Hi like to request quotes for
ANB 33 / M / Non Smoker
Iife Insurance
1) Base $62,500 x 2 Multiplier until age 70 for death/TPD
ECI $62,500 x 2
payable 25 years
2) Base $40,000 x 5 Multiplier until age 70 for death/TPD
ECI $25,000 x 5, CI $25,000 x 5
payable 25 years
Thanks!
Thanks for the quick response! Can I ask for 20k each for the second one?Hello, this would be whole life plan correct? Because term plan does not have multiplier! Will quote you accordingly
For your second quotation, it would not be possible as both base for ECI and CI exceeds the base for death. Unless you are looking for 20k each!
1) Base $62,500 x 2 Multiplier until age 70 for death/TPD
ECI $62,500 x 2
payable 25 years
Company A - $2169.45/annually
Company M - $2145.83/annually
No worries!Thanks for the quick response! Can I ask for 20k each for the second one?
I can provide you with some quotes for GE’s life policy. Just note that the premium term is only fixed at 20 years or till 65.Hi like to request quotes for
ANB 33 / M / Non Smoker
Iife Insurance
1) Base $62,500 x 2 Multiplier until age 70 for death/TPD
ECI $62,500 x 2
payable 25 years
2) Base $40,000 x 5 Multiplier until age 70 for death/TPD
ECI $25,000 x 5, CI $25,000 x 5
payable 25 years
Thanks!
For 2nd quote will suggest u to go for base 50k as eci + ci cannot exceed death/tpd and with 50k base, it will be slightly more only as there is an large sum discount pricing.Hi like to request quotes for
ANB 33 / M / Non Smoker
Iife Insurance
1) Base $62,500 x 2 Multiplier until age 70 for death/TPD
ECI $62,500 x 2
payable 25 years
2) Base $40,000 x 5 Multiplier until age 70 for death/TPD
ECI $25,000 x 5, CI $25,000 x 5
payable 25 years
Thanks!
Hi. For GE's whole life, base amount needs to be in multiples of $5k so I'll base it on $60k (Base) + $65k (Booster). Premium of $2,364.80/yr is based on 20 year premium term so total premiums paid is $47,296.Hi like to request quotes for
ANB 33 / M / Non Smoker
Iife Insurance
1) Base $62,500 x 2 Multiplier until age 70 for death/TPD
ECI $62,500 x 2
payable 25 years
2) Base $40,000 x 5 Multiplier until age 70 for death/TPD
ECI $25,000 x 5, CI $25,000 x 5
payable 25 years
Thanks!
Hi like to request quotes for life insurance plan.
1) Next bday 33 / M / Non Smoker
Multiplier till age 70.
$50k x 4 =$200k
ECI/CI/TPD/Death =$200k
Payment term : 25 years
Also if not troublesome, can know what's the sum assured (cash value + $50k basic sum insured) after multiplier ends.
2) Next bday 2 / M
Multiplier till age 70
Payment term 10 years.
i) $50k x 3 = $150k
ECI/CI = $75k each
TPD/Death =$150k
ii) $50k x 3 = $150k
ECI/CI/TPD/Death = 150k
ii) $50k x 4 = $200k
ECI/CI = $100k
TPD/Death = $100k
iv) $50k x 4 = $200k
ECI/CI/TPD/Death = $200k
TIA!
Hi like to request quotes for life insurance plan.
1) Next bday 33 / M / Non Smoker
Multiplier till age 70.
$50k x 4 =$200k
ECI/CI/TPD/Death =$200k
Payment term : 25 years
Also if not troublesome, can know what's the sum assured (cash value + $50k basic sum insured) after multiplier ends.
2) Next bday 2 / M
Multiplier till age 70
Payment term 10 years.
i) $50k x 3 = $150k
ECI/CI = $75k each
TPD/Death =$150k
ii) $50k x 3 = $150k
ECI/CI/TPD/Death = 150k
ii) $50k x 4 = $200k
ECI/CI = $100k
TPD/Death = $100k
iv) $50k x 4 = $200k
ECI/CI/TPD/Death = $200k
TIA!
Hi,Hello! Will quote you accordingly but need to understand a little bit.
