Tokio Marine Wealth Aspire Review
The complete Pros and Cons on Tokio Marine Wealth Aspire
Tokio Marine Wealth Aspire is a no-frills single premium whole life investment linked policy. Invest a single premium from $5,000 with cash or SRS.
Tokio Marine Wealth Aspire product details
- Life Policy – Investment-linked policy
- Single Premium Investment Linked Policy (ILP)
- Invest a single premium from as low as $5,000
- Single premium is payable with Cash or SRS
- Death Coverage
- Receive 105% of Single Premium in the event of death
- ILP Flexibility
- Top up; invest more or switch funds at no extra cost
- Make withdrawals based on changing life stages
- Liquidate this ILP at any time, with no surrender penalty
- Diverse Funds Selection
- Choose an investment portfolio based on your risk appetite
- Guaranteed Acceptance
- No medical checks are required to take up this investment plan
Read about: Investment-Linked Policy: Is it the best option?
Read about: 3 best Investment Linked Policies in Singapore (Updated)
Features of Tokio Marine Wealth Aspire 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
Nil
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.
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Tokio Marine Wealth Aspire may be suitable if you are looking for
Tokio Marine Wealth Aspire may potentially be a good fit if the following matters to you:
- Investment linked policy payable with SRS
- To participate in the long-term financial returns of investing
- A full-forced investment-linked policy with minimal insurance coverage
- Able to take investment risks and comfortable with financial market volatility
- Investment with a single premium option, no further financial commitment
- Potentially higher financial returns compared to traditional Endowment and Whole Life policies.
- Insurance options without medical underwriting
Read about: An introduction to Investment Linked Policy
NEW Feature: Compare investment-linked policies across insurance companies using the CompareNOW feature on InterestGuru.sg.
Tokio Marine Wealth Aspire may not be suitable if you are looking for
Tokio Marine Wealth Aspire may potentially be a bad fit if the following matters to you:
- Health and Protection coverage
- High Death and Terminal Illness coverage
- Insurance coverage for Early Critical Illness, Critical Illness or Total Permanent Disability
- Guaranteed financial returns in the long run
- Regular-pay premium term investment plan (e.g. pay premiums for 5/10/15 years)
- Insurance policy with a high surrender value in the early years of the policy
- Expecting an urgent need for withdrawal during a financial market downturn
Further considerations on Tokio Marine Wealth Aspire
- How is Tokio Marine or Tokio Marine Wealth Aspire investment returns based on historical performance?
- How does Tokio Marine Wealth Aspire compare with Endowment policies from other insurance companies?
- Can Tokio Marine Wealth Aspire fulfill my financial, insurance, health, and protection needs?
The above information may not fully highlight all the product details and features of Tokio Marine Wealth Aspire. Talk to us or seek advice from a financial adviser before making any decision about Tokio Marine Wealth Aspire.
Always ensure your long-term financial goals and objectives are aligned with the financial product you are considering taking up.
Where can I compare the payout and benefits of Investment Linked Policies?
Before committing to an insurance policy, it certainly pays to make an effort to compare. Specific product features, benefits, and payouts will differ more than you think across insurance companies. Why regret only years later, when you find out that you are not getting the best insurance policy available for the premium paid?
Use our Compare NOW feature to receive the most competitive quotes on Investment linked Policies.
Alternatively, you just need to provide us with a couple of details below.
Is Tokio Marine Wealth Aspire suitable for me?
Contact InterestGuru using the form below. Our panel of partnered financial planners will advise accordingly, based on your financial profile and protection needs.
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