NTUC Income Care Secure Review

NTUC Income Care Secure is a supplementary plan for CareShield Life. CareShield Life starts payout upon disability to perform 3 of 6 Activities of Daily Living (ADLs) while NTUC Income Care Secure starts paying out upon disability to perform 2 of 6 ADLs.

NTUC Income Care Secure product details

• Non-participating policy – Disability Income Insurance
• Fundable by MediSave
  • Pay premiums using MediSave up to $600 per year

• Monthly Disability Benefit
  • Receive monthly disability benefit of $1200 up to $5000 per month  upon disability to perform 2 of 6 ADLs
• Support Benefit
  • Receive a lump-sum 3x the disability benefit upon disability to perform 2 of 6 ADLs
  • Receive a lump-sum 6x the disability benefit upon disability to perform 3 of 6 ADLs
• Dependant Benefit
  • Receive an additional 25% of the disability benefit per month up to 36 months
• Death Benefit
  • Receive 3x the disability benefit upon the death of the life insured if he/she was already receiving the disability benefits

Read also: An Introduction To Disability Income Insurance Policies

Features of NTUC Income Care Secure at a glance

Cash and Cash Withdrawal Benefits

Cash value: No
Cash withdrawal benefits: No

Health and Insurance Coverage

Death: No
Total Permanent Disability: No
Terminal Illness: No
Critical Illness: No
Early Critical Illness: No

Health and Insurance Coverage Multiplier

Death: No (Yes if death occur whilst receiving disability benefit)
Total Permanent Disability: No
Terminal Illness: No
Critical Illness: No
Early Critical Illness: No

Optional Add-on Riders

NA

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.

Read Also: No budget for financial planning?

Read also: Guide on Retirement Planning in Singapore

Is NTUC Income Care Secure suitable for me?

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