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Anonymous
Death/tpd plan
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Discussion (4)
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Elijah Lee
26 Jun 2021
Senior Financial Services Manager at Phillip Securities (Jurong East)
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Yue Peishyan
26 Jun 2021
Financial Consultant at Prudential
Whole life plans usually consist of death and tpd already. Are you looking to increase your coverage?
Term plans would provide a higher coverage at lower premiums. The downside of it is that there is no surrender value should you want to terminate your policy.
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Nigel Tan
23 Jun 2021
Executive Senior Financial Planner at Great Eastern Life
Hi anon, some companies provide a large sum perpetual discount that could potentially make the overa...
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Hi anon,
Unfortunately the cheapest death/TPD term plan will vary, depending on your age, gender, coverage amount, and the duration you wish to cover until.
You may wish to provide more details to get a more detailed answer.