PaySecure Overview Losing your income and the ability to maintain your current
lifestyle can be devastating, both financially and emotionally.
This is why PaySecure, an income protection plan is designed to
‘lock in’ and safeguard your earning power against unsuspecting
changes. Essentially, PaySecure guarantees you a pay cheque even
when you are unable to work!
Designed to provide maximum flexibility, PaySecure can be customized
to your individual needs. Should you be unable to work due to sickness
or injury, PaySecure will pay you a monthly benefit to help you
during the loss of your income.
Unlike other health and living assurance plans which provide lump
sum benefits, PaySecure provides you with a regular stream of income
during your disability period, allowing you to maintain your lifestyle.
What’s more, PaySecure is also available as a rider to complement
your savings and life protection plans.
Key Benefits
Guarantees
you a monthly benefit during your period of disability
Supplements your
earnings if you return to work at a reduced salary
Waives your premiums
during the time that you are in receipt of a benefit
Allows for cover
even between replacement
Provides replacement
income up to a maximum of $15,000 per month*
Allows for residence outside of Singapore*
*
Terms and conditions apply
Please take
note that all ages refer to age at next birthday
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.
It is usually detrimental to replace an existing accident and health
insurance policy with a new one. A penalty may be imposed for early
policy termination and the new policy may cost more or have less
benefits at the same cost.
