is there difference between TM Legacy Life and TM Retirement Life?
If you are referring to TM Legacy Lifetime and TM Retirement life then yes, there are differences between them. TM Legacy Lifetime is a wholelife policy which covers a person against death, TPD and CI.
TM Retirement Life is like an annuity, you receive constant income stream starting from a certain age eg, 60/65 for
life. After a person passes on, your next of kin will receive a lump sum pay out - This point is better than CPF life where next of kin usually receive almost nothing if a person passes on after age 85