Life Insurance Overview for Singapore
We can help you plan for life’s uncertainties.
Leave your legacy – not your liabilities. Feel better knowing you and your family have a sound enough financial cushion if something unexpected happens to you, permanently cutting off your income.
Group Life Insurance Benefit
Your Life Insurance benefits equals 48 times your Basic Monthly Salary through AIA. It covers Death, Terminal Illness and Repatriation up to age 74 and Total & Permanent Disability up to age 69.
Group Personal Accident Benefit
The amount of insurance is 36 times your Basic Monthly Salary through Chubb. It covers Death as a result of accident, Total Permanent Disablement as a result of accident and Dismemberment as a result of accident (accordance to the percentage stated in the Table of Events, on amount shown in the Policy Schedule)
You will be automatically enrolled for the Life and GPA insurance plans administered by AIA and Chubb respectively, as of your date of hire.
For details of the plan, please refer to the Group Insurance Benefits Summary which is available on the APAC News Corp Benefits Site > Summary > Benefits Summary – Singapore.