Overview of #goAssure by Tokio Marine Life

Launched in November 2025, #goAssure is a regular premium whole life investment-linked policy (ILP) from Tokio Marine Life Insurance Singapore Pte Ltd, an insurer holding an A+ credit rating from S&P. Designed to balance protection with wealth accumulation, this plan allows policyholders to customize their coverage by selecting a specific "Protection Age" between 65 and 99. At this chosen age, the protection component reduces significantly, shifting the focus toward investment growth. The plan covers death, terminal illness (up to SGD 4.5 million), and total and permanent disability (TPD). A key feature is its flexibility: contributors can choose premium payment terms of 5, 10, 15, 20, or 25 years, and the policy includes mechanisms such as an Achievement Bonus, Wellness Bonus, and a Guaranteed Extra Protection Option to adapt to changing lifestyle needs.

How it compares

When evaluating #goAssure against similar investment-linked products in the Singapore market, it is important to note that no premium quotes, surrender values, or net return figures are available for this product or its peers in the provided data. Consequently, a quantitative comparison of costs or returns cannot be performed. The following analysis relies solely on qualitative features and structural differences found in the product summary and peer listings.

• Protection Flexibility: Unlike standard whole life policies that maintain level coverage until death, #goAssure allows you to select a Protection Age (65–99). After this age, the basic sum assured reduces, potentially lowering monthly protection charges while allowing more capital to accumulate in investment funds. This structural flexibility is a distinct differentiator compared to peers like GREAT Life Advantage 4, HSBC Life Flexi Protector, and FWD Invest Flexi VII, which typically maintain full death benefit coverage throughout the policy term unless specific riders or options are added.
• Bonus Structure: #goAssure explicitly offers an Achievement Bonus and a Wellness Bonus to reward milestones, alongside a large sum assured discount on monthly protection charges. While other ILPs in the comparison list may offer bonuses, the specific criteria for these rewards (e.g., health status, policy performance) are not detailed in the provided peer data, making it difficult to assess which product offers more favorable bonus triggers.
• Coverage Limits: The plan caps both Terminal Illness and TPD benefits at SGD 4.5 million across all policies issued by Tokio Marine Life for the same life. This aggregation limit is a critical constraint to consider when comparing against other insurers, as coverage limits may vary significantly between companies.

Pros

• Customizable Protection Period: The ability to choose a Protection Age (65–99) allows policyholders to tailor the plan to their specific financial planning horizon, reducing protection costs in later years to boost investment focus.
• Incentive-Driven Bonuses: The inclusion of Achievement and Wellness bonuses provides potential rewards for maintaining the policy or meeting certain milestones, potentially enhancing long-term value.
• Flexible Payment Terms: Offers a wide range of premium payment durations (5 to 25 years), accommodating various cash flow preferences.
• Strong Insurer Stability: Backed by Tokio Marine Life with an A+ S&P credit rating, offering reassurance regarding the insurer’s financial strength.
• Cash Payment Only: Simplifies the onboarding process for those who prefer lump-sum or regular cash contributions without complex financing arrangements.

Cons

• No Quantitative Data Available: There are no premium quotes, surrender values, or net return figures provided for #goAssure or its peers, making it impossible to assess cost-effectiveness or potential returns objectively.
• Reduced Coverage Post-Protection Age: After the chosen Protection Age, the death benefit reduces significantly. This may leave insufficient coverage for final expenses or legacy planning if not carefully calculated against the accumulated investment value.
• Strict TPD Definitions: The definition of Total and Permanent Disability varies by age group. For instance, after age 65, the criteria require inability to perform at least 2 of 6 Activities of Daily Living (ADLs), which is a higher threshold than some other policies that may use "any occupation" or "own occupation" tests for younger ages.
• Terminal Illness Exclusion: HIV-related terminal illness is explicitly excluded from coverage, which is a significant limitation for certain demographics.
• Limited Peer Comparison: Due to the lack of data for competing products (GREAT Life Advantage 4, HSBC Life Flexi Protector, FWD Invest Flexi VII), it is unclear if #goAssure offers competitive fund options or fee structures relative to the market.

Who it may suit

#goAssure may be suitable for individuals who:

• Want to prioritize wealth accumulation in their later years and are comfortable with reduced death benefit coverage after a specific age (Protection Age).
• Seek an investment-linked plan from a highly rated insurer (A+) with flexible premium payment terms.
• Are motivated by bonus structures tied to wellness or policy milestones.
• Have already maximized other insurance coverage and need a supplementary policy with clear limits on critical illness payouts (SGD 4.5M cap).

This is general information based on CompareFIRST.sg data, not financial advice. Premiums and features can change; please verify with the insurer or a MAS-licensed financial adviser before making any decision.