Singlife Disability Income Review

The complete Pros and Cons on Singlife Disability Income

Singlife Disability Income (previously known as Aviva IdealIncome) offers replacement income for short and long-term disability caused either by accidents or illnesses.

Flexible coverage is guaranteed renewable and continues until your chosen age of retirement (55, 60, or 65 years). Enjoy perpetual 35% off premiums on your first year and future premiums.

Singlife Disability Income product details

  • Non-participating policy – Disability Income Insurance
  • Protection against short and long-term disability caused either by accidents or illnesses
  • Providing you with a replacement income that continues to support you and your loved ones during disability
  • Flexible coverage is guaranteed renewable and continues until your chosen age of retirement (55, 60, or 65 years)
  • Receive monthly benefit of up to 75% of your income
  • Waiver of premiums while you are receiving benefits
  • Receive a Partial Disability Benefit when you are able to return to work at a lower capacity, after total disability.
  • Choice of escalating your monthly benefit by 3% per annum, keeping up with inflation
  • Death benefit of S$5,000 payable if death occurs while receiving the total or partial disability benefit
  • Reimbursement up to 3 times the monthly total or partial disability benefit for rehabilitation purpose

Read About3 things to consider before taking up a new financial product

Features of policy at a glance

Cash and Cash Withdrawal Benefits

Cash value: No
Cash withdrawal benefits: No

Health and Insurance Coverage

Death: NA
Total Permanent Disability: NA
Terminal Illness: NA
Critical Illness: NA
Early Critical Illness: NA

Health and Insurance Coverage Multiplier

Death: NA
Total Permanent Disability: NA
Terminal Illness: NA
Critical Illness: NA
Early Critical Illness: NA

Optional Add-on Riders

NA

Additional Features and Benefits

Yes.

For further information and details, refer to Singlife website. Alternatively, fill up the form below and let us advise accordingly.

Read Also: No budget for financial planning?

Is Singlife Disability Income suitable for me?

Contact InterestGuru using the form below. Our panel of licensed financial advisers will advise accordingly, based on your financial profile and protection needs.

All financial reviews and proposals provided are 100% free of charge. There will be no obligation to take up any proposed financial products or services in any way.

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    DeathTotal and Permanent DisabilityCritical Illness (Early stage)Critical Illness (Advance and Late stage)Income in the event of Disability

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    Before you go...
    Singlife Disability Income may be a good fit towards your current financial goals. However, there could be way more plans out there with features and/ or benefits that could be more relevant to you at a lower cost.
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