facebookHi, im now 20 years old, waiting to enlist. I am considering aviva term life (500k) + multipay CI (150k) till 65 years old, cost $1250. Do you think is worth it or necessary for my age? Any suggestion? - Seedly

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          Anonymous

          20 Aug 2020

          Retirement

          Hi, im now 20 years old, waiting to enlist. I am considering aviva term life (500k) + multipay CI (150k) till 65 years old, cost $1250. Do you think is worth it or necessary for my age? Any suggestion?

          3

              Discussion (3)

              What are your thoughts?

              Hey there!

              You will have to find a way to fund The plan after you ORD. It's great that you're getting it now but my advice is to hold it unless you have a sure way of financing it. The worst thing is to get it and let the policy lapse due to cash flow issues after you ORD.

              Financial planning is an integral part of life. You can reach me here to find out more.

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                  Duane Cheng

                  Duane Cheng

                  20 Aug 2020

                  Level 9·Financial Consultant at Prudential Assurance Company Singapore

                  Hi there,

                  If you are currently not employed, and do not have the means to fund this policies. You might be better off just staying on the SAF's group insurance policy, and build your financial foundations first.

                  I am still holding on to my group insurance policy, and its one of the most cost effective solutions.

                  Hope i was able to shed some insight!

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                      Hariz Arthur Maloy

                      Hariz Arthur Maloy

                      20 Aug 2020

                      Level 15·Independent Financial Advisor at Promiseland Independent

                      Hi Anon, I gotta know how you're planning on financing this policy during your enlistment.

                      You can ...

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