Monday, January 17, 2011

tokio marine life insurance singapore - launch of new products


we were notified through an email from tokio marine life insurance signapore that the company will be renaming their suite of products and at the same time, there were enhancements to 5 products and launch of 3 new products.

in consideration of the 8 key financial needs of:

1. education funding
2. wealth accumulation
3. wealth enhancement
4. living with impaired health
5. income replacement
6. retirement funding
7. legacy planning and
8. business continuation.

the new tm series of insurance products in tokio marine life insurance singapore's stable are (in abovementioned order):

1. tm education - tm education (rp) and tm education (lp)
2. tm nest egg - tm nest egg (rp) and tm nest egg (lp), tm nest egg (cash)
and tm nest egg (rewards 15)
3. tm wealth enhancement - tm wealth enhancement (cash) and tm wealth
enhancement (rewards)
4. tm well being - tm well being (rp-dd) and tm well being (cancercare)
5. tm peace of mind/tm mortgage protection - tm peace of mind (rp), tm
peace of mind (moneyback),
tm mortgage protection
6. tm retirement - tm retirement (lp) and tm retirement care (lp)
7. tm legacy - tm legacy (lp), tm legacy plus (lp), tm legacy care (lp)
and tm legacy (trigen)
8. tm business continuation - tm business continuation (rp) and tm
business continuation (rp-dd)

and last but not least, 2 ilp products:

asia wealth builder and asia flexibuilder renamed wealth builder and flexibuilder II (also enhanced) respectively.

all of the products have been renamed with the exception of the following which are either new or enhanced:

a. tm education (rp) - enhanced
b. tm nest egg (rp) - enhanced
c. tm well being (rp-dd) - enhanced
d. tm peace of mind (rp) - enhanced
e. tm peace of mind (moneyback) - new product
f. tm retirement (lp) - enhanced
g. tm business continuation (rp) - new product
h. tm business continuation (rp-dd) - new product

my comments:

in my upcoming postings, i will be touching on the 3 new products launched by tokio marine life insurance singapore namely; tm peace of mind (moneyback), tm business continuation (rp) and tm business continuation (rp-dd).

stay tuned.......

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