AIA Secure Flexi Term Life Insurance

Plans (2)

• Chloe Ng

  Posted 14 Sep 2021

  Purchased

  AIA Secure Flexi Term Life Insurance (Renewable Term)

  Term life insurance, also known as pure life insurance, is a type of life insurance that guarantees payment of a stated death benefit if the covered person dies during a specified term. Once the term expires, the policyholder can either renew it for another term, convert the policy to permanent coverage, or allow the term life insurance policy to terminate. Having said that , getting a convertible term insurance is better and more handy if you were in the scenario where you dont have any coverage but would like to cover yourself at a lower premium pay out first. Convertible option will allow u to change the term to a possible life plan that has saving element as well on top of coverage!

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  Oceanlife

  16 May 2023

  But the extension upon ending the term agreed will in crease the premium. Fee few hundreds percentage

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