Insurance

Comparing Term Life Policies

Struggling to compare between the different term life policies? Let us help with our term insurance comparison table.

  • iFAST Insurance Team
  • |
  • Published on 30 Jan 2018

ManuProtect Term
i-Term
TM Term Assure
TermLife Solitaire*
ManuSignature Term*
Insurer
Manulife
NTUC
Tokio Marine
NTUC
Manulife
Coverage
Death and Terminal Illness (TI)
Death, Terminal Illness (TI) or Total Permanent Disability (TPD before age 70)
Death, Terminal Illness(TI) or Total Permanent Disability (TPD attached as a compulsory rider)
Death and Terminal Illness (TI)
Death and Terminal Illness (TI)
Pay out conditions
Policy remains in force for death benefit if sum insured is not fully paid out following a TI claim. Pay out for TI is capped at S$1 million
Upon diagnosis of TI, pays out in one lump sum and policy terminates thereafter
Lump sum pay out upon death, TI or TPD
Upon diagnosis of TI, pays out in one lump sum and policy terminates thereafter
Policy remains in force for death benefit if sum insured is not fully paid out following a TI claim. Pay out for TI is capped at S$1 million
Policy Term
5 to 40 years, up to age 85
5, 10, 15, 20, 25, 30 or 35 years term, up to age 84
5 years or up to age of 85
10, 15, 20, 25, 30, 35 or 40 years up to age 64, 74, 84 or 100 (Age Last Birthday)
5 to 40 years, up to age 85
Renewability
Guaranteed renewal up to age 85 for policy term of 5 to 10 years
Guaranteed renewal up to age 84 (Age Last Birthday)
Guaranteed renewable for policy term of 5 to 10 years and up to 80 and 75 years old respectively
Guaranteed renewable if insured is age 75 and below and valid up to age 100 (Age Last Birthday)
Guaranteed renewable to age 85
Convertibility
Yes, to any regular-premium life insurance plan at same sum assured. Privilege must be exercised before the age of 65
Not convertible
Yes, to any regular premium whole life or endowment plan up to sum assured of original policy. Privilege must be exercised before age 60
Not convertible
Yes, to any life insurance plan for same sum assured of original policy. Privilege must be exercised before age 65
Benefits
Quit smoking incentive - enjoy non-smoker premium rates for first 3 policy years and continue to enjoy non-smoker rates from fourth year onwards if you've successfully quit smoking. Incentive only available for term policies of 11-40 years with a minimum sum assured of S$500,000
Familiar, household brand
Competitive pricing
Can be used to insure key personnel to mitigate financial impact should a disaster strike. Alternatively, use this policy to leave a legacy
Enjoy preferred premiums rates for good health.
Insure key personnel to mitigate financial impact should a disaster strike.
Quit smoking incentive - enjoy non-smoker premium rates for first 3 policy years and continue to enjoy non-smoker rates from fourth year onwards if you've successfully quit smoking. Incentive only available for term policies of 11-40 years
Premium Payment Method
Regular Premium
Regular Premium
Regular Premium
Regular Premium
Regular Premium

*Policies require a minimum sum assured of $1 million

For Smokers: ManuProtect Term or ManuSignature Term

Enjoy lower premium rates with the quit smoking incentive.

For the price conscious: TM Term Asssure

Policies are priced competitively thus offering protection at a low cost.

For familiarity: i-Term by NTUC

A household brand, its recognisable brand name provides familiarity to most Singaporeans.

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Available Products on FSMOne Insurance

Term Life, Whole Life, Critical Illness, Annuity, Health, Endowment


from Manulife, NTUC Income and Tokio Marine Life Insurance


*Please check with our advisory team if the product you want is available on FSMOne Insurance


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