children or grandchildren; for the past year since May 2013, Tokio Marine Life Insurance Singapore (TMLS) has been selling a single premium plan known as
In any case, the surviving TM Infinite VIP runs on a simple model:
- Minimum Single premium of S$133,350
- Gets you a payout of S$500 EVERY MONTH after 5 years (credited monthly into a S'pore bank account)
- The payout continues as long as the assured is alive
- Should Death occurs, 101% of Single premiums paid + Non Guaranteed Terminal Dividend
- Minimum age 1 year old next birthday
- Maximum age 70 year old next birthday
TIPs
- If you want more payout, just multiply accordingly (eg $266,700 gets you $1000 monthly payout)
- Greater advantage will be to buy on the life of a young child, since payout continues as long as assured is alive.
- Good option to prepare for a child who will be going to University as their MONTHLY living expense.
* Conditions apply
No comments:
Post a Comment