Let down by insurance company


AFTER reading the letter “Utmost good faith principle fall on wayside” (The Star, May 5), I was compelled to write about my own experience with my former insurance company.

I signed up for a health policy with a monthly contribution of RM100 (the highest plan) in February 2008. The monthly contribution was deducted from my salary until I retired about seven years ago.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

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Insurance industry

   

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