Tokio Marine TM Retirement Secure Review
The complete Pros and Cons on Tokio Marine TM Retirement Secure
Tokio Marine TM Retirement Secure product details
- Life policy – Annuity
- Pays a stream of guaranteed annual cash benefits for either 10 or 20 years starting from your selected payout age
- Death coverage is provided
- Two premium payment term options – 5 or 10 years
- Four retirement payout age options – 50, 55, 60 or 65
- Two retirement payout period options – 10 or 20 years
- Hassle-free application with no medical underwriting
- Capital is guaranteed upon selected payout age
- Option to reinvest your yearly cash benefits to earn an interest
Read About: Effects of compounding returns on your investments
Features of Tokio Marine TM Retirement Secure at a glance
Cash and Cash Withdrawal Benefits
Cash value: Yes
Cash withdrawal benefits: Yes
Health and Insurance Coverage
Death: Yes
Total Permanent Disability: No
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
Cancer Waiver Rider
(Enhanced) Payer Benefit Rider
Cancer Income 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: 3 things to consider before taking up a new financial product
Tokio Marine TM Retirement Secure may be suitable if you are looking for
Tokio Marine TM Retirement Secure may potentially be a good fit if the following matters to you:
- Regular cash payout
- Saving regularly over a period of time
- Insurance options without medical underwriting
- Do not need access to the funds until retirement
- To potentially generate higher financial returns compared to bank accounts
Tokio Marine TM Retirement Secure may not suitable if you are looking for
Tokio Marine TM Retirement Secure 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
- Lump sum payout upon maturity
- 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 Retirement Secure
- How is Tokio Marine or Tokio Marine TM Retirement Secure investment returns based on historical performance?
- How does Tokio Marine TM Retirement Secure compare with Endowment policy from other insurance companies?
- Can Tokio Marine TM Retirement Secure 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 Retirement Secure. Talk to us or seek advice from a financial adviser before making any decision about Tokio Marine TM Retirement Secure.
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 Retirement Secure 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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