With term life insurance, you’re looking at coverage for a fixed period of time, usually 10, 20, or 30 years. The coverage will typically last until you’re 75 years old, and you’ll be paying a monthly premium during the term. In the instance that you pass away before 75 years old, or you’re diagnosed with any form of terminal illness or total permanent disability, the beneficiaries – your family for example – will receive the lump-sum payout you were assured of.
Depending on your age and health status, you can opt for a shorter or longer policy to ensure your loved ones are financially cared for. Due to this flexibility, term life insurance is popular in Singapore. Your term life insurance coverage will continue as long as you pay the premiums and have not reached the end of your agreed term. Once your term has expired, you can choose to conveniently renew your policy with Bubblegum, and keep those bubbles of protection going.
The best term life insurance plans are tailored according to your coverage needs and budget. Explore Bubblegum’s term life insurance monthly costs so that you can do a quote comparison for the best rates. You’ll soon realise what a sweet deal we’re offering! Our term life insurance prices are listed according to age and gender for your easy online reference. Drop us a message for your enquiries and we will get back to you as soon as possible.