NTUC Income PrimeShield Review

NTUC Income PrimeShield product details

• Non-participating policy – Disability Income Insurance
• A health insurance plan designed to complement Basic Eldershield that provides long-term coverage against severe disability
• Only ElderShield policyholders may apply for this plan
• If you are incapable of performing at least three activities of daily living, this policy will pay a monthly disability benefit for life, less any payment under your Basic ElderShield plan. NTUC Income also gives you a one-time lump sum benefit which is equal to three times your monthly disability benefit
• If your child is under 21 years old and you become severely disabled, we pay an additional 25% of the monthly disability benefit for up to 36 months in your lifetime
• You will receive a one-time payout equivalent to three times your monthly disability benefit if you recover from the severe disability
• NTUC Income gives a one-time payout equivalent to three times your monthly disability benefit in the event of death while receiving the monthly disability benefit under this policy
  
  

Read About: 3 things to consider before taking up a new financial product

Features of NTUC Income PrimeShield at a glance

Cash and Cash Withdrawal Benefits
Cash value: No
Cash withdrawal benefits: No

Health and Insurance Coverage
Death: No
Total Permanent Disability: No
Terminal Illness: No
Critical Illness: No
Early Critical Illness: No

Health and Insurance Coverage Multiplier
Death: No
Total Permanent Disability: No
Terminal Illness: No
Critical Illness: No
Early Critical Illness: No

Optional Add-on Riders
NA

Additional Features and Benefits
Yes.

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

Read Also: No budget for financial planning?

Is NTUC Income PrimeShield suitable for me?