Help on term insurance

[whysoseriousdude]

my plan is protector plus its 25 yrs plan ... at 25% discount now till oct 31.

my annual income is around 30k.. btw

 

[zixiang18]

Actually that aviva plan that Ns provide is a good plan. High coverage with low cost. For a kick start its good to have 1. If you think its too high for 1mil maybe get a 500k coverage at least. I believe by everyone are potential earners base on 2.5k per month, which means annually is 30k. After 33 to 34 years its about 1mil. When you have higher budget can look at those plans that have cash value.

 

[laksa2003]

my plan is protector plus its 25 yrs plan ... at 25% discount now till oct 31.

my annual income is around 30k.. btw

at 116/mth with 30k income thats about 4.6%
financially viable.
imho, you can stay or reduce to 800k
have you buy the private shield with rider yet?