Tokio Marine TM Term Assure (II) – Regular premium term plan.
Choose between renewable and convertible (5 or 10 years) or Level and Convertible (11 years up to age 85).
A no-frills non-participating term protection plan that allows you to increase your coverage in line with growing responsibilities at important life milestones.
There are so many ways to show your love. One of the most heartwarming expressions is to provide financial security for your loved ones, ensuring that neither you, nor them, need worry about what the future may bring. Because no matter what life has in store, you want to continue to fulfil their hopes and dreams. Today. And tomorrow.
You would give everything to protect those whom you love. With TM Term Assure (II), you have a plan that helps take care of your protection needs.
Length of coverage (You will be covered to): Up to age 85 at every one-year interval
| Tokio Marine TM Term Assure (II) (Product Details at a glance) | ||
| Cash value and Withdrawal benefit(s) | Yes | No |
|---|---|---|
| Policy cash value | X | |
| Surrender/ Maturity value | X | |
| Renewable/ Convertible features | ||
| Health and Insurance coverage(s) | Yes | No |
| Death coverage | ||
| Terminal Illness coverage | ||
| Total and Permanent Disability coverage | ||
| Critical Illness coverage | ||
| Early Critical Illness coverage | ||
| Optional insurance rider(s) | Yes | No |
| Insurance riders to enhance coverage | ||
| Additional product feature(s) | Yes | No |
| Increase coverage without medical underwriting | ||
| Enjoy guaranteed renewal without medical checks | ||
| Option to convert your policy to other plans | ||
| Get protected at your preferred currency: SGD | ||
| AUD | ||
| EUR or GBP | ||
Supplementary details: TM Term Assure (II) product brochure
Additional product feature(s) on TM Term Assure (II)
Detailed features and unique selling points of TM Term Assure (II):
Increase coverage without medical underwriting
- You may increase your coverage up to a limit without medical underwriting at each of the following key life events without providing further evidence of insurability.
- The defined key life events are: Marriage or divorce, parenthood (newborn or legally adopted child), graduation from tertiary education or property purchase
Enjoy guaranteed renewal without medical checks
- Regardless of your health condition, you can be assured of getting renewed coverage based on the sum assured of your ManuProtect Term plan.
- Premiums payable for the renewed policy will be based on your attained age and the prevailing premium rates at the date of renewal.
Option to convert your policy to other plans
- You are allowed to fully or partially convert the basic policy to a selected range of endowment or whole life plan from Tokio Marine available at the point of conversion, without further medical underwriting.
Get protected at your preferred currency: SGD, AUD, EUR, GBP, USD
- Have the flexibility to stay protected and have your coverage from a range of currency from SGD, AUD, EUR or GBP. You will also pay your insurance premium in the same currency that you wish to have your coverage in.
Additional riders for TM Term Assure (II)
The following riders can be added on to your TM Term Assure (II) at an additional cost for greater assurance to your health and protection goals:
- Critical Illness (CI) Accelerator Rider – Accelerates the death benefit of the basic plan, up to the rider’s sum assured, upon the diagnosis of any of the covered CIs.
- Early Critical Illness (CI) Accelerator Rider – Covers medical conditions and procedures arising from critical illnesses at 3 different stages of severity (Early, Intermediate and Advanced Stages), as well as Juvenile Conditions and Special Conditions
- Protect 1 Lite Rider – Pays out monthly benefits for 6 years upon the loss of ability to perform any one of the Activities of Daily Living (ADL).
- Waiver of Premium Rider & (Enhanced) Payer Benefit Rider – Future premiums will be waived in the event of Death, Total and Permanent Disability and/or upon diagnosis of any of the covered CIs.
- KidAssure GIO Rider – Covers death, child-related illnesses and hospitalisation benefit. In addition, 80% of premiums paid will be refunded upon the rider’s maturity at age 19.
Who should take up an TM Term Assure (II)
TM Term Assure (II) is a term life insurance plan. This category of insurance plans are suitable or unsuitable depending on the following factors:
TM Term Assure (II) is suitable for
- Insurance coverage in the event of death
- Affordable premiums for the highest insurance coverage
- Flexibility to increase your coverage at important milestones in life
- To enhance or supplement existing coverage due to a shortfall
- Coverage for critical illness (with additional riders)
- Coverage for early critical illness (with additional riders)
- Allowing multiple claims across all stages of critical illness (early, immediate and advance)
- Options to waive off future insurance premium in the event of disability, critical illness or early critical illness (with additional riders)
TM Term Assure (II) is not suitable for
- Protection plan with savings/ cash value or investment returns
- Insurance coverage for a lifetime (coverage term up to age 85 only)
- Protection plan with guaranteed issuance (medical underwriting may be required)
- A one-time premium commitment with no further payment required
Sample policy illustration for TM Term Assure (II)
Coming soon.
Learn more about TM Term Assure (II)
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