Monday, February 10, 2020

Our journey with Tokio Marine Life Insurance Singapore

My journey with Tokio Marine Life Insurance Singapore began in 2008. I was a newly minted mum then, I made my choice to stop working and be a stay-at-home-mum (SAHM) with Don's support. I wanted to be there to witness every milestone of Xav and Vera (at least for the first 6 years) while Don, on the other hand, wanted me to be home once he entered primary school as he felt that it was important to have someone to be at home when the kids are back from school. Hence, I think I am going to be stuck in this SAHM role until Vera completes her secondary school journey.


I have concerns over inflation and rising costs of education in the future. I wanted to make sure that at least there are funds available and is sufficient to cover their university fees and should the kids have plans to pursue higher qualifications.


Both of us recognised the need and we agreed to get an education policy for Xav when he was as young as 6 months old. Through the help of my long-time friend cum trustable financial consultant, we were introduced to a good education plan and Towards My Education (LP) of Tokio Marine Life Insurance Singapore was recommended based on the following: 
- A plan that fits my budget and needs. 
We are comfortable with the premium we have saved up. 
- The coverage of the plan puts me in a good state and gave me the assurance I needed as a spouse. We added a rider just in case if the sole breadwinner is no longer around, we could still continue to hold onto the premium without having the stress to pay for the premium. 

Two years ago, Don bought a Life Insurance plan under Tokio Marine that gave him a good coverage for early critical illness. I clearly remembered Don belonging to the category who does not feel the importance of insurance. However, his mentality changed after we stepped into parenthood, he made sure the basic needs are covered. I appreciate the assurance given by our financial consultant with these policies bought under her recommendation.

Over the years, our financial consultant has diligently assisted us in reviewing our policies as our lifestyle needs change with time.  We felt the need to increase Don's coverage due to his high-risk job nature and as well as recognising the need to be covered and not allow the kids to shoulder the heavy burden of medical expenses. Speak to your agent or financial consultant.

Most certainly, I trust Tokio Marine Life Singapore to take care of our needs and I am blessed and thankful to have a trusted financial consultant to look after our policies need.

#FacesofTMLS #TokioMarine

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