Tokio Marine Legacy Plus

[Panerex]

Currently has a 10 year limited pay whole life plan for my child for $150K Sum assured, with a multiplier to $350K SA up till when he turns 71 years old.

Am looking to increase this coverage. Is there a way to Top up on the same plan, or is there a more value for money limited pay plan whole life out there now?

 

[SBC]

Think this policy has been discontinued last year.

Had this policy for the girl.

 

[soneat]

Currently has a 10 year limited pay whole life plan for my child for $150K Sum assured, with a multiplier to $350K SA up till when he turns 71 years old.

Am looking to increase this coverage. Is there a way to Top up on the same plan, or is there a more value for money limited pay plan whole life out there now?

Don't think you can increase the coverage under this plan. Furthermore, this plan has been pulled out for quite a while.

 

[Panerex]

Thanks

Any good alternatives now?

 

[soneat]

Thanks

Any good alternatives now?

Take a look at mywholelifeplan from aviva.
Go CompareFirst to see the pricing. The guaranteed surrender value etc of this plan is relatively higher than what's available in the market right now.

 

[SBC]

My Income life policies are not bad. Entered in year around 1998 & 2000. I would say their bonus is better than TM.

 

[intime]

Thanks

Any good alternatives now?

For insurance coverage, go for any online direct purchase term life insurance. Sum assured $400k up to age 65.
http://www.comparefirst.sg

 

[Panerex]

Thanks for the site. It seems like TM is longer inside th database for WL comparison.

Only saw NTUC, AXA, Prudential, Manual and Aviva

 

[soneat]

Thanks for the site. It seems like TM is longer inside th database for WL comparison.

Only saw NTUC, AXA, Prudential, Manual and Aviva

Yes. Based on whatever is available now, for wl plan, aviva mywholelife is the most similar to TM legacy plus.