Tokio Marine TM Basic Term product details
- Non-participating policy – Term policy
- Provides coverage against
- Death
- Total and Permanent Disability(TPD) and
- Terminal Illness (TI)
- Choice of 3 coverage options:
- 5 year term with guaranteed renewal privilege up to age 85;
- 20 year term; or
- Up to age 65
- Renew your coverage period without any medical underwriting, even after your selected policy term has ended
Read About: Term Policy: How does it work?
Read About: 3 things to consider before taking up a new financial product
Features of Tokio Marine DIRECT – TM Basic Term at a glance
Cash and Cash Withdrawal Benefits
Cash value: No
Cash withdrawal benefits: No
Health and Insurance Coverage
Death: Yes
Total Permanent Disability: Yes
Terminal Illness: Yes
Critical Illness: No
Early Critical Illness: No
Health and Insurance Coverage Multiplier
Death: No
Total Permanent Disability: No
Terminal Illness: No
Critical Illness: No
Early Critical Illness: No
Optional Add-on Riders
DIRECT- Critical Illness (CI) Accelerator Rider
Additional Features and Benefits
Yes.
For further information and details, refer to Tokio Marine website. Alternatively, fill up the form below and let us advise accordingly.
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Tokio Marine DIRECT – TM Basic Term may be suitable if you are looking for
Tokio Marine DIRECT – TM Basic Term may potentially be a good fit if the following matters to you:
- High Health and Protection coverage
- High insurance coverage for Death or Terminal Illness
- High insurance coverage for Early Critical Illness, Critical Illness or Total Permanent Disability
- Lower initial premium compared to other types of insurance policies
- Looking to boost insurance coverage or fill shortfall in insurance portfolio
Tokio Marine DIRECT – TM Basic Term may not be suitable if you are looking for
Tokio Marine DIRECT – TM Basic Term may potentially be a bad fit if the following matters to you:
- Long-term cash accumulation
- Regular cash payout
- A one-time premium commitment with no further cash commitment
- Insurance policy with a surrender value.
Further considerations on Tokio Marine DIRECT – TM Basic Term
- How is Tokio Marine or Tokio Marine DIRECT – TM Basic Term payout and claims based on past track record?
- How does Tokio Marine DIRECT – TM Basic Term compare with Term policy from other insurance companies?
- Can Tokio Marine DIRECT – TM Basic Term fulfil my financial, insurance, health and protection needs?
The above information may not fully highlight all the product details and features on Tokio Marine DIRECT – TM Basic Term. Talk to us or seek advice from a financial adviser before making any decision about Tokio Marine DIRECT – TM Basic Term.
Always ensure your long-term financial goals and objectives are aligned with the financial product you are considering to take up
Is Tokio Marine TM Basic Term suitable for me?
Contact InterestGuru using the form below. Our panel of licensed financial advisers will advise accordingly, based on your financial profile and protection needs.
All financial reviews and proposals provided are 100% free of charge. There will be no obligation to take up any proposed financial products or services in any way.
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