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Anonymous
Hi, need advise here. I am wondering if I can increase the coverage? for example, I am subscribing now for additional SGD 1,000 coverage. 10 years later, I am decided to increase it to SGD 1,500 additional coverage. Will that be possible? Will the premium adjusted from the age at the point revision of the coverage? Thank you.
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Jun Xi
28 Apr 2021
Financial Advisor at Great Eastern Life
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Hi,
Increase of monthly benefit can only be done during the first year of the policy. After which, you would have to apply for a new plan to replace the current plan based on the new monthly benefit. The premium will be adjusted based on your age at that point in time.
Cheers.