Term Life Insurance in Singapore

What is a term life insurance plan?

Term life insurance plan, known as term insurance plan or term policy, provides financial coverage for a specified coverage term. They are typically more affordable than whole life insurance plans as term life insurance plans do not have any cash value at the end of the policy term. 

How to choose a term life insurance plan? 

Choose a term life insurance policy that provides you with sufficient protection coverage for your desired coverage term. Factors for consideration include your current age, number of dependents you have and whether you have existing debts like mortgage loans.  

Why choose Manulife's term life insurance plans? 

Manulife has a range of affordable term life insurance plans, so you can protect yourself and your family financially against life's uncertainties within your budget. Designed to meet your needs at every stage of your life, our term insurance plans have different coverage term available with some plans offering to convert to a whole life insurance policy should your protection needs evolve over time, such as ManuProtect Term (II). This ensures your protection can keep up with your lifestyle when you are ready to commit. If you have a home loan that you are still financing, a decreasing term insurance such as ManuProtect Decreasing (II) can financially buffer the mortgage with decreasing coverage, ensuring that you are covered for what you really need.