Anonymous

23 Dec 2021

∙

27M Non-Smoker -Term Life Plan (Death+TPD) coverage till 65 yrs 500k. -Late and Early Stage CI till 65 yrs 250k each. -Hospital ISP for ward A with added on rider. Premium paid $1.5k pa. Is this ok?

8

Discussion (8)

What are your thoughts?

Learn how to style your text

JAZZ

02 Sep 2022

24, female, MOE teacher (1st year) planning to get a whole life insurance as I only have Prudential hospitalisation policy (private). Shd I get group or personal insurance? What will the premium be for both? Apprecitate your guidance.

Reply

Save

Yong

23 Dec 2021

Hi, I would like to ask a few questions for your plans:

Hospital plan: Why didn't you go for private?
Term plan: Why are you covering until 65 years old? Why not longer coverage?

If you're asking about the plans you have, I would say you've done the basic coverage. However, if you're asking in details whether are these enough for you, it would be unfair to advise you based on the plans.

Because the proper financial planning is based on understanding your situation and needs, then we will relook into the plans. With that I'm able to advise you accordingly.

If you would like to discuss it in detail, I would love to connect with you!
https://www.instagram.com/thefinancialrab/
linktr.ee/thefinancialrab

Reply

Save

View 6 replies

Write your thoughts

Related Posts

I have a hospitalization plan w rider, term plan for 1M and critical illness plan for 500k coverage for a total of $1.5k premium pa. Do you think this coverage is too much & are the premiums paid ok?

33 ANB, male, non smoker, healthy, 4.5K take home pay. Only have prudential shield plan. Looking at ECI/CI+ TPD+ Death whole life or term plan coverage till 70/75. Looking at Either Aviva or Manulife.?

Is it wise to take up term life (death + TPD + CI with $1mil coverage) with additional early CI plan (total monthly premiums about $100+) to replace a whole life $300k coverage with monthly premium $301?

I've AIA essential max (no rider). Was told that I can switch AIA to Pru (with rider). If no pre-existing conditions, ok to chg & coverage will nt affected? true? Considering Term (ECI + CI): 250K SA, till age 65.. Premium range?

33 ANB Male non smoker. Looking for some CI coverage as I have none. Is it advisable to take whole life plan with ECI rider and CI rider without multiplier, and combine with Mindef Aviva Term plan?

Related Posts

I have a hospitalization plan w rider, term plan for 1M and critical illness plan for 500k coverage for a total of $1.5k premium pa. Do you think this coverage is too much & are the premiums paid ok?

33 ANB, male, non smoker, healthy, 4.5K take home pay. Only have prudential shield plan. Looking at ECI/CI+ TPD+ Death whole life or term plan coverage till 70/75. Looking at Either Aviva or Manulife.?

Is it wise to take up term life (death + TPD + CI with $1mil coverage) with additional early CI plan (total monthly premiums about $100+) to replace a whole life $300k coverage with monthly premium $301?

I've AIA essential max (no rider). Was told that I can switch AIA to Pru (with rider). If no pre-existing conditions, ok to chg & coverage will nt affected? true? Considering Term (ECI + CI): 250K SA, till age 65.. Premium range?

33 ANB Male non smoker. Looking for some CI coverage as I have none. Is it advisable to take whole life plan with ECI rider and CI rider without multiplier, and combine with Mindef Aviva Term plan?