NTUC Income have just launched a new whole life insurance plan, known as Vivolife.
The policy covers death and 30 critical illness for the entire lifetime and Total and Permanent Disability before age 65.
You can select a fixed premium term of 10,15,20,25 years, up to age 64 at last birthday or up to age 84 at last birthday.
The good, good thing about this plan is that upon death due to accident, NTUC Income will pay 3 times the sum assured + bonus.
Another unique factor about this plan is the Retrenchment Waiver.
If after a waiting period of 6 months, you are retrenched and remained unemployed for a continuous period of 3 months, premiums on this policy will be waived up to 6 months.
After doing some comparison with the plans from other insurance companies, I find that NTUC Income Vivolife fares much better than the rest.
This is due to
1) Triple Accidental death benefit
2) Retrenchment Waiver
3) Limited Payment Period Available
You must get NTUC Income Vivolife! 🙂
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18. January 2008 at 7:15 am
Yes excellent products… just back from the official launch at Vivo! NTUC all the way!
=)
19. January 2008 at 2:29 pm
Jack Lan >>> Yup2… NTUC Income have the best financial products in town!
Its a matter of time, we will be the number 1. 🙂