Anonymous

16 Apr 2020

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What's the difference between Online Life protection and ePROTECT Lifetime?

Which should I get?

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Colin Lim

16 Apr 2020

Financial Services Consultant at Colin Lim

Online life protection from Tiq mean u can buy insurance online ranging term and whole life.
E protect lifetime is a whole life plan.

The problem thing about getting online is you may not understand how much coverage you need. Alot of advisors said gettinf 10x of your annual income, 5x of your income for critical illness coverage. It should be like this... Coverage is something that is personal to you and should be customise base on your financial and life situation.
Lastly, the premium you pay online is probably the same as having an experience advisor to plan for you.
You can reach out to me for my understand on what I said.
#planwithcolin

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I understand that Elastiq ePROTECT lifetime life insurance offers retirement benefits. What are they and how does it work?

Term life vs whole life? I am in my mid 30s and am considering to get a life insurance. I understand there are 2 different types, term and whole life. Which is it better for me and why?

I am trying to open an online trading account. What is the difference between self-directed online cash trading account and broker-assisted online cash trading account?

Would you recommend to get two term life plans from different insurance company? As I notice some term life plan would lapse after claim (not very sure, do correct me if i’m wrong) :)?

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