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It is a regular premium, non-participating, reducing term assurance plan, designed to provide protection against financial liability such as mortgage loans.
Benefits at a glance.
Peace of mind for your loved ones
Settles your outstanding mortgage loan if you are no longer around, so they will not be financially burdened.
Added assurance
Option of joint protection with your partner, so your dependents remain financially secure no matter what happens.
How to decide if this plan is suitable for you.
This is suitable if you want:
✔︎ A protection plan to take care of your mortgage loan.
✔︎ Coverage against death, Total and Permanent Disability (TPD) and/or Critical Illnesses(CI).
✔︎ Joint protection with your loved ones.
This is not suitable if you want:
✖︎ A savings plan.
✖︎ A one-time premium commitment.
✖︎ Regular payouts during the policy term.
Features of TM Mortgage Protection.
All ages mentioned in this website are based on age next birthday. All benefits and features mentioned herein are subject to terms and conditions of the policy. You must refer to the Policy Contract for the precise terms and conditions of this insurance plan.
This plan is underwritten by Tokio Marine Life Insurance Singapore Ltd. and is only available through our authorised distributors. Kindly obtain the required product disclosures and seek advice from a financial adviser before making a commitment to purchase this plan. As buying a life insurance policy is a long-term commitment, an early termination of the policy usually involves high costs and the surrender value, if any, that is payable to you may be zero or less than the total premiums paid. It is also detrimental to replace an existing life insurance policy with a new one as the new policy may cost more or have fewer benefits at the same cost.
For policies distributed in Singapore: 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 the coverage, where applicable, please contact us or visit the LIA or SDIC websites (www.lia.org.sg or www.sdic.org.sg).
This advertisement has not been reviewed by the Monetary Authority of Singapore.
Information shown in this webpage is for reference only and is correct as at 1 Feb 2019.
Protect yourself and all you love
Ensure your child has the bright future they deserve
Give your employees peace of mind to perform at their best
Enjoy extended medical coverage for your employees
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