Parents wants more term insurance and savings

Hi, Mr Tan,

I wish to find out more about Term insurance. Currently, my husband has the following insurance coverage:

Husband age : 43 years
Annual income: 100k

Existing policies: investment linked, endowment, term, whole life, medishield, eldershield

We are family with 3 kids, with all Term living coverage - 200K each, we have no debt or any loan been paying, now trying to save for the children's university fees.

--------------------------

Reply from insurance adviser:

I checked on a Term Policy for your husband. The premium for $150,000 for your husband is $291.90 yearly (your current term plan charges $800 yearly).

Saving for our children is an excellent thought. Our Ideal Plan is
flexible and gives good returns. How old are your children?

If you are open for discussion, a proper financial planning for your needs is required.