Anonymous

15 Jan 2021

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I have bought AIA triple care with coverage of 200k and 6k premium annually. My total CI coverage is 4 times of annual income. Should I terminate it and replace with power critical with term plan up to 75?

And with coverage either remain 200k or reduce to 100k?

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Rebecca Qin

15 Jan 2021

Is CI coverage 4times of your annual income enough for you? Can also consider differnet life plans from other company, maybe you will find more suitable one.

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Samuel Don Oh

25 Jun 2020

Hey there!

Power Critical Cover allows for higher number of payouts for different critical illnesses compared to AIA Triple Care and it also covers for a more comprehensive range of conditions too such as pre-early conditions so plan wise, it's definitely better. But the choice to terminate it and go for a reduced coverage will require more in-depth look into your needs to see your budget and life stage etc. You might want to consider consulting an AIA Financial Consultant to explore your options.

Financial planning is an integral part of life. You can reach me here to find out more.

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1. Reduce AIA triple cover coverage, premium fm 6k to 3k (up to 100 yrs old) 2. Replace triple cover with TM Term Assure II, premium 1.7k (up to 75 yrs old) . Which option is better - if 100k coverage?

Is it wise to take up term life (death + TPD + CI with $1mil coverage) with additional early CI plan (total monthly premiums about $100+) to replace a whole life $300k coverage with monthly premium $301?

Hi, I just bought WL with ECI from China TP to replace current AIA plan (same coverage, paid 3 out of 20 yrs). I also bought Aviva Multipay. Thinking to terminate AIA plan fully or the CI part only?

I just entered the workforce and I'm 25 yo. Currently I have a CI term plan with cash value, AIA Triple Critical Cover. Should I drop the plan and go for a cheaper CI term plan with no cash value?

I have a hospitalization plan w rider, term plan for 1M and critical illness plan for 500k coverage for a total of $1.5k premium pa. Do you think this coverage is too much & are the premiums paid ok?