.
Premium reduced from RM 800/month to RM 337/month.
This allows the client to maintain coverage without financial strain, instead of cancelling.
• Focused on What Matters Most
Old plan had many small add-ons (CI, accident, TPD), but these amounts were too low to make a real impact.
Now, the focus is on a strong medical card with RM 2 million annual coverage.
• Deductible = Smarter Protection
Client can afford RM 5,000 out of pocket during hospitalisation.
Deductible plan has better claim control, keeping premiums more stable over time.
✅ Outcome
The client now has:
• Stronger medical protection (RM 2 million vs RM 100k previously).
• Lower premiums (RM 337 vs RM 800/month).
• Sustainable plan that she can carry into retirement years.
• Peace of mind knowing her insurance is focused and reliable, instead of scattered and weak.
By consolidating her coverage into a deductible medical card, we helped her avoid cancelling insurance altogether — instead, she now enjoys higher protection at a fraction of the cost.
• Stronger medical protection (RM 2 million vs RM 100k previously).
• Lower premiums (RM 337 vs RM 800/month).
• Sustainable plan that she can carry into retirement years.
• Peace of mind knowing her insurance is focused and reliable, instead of scattered and weak.
By consolidating her coverage into a deductible medical card, we helped her avoid cancelling insurance altogether — instead, she now enjoys higher protection at a fraction of the cost.