NTUC Income (Income) is a member of the Policy Owners’ Protection (PPF) Scheme. This scheme is administered by the Singapore Deposit Insurance Corporation (SDIC). It reduces the financial impact on policy owners in the event a life or general insurer which is a PPF Scheme member fails. Coverage for your policy is automatic and no further action is required from you.
Here is a list of the types of insurance products covered under the PPF Scheme. For more information on the types of benefits that are covered under the scheme, please contact us or visit the GIA / LIA or SDIC websites (www.gia.org.sg or www.lia.org.sg or www.sdic.org.sg).