Term with critical illness cover

Hi Mr Tan,

I am 30 year old, looking to buy life insurance. I understand that you advocate buying Term and investing the difference.

I wish to buy Term and also cover critical illness. However, my insurance agent think there is no point in buying this product. What is your advice?

REPLY

Your agent wants you to buy "whole life" critical illness policy for a large sum, so that he or she can earn a high commission on the policy.

Read this FAQ to make the best choice.
http://www.tankinlian.com/faq/choice.html

You can also read another posting in this blog to show how much you can get by investing the difference, compared to the cash value under the whole life policy.