China Life Term Guardian Review

Enjoy affordable term life coverage with China Life Term Guardian for as low as $0.48 per day for coverage of $401,000 against Death, Total and Permanent Disability, and Terminal Illness.

China Life Term Guardian details

• Non-participating policy – Term policy
• Term Insurance Coverage
  • Be covered the full sum assured against Death, Total and Permanent Disability and Terminal Illness
• Guaranteed Level Premiums
  • Enjoy level premiums that remain the same for each 5-year renewal
• 3 Policy Term Options
  • 5-year Renewable Term
    • This option allows for automatic renewal up to age 79
  • 20-year Term
    • Receive term coverage for 20 years, most suited for those having a new child or housing loan
  • Up till age 64
    • Receive term life coverage up till age 64
• Additional Coverage Riders
  • China Life Enhanced Payer Benefit Rider
    • All future premiums are waived in the event of Death,  Total and Permanent Disability, or diagnosis of any of the 36 advanced stage critical illness
  • China Life Payer Benefit Rider
    • All future premiums are waived in the event of Death, Total and Permanent Disability or Terminal Illness
  • China Life Premium Waiver Raider
    • All future premiums are waived in the event of Death, Total and Permanent Disability or diagnosis of any of the 36 critical illnesses of the life insured
      
      

Read More: 5 Best Term Life Insurance in Singapore (Updated)

Read About: 3 things to consider before taking up a new financial product

Features of China Life Term Guardian at a glance

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

Health and Insurance Coverage
Death: Yes
Total Permanent Disability: Yes
Terminal Illness: Yes
Critical Illness: No
Early Critical Illness: No

Health and Insurance Coverage Multiplier
Death: No
Total Permanent Disability: No
Terminal Illness: No
Critical Illness: No
Early Critical Illness: No

Optional Add-on Riders
China Life Enhanced Payer Benefit Rider
China Life Payer Benefit Rider
China Life Premium Waiver Raider

Additional Features and Benefits
Yes.

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

China Life Term Guardian may be suitable if you are looking for

China Life Term Guardian may potentially be a good fit if the following matters to you:

• High Health and Protection coverage
• High insurance coverage for Death, Total and Permanent Disability or Terminal Illness
• Premium waiver riders to waive premiums should the unexpected happen
• Lower initial premium compared to other types of insurance policies
• Looking to boost insurance coverage or fill shortfalls in an insurance portfolio
  
  

China Life Term Guardian may not suitable if you are looking for

China Life Term Guardian may potentially be a bad fit if the following matters to you:

• Long-term cash accumulation
• Regular cash payout
• A one-time premium commitment with no further cash commitment
• Insurance policy with a surrender value.
  
  

Further considerations on China Life Term Guardian

• How is China Life or China Life Term Guardian and claims based on past track records?
• How does China Life Term Guardian compare with Term policies from other insurance companies?
• Can China Life Term Guardian fulfill my financial, insurance, health, and protection needs?
  
  

The above information may not fully highlight all the product details and features of China Life Term Guardian. Talk to us or seek advice from a financial adviser before making any decision about China Life Term Guardian.

Always ensure your long-term financial goals and objectives are aligned with the financial product you are considering taking up.

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Is China Life Term Guardian suitable for me?