• NTUC Income VivoChild

Guaranteed Cash Benefits

 

You will receive guaranteed cash benefits* at different stages of your child’s education, from primary school to university. You can also choose to accumulate your cash benefits at an interest rate of up to 3.25% p.a.1

Covers Death And Total and Permanent Disability

Receive 100% of the sum assured and bonuses in the event of death or total and permanent disability of your child.

Hospital Benefit

 

Receive daily cash benefits** of $100 for each full day of hospitalisation, up to a maximum of 30 days per admission, in the event of hospitalisation due to hand-foot-mouth disease, food poisoning or dengue.

Underwritten By NTUC Income

NTUC Income's network of advisers and partners provide life, health and general insurance to serve the protection, savings and investments needs of two million customers across all segments of society.

Optional Rider(s) To Enhance Your Protection

  • Payor Premium Waiver
    Future premium payments of the basic plan will be waived in the event of death or total and permanent disability (TPD before age 70) of the policyholder during the term of the rider. This rider is applicable only if the insured is not the policyholder.
  • Enhanced Payor Premium Waiver
    Future premium payments of the basic plan will be waived in the event of death, total and permanent disability (TPD before age 70), or diagnosis of dread disease^ (except for angioplasty and other invasive treatment for coronary artery) of the policyholder during the term of the rider. This rider is applicable only if the insured is not the policyholder.
  • Dread Disease Premium Waiver
    Future premium payments of the basic plan will be waived if the policyholder is diagnosed with dread disease^ (except for angioplasty and other invasive treatment for coronary artery) during the term of the rider.
  • Early Cancer Waiver
    Future premium payments of the basic plan will be waived in the event of the diagnosis of early-stage cancer^^ during the term of the rider.

 

* You will start to receive the guaranteed cash benefit at specific policy anniversaries after the insured reaches certain milestone ages and only if premiums have been paid for at least one year. You will continue to receive subsequent cash benefits during the policy term and a maturity benefit at the end of the policy term if the insured is still alive and the policy has not ended.

** The hospital benefit only applies if the insured is hospitalised in a restructured or private hospital licensed in Singapore and can only be claimed once for each of these 3 conditions (hand-foot-mouth disease, food poisoning and dengue). The insured must have stayed in the hospital for at least 6 hours, unless (a) the hospital charges the insured for daily room and board; or (b) the surgery is a procedure listed in the Ministry of Health's (MOH) table of surgical procedures.

^ This benefit will not be paid if the insured was diagnosed with the disease within 90 days from the rider issuance date, include or increase any benefit, or reinstate the rider (whichever is latest) for major cancers, heart attack of specified severity, coronary artery by-pass surgery, angioplasty and other several invasive treatment for coronary artery or other serious coronary artery disease.

^^ Benefit will not be paid if the insured was diagnosed with the disease within 90 days from the issuance date, include or increase any benefit, or reinstate the rider (whichever is latest). The insured must survive for at least 30 days from the date of diagnosis.

For more information, please visit any of our branches or call us at CIMB At-Your-Service +65 6333 7777.

1 Interest rate of 3.25% p.a. is not guaranteed. Prevailing interest rate at the point of deposit will be determined by NTUC Income.

This information is intended for general circulation and does not take into account the specific investment objectives, financial situation or needs of any particular person. Advice should be sought from a financial adviser regarding the suitability of the investment product, taking into account the specific investment objectives, financial situation or particular needs of any person in receipt of the recommendation, before the person makes a commitment to purchase the investment product. Any mis-statement or non-disclosure of material facts may affect the validity of the policy. In the event that the person chooses not to seek advice from a financial adviser, he/she should consider whether the product in question is suitable for him/her.

This information is not a contract of insurance. The precise terms, conditions and exclusions of this plan are specified in the Policy Contract. Buying a life insurance policy 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.

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 the insurer or visit the GIA/LIA or SDIC website (www.gia.org.sg or www.lia.org.sg or www.sdic.org.sg).

This product is underwritten by NTUC Income and distributed by CIMB Bank.

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