Insurance ... need help

[Dlar2]

Don't feel like talking to agents but instead wants some advise from you folks.

I want an insurance that covers illness, those 30 illness... and something like term insurance. Pay yearly but no returns.

Any advise, which company? AIG?

[YellowFlash]

if u want insurance that covers 30 illness, theres either a life insurance with an attached critical illness/dread disease rider or you can get a standalone critical illness/dread disease coverage, usually for standalone plan, the premium is not level, it increases with age. Term insurance is purely for death/total permanent disability, Term and critical illness coverage doesnt have returns.

There are many companies you can actually look at, eg: AIA, Prudential, Great Eastern, Manulife, Aviva, NTUC...it purely depends on your preference or maybe how price sensitive you are.

why i know so much? cuz im in this business too, im not sure if u'll take my advise but if you really want some advise, its always good to seek the professionals rather than people who assumes this and that. i hope my advise does help and have a nice day, if i have questions you can juz pm me, dont worry i dont charge a fee for replying =p

[Fredrico]

AXA has a good critical illness term plan.

[Othello]

this is straight forward : All insurers will have this plan. Just pick the one with the lowest prem or the insurer you like best ........ : )

You might also want to consider decreasing term .........

 

Note : Do a search on the internet regardinn different companies' definition of pre-existing illness ..... its impt !

[Dlar2]

What is decreasing term?

Where to find the definition of different company's illness definitions?

Thanks a lot.

[Guyver]

I am looking for this same type of insurance also.

 

Got a few quotes already.

 

Basically 2 types :

 

- Only covers Death and Total Permanant Disability

 

- Cover Death, Total Permanant Disability and 30 Critical Illness with Accelerated payout.

 

So far from my findings ..... the latter is about 70% more in premium.

[Slayer]

please go talk to agents.

 

Forummer like us can give u ideas, but pieces here and there will do more harm than good. :)

[Speddevil]

Since you do not like agents, can go directly to the Insurer. Get the underwriter to explain to you the terms