facebookHi. Looking for death/tpd plan to complement my whole life plan? What’s the cheapest plan around? - Seedly

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Anonymous

26 Jun 2021

Insurance

Hi. Looking for death/tpd plan to complement my whole life plan? What’s the cheapest plan around?

Death/tpd plan

Discussion (4)

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Elijah Lee

26 Jun 2021

Senior Financial Services Manager at Phillip Securities (Jurong East)

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.

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.

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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