Life's I-don't-knows are closer than you think
deaths every day in Singapore 1
Personal Accident insurance claims made with Income every day
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Are your loved ones able to support themselves financially if anything unfortunate were to happen?
Protect you and your family
Coverage against critical illnesses and death.
Protect your home and lifestyle
Coverage for home and personal accidents
Lifetime coverage for you and your loved ones
- Choose up to 500%, of your sum assured against death, terminal illness, and total and permanent disability (before the anniversary immediately after the insured reaches the age of 70)
- Choice of premium term
- Option to add riders for protection against early and intermediate stage dread diseases and future unknown diseases, like COVID-19
Preserve your legacy
- Protect against death and terminal illness with $500,000 coverage or more
- Guaranteed renewal and coverage up to age 100 if there’s no claim on your policy during the policy term
- Enhance your coverage with optional riders against total & permanent disability and dread disease
Relieve your financial burden and focus on recovery if something unforeseen happens
- As-charged coverage for eligible hospitalisation costs
- Increase your policy’s yearly claimable amount up to $1,500,000
- Pay your premiums with MediSave, up to $900
Supplement CareShield Life plan for enhanced long-term coverage
- Lifetime coverage with monthly disability benefit of up to $5,000 if you cannot perform 2 or more Activities of Daily Living
- Comprehensive benefits such as support benefit, dependent benefit and death benefit
- Pay premiums from your MediSave account, using up to $600 (per insured person per year)
Build your wealth through smart investments with flexible options
- Enjoy protection coverage based on the applicable sum assured multiple of your choice with a Minimum Protection Value of 300% of the sum assured (before the anniversary immediately after the insured reaches the age of 70
- Receive an Investment Bonus of up to 67.0% of your regular premiums paid in the 1st policy year
- Flexibility to increase your coverage at different life events with Guaranteed Insurability Option
Star Term Protect
Protects you and your family at affordable premiums
- Affordable coverage against death, terminal illness, total and permanent disability (TPD before the anniversary immediately after the insured reaches the age of 70)
- Guaranteed renewal of your policy, with coverage up to a maximum age of 84 (last birthday)
- Option to add riders for enhanced coverage such as in the event of hospitalisation and dread diseases
Enhanced Home Insurance
Keep your safe haven and family protected
- Protect your home’s contents and renovations in the event of a fire, floods or other insured events
- Coverage for damages caused to your neighbours’ homes
- Complimentary bonus 24/7 emergency home assistance for leaking pipes, locksmith, pest control and more
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This information is not to be construed as an offer or solicitation for the subscription, purchase or sale of any investment-linked plan (ILP) sub-fund. The information and descriptions contained in this material are provided solely for general informational purposes and do not constitute any financial advice. It does not have regard to the specific investment objectives, financial situation and particular needs of any persons. The precise terms, conditions and exclusions of these plans are specified in their respective policy contract.
Investments are subject to investment risks including the possible loss of the principal amount invested. Past performance, as well as the prediction, projection or forecast on the economy, securities markets or the economic trends of the markets are not necessarily indicative of the future or likely performance of the ILP sub-fund. The performance of the ILP sub-fund is not guaranteed and the value of the units in the ILP sub-fund and the income accruing to the units, if any, may fall or rise. A product summary and product highlights sheet(s) relating to the ILP sub-fund are available and can be obtained from your insurance advisor or online at www.income.com.sg/funds. 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.
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 (if applicable) may be zero or less than the premiums you have paid for the plan. If you find that this plan is not suitable after purchasing it, you may terminate it within the free-look period, and obtain a refund of premiums paid. We may recover from you any expense incurred in underwriting this plan (subject to the respective products’ terms and conditions). For ILP, the refund amount is based on the market value of your selected funds and this could mean that you get back less than the original investment.
These policies are 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 GIA/LIA or SDIC web-sites (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.
