China Taiping i-Secure II Review

China Taiping i-Secure II is a no-frills whole life insurance plan that gives you coverage as well as accumulates cash value. Choose a multiplier coverage of up to 5X the sum assured to give you a higher coverage up till age 71 or 86.

China Taiping i-Secure II product details

• Life policy – Whole Life Policy
• Choice of Premium Terms
  • You can choose to pay premiums for 5, 10, 15, 20 or 25 years
• Multiplier Coverage
  • You can choose to multiply your base coverage by 2X, 3X, 4X or 5X up to age 71 or 86
  • If initially chosen age 71, you can still extend it to age 86 at a later stage with additional premiums payable by cash or the policy cash value
• Critical Illness Riders; Cover yourself against up to 161 conditions of all stages
  • AdvancedCare Rider II
    • Covers 55 advanced-stage critical illnesses
  • EarlyCare Rider II
    • Covers 137 multi-stage critical illnesses as well as 12 special and 12 juvenile conditions
• Premium Waiver Riders
  • Additional riders are available to waive premiums for yourself or your beneficiaries for insurable events

Read About: Whole Life Policy: How does it work?

In-depth Review: 4 Best Whole Life Plans in Singapore for Insurance Coverages (2023 Edition)

Features of China Taiping i-Secure II at a glance

Cash and Cash Withdrawal Benefits

Cash value: Yes
Cash withdrawal benefits: No

Health and Insurance Coverage

Death: Yes
Total Permanent Disability: Yes
Terminal Illness: Yes
Critical Illness: No (Yes with riders)
Early Critical Illness: No (Yes with riders)

Health and Insurance Coverage Multiplier 

Death: Yes
Total Permanent Disability: Yes
Terminal Illness: Yes
Critical Illness: Yes
Early Critical Illness: Yes

Optional Add-on Riders

Yes

Additional Features and Benefits

Yes

For further information and details, refer to China Taiping website. Alternatively, fill up the form below and let us advise accordingly.

Read About: Effects of compounding returns on your savings

Read About: 3 things to consider before taking up a new financial product

Policy Illustration for China Taiping i-Secure II

• Coming soon

China Taiping i-Secure II may be suitable if you are looking for

China Taiping i-Secure II may potentially be a good fit if the following matters to you:

• Higher protection for Death, Total and Permanent Disability, and Terminal Illness coverage at an affordable premium.
• Higher Early Critical Illness, Critical Illness coverage with riders in an Insurance Policy.
• Health and Protection coverage due to a shortfall in your Insurance Portfolio.
• Accumulating cash value in the policy for financial returns in the long-term.
• Paying premiums only for a limited number of years and enjoying coverage for a lifetime.

Read About: How much insurance coverage do you really need in Singapore *NEW*

In-depth Review: Term insurance vs Whole Life insurance – Which is better for you?

China Taiping i-Secure II may not be suitable if you are looking for

China Taiping i-Secure II may potentially be a bad fit if the following matters to you:

• Liquidity or flexibility of withdrawal in your Insurance policy.
• Access to cash from your policy on a regular basis.
• Insurance policy with a high surrender value in the early years of the policy.
• Potentially higher financial returns compared to a pure investment product.

In-depth Review: 4 Best Endowment Savings Plans in Singapore (2023 Edition)

In-depth Review: 3 Best Investment Linked Policies in Singapore for Wealth Accumulation (2023 Edition)

Further considerations on China Taiping i-Secure II

• How are China Taiping or China Taiping i-Secure II investment returns based on historical performance?
• How does China Taiping i-Secure II compare with Whole Life Policy from other insurance companies?
• Can China Taiping i-Secure II fulfill my financial insurance, health, and protection needs?

The above information may not fully highlight all the product details and features on China Taiping i-Secure II. Talk to us or seek advice from a financial adviser before making any decision about China Taiping i-Secure II.

Read About: Where do you start with financial planning?

Read About: 8 Commonly made financial mistakes by Singaporeans

Compare before you commit

Before committing to a whole life insurance policy, it certainly pays to make an effort to compare. Specific product features, benefits, and payouts will differ more than you think across insurance companies.

Why regret only years later, when you find out that you are not getting the best insurance policy available for the premium paid?

Even worse, to know you can compare whole life insurance plans here,  100% free of charges on the InterestGuru.sg platform.

Is China Taiping i-Secure II suitable for me?

Contact InterestGuru using the form below. Our panel of licensed financial advisers will advise accordingly, based on your financial profile and protection needs.

All financial reviews and proposals provided are 100% free of charge. There will be no obligation to take up any proposed financial products or services in any way.

*For a limited time, get attractive incentives when you take up any products that is proposed by our team of financial planners.

We compare quotations head to head on all leading insurers in Singapore

Before you go...

China Taiping i-Secure II may be a good fit towards your current financial goals. However, there could be way more plans out there with features and/ or benefits that could be more relevant to you at a lower cost.

Drop us a message and find out about customised options across multiple insurance companies. You deserve to get the best out of your hard-earned savings!

I want to know more!