China Taiping i-Protect Term Plan Review

China Taiping i-Protect Term Plan Review
Share on facebook
Share on twitter
Share on linkedin
Share on email

Last Updated on by Tree of Wealth

Term plan insurances are flexible for coverage and premium years, low cost and versatile to include the various rider benefits available. They are also widely used in many scenarios to protect against life and death as well as critical illness.

China Taiping’s i-Protect Term plan aims to do just that, with the various riders it has including critical illness from early to advance stage coverage.

Features At a Glance for China Taiping i-Protect Term Plan

Flexible Policy Coverage Term

Have the option to choose your coverage until 65, 75 as well as 85 years old, or take up the coverage and choose from 11 to 40 years of coverage duration.

Yearly Renewable Term is Guaranteed

With the 5 and 10 year premium term option, they will be yearly renewed automatically and this coverage is until 85 years old, regardless of health condition. However, premiums will be revised based on the age at the end of 5 or 10 years.

Convertibility option

Choose to convert your China Taiping term plan to a life plan should your needs change. This is to cater to our ever changing needs in life as we age over the years. This can be done without any further medical underwriting.

Comprehensive Early Critical Illness

China Taiping has one of the most competitive and comprehensive early critical illness coverage around with a total of 161 covered conditions from early to intermediate to advance stage critical illness, along with the special conditions.

Riders Available

The optional riders add on supplementary coverage to further make the plan comprehensive to cater to your concerns:

EarlyCare Rider

With a total of 161 covered conditions from early to intermediate to advance stage critical illness, along with the special conditions, you can be assured that the EarlyCare rider is certainly one of the more comprehensive critical illness condition rider available in the market.

The critical illnesses across early, intermediate to advance stage cover 149 of them. Additionally, there are 12 special conditions covered:

Special Conditions

Breast Reconstructive Surgery following a Mastectomy

Osteoporosis

Chronic Adrenal Insufficiency

Pheochromocytoma

Chronic Relapsing Pancreatitis

Severe Crohn’s Disease

Dengue Haemorrhagic Fever

Severe Rheumatoid Arthritis

Diabetic Complications

Severe Ulcerative Colitis

Hysterectomy due to Cancer

Wilson’s Disease

Source: China Taiping

AdvancedCare Rider

This rider covers up to 55 advance stage critical illness, beyond the 37 critical illness listed by the LIA (Life Insurance Association). This includes blindness, deafness, burn, kidney failure, heart attack, stroke as well as major cancer.

DisabilityCare Rider

In the event of TPD (Total and Permanent Disability), receive a lump sum payout that can be equivalent to the main sum assured.

How China Taiping i-Protect Term Plan Works

How China Taiping i-Protect Term Plan Works

How China Taiping i-Protect Term Plan Works
source: China Taiping

Premium Comparison

Male (Adult) – Until Age 75

Coverage till Age 75
Death $1,000,000 $1,000,000 $1,000,000
Total Permanent Disability $1,000,000 $1,000,000 $1,000,000
EarlyCare Rider $150,000 $250,000 $350,000
25 Years Old $1,497.50 $1,860.70 $2,223.90
30 Years Old $1,917.80 $2,402.20 $2,886.60
35 Years Old $2,528.55 $3,913.85 $3,859.14

Male (Adult) – 30 Years Coverage

Coverage till 30 years
Death $1,000,000 $1,000,000 $1,000,000
Total Permanent Disability $1,000,000 $1,000,000 $1,000,000
EarlyCare Rider $150,000 $250,000 $350,000
25 Years Old $766.10 $983.70 $1,201.30
30 Years Old $1,122.60 $1,447.40 $1,772.20
35 Years Old $1,710.70 $2,214.70 $2,718.70

Female (Adult) – Until Age 75

Coverage till Age 75
Death $1,000,000 $1,000,000 $1,000,000
Total Permanent Disability $1,000,000 $1,000,000 $1,000,000
EarlyCare Rider $150,000 $250,000 $350,000
25 Years Old $1,415.85 $1,923.65 $2,431.45
30 Years Old $1.779.00 $2,426.40 $3,073.80
35 Years Old $2,286.50 $3,111.00 $3,935.50

Female (Adult) – 30 Years Coverage

Coverage till 30 years
Death $1,000,000 $1,000,000 $1,000,000
Total Permanent Disability $1,000,000 $1,000,000 $1,000,000
EarlyCare Rider $150,000 $250,000 $350,000
25 Years Old $918.50 $1,304.80 $1,691.10
30 Years Old $1,297.25 $1,841.95 $2,386.65
35 Years Old $1,787.85 $2,522.65 $3,257.45

China Taiping’s i-Protect Term Plan is Suitable For:

  • Comprehensive death, tpd and critical illness coverage with competitive premiums
  • Extensive list of critical illnesses from early, intermediate to advance stage including special conditions, with a total of 161 conditions covered.
  • 5 and 10 year renewable term are guaranteed and without medical underwriting
  • Option to change to a whole life plan without medical underwriting to suit changes

Conclusion for China Taiping i-Protect Term Plan Review

We hope this article explained the pros and cons for the China Taiping i-Protect Term plan. Should you have any further inquiries and concerns, feel free to drop us a message below and our partnered licence Advisors will get back to you soonest!

As always with all term life insurance plans, the suitability of this plan for you will largely depend on your needs and expectations. There are many term insurance plans in the market with many strong Insurers. Which one suits you the most?

To find the most suitable coverage, simply fill in the form below and our friendly licensed FA advisor will get in touch with you. Based on your needs, a custom made solution will be adjusted only addressing your concerns.

No obligations, no hidden fees. All advice are of no charges.

Related Articles

Scroll to Top

subscribe now

Get email updates on the latest financial nuggets!

Get the latest insight on the best regular insurance plan in Singapore

Fill in the form and get the downloadable copy for free.