Today, i attended tokio marine life insurance's soft launch of tm retirement life at ntuc auditorium at one marina to roll out their latest product, tm retirement life. the official launch date is may 31, 2012. what is tm retirement life? this is a hybrid limited premium participating whole life plan with yearly cash benefits from either age 60 or age 65 (referred to as the 'payout' age) for as long as the life assured lives. my comments: the plan provides coverage for death and terminal illness and is available for both single life and joint-life application (husband and wife). starting from the selected payout age (either age 60 or age 65), a guaranteed cash benefit equivalent to 5% of the sum assured will be payable yearly for as long as the life assured is alive. payment of the cash benefists does not reduce the death benefit and sum assured... Read the full article →