Since SunLife turns out to be the MOST useful online life insurance, let's take a look at what they offers. It is a gem in term life category and I predict they maybe taken down soon so make your own move and judgement fast!
SunLife offers 3 plans (each with Takaful option)
- Top 3 Critical Illness - Heart Attach, Stroke and Cancer
- Hospitalisation income
eCritial Shield is a very relevant term plan. Instead of covering all sort of diseases you may get, how about just cover the most probable one will get? They call it lifestyle illness which is kinda cute. Hence a much lower fee than most other Critical Illness plans in the market. Their fees increase gradually over the age so there is no significant benefitial entry age.
I couldn't find the fine prints for their MediCare Income ie. how many days will they pay per sickness or admmission etc. so I couldn't justify if this is a good plan. However, generally it is not a good idea to buy term for your hospitalisation coverage.
So overall it's impressive SunLife makes it simple and straight to the point, without confusing marketing gimmics. Thumbs up for that!