LUV

[1] We pay a further monthly payout of 1% of the sum assured for the next 12 months or until the insured reaches the age of 65 or until the insured dies, whichever is earliest.

[2] Partial and permanent disability must happen within 365 days from the date of the accident.

[3] You will receive a daily hospital cash benefit of $100 ($5.00 for every $10,000 of the sum assured) if your sum assured is $200,000. Each stay in the hospital must be for at least six hours in a row unless the insured’s stay in the hospital is for a surgical operation, or the hospital bills for daily room and board charges. A waiting period of 30 days from the start date of the insured’s cover will apply, unless the insured’s stay in the hospital is due to an accident.

[4] For major cancer, coronary artery by-pass surgery, heart attack of specified severity and angioplasty and other invasive treatment for coronary artery, a waiting period of 90 days from the start date or reinstatement date (if any) of the insured’s cover, whichever is later will apply. For the other remaining critical illnesses, a waiting period of 30 days from the start date or reinstatement date (if any) of the insured’s cover, whichever is later will apply.

[5] Your husband or wife and children will be eligible for the application of coverage only if you, as the insured and member of NTUC, are covered under the same LUV cover, unless your application has been declined or postponed by Income Insurance in view of underwriting. The sum assured or plan type for your husband or wife and children should not exceed your sum assured or plan type unless your sum assured or plan type has been reduced by Income Insurance due to underwriting reasons. If you end your policy, the cover for your husband or wife and children will end. The cover for your husband or wife will also end if you are separated or divorced from your husband or wife.

[6] This plan does not cover any claim or loss arising from insured taking part in full-time National Service.

[7] Premium rate is applicable only to insured aged 19 to 45 (age next birthday) for sum assured at $100,000 under the Deluxe cover.

There are certain conditions whereby the benefits under the plans will not be payable. You can refer to the policy contract for the precise terms, conditions and exclusions of the plans. The policy contract will be issued when your application is accepted.

This is for general information only and does not constitute an offer, recommendation, solicitation or advice to buy or sell any product(s). National Trades Union Congress (“NTUC”) is the master policyholder. You can find the usual terms, conditions and exclusions of LUV plan in the master policy contract issued to NTUC. The cover for LUV plan will automatically end upon the termination of the master policy by either Income Insurance or NTUC. 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 advisor. 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 plan does not have any cash value.

LUV is underwritten and issued by Income Insurance.

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 Income Insurance or visit the GIA/LIA or SDIC websites (www.gia.org.sg or www.lia.org.sg or www.sdic.org.sg).

This advertisement has not been reviewed by the Monetary Authority of Singapore.

Information is correct as at 28 January 2026