Tokio Marine TM Term Assure II Review

The complete Pros and Cons on Tokio Marine TM Term Assure II

Tokio Marine TM Term Assure II is a term life plan with flexible choices of the policy term to fit your insurance protection needs with the option to convert to another whole life or endowment later on.

Tokio Marine TM Term Assure II product details

  • Non-participating policy – Term policy
  • Pay premiums in SGD, USD, GBP or AUD
  • You can choose to convert this policy to a whole life or endowment plan with no health checks needed
  • You can choose to increase your coverage at key milestones
  • You can renew this policy with no health questions asked
  • Optional riders available to cover you against critical illnesses and premium waivers
  • Insurance Coverage
    • Be covered 100% of Sum Assured against Death, Total and Permanent Disability, and Terminal Illness
  • Policy Term; 2 options
    • Renewable: 5 – 10 years (premiums increase as you age per renewal)
    • Level: 11 years up to age 85 (premiums stay the same even as you age

Read AboutTerm Policy: How does it work?

Read About3 things to consider before taking up a new financial product

Tokio Marine TM Term Assure II at a glance

Cash and Cash Withdrawal Benefits

Cash value: Yes
Cash withdrawal benefits: No

Health and Insurance Coverage

Death: Yes
Total Permanent Disability: Yes
Terminal Illness: Yes
Critical Illness: No (Yes with rider)
Early Critical Illness: No (Yes with rider)

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

  • Protect 1 Lite Rider
  • KidAssure GIO Rider
  • Waiver of Premium Rider & Enhanced Payer Benefit Rider
  • Early Critical Illness Accelerator Rider
  • Critical Illness 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.

Read Also: No budget for financial planning?

Tokio Marine TM Term Assure II may be suitable if you are looking for

Tokio Marine TM Term Assure II may potentially be a good fit if the following matters to you:

  • High insurance coverage against Death, Total and Permanent Disability, and Terminal Illness
  • High insurance coverage against Early Critical Illness and Critical Illness
  • Premiums stay the same and don’t increase as you age if you choose Level
  • Looking to boost insurance coverage or fill shortfalls in your insurance portfolio
  • Insurance policy that gives you the full coverage amount when you reach age 99

Tokio Marine TM Term Assure II may not be suitable if you are looking for

Tokio Marine TM Term Assure II 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 TM Term Assure II

  • How is Tokio Marine or Tokio Marine TM Term Assure II payout and claims based on past track record?
  • How does Tokio Marine TM Term Assure II compare with Term policies from other insurance companies?
  • Can Tokio Marine TM Term Assure II fulfill my financial, insurance, health, and protection needs?

The above information may not fully highlight all the product details and features on Tokio Marine TM Term Assure II. Talk to us or seek advice from a financial adviser before making any decision about Tokio Marine TM Term Assure II.

Always ensure your long-term financial goals and objectives are aligned with the financial product you are considering to take up.

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Is Tokio Marine TM Term Assure II suitable for me?

Contact InterestGuru using the form below. Our panel of Independent 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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Step 1: Getting to know you…

Let's start with a introduction of your personal profile. Please note that your current age and gender affects the insurance premium you have to pay for your term life plan.

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Birthdate:

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Step 2: Understanding your coverage needs…

Please select the amount and period of coverage that is needed for this term life plan.

How much life coverage (sum assured) do you need:

This insurance coverage is needed to the age (policy term) of:

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Before you go...
Tokio Marine TM Term Assure II may be a good fit towards your current financial goals. However, there could be way more plans out there with features and/ or benefits that could be more relevant to you at a lower cost.
Drop us a message and find out about customised options across multiple insurance companies. You deserve to get the best out of your hard-earned savings!
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