China Taiping i-Secure Legacy II Review

China Taiping i-Secure Legacy II is specially designed to provide you with whole life coverage against Death, Terminal Illness (TI) and Total and Permanent Disability (TPD) while accumulating cash values and bonuses throughout the policy term.

China Taiping i-Secure Legacy II product details

• Life policy – Whole Life Policy
• Choice of Premium Terms
  • You can choose to pay premiums for 5, 10, 15, 20 or 25 years
• Multiplier Coverage
  • You can choose to multiply your base coverage by 2X, 3X, 4X or 5X up to age 76 or 86.
  • Thereafter, the GB will decrease by 10% each policy year for five policy years and will remain at 50% from age 80 or 90 respectively.
• Critical Illness Riders; Cover yourself against up to 161 conditions of all stages
  • AdvancedCare Rider
    • Covers 55 advanced-stage critical illnesses
  • EarlyCare Rider
    • Covers 137 multi-stage critical illnesses as well as 12 special and 12 juvenile conditions
• Premium Waiver Riders
  • Additional riders are available to waive premiums for yourself or your beneficiaries for insurable events
    
    

Read About: Whole Life Policy: How does it work?

In-depth Review: 3 Best Whole Life Plans in Singapore for Insurance Coverages (Updated)

Features of China Taiping i-Secure Legacy II at a glance

Cash and Cash Withdrawal Benefits
Cash value: Yes
Cash withdrawal benefits: No

Health and Insurance Coverage
Death: Yes
Total Permanent Disability: Yes
Terminal Illness: Yes
Critical Illness: No (Yes with riders)
Early Critical Illness: No (Yes with riders)

Health and Insurance Coverage Multiplier 
Death: Yes
Total Permanent Disability: Yes
Terminal Illness: Yes
Critical Illness: Yes
Early Critical Illness: Yes

Optional Add-on Riders
AdvanceCare Rider
EarlyCare Rider
Premium Waiver Rider

Additional Features and Benefits
Yes

For further information and details, refer to China Taiping website. Alternatively, fill up the form below and let us advise accordingly.

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China Taiping i-Secure Legacy II may be suitable if you are looking for

China Taiping i-Secure Legacy II may potentially be a good fit if the following matters to you:

• Higher protection for Death, Total and Permanent Disability, and Terminal Illness coverage at an affordable premium.
• Higher Early Critical Illness, Critical Illness coverage with riders in an Insurance Policy.
• Health and Protection coverage due to a shortfall in your Insurance Portfolio.
• Accumulating cash value in the policy for financial returns in the long-term.
• Paying premiums only for a limited number of years and enjoying coverage for a lifetime.
  
  

Read About: How much insurance coverage do you really need in Singapore

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China Taiping i-Secure Legacy II may not be suitable if you are looking for

China Taiping i-Secure Legacy II may potentially be a bad fit if the following matters to you:

• Liquidity or flexibility of withdrawal in your Insurance policy.
• Access to cash from your policy on a regular basis.
• Insurance policy with a high surrender value in the early years of the policy.
• Potentially higher financial returns compared to a pure investment product.
  
  

In-depth Review: 4 Best Endowment Savings Plans in Singapore (Updated)

In-depth Review: 6 Best Investment Linked Policies in Singapore for Wealth Accumulation (Updated)

Further considerations on China Taiping i-Secure Legacy II

• How are China Taiping or China Taiping i-Secure Legacy II investment returns based on historical performance?
• How does China Taiping i-Secure Legacy II compare with Whole Life Policy from other insurance companies?
• Can China Taiping i-Secure Legacy II fulfill my financial insurance, health, and protection needs?
  
  

The above information may not fully highlight all the product details and features of China Taiping i-Secure Legacy II. Talk to us or seek advice from a financial adviser before making any decision about China Taiping i-Secure Legacy II.

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Is China Taiping i-Secure Legacy II suitable for me?