I have been following your approach of doing DIY for my term coverage, SAF Term Insurance and shield plan, I find that I have much left over to invest in STI ETF. I am very pleased with this approach indeed.
One thing I would like to find out is the ease of claiming in case of death and illness. For example, if something were to happen to me, will it be very tough for my spouse to handle all the claims? Not forgetting that she will be in much emotional distress at this stage. Based on your experience, have you encountered any person, who is still in the right frame of mind, while in mourning of a loved ones, to go to the insurance company customer service centre to do claim?