Last Updated on by Tree of Wealth
No fancy name, just a straightforward name representing a straightforward plan. One of the most competitive premium term insurance in the market today, SingLife’s Term insurance is not to be missed if you are looking for a simple death, TPD (Total Permanent Disability) and Critical Illness coverage (advance stage only) be it for life protection or even mortgage reducing term plan coverage.
Product Features and Benefits at a Glance
- Maximum S$2 million coverage
- Singlife Term Life Worldwide Cover Option
- Worldwide cover – stay covered wherever life takes you
- Auto Renew
- Access your policies anytime online
- Enhance coverage with Critical Illness (CI) and Disability riders
- Easy Option For Increasing Sum assured for Term Life, when you need it most
Supplementary Benefit Coverage
Critical Illness Advance Rider
In the event of critical illness of the advance stage (for example major cancers, stroke, and heart attack), a lump sum payout will be paid.
Total Permanent Disability Rider
Totally permanently disabled due to critical illness, injury or accident and unable to perform 3/6 ADLs (Activities of Daily Living) or loss of 2 limbs, this benefit will payout in one lump sum to you/family members.
What We Don’t Like About The Plan
No early CI riders (have to get a standalone CI plan from Singlife for that aspect)
Conclusion For SingLife Term Insurance Product Information
As 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.