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CreditCare

Overview
Make sure you protect your family against the consequences of defaulting on your loans should you be unable to pay them off due to an illness, disability, or death. Great Eastern Life’s CreditCare protects you from such liabilities, whether it’s a car loan, education loan, or credit card bills. For your housing loan, we recommend MortgageCare, with features designed specifically for home loan coverage.

With CreditCare, your coverage level decreases as the outstanding loan amount decreases, allowing you to purchase just the right amount of insurance to protect yourself. And you only pay premiums for 80% of your policy term.

  Key Benefits
Premium paying term of only 80% of your policy term. Thus, if the policy term is 10 years, you only need to pay premium for 8 years.
 
Benefit payment in the event of death or total and permanent disability
 
Conversion privilege allows you to convert the policy into an Endowment or Whole Life policy without evidence of insurability.
 
The option to enhance your plan with major illness coverage.
   
LIG
Let Great Eastern make it work for you!
Contact your Life Planner from Great Eastern to discover more.
   


Suitable for:
- Newly Weds
- Parents

 

Analyse your needs, develop your Life Plan now.
The above is for general information only. It is not a contract of insurance. Please refer to the policy document for the precise terms and conditions of the insurance plan.

Buying a life insurance policy 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 premium paid.

   
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Saturday, 6 Sep 2008 (SGT)
 
 
 
 
 
 
 
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