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Best Term Insurance Plan(Do Not Solicit for Pm)

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Old 13-09-2017, 09:50 AM   #3106
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Thanks for pointing out the terminology error, basically I mean to have integrated shield plan for full medical coverage. Understand there are two plans, but we always used the term "upgrade" to illustrate the act of buying ISP in addition to the MSP.

The dollar&sense article also written as upgrade MSP to ISP.
could term it as add-on since both are essentially different things

https://www.moh.gov.sg/content/moh_w...eld-plan-.html
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Old 13-09-2017, 06:05 PM   #3107
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Hi, thanks for the advice. I used the LIA protection gaps calculation and it was estimated that 300k++ protection is needed. However, I'm not sure whether I do required the same amount of CI or not. I would upgrade my medishield life to integrated medical plan to cover hospitalization plan.
That only calculates your Death coverage needs.
TPD and CI uses a different set of calculations.
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Old 14-09-2017, 01:13 AM   #3108
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Whether the term plan is enough for you depends on a few factors (read previous posts in thread).

But adding a Whole life plan for the sole purpose of covering CI is just a straight forward bad idea.
I agree with him.
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Old 14-09-2017, 01:16 AM   #3109
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I agree with him.
Stop spamming ur posts around the forum bro.
None of them holds any value. This isn't a place for salesmen.
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Old 14-09-2017, 07:14 PM   #3110
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i currently have AIA's
- triple critical cover (critical illness)
- solitaire personal accident
- secure term plus (ii) (tpd/death)
- disability cover (income protection)
- healthshield gold max A + rider (hospital)

im 30 this year non smoker, not working in hazardous environment job

yes i know, all AIA...

i have a prudential friend trying to get me to jump to prudential's hospitalisation, prulife multiplier flex, prupersonal accident and add the pruwealth...

i alrdy outright rejected the pruwealth from the 1st meet up...

is there any above worth replacing with prudential, or simply jus cut it off?

dont pm me pls!
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Old 14-09-2017, 07:59 PM   #3111
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i currently have AIA's
- triple critical cover (critical illness)
- solitaire personal accident
- secure term plus (ii) (tpd/death)
- disability cover (income protection)
- healthshield gold max A + rider (hospital)

im 30 this year non smoker, not working in hazardous environment job

yes i know, all AIA...

i have a prudential friend trying to get me to jump to prudential's hospitalisation, prulife multiplier flex, prupersonal accident and add the pruwealth...

i alrdy outright rejected the pruwealth from the 1st meet up...

is there any above worth replacing with prudential, or simply jus cut it off?

dont pm me pls!
good friend you have
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Old 14-09-2017, 11:19 PM   #3112
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I think we are different IFA, many IFA around in SG.

H&S plan, get 100% coverage will be the best, either in private or restructured hospitals, so you don't have to worry about deductibles and co-insurance.

Term plans has many ways to determine, most simple is to be more than your housing loan so your house will immediately be fully paid if anything happens. You can also use your expenses/ annual salary to calculate mathematically, I can help you with more information provided rather than use the norm recommendation.
Hi mSnooze
Just have a talk with my AIA consultant or FA whatever they are called.
Im totally right im under insured thus need the term policy to cover dependents.
Seems that AIA term is rather ex (~3.6k for 500k death/TPD/CI) as compare to AXA/Aviva. So looking at monthly expenditure x no. years to be cover eg. 20 -25 years so it come up to 500K-600k. Understand CI contribute to huge chunk of the premium.
For H&S looking for my 2yr old daughter as yet to add on any insurance except the Medishield Life
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Old 15-09-2017, 01:42 AM   #3113
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i currently have AIA's
- triple critical cover (critical illness)
- solitaire personal accident
- secure term plus (ii) (tpd/death)
- disability cover (income protection)
- healthshield gold max A + rider (hospital)

im 30 this year non smoker, not working in hazardous environment job

yes i know, all AIA...

i have a prudential friend trying to get me to jump to prudential's hospitalisation, prulife multiplier flex, prupersonal accident and add the pruwealth...

i alrdy outright rejected the pruwealth from the 1st meet up...

is there any above worth replacing with prudential, or simply jus cut it off?

dont pm me pls!
Pru and AIA are 2 insurers that are least competitive. If u want to replace, look elsewhere.
Healthshield Gold Max A on the other hand is good, just downgrade to A Saver rider (u're prolly on A rider now).
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Old 15-09-2017, 08:45 AM   #3114
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Pru and AIA are 2 insurers that are least competitive. If u want to replace, look elsewhere.
Healthshield Gold Max A on the other hand is good, just downgrade to A Saver rider (u're prolly on A rider now).
ok understand

but in terms of types of coverage, am i more or less there (with my current profile) or there are unnecessary ones (in my current profile) that i shld not bother with?
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Old 15-09-2017, 09:00 AM   #3115
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ok understand

but in terms of types of coverage, am i more or less there (with my current profile) or there are unnecessary ones (in my current profile) that i shld not bother with?
Can't tell without knowing your sum assured and what you "want" and "need" to insure against bro... you might have a $10k sum assured for TCC or a $100k instead, but both are meaningless because the former is undercovered and the latter is over covered, generally speaking.
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Old 15-09-2017, 12:34 PM   #3116
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ok understand

but in terms of types of coverage, am i more or less there (with my current profile) or there are unnecessary ones (in my current profile) that i shld not bother with?
what is all your current coverage right now for all the stated plans ?
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Old 15-09-2017, 05:02 PM   #3117
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Can't tell without knowing your sum assured and what you "want" and "need" to insure against bro... you might have a $10k sum assured for TCC or a $100k instead, but both are meaningless because the former is undercovered and the latter is over covered, generally speaking.
what is all your current coverage right now for all the stated plans ?
- triple critical cover (critical illness) 100k, paying 1651
- solitaire personal accident 100k, paying 177
- secure term plus (ii) (tpd/death) 200k, paying 338
- disability cover (income protection) % of my fresh grad mthly income, now alrdy 5th year working, paying 488
- healthshield gold max A + essential A rider (hospital) paying 291 medisave, 396 cash but i think this figure was before medishield life came into play so it shld be about 400 medisave and 500 cash

all payment figures are based on annual payment

oh by the way im 30 this year so some of my premiums may jump to the next tier soon

Last edited by mata_hippo; 15-09-2017 at 05:12 PM..
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Old 15-09-2017, 05:08 PM   #3118
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Pru and AIA are 2 insurers that are least competitive. If u want to replace, look elsewhere.
Healthshield Gold Max A on the other hand is good, just downgrade to A Saver rider (u're prolly on A rider now).
can explain y the essential A rider is not as value for $ compared to saver A?
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Old 15-09-2017, 05:15 PM   #3119
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- triple critical cover (critical illness) 100k, paying 1651
- solitaire personal accident 100k, paying 177
- secure term plus (ii) (tpd/death) 200k, paying 338
- disability cover (income protection) % of my fresh grad mthly income, now alrdy 5th year working, paying 488
- healthshield gold max A + essential A rider (hospital) paying 291 medisave, 396 cash but i think this figure was before medishield life came into play so it shld be about 400 medisave and 500 cash

all payment figures are based on annual payment

oh by the way im 30 this year so some of my premiums may jump to the next tier soon
3.1k per yr for insurance

lmao
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Old 15-09-2017, 05:40 PM   #3120
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Donch riddat reh i paying 4.5k

But thn i see sum of e ppl here say medishield life enough, go govt enough, no need get rider i aso lmao.

Moi term shld be can cheaper though. Currently on AIA term plan.

3.1k per yr for insurance

lmao
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