Term Life Insurance
Asked 2w ago
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.
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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.
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Depends on why you need the life insurance for. If it is for your liabilities and dependents, then maybe 65 might be a good age. After all, by 65 years old, your children may no longer depend on your income and you likely have paid off all your loans or other forms of liabilities.