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Anonymous
I already have the plan but I am exploring more possibilities in customizing it
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Elijah Lee
30 May 2020
Senior Financial Services Manager at Phillip Securities (Jurong East)
Hi anon,
Which MyProtector plan do you have?
There have been many over the years - MyProtector - Term Plan, MyProtector - Term Plan II, MyProtector - Legacy, MyProtector - MoneyBack, MyProtector - Decreasing.
Some of the options include reducing the sum assured, getting increased coverage without further medical underwriting when you reach key milestones in life, and
converting your plan without further medical underwriting to a new endowment or whole life plan. These should be the most common ways that you can customize your plan.
You'll have to look at your product summary in order to see which options are available for your particular plan.
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Yes, you can choose the length of your coverage from 10 years up to term 99 age next birthday at eve...
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Yes, you can. You will need to ensure that the terms and conditions are fulfilled. Conversion often comes with conditions and will be listed in your product illustration.