As you pay off your mortgage, ManuProtect Decreasing (II) reduces your insurance coverage accordingly. This ensures you are only insured for what you really need at affordable premiums.
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Footnotes:
1 Premium rates illustrated are based on non-smoking status and after applying joint lives premium discount. 2 Terminal illness (TI) is defined as an illness, which in the opinion of a medical examiner and on agreement of our appointed medical examiner, is likely to lead to death within 12 months from the date of diagnosis. In the event of TI during the policy term, the death benefit will be advanced in a lump sum.3 For joint lives applications, a premium discount will be applied to the basic plan throughout the policy premium term. This discount does not apply to any rider attached to the basic planThis advertisement has not been reviewed by the Monetary Authority of Singapore.Information is correct as at 13 October 2021.POSB Insurance Important Notes
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