Term Insurance: Late CI, Death & TPD (until 60/65 yrs old) - need recommendation?

Hello, there are many options offered by the different insurers, with each having its unique selling point. Based on your profile, you can try considering Prudential PRUActive Term which is highly customisable. Or consider Tokio Marine Term Assure II or Aviva MyProtector Term Plan II which are more affordable. You can take a look at this article where we listed the top term life plans in Singapore.

You can get personalised quotations for the different term life insurance policies here. ​​​

Hi Alicia,

There are plenty of insurers that offer term plans with late CI, death and TPD coverage.

The question now is: how much coverage will you need? Depending on the coverage amount required, especially on the CI portion, your premiums will vary.

As an example, if you are looking for $1million death/TPD cover and $200K late stage CI payout, till age 65, premiums can range from $1160/yr to $1241/yr to $1624/yr depending on the insurer you go with. (I ran 3 quick quotes, but this is not indicative of your situation. It does give you some idea as to how much premiums can vary). So for a plan till age 60, it will be cheaper than this

Since the definition of death is standardized, TPD has very little difference depending on the insurer, and late stage CI is more or less standard as well, going with the cheapest insurer would save you almost $400-$500/yr, and over 30 years, that's almost $12K - $15K savings. An independent financial advisor will be able to provide you with the information you need to decide which insurer to go with.