Singapore Financial Planners

The FWD Big 3 is a non-participating critical illness insurance term policy that provides basic protection against cancer, heart attack and stroke. With guaranteed renewal up till the age of 85, the policy is a simple and fuss-free comprehensive plan offering a one time 100% cash payout. Basic Product Features Policy Terms To be eligible for insurance coverage for the FWD Big 3, you need to be between 18 to 65 years old. Premium Payment Terms All premiums are payable during the policy term. It is possible that CI premiums may be adjusted, as with all CI premiums.   There are several factors that determine the final premium amount, including age, gender, smoking status, sum assured, policy type, and premium period length. Protection Big 3 Benefit (CI) During the period when the policy remains active, upon experiencing symptoms that might be related to and upon diagnosis by a certified medical practitioner for all stages of cancer , heart attack or specified severity...

AXA Wealth Accelerate is a regular premium, investment-linked policy (ILP) that speeds up your wealth build-up through several bonuses. We’ve reviewed AXA Wealth Accelerate to help you decide if it is the right option for you. Read on. Criteria Minimum entry age: Life Assured: One month to 70 years Policyholder: 18 to 99 years. Minimum investment of $300   Coverage Period The coverage lasts as long as the policy is still in force. In other words, it covers life up to 99 years. General Features Premium Allocation Before we share with you the premium allocations, you’ll need to understand the initial contribution period (ICP) based on the Minimum Investment Period (MIP) you’ll be choosing. Minimum Investment Period Initial Contribution Period 10, 15, 20 years First 36 months 25 years First 48 months 30 years First 60 months AXA Wealth Accelerate comprises 2 accounts for premium allocation as shown in the table below; Initial Units Account (I...

NTUC Income’s Gro Annuity II is a single premium annuity plan that provides you with a lifetime yearly payout in your golden years. This policy is highly recommended if you would like to receive annual payouts from your policy in the future. In addition, you can enjoy high payouts in the form of non-guaranteed benefits depending on how the participating fund performs. Here’s a comprehensive review of NTUC Income’s Gro Annuity III to help you decide if it’s the best policy for you.   Criteria Minimum entry age: 40 years Maximum entry age: 85 years   Premium Payment Options NTUC Income’s Gro Annuity II is a single premium payment option; whereby you only have to pay the premiums once. Take note that this plan only accepts cash payments. Payout Options The plan allows you to receive your lifetime annuity payouts on the following basis; Monthly Quarterly Half-yearly Yearly   Because it’s an immediate annuity policy, you will receive regular payouts fo...

The Great Eastern GREAT Lifetime Payout is a participating annuity policy with a three-year premium term. In this review, we’ll explore the plan’s features, benefits, comparison with other similar policies, and much more. Keep reading. Criteria For the life assured: From age 1 to 75 years old For the policyholder: Age 19 onwards   Premium Payment Options The plan has a three-year premium term, starting at S$10,000 per year payable in cash. Payout options As the name suggests, the plan offers a lifetime monthly payout consisting of guaranteed and non-guaranteed cash bonuses commencing from the policy’s 4th anniversary. This means that after paying your premiums for 3 years, you can start receiving your monthly payouts from year 4. Features Lifetime Monthly Payouts At the 4th anniversary of the policy, you’ll receive a regular monthly payout, also known as the survival benefit, which is paid until you make a claim or the plan’s termination, whichever comes first. T...

Great Eastern’s GREAT Prime Rewards III is a single premium participating annuity plan that provides guaranteed financial payouts to secure your future in golden years. The plan offers financial protection against unfortunate events such as death, terminal illness, total and permanent disability. Here we have a comprehensive review of Great Eastern’s GREAT Prime Rewards III, including features, benefits, and any valuable information to help you decide if it’s the right option. Keep reading. Criteria Premium Payment Options The policy is a single premium payment option which means you can only make one lump sum payment at the commencement of the plan. Because of this, monthly premium payments are not allowed, and you cannot change the premium rates midway. Premiums start at $10,000. Payout Options This plan provides you with an option of 4 payout periods, with 2 policy terms – 15 or 20 years. The policy terms include an accumulation period and payout period. This means tha...

AIA Absolute Critical Cover is a standalone critical illness insurance policy that offers multiple protection against 187 critical illnesses, age-related illnesses, and chronic diseases. The plan has multiple benefits alongside riders to boost your protection. Here’s a review of AIA Absolute Critical Cover to help you decide if it’s the best product to meet your needs. Read on. Criteria Minimum sum assured starts at S$100,000 Policy Entry Age: 2 weeks to 65 years old   Policy Terms There are 3 policy term options available; up to 65, 75, or 100 years old. Premium Payment Terms Like most policies you can make monthly, quarterly, biannually, and yearly payments. Also, you can integrate your AIA Absolute Critical Cover (ASCC) with AIA Vitality and enjoy upfront premium discounts as well as future vitality status-dependent premium discounts. Protection AIA Absolute Critical Cover (ASCC) has the following benefits. Death Benefit If death occurs while the policy is st...

The Tokio Marine Early Cover is a single-pay, regular, non-participating critical illness insurance policy that provides basic protection against multi-stage critical illnesses and other specified medical conditions. It’s also been selected by our team to be one of the best CI plans in Singapore. Read more to find out why. Basic Product Features Premium Policy Terms The Tokio Marine Early Cover provides insurance coverage for you up to age 70, 75, or 85. Premium Payment Terms Payable throughout the premium term of the policy. As with all CI premiums, premiums are not guaranteed and may be adjusted.   Your final premium amount is determined by factors such as age, gender, smokers status, sum assured, policy type, and length of premium period. Protection Critical Illness Benefit (CI) The Tokio Marine Early Cover provides a lump sum payout against 109 early, intermediate, and severe stage CIs, with the option of either up to age 70, 75 or 85. The below table provides...