Silver Secure

Silver Secure

Insurance coverage that protects against senior diseases till age 100.

What it covers

Senior diseases
Upon the diagnosis of a specified senior disease, we pay your chosen monthly benefit till age 100[1]. We also pay a support benefit that is equal to six times your chosen monthly benefit[2].
Health conditions related to old age
We pay a special benefit that is equal to three times your chosen monthly benefit upon the diagnosis of a specified health condition[3].
Death

We pay up to $10,000[4] in the event of death.

Features

All future premium payments will be waived[5] upon diagnosis of a specified senior disease.
We may provide cover[6] even if you have existing conditions such as higher cholesterol and blood pressure levels.

You will receive access to care benefits from our preferred healthcare providers when you need help to manage your conditions.

Find out more

Before you apply

The entry age is from 40 to 74 years old (last birthday), with coverage to a maximum age of 100 (last birthday).

You have to make premium payments throughout the policy term. You can make your payments monthly, quarterly, half-yearly, or yearly.

Important Notes

Footnotes

 
  1. If the insured is diagnosed with a specified senior disease, you will start to receive the chosen monthly benefit till age 100. This benefit can be claimed only once. The monthly benefit will end upon the insured’s death; or at the end of the contract term, whichever is the earliest. We will not pay this benefit if the insured suffered symptoms of, had investigations for, or was diagnosed with the illnesses or conditions at any time before the cover start date, or if the insured suffered symptoms of, had investigations for, or was diagnosed with Amyotrophic Lateral Sclerosis or Severe Chronic Obstructive Pulmonary Disease (COPD) at any time before or within 90 days after 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 the latest). The definitions for the specified senior diseases can be found in the policy contract.

  2. If you succeed in claiming the senior disease benefit, a lump sum amount which is equal to six times of the monthly benefit will be paid out under the support benefit. The support benefit can only be claimed once. We will not pay this benefit if the insured suffered symptoms of, had investigations for, or was diagnosed with the illnesses or conditions at any time before the cover start date, or if the insured suffered symptoms of, had investigations for, or was diagnosed with Amyotrophic Lateral Sclerosis or Severe Chronic Obstructive Pulmonary Disease (COPD) at any time before or within 90 days after the cover start date.

  3. If the insured is diagnosed with any of the conditions covered under special benefit, a lump sum amount which is equal to three times of the monthly benefit will be paid out under the special benefit. The lump sum amount is subject to a cap of S$6,000. It can only be claimed once. We will not pay this benefit if the insured suffered symptoms of, had investigations for, or was diagnosed with, the illnesses or conditions at any time before or within 180 days after the cover start date.

  4. If the insured dies after one year from the cover start date, a death benefit of $10,000 will be paid out. If the insured dies within one year from the cover start date, the total premium paid, will be refunded from the cover start date. The policy will end after the death benefit is paid out.

  5. If you succeed in claiming the senior disease benefit, we will waive premiums that are due from the date the insured is diagnosed with a specified senior disease, until the end of the policy. The policy will end upon the insured’s death; when all benefits under the policy had been paid; or at the end of the contract term, whichever is the earliest.

  6. This plan is not guaranteed acceptance and is subjected to underwriting. We will not pay any benefits if your claim arises from a material pre-existing condition that was not told to us. Please refer to the policy contract for further details.


  7.  

Exclusions

 

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 conditions. 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 plan does not have any cash value.

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).

Information is correct as of 15 February 2017

Frequently asked questions

How to apply

For enquiries about term life insurance, please call our hotline:
6788 1122

Speak to your Income adviser, or use our online matching tool to find an adviser who’s right for you.

Find an adviser now

Can we help?


Get in touch with us for product information and existing
policy support.

Submit a claim


We are committed to a quick and fair claim response.
Learn more about the claim process

Call us
Dedicated claim hotlines

Find us
Claim servicing branches