You can get a free basic health screening and a cancer risk factor assessment this Saturday, 1 August, at the Allianz Health Festival 2026 at APW Bangsar in Kuala Lumpur. The one-day event runs from 9am to 5pm, and admission is free to the public.

Allianz Life Insurance Malaysia Berhad is running the festival under the theme “Discover More Today, Secure What Matters Tomorrow”, and says it is aimed at young working adults, growing families, and people supporting both children and ageing parents. You do not need to be an Allianz policyholder to walk in, but the insurer is asking people to register in advance through its event portal.

Free Screenings And Cancer Risk Assessments

The basic health screening and the cancer risk factor assessment cost you nothing on the day. At a private clinic, you would normally pay for both, and book two separate appointments to get them done.

The rest of the programme is free too. There are health talks from medical experts, sharing sessions from cancer survivors and caregivers, and wellness activities running through the day. You will not be signing up to anything by turning up.

Nearly Half Of Critical Illness Claims Come From Under-40s

The festival follows Allianz Life’s own claims data, which shows that 49% of its critical illness claims were submitted by policyholders aged under 40. The insurer released the figure in a statement on 27 July 2026. Allianz Life counted only its own policyholders, so this does not describe the whole Malaysian population. 

Coverage is far from universal, though. Our RinggitPlus Malaysian Financial Literacy Survey 2024 found that 42% of respondents had no medical insurance of any kind, and another 14% relied only on a company-issued medical card. The most common reason given for going without a medical card was cost.

The 2025 survey found that 22% of policyholders had switched to a cheaper plan, cut their coverage, or cancelled a policy outright in the previous 12 months because premiums had risen. A further 3% said they wanted medical coverage but could not afford it.

Choosing A Medical Card Or Critical Illness Plan

If you do not have a medical card or a critical illness plan, the screening is a good reason to look into both. A medical card pays your hospital bills directly, so you are not finding RM20,000 in cash before admission. A critical illness plan pays you a lump sum on diagnosis, which covers the things a hospital bill does not, such as the months of income you lose while you are not working.

Do not pick a medical card or a critical illness plan based on the biggest payout amount in the advertisement. That is the figure insurers put on the poster, and it tells you very little about what your plan will pay when you claim. Ask for the product disclosure sheet and read it before you sign.

For a medical card, check the annual limit, the lifetime limit, and whether you have to pay part of every bill yourself through a co-insurance or deductible. Check the panel hospital list too, since going outside it usually means paying the full bill upfront and claiming later. For a critical illness plan, check how many conditions are covered, and at which severity stage the payout starts.

Now that you know what to look for, you can compare medical cards and critical illness plans side by side on RinggitPlus.

Follow us on our official WhatsApp channel for the latest money tips and updates.