NTUC Income ITerm Review
The complete Pros and Cons on NTUC Income iTerm
NTUC Income ITerm has been discontinued. For further information and details about this plan, fill up the form below and let us advise you accordingly.
NTUC Income iTerm product details
- Non-participating policy – Term policy
- High insurance coverage at affordable premiums
- Pays the sum assured in the event of death, total and permanent disability (TPD before age 70) or terminal illness
- Enjoy the option of extending your coverage after your policy expires. We will guarantee renewal of your policy and you may be covered to a maximum age of 84
Read About: Term Policy: How does it work?
Read About: 3 things to consider before taking up a new financial product
Features of NTUC Income iTerm at a glance
Cash and Cash Withdrawal Benefits
Cash value: No
Cash withdrawal benefits: No
Health and Insurance Coverage
Death: Yes
Total Permanent Disability: Yes
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
Payor Premium Waiver
Enhanced Payor Premium Waiver
Dread Disease Premium Waiver
Living Rider
Additional Features and Benefits
Yes.
Read Also: No budget for financial planning?
NTUC Income iTerm may be suitable if you are looking for
NTUC Income iTerm 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
NTUC Income iTerm may not be suitable if you are looking for
NTUC Income iTerm 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 NTUC Income iTerm
- How is NTUC Income or NTUC Income iTerm payout and claims based on past track record?
- How does NTUC Income iTerm compare with Term policy from other insurance companies?
- Can NTUC Income iTerm fulfil my financial, insurance, health and protection needs?
The above information may not fully highlight all the product details and features on NTUC Income iTerm. Talk to us or seek advice from a financial adviser before making any decision about NTUC Income iTerm.
Always ensure your long-term financial goals and objectives are aligned with the financial product you are considering to take up.
Is NTUC Income iTerm 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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