Best Term Insurance Plans in Singapore (2025)

Term Insurance provides financial protection for dependents through high coverage at affordable premiums.

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Term Insurance Overview

Term Insurance provides financial protection for your dependents through high coverage at affordable premiums, covering loans and financial stability.

Who is it for?

  • Young working adults
  • Parents with dependents
  • Homeowners with mortgage obligations
  • Anyone seeking high coverage at low cost
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Term Insurance

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Compare Term Insurance Plans

Find the best term insurance plan that suits your needs and budget.

Singlife

Singlife

Singlife Elite Term II

Coverage: Death/TPD/CI/Early CI/Multi Claim CI
Min Sum Assured: $100,000
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Chinalife

Chinalife

Chinalife Term Guardian

Coverage: Death/TPD/CI
Min Sum Assured: $401,000
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HSBC

HSBC

HSBC Term Protector

Coverage: Death/TPD/CI/Early CI/Multi Claim CI
Min Sum Assured: $100,000
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Tokio Marine

Tokio Marine

TM Term Assure II (Tokio Marine)

Coverage: Death/TPD/CI/Early CI
Min Sum Assured: $100,000
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Manulife

Manulife

ManuProtect II (Manulife)

Coverage: Death/TPD/CI
Min Sum Assured: $75,000
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Income

Income

Income Star Term

Coverage: Death/TPD/CI/Early CI
Min Sum Assured: $100,000
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FWD

FWD

FWD Future First

Coverage: Death/TPD/CI/Early CI
Min Sum Assured: $500,000
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Etiqa

Etiqa

Etiqa Term Life Cover

Coverage: Death/TPD/CI/Early CI
Min Sum Assured: $401,000
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China Taiping

China Taiping

China Taiping iProtect

Coverage: Death/TPD/CI/Early CI
Min Sum Assured: $200,000
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Chinalife

Chinalife

Chinalife Term Guardian

Coverage: Death/TPD/CI
Min Sum Assured: $401,000
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Sample Quotes — Term Insurance

Estimated monthly premiums for $500,000 sum assured (non-smoker, male)

PlanAge 30Age 40Age 50
Singlife Elite Term II$32$56$142
HSBC Term Protector$35$60$148
TM Term Assure II$28$50$130
ManuProtect II$36$62$155
Income Star Term$30$54$138
FWD Future First$27$48$125
Etiqa Term Life Cover$26$46$120
China Taiping iProtect$31$55$140
Chinalife Term Guardian$33$58$145

* Figures are estimated and for illustration purposes only. Actual premiums may vary based on individual underwriting.

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Synergy Financial Advisers Ltd · 51 Bras Basah Rd, #07-03, Lazada One, Singapore 189554 · Company Registered Number: 201217738K · FA Licence Number: FA100050 · https://synergy.com.sg

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Eric Chan Wei Zhang, RNF ECW300509364, Representing Synergy Financial Advisers Ltd.

Synergy Financial Advisers Ltd · 51 Bras Basah Rd, #07-03, Lazada One, Singapore 189554 · Company Registered Number: 201217738K · FA Licence Number: FA100050

https://synergy.com.sg

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