SAFRA Essential Term

New Enhanced!

Take the necessary steps to alleviate unexpected burdens should life’s uncertainties occur. Enjoy the exclusive coverage that SAFRA Essential Term offers, easily within your means.

This includes:

• 24-hour worldwide coverage for death and permanent and total disability
• Full compensation in the event of death and permanent and total disability
• Benefit payouts for permanent and partial disability due to an accident
• 125% of the full sum assured payable in the event of death due to an accident

Worldwide coverage

Whether you are at home or abroad, SAFRA Essential Term gives you 24-hour worldwide personal accident coverage no matter where you are. In the event of permanent and total disability or death due to any cause (except for suicide in the first year), your family will receive full sum assured payout.

Plan ahead for life’s uncertainties

In the event of death due to an accident, 125% of the insured amount will be payable to your family. For mishaps resulting in permanent and partial disability, benefits are payable according to the type of injury stated in the compensation table.

Affordable premiums

From as low as $1.10+ monthly, you will be able to enjoy basic insurance coverage and protection with SAFRA Essential Term.

+ Insured at 45 years old at sum assured of $10,000.

Eligibility for SAFRA Essential Term

SAFRA members can buy the plans, as long as they meet the below criteria:

• SAFRA Essential Term - members must be 60 years and below

Children between 5 and 15 years can be covered up to 50% of the principal member’s sum assured. Please complete the "Application for SAFRA Insurance (For Dependant Child)" if you are insuring your child.

Apply for SAFRA Essential Term today!

• Complete the proposal form and submit it to SAFRA National Service Association by the 26th of the month.
  
  SAFRA National Service Association
  c/o Business Development Division
  2 Telok Blangah Way
  Singapore 098803
  
  
• Call NTUC Income at 6788 3113 or SAFRA at 6377 9147.
• Email ins@safra.sg or visit www.safra.sg

All applications will have to be accompanied by payment. Premiums may either be paid monthly or annually. For monthly payments, the premium will have to be pre-paid for the first 2 months by Cash / NETS / Cheque / Money Order in advance.

If you wish to increase your sum assured, please complete "Change In Sum Assured Proposal Form" (need to link to which can also be obtained from any SAFRA Clubs. Please note that any increase in sum assured will be subjected to maximum sum assured limits of your existing policies.

Note:
To apply for or renew the coverage, the SAFRA membership subscription dues must first be settled. The application or renewal of insurance coverage for spouse and junior members are dependant on the validity of the principal member’s membership.