Tokio Marine TM KidStart Review
The complete Pros and Cons on Tokio Marine TM KidStart
Tokio Marine TM KidStart product details
- Life policy – Endowment and Saving policy
- Guaranteed EduFund – Receive 3 payouts which increase progressively over the last 3 policy years – 40%, 45% and 50% of basic sum assured respectively – fully guaranteed, to help cope with rising inflation and tuition fees
- Waiver of premium in the event of specific childhood medical conditions – Waive future premiums for the basic plan should the child be diagnosed with any of the following childhood medical conditions – autism, severe asthma or leukaemia
- Life Insurance Coverage – Provide insurance cover in the event of death and total and permanent disability (TPD) of the child
- Sibling Cover – Offer immediate insurance coverage to the child’s future sibling(s)
- Premium Payment Terms available: 5, 10 or 15 years
- Policy Terms available: Up to age 20, 21, 22 or 23 of the child
Tokio Marine TM Kid Start is a common search alternative for Tokio Marine TM KidStart.
Read About: Endowment and Saving policy: How does it work?
Read About: Endowment and Saving policy: Is it the best option?
Features of Tokio Marine TM KidStart at a glance
Cash and Cash Withdrawal Benefits
Cash value: Yes
Cash withdrawal benefits: Yes
Health and Insurance Coverage
Death: Yes
Total Permanent Disability: Yes
Terminal Illness: No
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
Payer Benefit Rider
Enhanced Payer Benefit Rider
Spouse Rider
Enhanced Spouse Rider
Additional Features and Benefits
Yes.
For further information and details, refer to Tokio Marine website. Alternatively, fill up the form below and let us advise accordingly.
Read about: Effects of compounding returns
Read about: 3 things to consider before taking up a new financial product
Tokio Marine TM KidStart may be suitable if you are looking for
Tokio Marine TM KidStart may potentially be a good fit if the following matters to you:
- Liquidity or flexibility of withdrawal in your Insurance policy.
- A hassle-free application without medical underwriting
- Short to medium term endowment and savings plan
- To saving regularly over a period of time
- To potentially generate higher financial returns compared to bank accounts
Tokio Marine TM KidStart may not be suitable if you are looking for
Tokio Marine TM KidStart may potentially be a bad fit if the following matters to you:
- Health and Protection coverage
- High insurance coverage for Death or Terminal Illness
- Insurance coverage for Early Critical Illness, Critical Illness or Total Permanent Disability
- Lifetime regular cash payout
- A one-time premium commitment with no further cash commitment
- Potentially higher financial returns compared to a pure investment product.
- Insurance policy with a high surrender value in the early years of the policy.
Further considerations on Tokio Marine TM KidStart
- How is Tokio Marine or Tokio Marine TM KidStart investment returns based on historical performance?
- How does Tokio Marine TM KidStart compare with Endowment policy from other insurance companies?
- Can Tokio Marine TM KidStart fulfil my financial, insurance, health and protection needs?
The above information may not fully highlight all the product details and features on Tokio Marine TM KidStart. Talk to us or seek advice from a financial adviser before making any decision about Tokio Marine TM KidStart.
Always ensure your long-term financial goals and objectives are aligned with the financial product you are considering to take up.
Is Tokio Marine TM KidStart suitable for me?
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