Life Protector 20 protects against adversities by providing lifetime protection as well as potentially high returns. The plan is designed to limit the premium commitment to only 20 years, and that the customer can enjoy a lifetime of protection without further premium payments. It provides protection for loss of life, Terminal Illness* (TI) and Total and Permanent Disability* (TPD). In the event of TPD, a lump sum benefit is paid. |
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| * Coverage against Terminal Illness (TI) and Total and Permanent Disability (TPD), before the policy anniversary immediately after the 65th birthday of the life insured. The life insured cannot claim for both TI and TPD. |
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Enjoy lifelong protection with 20 years of premium payments. |
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Protection for loss of life, Terminal Illness (TI) and Total and Permanent Disability (TPD). In the event of TPD or TI, a lump sum benefit will be paid. |
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Accumulates cash value overtime providing potentially higher savings. |
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Choice of supplementary benefits are available for additional benefits and protection. |
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| Disclaimers |
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This plan is underwritten by Manulife and acceptance of the proposal is subject to underwriting. Buying a life insurance 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. Customers are advised to approach a SBI financial adviser for more information and advice on any life policy plan listed in this website.
No representation or warranty whatsoever (including without limitation any representation or warranty as to accuracy, usefulness, adequacy, timeliness or completeness) in respect of any information (including without limitation any statement, figures, opinion, view or estimate) provided herein is given by SBI and it should not be relied upon as such. SBI does not undertake an obligation to update the information or to correct any inaccuracy that may become apparent at a later time. SBI shall not be responsible or liable for any loss or damage whatsoever arising directly or indirectly howsoever in connection with or as a result of any person acting on any information provided herein. |
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| Individuals of age 0-70 (age last birthday) |
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| Documents to be submitted along with the application form (originals to be produced for face to face verification) |
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Singaporeans / Permanent Residents: |
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- Photocopy of NRIC, both sides (The NRIC should have latest address of the applicant) |
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Non – Singaporeans |
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- Photocopy of Passport or |
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- Photocopy of Employment Pass / Work Permit / Dependant Pass and |
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- Document proof of address (i.e. utility bill, driving license etc.), if not same as in Employment Pass / Work Permit / Dependant Pass |
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| Walk in to any of our branches to talk to our Relationship Managers |
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