Best Term Insurance Plan(Do Not Solicit for Pm)

[boredboiboi]

Hi,
Can I get quotes for a term insurance of 1mil till age 65 please? I might consider a 200K CI. Please do include the breakdown in premiums.
Age 37, male, non smoker

37 last or next birthday?

 

[petromax]

37 last or next birthday?

last birthday

 

[Invisible1234]

Hi,

Male 31 ANB and Non smoker here. I would like a quote for term insurance for 500k for Death and TPD, 250k CI and 100k ECI until age 65/70/75. A few insurance companies if possible.

Thanks.

 

[exterminazn]

Hi,

Male 31 ANB and Non smoker here. I would like a quote for term insurance for 500k for Death and TPD, 250k CI and 100k ECI until age 65/70/75. A few insurance companies if possible.

Thanks.

Hi,

please see below GE quote

to 65: $1217.90/year
To 70: $1477.30/year
To 75: $1831.40/year

Cheers

 

[boredboiboi]

Hi,

Male 31 ANB and Non smoker here. I would like a quote for term insurance for 500k for Death and TPD, 250k CI and 100k ECI until age 65/70/75. A few insurance companies if possible.

Thanks.

Death and TPD $500k, 250k CI and 100k ECI
Age 65
Hsbc $1217.12/year
Etiqa $1256.06/year
Singlife $1368.10/year
Fwd $1321.85/year

Age 70
Hsbc $1398.62/year
Etiqa $1466.69/year
Singlife $1580.55/year
Fwd $1563.05/year

Age 75
Hsbc $1622.12/year
Etiqa $1767.02/year
Singlife $1789.15/year
Fwd $1909/year

 

[Invisible1234]

Thanks both. Can I ask why Singlife is the most expensive among all?

 

[jeffong]

Seeking quote for 1mil Death / TPD, 500k CI, 100k ECI till 65/70/75 for Females ANB at 21 and 25 respectively. Thanks.

 

[boredboiboi]

Hi,
Can I get quotes for a term insurance of 1mil till age 65 please? I might consider a 200K CI. Please do include the breakdown in premiums.
Age 37, male, non smoker

Hsbc
Death $1 mil $871.65/year
tpd $1mil $136.50/year
Ci $200k $418.60/year
Total $1426.75/year

Etiqa
Death $1 mil $877.40/year
tpd $1mil $96.30/year
Ci $200k $418.60/year
Total $1471.70/year

Singlife
Death $1 mil $655.90/year
tpd $1mil $106.50/year
Ci $200k $422.85/year
Total $1205.25/year

Fwd
Death $1 mil $739/year
tpd $1mil $107/year
Ci $200k $341.80/year
Total $1187.80/year

 

[boredboiboi]

Thanks both. Can I ask why Singlife is the most expensive among all?

Its the calculation done by the actuary.

 

[boredboiboi]

Seeking quote for 1mil Death / TPD, 500k CI, 100k ECI till 65/70/75 for Females ANB at 21 and 25 respectively. Thanks.

Smoker or non smoker?

 

[jeffong]

Smoker or non smoker?

non-smokers..

 

[exterminazn]

Seeking quote for 1mil Death / TPD, 500k CI, 100k ECI till 65/70/75 for Females ANB at 21 and 25 respectively. Thanks.

Hi,

below GE quote for non smoker

Anb 21f
To 65: $1334.15/year
To 70: $1589.40/year
To 75: $1730.30/year

anb 25f
To 65: $1537.85/year
To 70: $1818.20/year
To 75: $2071.35/year

cheers

 

[jeffong]

Got the feeling that GE seems overpriced compared to the competition. Article in newspaper today also commented that GE's shield plan benefits have been chopped to pieces with prices going skyhigh.

 

[petromax]

for those CI, do you guys use accelerated rider to your Term Life or normal policy ? I tried comparing with NTUC Income, it seems it's non accelerating, and the rider premium is much higher compared to others like FWD.

 

[boredboiboi]

for those CI, do you guys use accelerated rider to your Term Life or normal policy ? I tried comparing with NTUC Income, it seems it's non accelerating, and the rider premium is much higher compared to others like FWD.

Just add on the amount to death/tpd for other insurers to the term plan and it should be still cheaper than ntuc

 

[boredboiboi]

Seeking quote for 1mil Death / TPD, 500k CI, 100k ECI till 65/70/75 for Females ANB at 21 and 25 respectively. Thanks.

21 years old
Age 65
Hsbc $1208.50/year
Singlife $1203.90/year
Etiqa $1596.90/year
Age 70
Hsbc $1351.40/year
Singlife $1337.65/year
Etiqa $1741.65/year
Age 75
Hsbc $1516.65/year
Singlife $1449.65
Etiqa $1957.96/year

25 years old
Age 65
Hsbc $1442.80/year
Singlife $1462.15/year
Etiqa $1845.80/year
Age 70
Hsbc $1627.90/year
Singlife $1638.20/year
Etiqa $2014.70/year
Age 75
Hsbc $1825.35/year
Singlife $1846.25/year
Etiqa $2235.39/year

 

[petromax]

Just add on the amount to death/tpd for other insurers to the term plan and it should be still cheaper than ntuc

for FWD, it's accelerated, cannot additional on top of death/tpd

 

[boredboiboi]

for FWD, it's accelerated, cannot additional on top of death/tpd

As in whatever amount that u want to buy for eci/ci. Add that amount to death/TPd. So after accelerated, u still got what u want for death/tpd. Hope this is clearer

 

[Invisible1234]

Btw, is it possible to get some advice here for a 31 ANB Male Non Smoker, how much death, TPD, CI and ECI to cover until what age?

 

[boredboiboi]

Btw, is it possible to get some advice here for a 31 ANB Male Non Smoker, how much death, TPD, CI and ECI to cover until what age?

Rule of thumb
Death/tpd - 10 x annual income
Eci - 3 to 5 times of annual income
Ci - more than 5 times of annual income
Insurance is to cover lost of income. Buy till the age u think u will stop working. In general mostly get till age 65 or 70