My independent financial planner often sends me letters and emails to update me on some of the latest promotions on insurances and investments. Most of the time, I would just take a quick look before crumpling up the leaflets or hitting that “delete” button. After all, I presume myself to be already adequately covered and prefer to manage my own investments.

However, earlier last week, this juicy deal caught my eye when I sieved through my emails and I decide to share it with you. Basically, Aviva’s offering a 25% discount on premiums for their My Protector Level Plus policy. Frankly speaking, that’s a pretty hefty discount on a basic term insurance policy. The attractive indicative premiums are attached below:

The catch here is that to qualify for this discount, the minimum coverage has to be $1 million dollars. Currently, the $510 I pay to Aviva for their ”Global Protection” term insurance provides me with ...