Insurance
There is Really a Regular-Payout Term Insurance
By (The) Boring Investor  •  July 12, 2015
About 2 years ago, I wrote a post on my Preference for Regular Payout Insurance. The reasons for this preference are discussed in that post, but I will further illustrate the reasons below again. At that time, I thought that such insurance policies only exist for disability income. For more traditional insurance policies covering death and critical illness, there was none. Recently it turns out that some insurer has heed the call and came up with an insurance policy covering death, terminal illness, total and permanent disability, and critical illness that pays out a regular sum each month. The insurance policy is MyFamilyCover (MFC) from Aviva. Thanks to comments from a reader, E H, on My Considerations on Eldershield, I chanced upon it on compareFIRST.sg, the official website set up by Consumers Association of Singapore, Monetary Authority of Singapore, Life Insurance Association Singapore and MoneySENSE to assist ...
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By (The) Boring Investor
nvestor, Engineer, Photographer, Blogger, Friend and Son.
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