Term Insurance

If you are a savvy investor, buy term and invest the rest “btitr” may be the best financial decision you can ever make to protect and grow your asset at the same time. A plain vanilla term insurance with the right riders can provide you with a comprehensive suite of coverage to ease any burdens should you be struck by unfortunate life circumstance.

Get the most for less with a Term Insurance Plan

The reason why it’s called a term insurance is because it has a specified time and sum assured to cover the insured for.

Get the Best Term Insurance Plan

Protect your love ones during your productive years, there is no better way to eliminate your family’s financial burden upon your demise than by getting a term plan.

Available filters for Comparison on our aggregator.

  • Coverage Term of till age 65 or 100 years
  • Sum Assured of 500,000 or 1,000,000 or 1,500,000 for Death and TPD
  • Rider Options can be added at full sum assured for Advance Stage CI
  • Age Range from Age 20,25 30-50, 55 & 60
  • Gender options for male and female

We will further customize a quote for you once we receive your enquiry to cater to your individual preference

Rider options

Enjoy your one size fit all life coverage with the following riders that can be added to your term insurance plan

  • Total and Permanent Disability
  • Advance Stage Critical Illness
  • Early Stage Critical Illness
  • Disability Income
  • Multiple Claim Critical Illness
  • Personal Accident

Term Insurance Plans We Compare & Current Promotion

  • NTUC iTerm/Term life Solitaire (20% off First year Premium till 31st Jan 2022)
  • AXA Term Protector/Term Protector Prime (40% Perpetual Discount till 30th November 2021)
  • Manulife Signature Term II
  • Tokio Marine Term Assure II
  • HSBC Term Protect Advantage
  • AIA Secure Flexi Term
  • China Taiping iProtect (20% off First Year Premium till 31st October 2021)
  • Etiqa Essential Term Life Cover

A Sneak peek of our aggregator

Term InsuranceThe biggest advantages of getting a term plan is helping you save a great deal of money for your protection needs.

Make use of our Moneyline.SG web comparison tool to find the most suitable coverage base on your needs. Upon your request, a licensed FA representative will draft you a customized plan based on the information you have communicated. Their service is 100% free and there is no obligation to take up any products from them.

Alternatively, answer 3 Specific Term Life Insurance Question to Customize your Preference

  • By clicking the "Contact me" button below and submitting your personal data on this form, you consent and agree to Moneyline.SG and third party licensed representatives to collect, use and disclose your personal data for the sole purpose of contacting you to provide you with marketing and promotional information relating to the products and/or services offered and/or distributed via email, call and/or text messages/SMS.


What is a Term insurance?

A term life Insurance is a life insurance product that simply pays out a lump sum to your beneficiary upon your death. It has a term limit which if passed will result in the termination of the policy coverage.

What are the other features and benefit?

Term insurance comes with a few features such as a guaranteed renewability, insurability and convertibility options.

What is a guaranteed renewability option?

The guaranteed renew-ability option in a term insurance plan allows the life assured to renew the policy upon its due date without the need to go through a medical underwriting.

What is a convertibility option?

The convertibility option lets the policy owner/life assured convert their term plan into an endowment or whole life insurance policy.

What is the guaranteed insurability option?

Some companies also have a guaranteed insurability option which allows the insured to increase their coverage upon certain life events such as:

  • Getting married
  • Having a new born
  • Complete their studies
  • Buying a new property

What are the riders available?

Some riders include but are not limited to:

  • Total and Permanent Disability
  • Advance Stage Critical Illness
  • Early Stage Critical Illness
  • Disability Income
  • Multiple Claim Critical Illness

What are the number of years you can cover for?

A Term insurance can provide you coverage from as short as one year or up till the age of 99.

What will be the common age range a person will choose provide coverage for?

The common choice for an insured will be to provide coverage until age 65 or 70 when they are retired or when they have fully abstained themselves from any liabilities or financial commitment to their dependents.

Are there any limited payment term plans?

Yes. AXA Term Protector and HSBC Term Protect Advantage

Are the premium for Term Insurance Plan Guaranteed?

For most companies, the premium for the death benefit and total and permanent disability benefits are guaranteed.

Premiums for riders such as early stage critical illness and advance stage critical illness are not guaranteed and may be subjected to change in relation to the insurer’s future claim experience.

How does Term Insurance Compare with a Whole Life Insurance Plan?

A significant aspect of term life insurance is the absence of cash value. In contrast to a whole life insurance, most term life insurance does not provide any return should the policyholder surrender or terminates the plan. As a result, the premiums are usually much affordable as compared to taking up a whole life insurance.

Why should I get Term Insurance?

There are many reasons why you should get life insurance coverage, the main reason is to provide financial stability to your dependents should you die or become unable to work due to your disability or illnesses. Other reasons can be to ensure your liabilities, such as your mortgage loan, is fully paid upon your death so your dependents will not have to inherit the burden.

Business owners or corporations can get protection on their key staffs to provide compensation for their family members or to themselves within their employment period.

Given the cost and time specific requirement, getting a term life insurance may be the most efficient and economical way for an individual or company to manage a part of their financial risks.

Get an online quote

  • Low premium for high coverage
  • Ability to decide on the length of coverage
  • Riders may be added to provide more valued and comprehensive coverage
  • Have a limited coverage period
  • No cash value

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