Term Life Plans
What are Term Life Insurance?
Term life insurance acts like a financial safety net. It’s a life insurance policy valid for a specified period, or “term.” If you passed away during that term, a death benefit is paid to your beneficiaries. However, if you outlive the policy, there’s no payout.
Term Life insurance is typically more cost-effective than whole life insurance, it is an excellent option for those that require coverage, yet facing budget issues for financial planning.
Why Term Life Insurance?
As life situations evolve, you might find yourself needing more coverage due to new financial responsibilities for you or your dependents.
While term plans aren’t typically intended for lifelong protection, they can still be an important part of your financial strategy, helping to offset
income loss caused by unexpected life events.
A Term Life Insurance is usually flexible, allowing you to choose your coverage amount and coverage period. Riders can also be added to provide coverage for Critical Illness or Waiver of Premiums.
You can also cancel your coverage at any time without incurring any penalties if it’s no longer needed.
For a limited time only, get up to 47% perpetual discount off your Term Lime Insurance today! Leave your contact details via the form below or Whatsapp us to find out more!
Compare Plans
Policy Term: 5 and 10 Years for Renewable Term or 11 to 85 years or Till Age 99
Promotion: 30% Perpetual Discount
Unique Features: Competitive Premiums, Great subsitutue for Mortgage Insurance
Policy Term: 5-30 Years for Renewable Term or till Age 50, 55, 60, 65, 70, 75, 85 or 100
Promotion: 35% Perpetual Discount
Unique Features: Competitive Premiums, Limited Premium Payment Term Avaliable
Policy Term: 10 Years for Renewable Term or till Age 100
Promotion: Up to 35% Perpetual Discount
Unique Features: Critical Illness Rider covers Future Unknown Disease
Policy Term: 5 Years for Renewable Term or 01 - 86 years, to Age 99
Promotion: Up to 47% Perpetual Discount
Unique Features: Competitive Premiums for Coverage below $1 Million
Policy Term: 10 to 40 Years, in Multiples of 5 Years or Till Age 64, 74, 84 or 100
Promotion: Up to 30% Cashback on 1st Year Premium
Unique Features: Hospital Cash Benefit as Rider
Policy Term: Till Age 65 or 99
Promotion: Up to 20% off 1st Year Premium
Unique Features: Longevity Benefit of 100% Sum Assured upon Age 99
Policy Term: 5, 10 Years for Renewable Term or 11 to 40 Years or Till Age 65, 75 or 85
Promotion: 25% off 1st Year Premium
Unique Features: N.A.
Policy Term: 5, 10 Years for Renewable Term or 11 Years up to Age 85
Promotion: N.A.
Unique Features: Covers failure to perform 1 Activity of Living via a Rider
Policy Term: 5 to 35 Years, in Multiples of 5 Years or Till Age 54, 64 or 74
Promotion: N.A.
Unique Features: Hospital Cash Benefit as Rider
Policy Term: 5 and 10 Years for Renewable Term or 11 to 40 years or Till Age 65, 75 or 85
Promotion: 8% Perpetual Discount
Unique Features: Quit Smoking Incentive
Policy Term: 5, 20 Years or Till Age 64
Promotion: N.A.
Unique Features: Covers Mental Well-Being Conditions
Sample Premiums
30 Years Old, Non-Smoker
$1 Million Death and Disablity Coverage till Age 65
Insurer | Male Annual Premium | Female Annual Premium |
---|---|---|
Singlie Elite Term II | $514.10 | $405.95 |
HSBC Life Term Protector | $703.30 | $513.50 |
FWD Future First | $553.00 | $494.27 |
Etiqa Essential Term Life Cover | $687.90 | $529.80 |
China Taiping iProtect | $690.60 | $520.55 |
ManuProtect Term (II) | $839.00 | $600.00 |
NTUC Income Termlife Solitaire | $579.20 | $493.85 | China Life Term Guardian | $1,120.00 | $760.00 | TM Term Assure II | $708.00 | $522.00 |
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