Five Things To Know About A Whole Life Insurance Plan

Do you know what a whole life insurance plan can cover?

  1. Life Coverage

Whole life insurance provides financial protection for your dependants, be they your children, spouse or parents. With a multiplier feature, you can even boost your coverage to up to 5 times of your assured sum.

2. Critical Illness & Total Permanent Disability Protection

A critical illness protector is built into the feature of a whole life plan to cover conditions such as osteoporosis and diabetic complications, up to age 85 in its early, intermediate and major stages.

The whole life plan can also provide some financial security in the unfortunate event of a total permanent disability.

3. Retirement Savings

Many plans also allow you to accumulate savings that will allow partial withdrawals for your golden years.

4. Limited Premium Payments

Choose the length of your payment and continue to enjoy the coverage till age 100.

5. Rewards for making healthy choices

You can also get rewards for making healthy lifestyle choices and enjoy boosted coverage. It is simple, by tracking your health choices on a smartphone.

From now till 31 December 2017, enjoy cash rebates for first year premium + up to $160 worth of vouchers when you sign up, subject to T&Cs.

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