Many have heard that Singapore’s term life insurance offers high leverage and great value, but there are common doubts:
Is a medical check-up required?
Can I buy it without a Singapore bank account?
Will the payout really be transferred to a bank account outside of Singapore?
Is remote application possible?
You can apply remotely without a medical check-up for coverage up to SGD 2 million (subject to terms and conditions).
You don’t need a Singapore bank account. A designated bank credit card (Visa/Master) will do. Partner banks differ by country.
For claims, just contact me directly. We have successfully handled a case where SGD 500,000 in death benefits was paid to a beneficiary’s bank account in China.
Your age, coverage amount, and policy term affect the premium. For example, the younger you are when you apply, the cheaper it is. Higher coverage and longer terms generally mean higher premiums.
Example:
A 40-year-old male, non-smoker, insured until age 65 (35 years), with a coverage amount of SGD 1,000,000.
The annual premium is less than SGD 1,000.
I’ve personally helped clients from different countries apply remotely, including China, Hong Kong, Taiwan, Malaysia, and Indonesia. They all understand the importance of insurance and believe:
“Buying insurance is not about changing your life, but about preventing life from being changed.”
If you’d like to learn more about Singapore term life insurance or get a personalized quote, feel free to contact me!
WhatsApp: +65 86802340
WeChat: lidwinabq
Important: The information and opinions in this article are for general information purposes only. They should not be relied on as professional financial advice. Readers should seek unbiased financial advice that is customised to their specific financial objectives, situations & needs. This advertisement or publication has not been reviewed by the Monetary Authority of Singapore.
With 5+ years in client service, I’m passionate about delivering personalized financial planning that puts your best interests first. Backed by 150+ business partners, I tailor solutions to help you reach your financial goals.
Contact me now to request for a quotation or schedule a coffee session for further discussion. See you soon!
拥有5年以上客户服务经验,我致力于提供以客户利益为先的个性化理财规划。依托150多位业务伙伴,我为您量身定制方案,助您实现财务目标。
欢迎咨询,随时为您准备方案!
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