1 A waiting period of 90 days will apply from the date of policy issue, inclusion or increase of any benefit, or policy reinstatement (whichever is latest). For advanced stage dread disease, the waiting period is only applicable to major cancers, heart attack, other serious coronary artery disease and coronary artery bypass surgery.
2 Applicable if insured dies or is certified to be terminally ill before age 65. If the insured dies or is certified to be terminally ill from age 65 onwards, remaining sum assured with bonuses will be paid. The maximum aggregate benefit payable for terminal illness per insured is $3 million, inclusive of all policies issued by us and other insurers.
3 A waiting period of 90 days from the date of policy issue, inclusion or increase of any benefit, or policy reinstatement (whichever is latest) and a survival period of 30 days from the date of occurrence of insured event will apply.
This is for general information only. The precise terms, conditions and exclusions of this plan are specified in the policy contract.
This plan is underwritten by NTUC Income 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.
This document is published for information and general circulation only and does not take into account the specific investment objectives, financial situation and particular needs of any specific person. Investors may wish to seek advice from a financial adviser before making a commitment to purchase the insurance product. In the event that an investor chooses not to seek advice from a financial adviser, the investor should consider whether the insurance product in question is suitable for him.
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 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.
Information is correct as of 19 August 2013
You can choose a premium payment term of 20 or 25 years, up to age 64 or age 84 (last birthday). The corresponding entry age for each premium payment term are as stated below.
Please speak to our Relationship Manager for more information on the premiums charged.
The above documents are required for the purchase of the insurance policy.
Walk in to any of our branches to talk to our Relationship Managers