TM Asia Life launched their TM Legacy Plus (LP) insurance plan a few days ago on 15th January 2010. TM Legacy Plus (LP) is a limited premium participating whole life plan which provides cover against death, total and permanent disability (TPD) and terminal illness (TI). The difference between TM Legacy Plus and it’s earlier version, […]
In the past few months, we have seen a number of single premium non-participating insurance plans being launched by different life insurance companies: AIA, NTUC, Prudential, HSBC and TM Asia Life. The plans are either 2 or 5 year terms offering yields of between 1.4% to 2.75% p.a. AIA Wealth Accumulator HSBC Guaranteed Saver Plus […]
TM Asia Life is the latest insurer to launch a 5-year non-participating single premium insurance product, called TM Nest Egg (SP-Guaranteed 4). The plan requires a minimum of $15,000 and gives a fixed yearly dividend (interest) of 2.45%. The investment can be using either cash or SRS. No medical underwriting is required and the maximum […]
The TM Nest Egg (SP-Guaranteed 3) will be closed for subscription with effect on Tuesday, 21st July 2009. If you want to apply for the plan, you need to make sure your completed application forms reach the TM Asia Life’s office by 1730hrs on Tuesday. Looks like the demand for this product is quite high; […]
TM Asia Life has recently launched a new product in their TM Nest Egg series, the TM Nest Egg (SP-Guaranteed 3). The TM Nest Egg (SP-Guaranteed 3) is a 5-year, non-participating single premium endowment with yearly cash dividends, designed to provide a higher interest compare to fixed deposits, while at the same time providing minimal […]