TM Protect 1
Tokio Marine
Category
Health Insurance
Coverage
Disability
Coverage Term
Up to age 70
Overview
TM Protect 1 is a disability insurance plan that pays out a monthly benefit for your chosen 3 or 6 years if the life assured is certified with inability to perform at least 1 out of 6 activities of daily living (ADL). Plan is guaranteed renewal with no medical examinations required.
Key Features
- Receive monthly benefit for your chosen 3 or 6 years.
- Payout commence from inability to perform at least 1ADL.
Health insurance helps pay for health care costs in the event of an injury, illness or disability. In general, such plans will fall into two categories: (1) Hospital, and (2) Long-term care.
(1) Hospital plans: Hospital insurance should be prioritised as the foundation of your insurance needs. While all Singaporeans and Permanent Residents are covered under MediShield Life, such plans do not provide as-charged coverage and only offers coverage for Class B2 or C wards in public hospitals.
(2) Long-term care: Payouts from CareShield Life will commence when you are unable to perform 3 out of 6 activities of daily living (ADL). Supplement CareShield Life to receive higher monthly pay-outs if you are disabled and unable to perform 1 or 2 ADLs as specified in your policy.
