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Tuesday, December 4, 2007

Term Insurance is guaranteed for the duration

Dear Mr. Tan

Is Term insurance subject to review on renewal, e.g. for some health condition, they don't insure?

REPLY:

The Term insurance is guaranteed to be renewable at the same premium rate for the entire term, regardless of your future state of health. If you take a Term insurance to age 65, the renewability is guaranteed to 65.

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