30yr smoker I am thinking to get axa term death 200k 40/mth 100k tpd with supercriticare ci 50k 80/mth. looking at between pru life active and multi flex for death and single claim ci, what’s the diff?

Wow one of the longest sentences I've seen. You might want to check out these links for the cheapest term & CI plans if you are tight on budget:

https://investmentmoats.com/budgeting/insurance...

https://treeofwealth.sg/early-stage-critical-il...

Do reach out to me here if you like to know more. I cover 9 major insurers including Aviva, AXA, NTUC, Manulife etc.

Hi John,

For a good start, it would be good to ascertain what would constitute as ideal coverage for yourself. That would mean adjusting your sum assured to what you would need in relation to your drawn income, after which adjustments based on your budget.

As per the policy name, whole life covers for the entirety of your life, and term policies cover you for a specified term which you will determine during your consultation with your advisor. Unfortunately, due to yourself being a smoker, you are statistically more subceptible to illness. Therefore the premiums which you will pay will be higher than a non-smoker.

PRUActive Life(PAL) and Prulife MultiFlex(PLMF) are both whole life CI policies. The main difference is the CI coverage, PAL covering 56 vs PLMF's 36 CIs. The premiums for PAL are also more affordable compared to PLMF, due to the flexible nature of the policy.

In my opinion, if budget is an issue for you, try to prioritize what is more important to you at this point. If CI coverage is important, just focus on one solution, which might be whole life or term. Following which, when you have more disposable income, you can then do a review to revisit other solutions to insure against CI.

You should definitely have a better indepth discussion with your advisor, to hopefully try and reconcile what you should have and what you can do at this point in time. If you do need assistance, Do contact me, and we can schedule an indepth consultation for yourself.

Hope i was able to address your queries!​​​