Hi! Im in my early 30s, have an AIA glow of life policy (with Female CI rider) - paying $181.90 per year for premiums. CI sum assured is $25,000. Am thinking if I should continue with this policy?

Hi anon,

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If you are looking at exploring CI plans, you have to understand that Glow of Life is Age banded: i.e. the premiums will rise with age. Also, the coverage will end after age 60. So you will be left without coverage after that.

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I'd suggest that you can look at other plans, depending on your needs and budget, you can then explore probably a multipay or life plan with CI to cover you.

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It's quite likely that you will require more coverage if Glow of Life is the only CI cover you have. Personally I think you will not have an issue to find a more comprehensive plan to cover CI (along with a higher amount of coverage), but as I don't know anything about your current situation, you may wish to consult an independent financial advisor to understand your options and get advice.

Hi this is a plan with free check up once in 2 years I believe? If it does, I might consider keeping if depending on the case of the checkup im getting for free, so if the checkup is worth more than $360, its worth keeping.

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However as an insurance plan, you can get better priced plans as term life plan pricing has reduced over the years. Plus $25,000 isnt quite much in today's terms, it probably cant even cover 1 year of living expenses should there be a critical illness, so you should 1. review the amount you need, 2 review the plans you can use to cover your needs. This calculator is useful in calculating your needs: https://plannerbee.co/calculator-insurance/ and refer to this link for term plans in the market: https://plannerbee.co/best-term-life-insurance-... . Hope this helps!