^ Promotion Terms and Conditions apply.
ft1 Computed based on total deaths in 2021 from Immigration and Checkpoints Authority (ICA). Data obtained from SingStat.
ft2 Star Secure includes a non-participating compulsory rider, Star Secure – Protection Benefit. This rider pays accidental death benefit, Retrenchment Benefit, Family Waiver Benefit, and part of the minimum protection value. Please refer to the policy conditions for further details.
ft3 For Star Secure, 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 Secure Accelerator rider’s and Early Secure Accelerator rider’s minimum protection value will follow Star Secure’s minimum protection value.
ft4 An event (including a future unknown disease) leading to a surgery or an infection, and requires a stay in ICU for 5 days or more in one hospital admission, which is claimable under the Major Impact Benefit, subject to policy’s terms, conditions and exclusions.
ft5 If the insured becomes terminally ill or dies during the term of the policy, we will pay the sum assured. The policy will end when we make this payment.
ft6 We will renew your policy for the same policy term at its prevailing sum assured only if your policy has not ended as a result of a claim during its term and the insured is age 74 (last birthday) and below. However, if the original policy term is not a multiple of five years, or if the original policy term is a multiple of five years but the anniversary immediately after the insured’s 100th birthday falls within the next policy term, we will renew it for a shorter term that is a multiple of five years, as long as the minimum term is 10 years, such that the renewal term will neither go beyond the original policy term, nor the anniversary immediately after the insured’s 100th birthday. We will work out the renewal premium based on the policy’s renewal term, sum assured and the age of the insured at the time the policy is renewed.
ft7 We reimburse you the eligible hospitalisation cost you have incurred, subject to deductible, co-insurance, admission of ward class, benefit limits and any other policy terms (including exclusions).
ft8 Sum assured multiple means the factor we use to work out your sum assured for your basic policy, or for a specific rider that you attach to your basic policy, based on your regular premium when we issue the policy. The sum assured multiple cannot be changed unless the retirement option is exercised.
ft9 Each time the insured experiences a life event, you may choose to take up the Guaranteed insurability option, subject to the policy’s terms and conditions. Please refer to the policy conditions for further details on the life events and the applicable terms and conditions.
ft10 Guaranteed renewal is applicable only if there is no claim on your policy during the policy term and the insured is age 79 (last birthday) and below. We will renew your policy for the same sum assured and policy term. However, if the insured’s 84th birthday falls within the next policy term, we will only renew it for a shorter term (in multiples of 5 years) such that the renewal term will not exceed the insured’s 84th birthday. The renewal premium will be determined by Income and is based on the policy’s renewal term, sum assured and the age of the insured at the time the policy is renewed.
ft11 The sum assured of your policy will not be reduced by the early stage cancer benefit paid.
ft12 The definitions for early stage major cancer are found in the policy conditions. The insured must survive for at least 30 days after the diagnosis of an early stage major cancer. We will only pay this benefit once. We will not pay it again even if the policy is renewed. We will not pay this benefit if the insured suffered symptoms of, had investigations for, or was diagnosed with the disease any time before or within 90 days from the cover start date. Cover start date refers to the date we issue the policy; or the date we issue an endorsement to include or increase a benefit; or the date we reinstate the policy (whichever is latest).
ft13 If there is a claim made for an early stage cancer, we will only pay 100% of the sum assured upon diagnosis of an advanced stage cancer.
ft14 The definitions for advanced stage major cancer are found in the policy conditions. The insured must survive for at least 30 days after the diagnosis of an advanced stage cancer. We will not pay this benefit if the insured was diagnosed with the disease within 90 days from the cover start date.
ft15 Underwriting will be based on the health declaration found in your proposal form or the medical questionnaires. However, if we deem necessary after assessing the declaration, we may require the insured to go for specified medical tests.
ft16 Contents means any physical and movable household items or personal belongings including money and valuables kept within the premises that belong to you or your family members. But it does not include, amongst other items, motor vehicles, pets and items connected with your business or trade. Please refer to the policy contract for the exclusions and the benefit sub-limits for each type of content.
ft17 Renovations means improvements and additions made within the premises by you or any previous owner or tenant in the form of fixtures and fittings. For example, this could include flooring, built-in wardrobes and kitchen cabinets. They do not form part of the building cover.
