First published: 25 September 2022 @ 6:00 pm
Choosing the right insurance company for your life is important, as the best one can make all the difference to how well you manage your money in the future. So, what is the best Singapore life insurance?
As you are looking for the best life insurance company in Singapore, you need to consider things like:
– What will be your needs?
– How much money do you want to spend?
– What is your financial situation like?
– Do you have any health issues or pre-existing conditions? If so, how bad are they? Will they affect your life insurance policy?
– How much coverage do you need in case of an accident or sickness?
These questions are important because they will tell you what kind of life insurance policy you need to get.
You also need to consider other factors. For example, the length of your coverage period, how much of your premium goes to the policy, and if it is worth investing in a long-term life insurance plan.
Who are Singapore’s Top 5 Insurance Companies?
1. Aviva MyWholeLifePlan III
In many life stages, you will want to choose a policy with flexible benefits. This means that you can choose the benefits you want, so you get the most value for your money.
That is why Aviva’s MyWholeLifePlan III policy is the best Singapore life insurance plan for this purpose. You can choose what your cover is worth and get different benefits depending on how much coverage you want.
Aviva’s MyWholeLifePlan III has flexible options in case of death, illness, maternity, childbirth and more. It also comes with some good tax benefits for retirement and investing in the future.
The policy also has affordable premiums and several options that allow you to tailor your policy as needed.
As a bonus, you can get full protection at an affordable price with Aviva’s life insurance plans in Singapore! Visit their website today to see how they can help you protect your family and ensure a secure future!
2. Manulife LifeReady Plus
Their life coverage offers you a 24-hour life assurance helpline service for customers, which is one of the best features.
Manulife Life is considered being one of the top life insurance companies in Singapore, so you can trust them to give you a policy that will suit your needs.
In addition, the plan is simple to renew as well, so there is no need to worry about how long it will take you to renew your policy. You can easily renew your policy with Manulife Life after one year.
This makes the insurance even more affordable and practical for most Singaporeans who want a life insurance policy.
It’s a brilliant choice if you are looking for a long-term life insurance plan that covers all your needs in case of death or disability.
3. NTUC Income Star Assure
Your financial adviser has told you that you need to get a life insurance policy, and you are wondering what type of life insurance policy is best for you.
The NTUC Income Star Assure is one of the best options for people who want to protect their assets.
This plan covers the basic needs of an average Singaporean family and also help you take care of your loved ones. It will also protect your financial future in case of an emergency.
It has a very generous coverage period, so you can get life insurance protection for a long time. It also has a modest amount of premiums that you need to pay every month.
So, it is ideal for people who are looking for basic life insurance protection and also want to get their money back if they need to in the future.
The good thing about this plan is that it will cover your medical expenses and dental costs. You do not have to worry about your finances when you are recovering from an illness or injury.
4. Singlife Term Life Series Two
If you are an older adult and want to buy a life insurance policy with high coverage for medical, hospitalisation and accidental death needs, then the Singlife Term Life Series Two is one option you should consider.
This plan offers great coverage for medical and hospitalisation needs and accidental death.
You also get cover in case of sickness, pregnancy and pre-existing conditions. The policy protects all ages, so it covers individuals up to the age of 70 years old.
The plan also offers cover in case of serious illness or injury during the term of your policy. It means that if you have any health problems before purchasing the policy, they will be covered by the insurance company.
However, if you are looking for a cheaper option than what is offered by other companies in Singapore, then this is one plan that is worth considering.
It provides good value for money when compared to other plans available on the market. This plan has been designed with flexibility in mind.
5. TM Legacy LifeFlex
If you’re looking for the best financial advice, check out our list of the best financial advisors in Singapore.
This life insurance plan is ideal for those who want to pay off their debts and invest in the future. It offers low monthly premiums, flexible policy options, and a very good return on investment.
The company also has a nice rewards program can earn your money with every dollar you save with them.
TM Legacy LifeFlex has very low-cost insurance plans that can be purchased online or over the phone. You also have access to an accident benefits package if you are involved in an accident or illness during your term.
There are also some other optional extras like critical illness coverage and legal expenses coverage that can be added on at additional costs.
Protect Your Every Life Stages
Choosing the best life insurance policy is important because it will help you manage your finances in the future.
If you do not have a good policy, then you may find yourself in trouble in the future when you need to make payments for your medical and other insurance needs.
The above options are great choices for those who want to buy a life insurance policy.
Our blog, HandyWork, is all about helping you manage your money, with practical tips on how to do so.
If you want to learn more about Singapore life insurance, then you can visit our website now!