LUV

 
 

As an NTUC member, you will automatically enjoy NTUC Gift Insurance coverage of up to $30,0001 for Death and Permanent and Total Disability. However, as a rule of thumb, you need at least 10 times2 your annual salary so that your immediate family members can tide over difficult times in the event that misfortune befalls.

Now, you can supplement your coverage with LUV at preferential rates from $4.503 a month for $50,000 coverage. LUV is an affordable term insurance plan designed for every NTUC member. Its comprehensive coverage includes:

  • Death, Permanent and Total Disability, and Permanent and Partial Disability4
  • Hospital Cash Benefit
  • 30 Critical Illnesses5

Basic Plan
This plan covers Death, Permanent and Total Disability and Permanent and Partial Disability4.

Deluxe Plan
This plan covers Death, Permanent and Total Disability, Permanent and Partial Disability4 and 30 Critical Illnesses5.

Sign up for LUV and receive
a set of stylish Irish Coffee drinkware now!
Valid from 22 February to 31 March 2010.

Important Notes:

  1. For 10 or more years of NTUC membership.
  2. Source: Life Insurance Association of Singapore, 29 March 2007.
  3. Applicable only to policyholders age 19 to 45 under Basic Plan 2.
  4. Schedule of losses apply for Permanent and Partial Disability due to an accident.
  5. Critical Illnesses coverage is only applicable to Deluxe Plan.
  6. Your child must be at least 15 days old at the point of application. Maximum entry age for child is 18 years old, age next birthday. Coverage will cease upon child attaining age of 25 years old.
  7. Maximum age of entry for proposer and spouse is 64 years old. If you take up the policy at or before age 60, you will be covered till 70 years old age next birthday. If you take up the policy after age 60, you will be covered till 65 years old age next birthday.

* Promotion Terms and Conditions:
Promotion is only applicable to NTUC members who successfully sign up for LUV plan during the promotion period from 22 February 2010 to 31 March 2010, or while stocks last, whichever is earlier. A set of Irish Coffee drinkware will be allocated on a first-come-first-served basis. All successful applications must be submitted and received by NTUC Income within the promotion period and the policies must be issued by 30 April 2010 in order to be eligible for one set of Irish Coffee drinkware. The minimum sum assured for each LUV application must be at least $50,000. Successful applicants will be entitled to only one set of Irish Coffee drinkware per policy issued, regardless of the number of lives insured. Other terms and conditions apply.

This advertisement is for general information only and is not a contract of insurance. The precise terms, conditions and exclusions of this plan are specified in the Master Policy Contract issued to National Trades Union Congress (NTUC). The cover for LUV will automatically cease upon the termination of the Master Policy by either NTUC Income or NTUC. You should seek advice from a qualified adviser if in doubt. If you choose not to, you will have to take sole responsibility to ensure that this product is appropriate to your financial needs and insurance objectives. This plan does not have any cash value.

This plan is underwritten by NTUC Income.
Information is correct as of 22 February 2010.

Underwritten by: