If you are male 20 years and you wish to insure $100,000 for 20 years:
NTUC Income: monthly premium of $13.40 fixed for 20 years. Total: $3,216
Aviva: monthly premium of $20 for first 10 years, and $30 for next 10 years. Total $$6600
Conclusion: the premium payable to Aviva is 2 times of NTUC Income. It is better to buy the term insurance from NTUC Income.
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