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Anonymous

02 Aug 2020

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Should I get term life insurance till 65, 75 or 100 years old?

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Discussion (3)

What are your thoughts?

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Samuel Don Oh

02 Aug 2020

Hey there!

It really depends on your needs and life stage and purpose. Of course, some term plans offer options for you to be covered for a certain period eg. 20 years etc eg. AIA Flexi Secure Term.

You need to find out what is your budget and how long do you want to be covered for.
Financial planning is an integral part of life. You can reach me here to find out more.

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Pang Zhe Liang

02 Aug 2020

Fee-Based Financial Advisory Manager at Financial Alliance Pte Ltd (IFA Firm)

It depends on your needs. There is no way we can give a proper answer for a vague question.

For this purpose, you may wish to spend quality time to understand your needs. Thereafter, we can determine whether it is sufficient to insure till age 65, or whether we need coverage beyond this period.

I share quality content on estate planning and financial planning here.

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Brandon Lim

02 Aug 2020

Depends on why you need the life insurance for. If it is for your liabilities and dependents, then m...

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