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An affordable & dependable way to protect your loved ones.

Get a $1,000,000 term insurance policy for $38.80 per month.
(Male non smoker, age next birthday 30, cover for 30 years)

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What our clients have to say:

What is term insurance?

Term insurance products provide pure protection. They are the simplest life insurance products and usually the most affordable. (Source: Moneysense)

Term insurance is much cheaper when compared to whole life insurance. Unlike most types of Whole life insurance, term insurance has no cash value. In other words, the only value is the guaranteed death benefit from the policy. (Source: Investopedia)

Term life insurance lets you provide financial security for your loved ones if you pass away. Your family would usually get a lump sum that can help to pay off any debts, like a mortgage, as well as giving them money to live off.

Family protection using term insurance Singapore
Term insurance policies provide financial security for your loved ones

How much term insurance cover do I need?

It is not easy to decide how much cover you need. Everyone has their own financial circumstance. The amount that you choose should be enough to cover what your family would need if you were no longer around (including future expenses like tertiary education etc). These are some areas for consideration:

Clear outstanding mortgage with term insurance
Outstanding Mortgage

Your insurance payout should be enough to pay off the outstanding home loan so that your family has a place to stay.

Clear funeral expense
Funeral Expense

It should also cover your desired funeral expense.
According to your wishes.

Provide household expenses with term insurance
Household Expenses

The lump sum insurance payout should cover expenses, including their current lifestyle, if you were no longer around

Provide living expenses for aged parents using term insurance
Support Aged Parents

To provide for your aged parents as if you were still around.

Provide tertiary education expense including tuition fees and daily expenses
Children’s Education

Cover childrens education including tertiary tuition fees and living expenses.

Clear all debts with term insurance
Clear all debts

Clear all debts including credit card, car loan, renovation loan etc.

Why buy from us?


It only takes 2 minutes to input your basic info to get quotations from multiple insurers. Save time without having to approach multiple insurers for quotations.


We work with 17 of the largest life insurance companies in Singapore to bring you some of the best deals in the market.


We are not owned by an insurance company. We offer independent and unbiased service.


As long as you have a laptop or iPad and internet connection, you can get quotes and apply for coverage anywhere in Singapore.


We are individuals who are licensed to conduct regulated activities and provide financial advisory services under the Financial Advisers Act.

Our Business Partners

We are proud to be able to independently and objectively structure the most fitting solution to fit your unique circumstance.


How To Get Cheaper Life Insurance?

Your age and health are two key factors that insurers consider when determining your premium. The younger and healthier you are, the cheaper the premium is.

So if you want to get cheap life insurance, buy it when you are young. In most cases, you will lock in the cheap premium for the rest of the premium term of the policy.

You have several options when buying life insurance policies: term life insurance, whole life insurance, investment linked policy (ILP) etc. A term insurance policy will provide coverage for a certain period of time, such as 10, 20 or 30 years.

A term insurance policy is the cheapest way to go. It provides pure protection with no cash values. A whole life or ILP can cost many times more than a term policy for the same amount of coverage.

When you buy a life insurance policy, you typically have the option to get additional features called riders. Although the extra features and benefits might be appealing, you can get cheaper life insurance by avoiding riders you don’t necessarily need.

Don’t settle for the first quote you get. Different insurers price their products differently. Some may have a preference for certain products / customer segment and price them more attractively.

It is smart to shop around because life insurance rates can vary greatly from company to company. TermSG makes is easy for you to compare term policies from 10+ different insurers in Singapore. If you want to buy cheap term insurance online, look no further.

Compare Quotations from 10+ Insurers With Just 1 Click

You only need 2 minutes to input your details.
Fast & reliable online application.

This website is for information purposes only (not financial advice). The owner of the website is wholly responsible for the content in the website. The owner of the website is an IFA Rep of Financial Alliance Pte Ltd.