Friday, April 14, 2017

Tips on buying Term Insurance

I have given some useful tips for how you can buy the suitable term of term insurance coverage for your needs using the Compare First website.

My tips include:
1. What is the term of the policy (I suggest 20 to 25 years)
2. What is the sum insured (I suggest 5 years of income)
3. Choice of level or reducing term coverage?
4. Should you include critical ilness coverage?

My reaons for these choices are explained in the artilcle.

This article is available for the public for 14 days only. After that, it will only be available for FISCA members.
http://www.fisca.sg/ArticleDisplay.aspx?ID=461




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