For your ECI/CI rider, i assumed it would be 50k base with 4x multiplier as well? Most insurers' ECI riders covers both CI and ECIs so in this case you would have 1 rider attached only. Also, for your ECI/CI riders' sum assured, it cannot exceed the base sum so
After multiplier ends, your sum assured would be the base of $50k + cash value correct, but to determine how much cash value is inside, none of us would really know until the day comes as the policy illustration is merely giving a suggested figure which is non-guaranteed.
Will quote the more popular ones since there would be alot of quotations in one post and you will go dizzy
ANB 33/M/Non Smoker
$50k death/tpd + $50k ECI with 4x multiplier till age 70 and a PPT of 25 years
Company A - $2507/annually
Company M - $2250.66/annually
ANB 2/M/Non Smoker
$50k death/tpd + $25k ECI + $25k CI with 3x multiplier till age 70 and a PPT of 10 years
Company A - N/A as rider's minimum base sum must be $30k
Company M - $1673.43/annually
$50k death/tpd + $50k ECI with 3x multiplier till age 70 and a PPT of 10 years
Company A - $1808/annually
Company M - $1930.91/annually
$50k death/tpd + $25k ECI + $25k CI with 4x multiplier till age 70 and a PPT of 10 years
Company A - N/A as rider's minimum base sum must be $30k
Company M - $1808.60/annually
$50k death/tpd + $50k ECI with 4x multiplier till age 70 and a PPT of 10 years
Company A - $2101/annually
Company M - $2108.60/annually
You're welcome! I assumed for the ANB 33 is still a 25 years PPT and the ANB 2 is a 10 years PPT?Hi,
Thanks for your response!
Could you quote me for the following as well : -
ANB 33/M/Non Smoker
$50,000 x 4 = $200k till age 70
ECI = $100k
CI = $100k
TPD/Death = $200k
ANB 2/M/Non Smoker
$50,000 x 5 = $250k till age 70
ECI = $250k
TPD/Death = $250k
Hi,
Thanks for your response!
Could you quote me for the following as well : -
ANB 33/M/Non Smoker
$50,000 x 4 = $200k till age 70
ECI = $100k
CI = $100k
TPD/Death = $200k
ANB 2/M/Non Smoker
$50,000 x 5 = $250k till age 70
ECI = $250k
TPD/Death = $250k
No worries! Perhaps you might want to let me know what is your budget? So we can minimise the number of quotations so as to not confuse you hahaThanks for your response!
Can quote me for the following as well : -
ANB 2/M/Non Smoker
Pay 10 years
$50k x 5 = $250k
ECI = $125k
CI = $125k
TPD/Death = $250k
ANB 33/M/Non Smoker
Pay 25 years
$45k x 5 = $225k
ECI = $112.5k
CI = $112.5k
TPD/Death = $225k
Sorry abit tight so need to keep my budget as low as possible.
Ahh, based on the quotations I given earlier, you probably have a rough idea as to the sum assured you are looking at for that budget. Chances are if you are looking at getting the ECI rider, you would have a lower SA for that budget.hmm maybe around SGD1.8k to SGD2k? But of course as a parent I would like to have as much sum insured during the prime life.
Then u should go for longer payment term instead of 10 years payment for ur son. If really want 10 payment, then should be around 35k base death/tpd and eci with 5 multiplier or 50k base death/tpd, 25k eci and 25k ci with 5 times multiplier.hmm maybe around SGD1.8k to SGD2k? But of course as a parent I would like to have as much sum insured during the prime life.
Actually since you mentioned that your objective is to maximise the coverage during your prime years when your son is still young, shouldn't you go for the lowest possible base whole life plan without any multiplier and get a term plan? The additional coverage in the multiplier is essentially just another term plan. What's your desired sum after the multiplier ends?Thanks for your response!
Can quote me for the following as well : -
ANB 2/M/Non Smoker
Pay 10 years
$50k x 5 = $250k
ECI = $125k
CI = $125k
TPD/Death = $250k
ANB 33/M/Non Smoker
Pay 25 years
$45k x 5 = $225k
ECI = $112.5k
CI = $112.5k
TPD/Death = $225k
Sorry abit tight so need to keep my budget as low as possible.