i-Term – Product Summary
Peace of mind and security.
The ideal term plan for you and your family.
We figured that making basic life insurance coverage available to all is the right thing to do.
Providing you with basic insurance protection at affordable cost, i-Term is a pure protection plan with no cash payouts when the plan ends. This means the entire amount you pay will be used to secure higher insurance coverage for you.
i-Term can fulfill your immediate and long-term insurance needs, either taken up on its own or together with other insurance plans. You can also enjoy the flexibility of choosing how long you want to be covered. We guarantee the renewal of your term-life insurance policy for the same contract term and sum assured as your previous i-Term plan1.
BENEFITS AT A GLANCE
Coverage for death, total and permanent disability (TPD before the age of 65) and terminal illness
Higher coverage at affordable premiums
Additional rider options available
1 Guaranteed renewal is applicable only if there is no claim on your policy during the contract term and the insured has not reached 80 years old. The renewal premium will be determined by NTUC Income.
This is for general information only.
You can find the usual terms and conditions of this plan at
www.income.com.sg/forms/insDocument/iTerm(TAN3).pdf and www.income.com.sg/forms/insDocument/iTerm(TAN4).pdf. All our products are developed to benefit our customers but not all may be suitable for your specific needs. If you are unsure if this plan is suitable for you, we strongly encourage you to speak to a qualified insurance adviser. Otherwise, you may end up buying a plan that does not meet your expectations or needs. As a result, you may not be able to afford the premiums or get the insurance protection you want. This policy does not have any cash value.
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 coverage, where applicable, please contact NTUC Income or visit the GIA/LIA or SDIC websites (www.gia.org.sg or www.lia.org.sg or www.sdic.org.sg).
Information is correct as of 5 September 2012