Getting started with insurance

[boredboiboi]

Forget to add for age 40 and period till 80 years old thanks

Age 40 is next or last birthday? Male or female? Smoker or non smoker? What is vantage? From which insurer?

 

[dslr]

Age 40 is next or last birthday? Male or female? Smoker or non smoker? What is vantage? From which insurer?

Last birthday, male, non-smoker.

prudential.

 

[boredboiboi]

Last birthday, male, non-smoker.

prudential.

Eci and ci is 250k ea right?
Anyway tm eci works differently from pru, TM eci covers all stages while pru only cover early and intermediate stage. Which means tm 250k eci is equal to pru 250k eci and 250k ci. And tm 250k ci and 250 eci is equal to pru 250K eci and 500k ci. I can only quote TM and other insurers. Cheapest might not be tm but maybe china taiping or aviva or maybe AXA

for quote on 1m death/tpd, 250k eci, 250k ci
Tm - $7280.50/year
A - $6666.75/year
C - $6558.15/year
X - not available to age 80

 

[dslr]

Eci and ci is 250k ea right?
Anyway tm eci works differently from pru, TM eci covers all stages while pru only cover early and intermediate stage. Which means tm 250k eci is equal to pru 250k eci and 250k ci. And tm 250k ci and 250 eci is equal to pru 250K eci and 500k ci. I can only quote TM and other insurers. Cheapest might not be tm but maybe china taiping or aviva or maybe AXA

for quote on 1m death/tpd, 250k eci, 250k ci
Tm - $7280.50/year
A - $6666.75/year
C - $6558.15/year
X - not available to age 80

Ok noted thanks

 

[boredboiboi]

Ok noted thanks

U r welcome. If u need more info, feel free to message me

 

[exterminazn]

Last birthday, male, non-smoker.

prudential.

Hi,

below GE quote based on anb 41yo male non smoker

1m death/tpd, 250k eci, 250k ci till age 80
Premium: $5733.35/year

cheers

 

[Kiasu Mum]

is there any risk taking up Tai-ping insurance since it's relatively new in the market as compared to other insurer? What will be best insurer in term of competitive rate for whole life plan?

 

[boredboiboi]

is there any risk taking up Tai-ping insurance since it's relatively new in the market as compared to other insurer? What will be best insurer in term of competitive rate for whole life plan?

What plan fir taiping? Dont think this is any issue since its regulated. Wholelife plan competitive rate would quote then know but so far manulife and singlife with aviva is the cheapest that i always quoted

 

[Kiasu Mum]

Thanks boredboiboi, what is the difference between manulife and aviva? are you able to help code for tai-ping, tokai, manulife and aviva? Age 20 years n 18 years old last birthday. looking for whole life 50K and 100k
with ECI

 

[exterminazn]

Thanks boredboiboi, what is the difference between manulife and aviva? are you able to help code for tai-ping, tokai, manulife and aviva? Age 20 years n 18 years old last birthday. looking for whole life 50K and 100k
with ECI

What gender for both?

I can quote GE one

 

[Kiasu Mum]

Both boys. thanks

 

[exterminazn]

Both boys. thanks

Both got smoke or non smoker?

 

[exterminazn]

Thanks boredboiboi, what is the difference between manulife and aviva? are you able to help code for tai-ping, tokai, manulife and aviva? Age 20 years n 18 years old last birthday. looking for whole life 50K and 100k
with ECI

Hi,

Below GE wholelife quote

1) anb 21m non smoker
50k with eci, payment till age 65: $811/year
50k with eci, payment for 20yrs: $1121.50/year

100k with eci, payment till age 65: $1622/year
100k with eci, payment for 20yrs: $2243/year


2) anb 19m non smoker
50k with eci, payment till age 65: $761.50/year
50k with eci, payment for 20yrs: $1059.50/year

100k with eci, payment till age 65: $1523/year
100k with eci, payment for 20yrs: $2119/year


cheers!

 

[boredboiboi]

Thanks boredboiboi, what is the difference between manulife and aviva? are you able to help code for tai-ping, tokai, manulife and aviva? Age 20 years n 18 years old last birthday. looking for whole life 50K and 100k
with ECI

You are welcome and Yes i can quote. Assuming both male and non smoker?

I quote aviva and manulife will do first as Taiping and tokio premium is higher.
And how many years of payment term are you looking at? 10/15/20/25?
50k and 100k is the base? and do u want to add multiplier? Eci how much?

 

[Kiasu Mum]

aiyo so young where got smoking.

You give me Aviva n manulife first then. 20 years for payment term.
please include multiplier 2 or 3 times. eci should be 50K same as the basis.
Let me know the pros n cons between these two.

 

[Kiasu Mum]

any taiping or tokio agents can provide figure? btw till 80 years

 

[boredboiboi]

any taiping or tokio agents can provide figure? btw till 80 years

i can. I can quote for all.
Butaviva dont have until age 80 for multiplier. Only till age next birthday 70 and 75 so i dont quote aviva?
Manulife have multiplier until age 70 and 80.
China taiping also dont have till 80, until until age next birthday 71 or 86
Tokio marine no more wholelife plan.

see u wan the multiplier ends at what age then I quote accordingly and for which insurer

multiplier till age 80 only manulife thus i quote manulife only
- Age next birthday 19
1) 50k with 2 x multiplier pay 20 years - $1578.87/year
2) 50k with 3 x multiplier pay 20 years - $1812.27/year
3) 100k with 2 x multiplier pay 20 years - $2883.08/year
4) 100k with 3 x multiplier pay 20 years - $3349.89/year


- Age next birthday 21
1) 50k with 2 x multiplier pay 20 years - $1630.32/year
2) 50k with 3 x multiplier pay 20 years - $1892.39/year
3) 100k with 2 x multiplier pay 20 years - $2999.73/year
4) 100k with 3 x multiplier pay 20 years - $3523.88/year

 

[reddevil0728]

aiyo so young where got smoking.

there are actually unaged people who smoke illegally. so it's a valid qns actually

 

[ABuNeNe]

should I get life insurance for my kids?

 

[exterminazn]

should I get life insurance for my kids?

Can consider

but more importantly have u get life insurance or DII for yourself and spouse?