NTUC Income DIRECT Star Classic Protect Review
The complete Pros and Cons on NTUC Income DIRECT Star Classic Protect
NTUC Income DIRECT Star Classic Protect is a participating whole life insurance plan, receive non-guaranteed bonus alongside sum assured coverage when a claim is made.
NTUC Income DIRECT Star Classic Protect product details
- Life policy – Whole Life Policy
- Coverage; Sum Assured $50,000 to $200,000
- Be covered 100% of Sum Assured against Death, Terminal Illness, and Total and Permanent Disability (TPD up to age 65)
- Premium Term
- Pay premiums up to age 69 or 84 Age of Next Birthday (ANB)
- DIRECT Dread Disease Rider for Whole Life
- Receive coverage against Critical Illnesses
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Features of NTUC Income DIRECT Star Classic Protect at a glance
Cash and Cash Withdrawal Benefits
Cash value: Yes
Cash withdrawal benefits: No
Health and Insurance Coverage
Death: Yes
Total Permanent Disability: Yes
Terminal Illness: Yes
Critical Illness: No (Yes with rider)
Early Critical Illness: No
Health and Insurance Coverage Multiplier
Death: No
Total Permanent Disability: No
Terminal Illness: No
Critical Illness: No
Early Critical Illness: No
Optional Add-on Riders
DIRECT Dread Disease Rider for Whole Life
Additional Features and Benefits
Yes.
For further information and details, refer to NTUC Income website. Alternatively, fill-up the form below and let us advise accordingly.
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NTUC Income DIRECT Star Classic Protect may be suitable if you are looking for
NTUC Income DIRECT Star Classic Protect may potentially be a good fit if the following matters to you:
- Higher protection for Death, Total and Permanent Disability, and Terminal Illness coverage at an affordable premium.
- Higher Critical Illness coverage with a rider in an Insurance Policy.
- Health and Protection coverage due to a shortfall in your Insurance Portfolio.
- Accumulating cash value in the policy for financial returns in the long-term.
- Paying premiums only for a limited number of years and enjoying coverage for a lifetime.
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NTUC Income DIRECT Star Classic Protect may not be suitable if you are looking for
NTUC Income DIRECT Star Classic Protect may potentially be a bad fit if the following matters to you:
- Liquidity or flexibility of withdrawal in your Insurance policy.
- Access to cash from your policy on a regular basis.
- Insurance policy with a high surrender value in the early years of the policy.
- Potentially higher financial returns compared to a pure investment product.
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Further considerations on NTUC Income DIRECT Star Classic Protect
- How are the investment returns of NTUC Income or NTUC Income DIRECT Star Classic Protect based on historical performance?
- How good is NTUC Income DIRECT Star Classic Protect compared to Whole Life Policies from other insurance companies?
- Can NTUC Income DIRECT Star Classic Protect fulfill my financial insurance, health, and protection needs?
The above information may not fully highlight all the product details and features on NTUC Income DIRECT Star Classic Protect. Talk to us or seek advice from a financial adviser before making any decision about NTUC Income DIRECT Star Classic Protect.
Always ensure your long-term financial goals and objectives are aligned with the financial product you are considering to take up.
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Compare before you commit
Before committing to a whole life insurance policy, it certainly pays to make an effort to compare. Specific product features, benefits, and payouts will differ more than you think across insurance companies.
Why regret only years later, when you find out that you are not getting the best insurance policy available for the premium paid?
Even worse, to know you can compare whole life insurance plans here, 100% free of charges on the InterestGuru.sg platform.
Is NTUC Income DIRECT Star Classic Protect suitable for me?
Contact InterestGuru using the form below. Our panel of licensed financial advisers will advise accordingly, based on your financial profile and protection needs.
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