Short post! Chanced upon quite a number of blog posts recently on insurance and the monthly premiums that people are paying. Thought I’ll chip in with mine –
Currently, I’m covered under what you would call a Term + Critical Illness policy with NTUC Income. I’m a male non-smoker, and I took up the policy when I was 29 years old, for a period of 30 years. This is my core policy, which insures for an amount of $200,000.
My monthly premium is $68.90.
Any time I have more money to spare, I would top up my coverage via Aviva’s SAF Group Insurance, and invest the rest!