Tokio Marine TM Wealth Enhancement (CashBack) Review
The complete Pros and Cons on Tokio Marine TM Wealth Enhancement (CashBack)
Tokio Marine TM Wealth Enhancement (CashBack) product details
- Life policy – Endowment and Saving policy
- Single Premium
- Available for age 19 and above
- Provides:
- Guaranteed annual cash benefits
- Coverage against death and Accidental Death
- Guaranteed Acceptance (no medical underwriting is required)
- Policy Term available: 8, 10, 15 or 20 years
- Available for Cash and SRS investment
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 Wealth Enhancement (CashBack) at a glance
Cash and Cash Withdrawal Benefits
Cash value: Yes
Cash withdrawal benefits: No
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
NA
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 Wealth Enhancement (CashBack) may be suitable if you are looking for
Tokio Marine TM Wealth Enhancement (CashBack) may potentially be a good fit if the following matters to you:
- A one-time premium commitment with no further cash commitment
- Usage of CPF SRS funds to acheive higher financial returns
- 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 Wealth Enhancement (CashBack) may not be suitable if you are looking for
Tokio Marine TM Wealth Enhancement (CashBack) 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
- 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 Wealth Enhancement (CashBack)
- How is Tokio Marine or Tokio Marine TM Wealth Enhancement (CashBack) investment returns based on historical performance?
- How does Tokio Marine TM Wealth Enhancement (CashBack) compare with Endowment policy from other insurance companies?
- Can Tokio Marine TM Wealth Enhancement (CashBack) 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 Wealth Enhancement (CashBack). Talk to us or seek advice from a financial adviser before making any decision about Tokio Marine TM Wealth Enhancement (CashBack).
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 Wealth Enhancement (CashBack) suitable for me?
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