NTUC Income Care Secure is a supplementary plan for CareShield Life. CareShield Life starts payout upon disability to perform 3 of 6 Activities of Daily Living (ADLs) while NTUC Income Care Secure starts paying out upon disability to perform 2 of 6 ADLs.
NTUC Income Care Secure product details
- Non-participating policy – Disability Income Insurance
- Fundable by MediSave
- Pay premiums using MediSave up to $600 per year
- Monthly Disability Benefit
- Receive monthly disability benefit of $1200 up to $5000 per month upon disability to perform 2 of 6 ADLs
- Support Benefit
- Receive a lump-sum 3x the disability benefit upon disability to perform 2 of 6 ADLs
- Receive a lump-sum 6x the disability benefit upon disability to perform 3 of 6 ADLs
- Dependant Benefit
- Receive an additional 25% of the disability benefit per month up to 36 months
- Death Benefit
- Receive 3x the disability benefit upon the death of the life insured if he/she was already receiving the disability benefits
Read also: An Introduction To Disability Income Insurance Policies
Features of NTUC Income Care Secure 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 (Yes if death occur whilst receiving disability benefit)
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?
Read also: Guide on Retirement Planning in Singapore
Is NTUC Income Care Secure 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.
*For a limited time, get attractive incentives when you take up any products that is proposed by our team of financial planners.
We compare quotations head to head on all leading insurers in Singapore
