Senior Plan

Guaranteed protection for seniors

Have you been told that you are too old for insurance? How young must you be before an insurer agrees to cover you without a high premium or complicated medical check-up?

At NTUC Income, you are never too old even if you are 50 or above.

With our Senior Plan, all seniors from age 50 to 70 can be insured for up to $15,000 sum assured.

Guaranteed Acceptance *

Your life insurance cover will be guaranteed even if you have a medical condition like a previous stroke, bypass surgery, breast cancer etc.

*As long as you have not been hospitalised for the past 12 months

Hassle-free Application

No medical examination is required. Application is completely hassle-free.

Free Lifetime Cover After 10 Years

You are assured of a guaranteed cover for life with no more contribution after 10 years. Your plan will also attract bonuses and continue to grow.

Affordable Premiums

Just for you, premiums are designed to be affordable. For $10,000 sum assured, a 55 year-old male pays just $2.50 a day.

Insurance Cover

Insurance cover starts at 20% of the sum assured and increases to 100% by the fifth year. Thereafter, your cover may increase each year with bonus. If premiums paid exceed the sum assured, the full premiums will be refunded.

In the event of permanent total disability before age 65, you will receive the sum assured and bonuses over 4 years.

Gift For Your Loved Ones

Children may like to pay part or all of the premiums for their parents as an expression of love and effort to meet parents' future needs. It will help to alleviate unnecessary financial burden on the family.

Buying a life insurance plan is a long-term commitment. An early termination of the policy usually involves high costs and the surrender value payable may be less than the total premiums paid.