ft18 Income has arranged for our appointed Emergency Home Assistance company to provide policyholders with emergency plumbing, electrician, locksmith and pest control services 24/7, subject to policy conditions. This bonus service is a complementary service provided to you. It does not form part of the benefit provided under the policy contract. Income reserves the right to amend or discontinue the service at any time at its sole discretion without prior notice. Learn more at www.income.com.sg/home-insurance/EHA.
ft19 This benefit limit is applicable under Plan 4. We pay for the medical expenses for injury due to an accident up to the maximum benefit limit or up to a period of 12 months from the date of the accident, whichever comes first.
ft20 This plan does not cover infectious disease diagnosed within 14 days from the policy start date as well as any infectious disease which has been announced as:
(a) an epidemic by the health authority in Singapore or the Government of the Republic of Singapore; or
(b) a pandemic by the World Health Organisation (WHO), from the date of such announcement until the epidemic or pandemic ends.
ft21 Plans 1 and 2 cover only children who are:
- under 18 years of age; or
- under 25 years of age, unmarried and not on full-time employment, and are primarily dependent on the policyholder for maintenance and support. For example, full-time students or national servicemen.
ft22 Roadside Breakdown Assistance Benefit
If your vehicle cannot be driven due to any puncture to its tyre(s) or any mechanical or electrical breakdown and not due to an accident involving your vehicle, we will pay you the reasonable expenses incurred on site up to $200 once for each period of insurance for the following services rendered:
- Service charge to replace the defective batteries.
- Service charge to replace the punctured tyre.
- Towing fee incurred to tow the vehicle to the policyholder’s preferred workshop.
- Any other services charges necessarily incurred on site arising out of the breakdown.
The costs of replacing any part stated above is not covered by this Benefit.
If the vehicle breaks down, you have to contact the breakdown service provider to assist you. To submit your claim for this benefit, you must provide the following within 30 days of the breakdown:
- Claim form.
- Photographic evidence of the service(s) provided on site.
- Tax invoice/ Receipt with details on the type of services performed by the service provider and payment made.
Additional Medical Expenses
We will pay you a further sum of up to $1,000 for reasonable medical expenses which you have paid due to an accident involving your vehicle while you are the driver of, or a passenger, for the following treatments:
- Your pregnancy-related check-up or treatment necessitated and due to the accident; or
- Your cosmetic (aesthetic, plastic surgery or dental treatment, or any treatment) reconstructive surgery.
We will only pay the cosmetic reconstructive benefit if the treatment is carried out:
a. to restore any loss of function or change in appearance due to an injury or a condition sustained by you as a result of an accident involving your vehicle;
b. within 30 days after the date of the accident; and
c. by a medical practitioner registered under the Medical Registration Act.
This benefit is only payable to you once per period of insurance and provided you have a claim which is paid or payable by us under Section 1 of this policy.
Additional Personal Accident Benefits
We will pay you or your personal representative the amount shown in the scale of compensation for death or bodily injury arising out of an accident while you are the driver of, or a passenger in, your vehicle.
Scale of compensation:
a. Death - $10,000
b. Total and permanent loss of all sight in both eyes - $10,000
c. Total loss by physical severance at or above the wrist or ankle of both hands or both feet or of one hand together with one foot - $10,000
d. Total loss by physical severance at or above the wrist or ankle of one hand or one foot together with the total and permanent loss of all sight in one eye - $10,000
e. Total and permanent loss of all sight in one eye - $5,000
f. Total loss by physical severance at or above wrist or ankle of one hand or one foot - $5,000
We will only pay one of the items listed from a to f above for any one accident. If you die and/or suffer several injuries, we will only pay for the one item that provides the highest compensation. Our maximum limit that we will pay for any one accident is $10,000.
If you have more than one private car policy with us, we will pay under one of the policies only.
This benefit applies to the policyholder who is pregnant at the material time of the accident.
We will not pay you any compensation if the loss or injury is not listed in the scale of compensation.
ft23 We will pay you for travel delay if the public transport you are scheduled to travel in during your trip is delayed for more than six hours in a row and is not caused by you.
Information is correct as at 31 May 2022.