Comparison of best life insurance plans in singapore

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Comparison of best life insurance plans in
singapore

• According to  statistics, as low as less than two
  out of every 10 singaporians have adiquit life
  insurance cover.
• A lot of people who have taken one or the other
  kind of life insurance in singapore are having
  plans that are not covering themselves and their
  families adiquitly, which is a matter of
  immediate contemplation.

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• As the lifestyle of singaporians has changed over
  the years, being able to enjoy life-long
  financial protection has become increasingly
  important. An adiquit life insurance plan in
  singapore can provide complete peace of mind and
  worry-free life with financial freedom if you
  plan well and take right insurance plan that
  matches with your specific income range, medical
  situations and family needs. Comparison of life
  insurance plans in Singapore is one best way to
  determine whats available and  which one  out of
  them is best for your specific situation.
• Here are some of the popular whole life insurance
  plans of different companies along with their
  salient features to help you comparing and
  finding out the best plan for your needs.
•  

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AIA Family First Protect plan.

• Here are three ways this plan can benefit you and
  your family
•  
• 1. Affordable cover
• Receive one of the highest amounts of cover per
  dollar for the premiums you pay
• For example, a 33-year-old father supporting his
  wife, young child and mother could meet all his
  life protection needs for only 9.35 a day or
  about
• the price of a meal for two at a food centre.

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• The amount of cover you need, when you need it
• Choose to have high protection (and low
  investment) during your income-earning years, and
  low protection (and high investment) as you get
  closer to your retirement
• -Get an even greater level of protection with
  optional riders that cover the unexpected things
  in life accidents, disabilities and
  hospitalization
•  
• Flexible investment to meet your financial goals
• Choose from a wide range of investment funds
  suitable to your risk profile, each managed by a
  professional Fund Manager
• -Switch funds at any time to benefit from the
  ones that are performing well
• -Make top-ups to increase your investment amount
• -Have access to your cash any time after the
  first policy year through partial withdrawals
  which will be -most ideal during your retirement
  years

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NTUC Vivocare plan

• The NTUC Vivocare plan   provides comprehensive
  whole life insurance coverage.   You never know
  when illnesses, disability or death may happen.
  With NTUC VivoCare, you will be well taken care
  of from the early stages of dread diseases right
  up to your golden years.
• VivoCare covers 74 medical conditions, ensuring
  you of comprehensive protection insurance
  coverage for early, intermediate and advanced
  stages of dread diseases.
•  
• Top benefits at a glance
• Covers 74 medical conditions for early,
  intermediate and advanced stages of dread
  diseases
• Coverage against death, total and permanent
  disability (TPD before the age of 65) and
  terminal illness
•  Three times coverage for death and terminal
  illnesses before age 65
• Extra coverage for angioplasty or other invasive
  treatment for coronary artery disease, diabetic
  complications, severe osteoporosis and severe
  rheumatoid Arthritis
•  

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AVIVA MyLifeChoice.

• MyLifeChoices Guaranteed Extra Protection option
  provides the choice to increase your insurance
  protection cover when you reach key milestones in
  life, such as marriage, starting a family or even
  upon graduation without providing any evidence
  of health.
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• MyLifeChoices key benefits
• Increase your coverage at key life events without
  providing evidence of health
• Enjoy coverage of up to 275 of the Sum Assured.
• Guaranteed higher lump sum payout upon claim.
• Supplements retirement fund through lump sum
  withdrawal3.
• Optional Critical Illness and Total and Permanent
  Disability riders for coverage till age 99 and 70
  next birthday, respectively

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• Here are 5 reasons you may want to consider
  buying a MyLifeChoice insurance plan in
  Singapore.
• High protection offers good value for money
• MyLifeChoices Minimum Protection Value (MPV)2
  assures you for up to 275 of the Sum Assured in
  the case of death, Critical Illness6 or Total and
  Permanent Disability6, ensuring your hard-earned
  dollars are stretched further.
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• Short-term payment for long-term coverage
• You can choose to pay over 15, 20 or 25 years or
  until the age of 80 years age next birthday.

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• Know your financial commitments upfront
• MyLifeChoice guarantees a level premium
  throughout premium payment term, so you are well
  informed of your financial commitment from the
  start.
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• High protection, bonus payouts and easy access to
  savings
• With MyLife Choice, your monthly premiums will
  grow into savings over time. You will also have
  the access to these savings upon retirement.
  Whats more,
• bonuses paid over time will contribute to your
  retirement nest egg.
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• Continuous cover, even if you lose your job
• If you happen to lose your job, you can let the
  company know and you will be covered continuously
  even without paying premium.

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Which insurance plan in Singapore is best?

• Which insurance plan is best depends on your
  needs and requirements. As you may have already
  noticed from the comparison of life insurance
  plans in Singapore above , each of the 3 popular
  plans have their own focuses and target areas.
  Depending on your goals, you can choose what is
  the best plan for you.
• Sometimes, its advisable to take help from an
  independent financial consultant who can give
  genuine (non-salesy) advice about which plan is
  best for you.

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• More information visit this link
• http//thefinancialleaf.com/comparison-of-best-lif
  e-insurance-plans-in-singapore/

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