Singlife

Singlife Term Life Series Two is a term life insurance plan which covers you for death, terminal illness, and total and permanent disability for a base sum assured between S$50,000 to S$400,000. You can choose how many years you want your coverage for – 5 years, 20 years, or up to 65 years old. You will have the option of a critical illness rider to extend your coverage.

In a nutshell, Singlife Term Life Series Two is a term life insurance plan which you can fully purchase and manage online via Singlife's easy-to-use and clear website. Its benefits are straightforward – base sum assured between S$50,000 and S$400,000, covers you for death, terminal illness, and total and permanent disability, and you can add a critical illness rider. However, the only drawback is the shorter coverage duration – 5 years, 20 years, or until 65 years old. This makes it suitable for individuals who want a short-term life insurance plan to insure themselves while their children are still financially dependent on them.