Advertisement

Anonymous

09 Jun 2021

∙

For those with multiple life / term plans with ECI / CI riders, when CI occurs, would you be claiming from all plans or term plan first then life plan later on just in case in future got recurring CI?

But if CI does not occur again, then would that be a loss in $$ in a sense? What thought process should I go through to decide, whether to claim from one or from all?

1

Discussion (1)

What are your thoughts?

Learn how to style your text

Bellez

09 Jun 2021

Depends on your financial situation ba. Eci/Ci payout is for yourself mainly. Your life/term plan will still pay out when you die so it’s more for your dependents.

Reply

Save

Write your thoughts

Related Posts

Would it make sense to have both standalone CI (with multiple claims) and Whole Life plan with ECI as rider?

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?

For a fully accelerated CI/ECI rider on a life plan, would this be considered CI coverage only? Do I then have to get a separate term plan to cover death/TPD/TI?

Would you recommend to get two term life plans from different insurance company? As I notice some term life plan would lapse after claim (not very sure, do correct me if i’m wrong) :)?

Isit advisable to get a whole life plan(CI + ECI) with a low sum assured of $100K and add on term in future for higher coverage?

Related Products

FWD Term Life Plus Insurance

4.7

10 Reviews

FWD Term Life Plus Insurance (Renewable Term)

$1,500,000

MAX SUM ASSURED

5 years

PREMIUM TERM

Death, Terminal Illness

COVERAGE

Tiq DIRECT - Etiqa Term Life Insurance

4.3

3 Reviews

Great Eastern GoGreat Term Life Insurance

5.0

1 Reviews

Related Posts

Would it make sense to have both standalone CI (with multiple claims) and Whole Life plan with ECI as rider?

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?

For a fully accelerated CI/ECI rider on a life plan, would this be considered CI coverage only? Do I then have to get a separate term plan to cover death/TPD/TI?

Would you recommend to get two term life plans from different insurance company? As I notice some term life plan would lapse after claim (not very sure, do correct me if i’m wrong) :)?

Isit advisable to get a whole life plan(CI + ECI) with a low sum assured of $100K and add on term in future for higher coverage?

Advertisement