It is a regular premium whole life investment-linked plan which offers insurance coverage terms of up to age 70 or 99, covering:
Total and Permanent Disability1 (TPD)
Terminal Illness (TI)
The coverage can be as high as 300 times of your annual premium.
When a TPD or TI claim is made, you will receive the basic sum assured and the policy stays in force.
You also have the flexibility to make ad-hoc top up2, switch funds and make withdrawals3 as the market and/or your needs change.
Note: 1 TPD Benefit is provided until the policy anniversary on which the life assured is age 70 next birthday. 2 Minimum ad-hoc top-up premium is S$1,200. Ad-hoc top-up premium does not increase the basic sum assured and the top-up premium units purchased are not subject to surrender charge. 3 Surrender charge is applicable for withdrawal of regular premium units.
Why is this important to you?
You can enjoy high coverage at affordable monthly premiums from S$125. In addition, you enjoy these benefits:
Level Insurance Charges
Continued coverage if you take a break from premium payments1,2
Flexibility to make ad-hoc top-up3, switch funds and make withdrawals4 from your policy
Select funds that meet your risk appetite
Tap potential growth in the value of units
Save via dollar cost averaging
Note: 1 Refer to Product Summary for details. 2 Non-payment of premiums during the first two policy years will terminate the policy automatically. During premium holiday, regular premium payments may be resumed at any time to increase the policy value. 3 Minimum ad-hoc top-up premiums is S$1,200. Ad-hoc top-up premium does not increase the basic sum assured and the top-up premium units purchased are not subject to surrender charge. 4 Surrender charge is applicable for withdrawal of regular premium units.
This is suitable if you want
A product to enhance your long-term investment returns
An investment-linked insurance product with flexibility
This is not suitable if you want
Regular payouts during your policy term
DeathPays a lump sum benefit in the event of Death.
Total and Permanent Disability (TPD)Pays a lump sum benefit in the event of TPD. TPD Benefit is provided until the policy anniversary on which the life assured is age 70. Maximum TPD benefit payable is S$2.5 million per life, inclusive of all other insurance taken up with Tokio Marine Life Insurance Singapore Ltd.
Terminal Illness (TI)Pays a lump sum benefit in the event of TI. Maximum TI benefit payable is S$2.5 million per life, inclusive of all other insurance taken up with Tokio Marine Life Insurance Singapore Ltd.
Additional riders to enhance your protection
Critical Illness Accelerator Rider
Unit-deducting Rider. Accelerates the sum assured of basic plan upon diagnosis of any of the covered CIs
Waiver of Premium Rider, (Enhanced) Payer Benefit & (Enhanced) Spouse Rider
Future premiums will be waived in the event of Death, Total and Permanent Disability and/or upon diagnosis of any of the covered CIs
Benefit payout in the event of medical conditions or procedures arising from different stages of covered CIs. Such payout may be an additional benefit or it accelerates the sum assured of the basic plan.
KidAssure GIO Rider
Covers death, child-related illnesses and hospitalisation benefit. In addition, 80% of premiums paid will be refunded upon the rider’s maturity at age 19.
Protect 1 Lite Rider
Pays out monthly benefits for 6 years upon the loss of ability to perform any one of the Activities of Daily Living (ADL).
All ages mentioned in this website are based on age next birthday.
All benefits and features mentioned herein are subject to terms and conditions of the policy. You must refer to the Policy Contract for the precise terms and conditions of this insurance plan.
This plan is underwritten by Tokio Marine Life Insurance Singapore Ltd and is only available through our authorised distributors. Kindly obtain the required product disclosures and seek advice from a financial adviser before making a commitment to purchase this plan. Investments in this plan are subject to investment risks including the possible loss of the principal amount invested. The value of the units may rise as well as fall. Past performance is not necessarily indicative of future performance and the performance of the ILP sub-fund(s) is non-guaranteed. A potential investor should read the Product Summary and Product Highlights Sheet(s) before deciding whether to subscribe for units in the ILP sub-fund(s). Buying a life insurance policy is a long-term commitment. An early termination of the policy usually involves high costs and the surrender value payable (if any) may be less than the total premiums paid. It is also detrimental to replace an existing life insurance policy with a new one as the new policy may cost more or have fewer benefits at the same cost.
For policies distributed in Singapore:
This policy is protected under the Policy Owners’ Protection Scheme which is administered by the Singapore Deposit Insurance Corporation (SDIC). Coverage for your policy is automatic and no further action is required from you. For more information on the types of benefits that are covered under the scheme as well as the limits of the coverage, where applicable, please contact us or visit the LIA or SDIC websites (www.lia.org.sg or www.sdic.org.sg).
Information shown is for reference only and is correct as at 1 August 2016.