Etiqa Essential Term Life Cover Review
The complete Pros and Cons on Etiqa Essential Term Life Cover
Etiqa Essential Term Life Cover details
- Non-participating policy – Term policy
- Get coverage starting from S$400,000, in the event of death or terminal illness during the policy term.
- Enjoy the option to increase your sum insured without proof of good health upon a key life event such as graduation from tertiary education, changes in marital status, purchase of a property, the birth or adoption of a child, you or your child’s enrolment into tertiary education.
- Enjoy the option to convert your policy to any Singapore dollar-denominated new endowment or whole life policy available at the point of conversion, without proof of good health.
- Enhance your coverage with Advanced CI rider, Early CI rider, Extra disability care rider and Extra secure waiver rider.
Read About: Term Policy: How does it work?
Read About: 3 things to consider before taking up a new financial product
Features of Etiqa Essential Term Life Cover at a glance
Cash and Cash Withdrawal Benefits
Cash value: No
Cash withdrawal benefits: No
Health and Insurance Coverage
Death: Yes
Total Permanent Disability: No
Terminal Illness: Yes
Critical Illness: No
Early Critical Illness: No
Health and Insurance Coverage Multiplier
Death: No
Total Permanent Disability: No
Terminal Illness: No
Critical Illness: No
Early Critical Illness: No
Optional Add-on Riders
- Advanced CI rider
- Early CI rider
- Extra disability care rider
- Extra secure waiver rider
Additional Features and Benefits
Yes.
For further information and details, refer to Etiqa website. Alternatively, fill up the form below and let us advise accordingly.
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Etiqa Essential Term Life Cover may be suitable if you are looking for
Etiqa Essential Term Life Cover may potentially be a good fit if the following matters to you:
- High Health and Protection coverage
- High insurance coverage for Death or Terminal Illness
- High insurance coverage for Early Critical Illness, Critical Illness or Total Permanent Disability
- Lower initial premium compared to other types of insurance policies
- Looking to boost insurance coverage or fill shortfall in insurance portfolio
Etiqa Essential Term Life Cover may not suitable if you are looking for
Etiqa Essential Term Life Cover may potentially be a bad fit if the following matters to you:
- Long-term cash accumulation
- Regular cash payout
- A one-time premium commitment with no further cash commitment
- Insurance policy with a surrender value.
Further considerations on Etiqa Essential Term Life Cover
- How is Etiqa or Etiqa Essential Term Life Cover and claims based on past track record?
- How does Etiqa Essential Term Life Cover compare with Term policy from other insurance companies?
- Can Etiqa Essential Term Life Cover fulfil my financial, insurance, health and protection needs?
The above information may not fully highlight all the product details and features on Etiqa Essential Term Life Cover. Talk to us or seek advice from a financial adviser before making any decision about Etiqa Essential Term Life Cover.
Always ensure your long-term financial goals and objectives are aligned with the financial product you are considering to take up.
Is Etiqa Essential Term Life Cover 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.
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