NTUC Income - I-TERM (TAN14)

Overview

iTerm is a term insurance policy that provides basic insurance protection at affordable cost. It is a protection plan with no cash value so the entire amount can be used to secure higher insurance coverage. It provides protection against death, terminal illness and up to age 70 for total permanent disability only. You can also enjoy the option of extending your coverage even after your policy expires. Subsequently, you can choose to add in riders for extra coverage against dread diseases and waiver of premiums in the event of a dread disease


Key Benefits

Enhance your coverage by adding riders
Enhance your coverage by adding riders
Protection at affordable premium rates
Protection at affordable premium rates
Provides coverage for death, terminal illness, and total and permanent disability
Provides coverage for death, terminal illness, and total and permanent disability
Guaranteed renewable up till policy limit, no matter what condition your health is in
Guaranteed renewable up till policy limit, no matter what condition your health is in

Riders Available


1. Dread Disease Premium Waiver

This is a non-participating, regular premium rider that waives future premium payments on the policy for the remaining term of the rider upon diagnosis of the insured with a specified Dread Disease during the term of the rider. The rider terms available are from 2 years to 84 years. The maximum entry age is 74 last birthday and the rider should not cover beyond age 84 last birthday of the insured or the premium payment term of the policy, whichever is earlier.

2. Enhanced Payor Premium Waiver

Enhanced Payor Premium Waiver is a non-participating, regular premium rider that waives future premium payments on the policy for the remaining term of the rider upon death, or diagnosis of the insured with total and permanent disability (TPD) or a specified dread disease (DD) during the term of the rider (if TPD occurs before the age of 70). The rider terms available are from 2 years to 84 years. The maximum entry age is 74 last birthday and the rider should not cover beyond age 84 last birthday of the insured or the premium payment term of the policy, whichever is earlier.

3. Payor Premium Waiver

Payor Premium Waiver is a non-participating, regular premium rider that waives future premium payments on the policy for the remaining term of the rider upon death or diagnosis of the insured with total and permanent disability (TPD) during the term of the rider (if TPD occurs before the age of 70). The rider terms available are from 2 years to 84 years. The maximum entry age is 74 last birthday and the rider should not cover beyond age 84 last birthday of the insured or the premium payment term of the policy, whichever is earlier.


Who is this suitable for?


Couple
Couple
Family Life
Family Life
New Home Owner
New Home Owner
Working Adult
Working Adult

Our team of Investment Advisers will contact and assist you. You may fill up the appointment form here and state your preferred timing or drop us an email and we will get back to you.

Make an appointment

Note: Buying a life insurance policy can be a long-term commitment. An early termination of the policy usually involves high costs, and the surrender value payable may be less than the total premiums paid. You may wish to seek advice from a financial adviser before making a commitment to purchase the product. In the event that you choose not to seek advice from a financial adviser, you should consider whether the product in question is suitable for you.