today, tokio marine life insurance held a pre-launch of her flapship product, the enhanced tm legacy plus (lp) for us, the fa channel at ntuc business centre. the official launch date for the enhanced tm legacy plus (lp) is october 14, 2011.
to recap, in terms of the whole life mpv (minimum protection value) products, there are currently only 4 providers namely:
a. aviva
b. manulife
c. ntuc-income and
d. tokio marine life insurance
there used to be a fifth provider, uob life but the latter has been acquired by prudential assurance in february 2010 and uob maxi-secure is no longer available.
my comments:
how is mpv distinct from the conventional whole life products?
whole life mpv products offer a protection booster for a specified period which is usually till the life assured's 65th birthday. after this, the life assured is covered for the basic sum assured (plus bonuses) for ......