cookieemonsterr
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Out of curiosity, is TM the only one giving term policies covering up to 85 years old?
Out of curiosity, is TM the only one giving term policies covering up to 85 years old?
actually, I think term insurance can just cover till 85 years old. If I really outlive my insurance policies, then I hope my investment can last me till I die or hope my children will be filial. lol.
lol. same sentiments. 65-75 seems risky. I thnk 85 seems safe. 99 abit farfetched and premiums probably alot..
hi all
which plan provide the best coverage if my budget is ~$150?
is there any plan that cover whole family as in me and my parents?
Mortality rate for guys is abt 78 to 80? So i guess 85 is quite safe. I do have clients that prefer to buy term till 90 just to be safe. It also depends on your family history as well. Afterall the difference in the premium for 85 and 90 isn't a lot.
actually, I think term insurance can just cover till 85 years old. If I really outlive my insurance policies, then I hope my investment can last me till I die or hope my children will be filial. lol.
lol. same sentiments. 65-75 seems risky. I thnk 85 seems safe. 99 abit farfetched and premiums probably alot..
Buy until more than 65 years old is ridiculous if you guys still don't realise it. You are suppose to save and invest for retirement, not depend on insurance handout. Term insurance is supposed to protect your dependents until you have accumulate enough money for retirement. If you plan for 500k for retirement savings for both you and your spouse and you pass away at 65 years before you have a chance to use the retirement savings then your spouse will have 500k to herself so why would you need another 500k term insurance? Unless you intend to depend on the term insurance payout as retirement savings for your spouse which is crazy.
IMO, after your kids reach 25 years old, you do not need term insurance as your dependents will be reduced significantly.
Actually after much consideration, I also feel the same way. But 65 is abit too early. If the premium difference is not much between 65 and 75, then I rather have 75 because it gives me the option to cut anytime before that. My concern is not death but more TPD and CI in old age. I will have savings without doubt but I would have a greater peace of mind knowing I have insurance to buffer expenses at that age
I was considering getting term coverage of $1 million for both myself and my wife.
So naturally I looked at Aviva SAF Group Term :
http://www.aviva.com.sg/pdf/SAF_GTL_Product_Summary.pdf
I mean where to find :
1. Fixed premium throughout
2. Premium the same at ANY age entry
3. Up to 65yrs old
Was almost want to sign up liao, then I found this :
Page 5 paragraph 1 :
GROUP RISK LIMITATIONS
• In the event of claims arising from any number of insured persons in a single conveyance, Aviva’s maximum aggregate liability shall be limited to S$10 million for each land conveyance, S$18 million for each sea conveyance and S$20 million for each air conveyance. If the claims are a result of Acts of Terrorism and/or War Risk; such claims shall be further subject to the limits of this special coverage.
• In the event of claims arising from any number of insured persons as result of Acts of Terrorism, Aviva’s maximum liability shall be limited to 0.5% of the aggregate insured sum of the whole group policy.
• In the event of War, including UN Peacekeeping/Humanitarian Missions and Acts of Terrorism arising thereof, resulting in claims from any number of insured persons, Aviva’s maximum liability shall be limited to 0.25% of the aggregate insured sum of the whole group policy.
Can anybody confirm what it means above?
Hi all
I am newbie with insurance plan
I dont have any insurance now
Aia agent quote me
1. 32yrs, M
2. 33yrs, F
3. 6yrs, F
4. 3mths, M
All non smokers
With AIA first family protect with sgd 3000 annualy/person till 15 years
Is it good ? Please advise!
Thanks
Hi all
I am newbie with insurance plan
I dont have any insurance now
Aia agent quote me
1. 32yrs, M
2. 33yrs, F
3. 6yrs, F
4. 3mths, M
All non smokers
With AIA first family protect with sgd 3000 annualy/person till 15 years
Is it good ? Please advise!
Thanks
Hi all
I am newbie with insurance plan
I dont have any insurance now
Aia agent quote me
1. 32yrs, M
2. 33yrs, F
3. 6yrs, F
4. 3mths, M
All non smokers
With AIA first family protect with sgd 3000 annualy/person till 15 years
Is it good ? Please advise!
Thanks