Personal Finance
NTUC Income i-Term Review: Should you get this?
By Singapore Financial Planners  •  August 5, 2021
The NTUC Income i-Term is a non-participating regular premium term insurance that covers death, total permanent disability before the age of 70 (TPD) and terminal illness (TI). It offers guaranteed renewability and the option to enhance your coverage with optional riders. Criteria Minimum sum assured of 50k. Coverage up to age 84. Product Features Policy terms Flexible policy terms ranging from 5 to 35 years (In multiples of 5 years) or when the insured reaches 54, 64, or 74 years of age. The plan also offers guaranteed renewability with a 5-year policy term up till the age of 84. Premium Payment Terms & Options The NTUC Income i-Term is only available as a regular premium plan with level and guaranteed premiums throughout the policy term. The premium upon renewal will be based on the age on the next birthday of the insured. Although there is no minimum premium...
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By Singapore Financial Planners
We believe in the power of financial literacy. It’s unfortunate that schools do not provide crucial life lessons like financial planning. Thus, we created Singapore Financial Planners to create a space where we provide financial education so that you can make an informed decision.
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