Group Term Life

Group Term Life

Provides 24-hour worldwide coverage for your employees against death, total and permanent disability.

What it covers


We pay a lump sum payout in the event of death (before age 70).

Total and permanent disability

We pay a lump sum payout in the event of total and permanent disability (TPD before age 65).


Be assured of protection throughout the day and anywhere in the world.

This plan is part of Income’s comprehensive package of Employee Benefits Solution for business entities to mix and match the coverage to suit your employees’ needs.

Enhance your coverage

Terminal illness

We pay a lump sum payout in the event of the diagnosis of a terminal illness where death is highly probable within the next 12 months.

Extended death and total and permanent disablement benefit

We will extend the benefits for death or total and permanent disability (TPD before age 65) for up to 12 months if your employee’s service is terminated on medical grounds.

Family income benefit

We pay an additional monthly benefit for a period of 12 months to the employee’s family in the event of death or total and permanent disability (TPD before age 65) of your employee.

37 critical illnesses

We pay a lump sum payout upon a diagnosis of the 37 critical illnesses. This benefit can be on acceleration or additional basis.

Before you apply

Companies or associations must be registered in Singapore. The employees/members of associations must be aged between 16 to 69 years (age last birthday).

Important Notes



There are certain conditions whereby the benefits under this plan will not be payable. You can refer to your policy contract 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 contract. 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 adviser. 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 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 (, the Life Insurance Association, Singapore ( or Singapore Deposit Insurance Corporation (


Information is correct as of 21 July 2017

How to apply

For enquiries about Group Term Life, please call our hotline:
6332 1133

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