Insurance
ntuc-income – launch of new i-Term TAN4
By Patrick Lim  •  February 15, 2012
here's some exciting news for consumers. ntuc-income has launched the new i-term TAN4 which is the re-priced version of the previous i-Term TAN2. what is i-Term TAN4? this is a non-participating regular premium plain vanilla term plan with coverage for death/total & permanent disability and terminal illness. some details on the product: entry age is pretty encompasing from age 0 to age 70 (last birthday). term of coverage from a minimum of 5 years and from 5 years to 35 years or till age 54, 59, 64 last birthday. Renewability – Upon expiry of the policy term, the policy will be renewed automatically without further underwriting. The premium payable upon renewal will be based on the prevailing age of the life insured, the prevailing premium rates and the policy term chosen at the time of renewal. The policy can be renewed up to age 84 (previously age 79) only. my ......
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By Patrick Lim
Patrick is an Associate Director with Promiseland. He has more than 20 years of personal investment experience both in stock and shares and unit trusts. In his early years as an investor, he got burnt really bad in the infamous 1987 crash and again during the clob incident. With 2 decades of so-called battle scars behind him, the last few years (since 2003) have been good to him especially with his single country funds doing exceptionally well. On his investing style, he is both a technical analyst and fundamentalist. Patrick view wealth accumulation as part and parcel of the wealth management process but only if one has already executed his/her wealth protection planning on an on-going basis.
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