Term Insurance Comparison
Term Insurance Plans are specifically designed to secure your family’s core financial needs for a set period of time in case of death or Total Permanent Disability (TPD). According to the plan, family/dependents of the life insured is/are eligible for a lump sum amount in case of death, Total Permanent Disability or critical illness, if applied for, of the life insured and during the term of the policy. Such an insurance plan can help your family to have sound financial independence, even if you are not around.
The key features of term insurance plans are:
- Policy Term and Death Benefits: The minimum policy term is 5 years, with the maximum varying from 25 years to whole of life for equated monthly premium payments.
- Entry Age: The minimum age and maximum age limit to be eligible for term insurance plans.
- Additional Optional Benefits: Additional optional benefits such as critical illness and accidental death/ disability or Accelerated Sum Assured, are available for choice.
As Independent Financial Consultants, we provide insurance plans from most of insurance companies. We list several popular term insurance plans from different insurance company for your comparison as below:
- AIA Term Insurance
- NTUC Term Insurance
- AVIVA Term Insurance
- Great Eastern Term Insurance
- Prudential Term Insurance
- HSBC Term Insurance
- Tokio Marine Term Insurance
Have you ensured the security of your family’s future?
While 6 in 10 Singaporeans claim to have a clear idea of how much their dependents will need in the event of their death or disability
Nearly 7 in 10 have prepared 50% or less of the life insurance cover they think is required
The Life Insurance Association of Singapore estimates that the average Singaporean is under-insured by more than S$300,000.
Taking care of your family is your top priority in life.
If you feel difficult to find a trusty and professional financial consultant, or if you need an independent financial consultant for unbiased advice. We can recommend a trusty financial consultant to discuss your insurance needs FREE of Charge, please fill the online form in Contact Us now. Our recommended financial consultant will contact you to make you understand how to choose suitable insurance to meet your needs.