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 ......