facebookIf you have a life insurance, do you wait to redeem it and get term insurance and invest the difference. Is it wiser? - Seedly

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Anonymous

18 Apr 2019

Insurance

If you have a life insurance, do you wait to redeem it and get term insurance and invest the difference. Is it wiser?

Discussion (4)

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The wisest time to redeem a life insurance is at the expiry of your life

Brandan Chen

30 Jul 2018

Financial Planner at Manulife Singapore

It really depends on the life insurance policy that you currently hold and your current age group. Shed more light on those information and I believe that we would be able to assist you further in your questions

Cherie Julianne Tan

20 Jul 2018

Marketing at MoneyOwl

Some ways you can compare to see if it's worth keeping it

  • How long do you have to pay for it?

If...

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