| Event | Coverage before the anniversary immediately after the insured reaches the age of 70 | ||||
|---|---|---|---|---|---|
|
Higher of Sum assured plus bonuses [1] or Minimum Protection Value [2] | ||||
| 100% of sum assured | 200% of sum assured | 300% of sum assured | 400% of sum assured | 500% of sum assured | |
| Accidental Death [3] | Up to 200% of sum assured on top of death benefit | ||||
|
Sum assured plus bonuses [1] | ||||
- Bonus rates are not guaranteed and the benefits payable will vary according to the future performance of the Life Participating Fund.
- For Star Assure, the minimum protection value is 100%, 200%, 300%, 400% or 500% of the sum assured before the anniversary immediately after the insured reaches the age of 70, selected at the start of the policy and is applicable upon death, total and permanent disability or terminal illness. Advanced Assure Accelerator rider’s and Early Assure Accelerator rider’s minimum protection value will follow Star Assure’s minimum protection value.
- Accidental death benefit is payable only if death happens before the anniversary immediately after the insured reaches the age of 70 and is within 365 days of the accident. 200% of the sum assured in addition to the death benefit will be paid out for this benefit only if the insured is not participating in a restricted activity at the time of the accident. If the insured is participating in a restricted activity at the time of the accident, this benefit will be reduced to 60% of the sum assured instead. Standard exclusions apply. Please refer to the policy contract for further details.
Exclusions
There are certain conditions whereby the benefits under this plan will not be payable. You can refer to your policy conditions for the precise terms, conditions and exclusions of the plan. The policy contract will be issued when your application is accepted.
Important Notes
This page is for general information only. You can find the usual terms and conditions of this plan in the policy conditions for Star Assure. 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. Buying a life insurance plan is a long-term commitment on your part. If you cancel your plan prematurely, the cash value you receive can be substantially less than the premiums you have paid for the plan.
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 or visit the websites of the General Insurance Association of Singapore (www.gia.org.sg), the Life Insurance Association, Singapore (www.lia.org.sg) or Singapore Deposit Insurance Corporation (www.sdic.org.sg).
This advertisement has not been reviewed by the Monetary Authority of Singapore.
Information is correct as of 17 August 2020.
