Term Insurance Calculator Singapore
“insurance is a form of backup.
Term insurance calculator singapore. The term insurance calculator is an online tool designed specifically so that one can calculate the premium that needs to be paid monthly and accordingly know the sum assured amount. A term insurance plan is the most basic form of life insurance. You can also find out the adequate life insurance cover for your loved ones with the help of human life value calculator.
All 12 insurers in singapore have direct means for you to purchase, though they may be hard to find. A term life plan that provides up to s$400,000 1 coverage for death, terminal illness, or total and permanent disability.; Life insurance relief cannot be claimed on premiums paid on an accident or health policy that provides for the payment of policy monies on the death of a person.
If the amount is $400,000 or more, or if you require critical illness coverage, then the term life insurance premium comparison table above is valid. Term life insurance pays a lump sum in the event of death or total and permanent disability (tpd) if tpd benefit is provided. Life insurance association singapore suggests that coverage of 11 times your annual earnings is the most optimal, but it really is relative to your lifestyle.
Planning for your family's future is an important one, so you should have all the information you need before you buy a term life insurance policy. A term insurance calculator is a specifically designed tool, which helps you to calculate the required monthly premium in order to get the desired sum assured amount. Manage, grow and protect your money with singlife.
To be valid in singapore only and shall not be construed as an offer to sell or solicitation to buy or provision of any insurance product outside singapore. As a result, you may not be able to afford the premiums or get the insurance protection you want. The term insurance plan calculator is simple and easy to use.
Information generated by the citi insurance gap calculator shall not constitute nor should it be taken as a substitute for professional advice. Visit great eastern singapore for more information! Use these mortgage calculators and housing loan tools from propertyguru to help you determine how much you can borrow and afford, find the best housing loan you need, helping you to make informed decisions on your property purchase.