Singlife Disability Income Review
The complete Pros and Cons on Singlife Disability Income
Singlife Disability Income (previously known as Aviva IdealIncome) offers replacement income for short and long-term disability caused either by accidents or illnesses.
Flexible coverage is guaranteed renewable and continues until your chosen age of retirement (55, 60, or 65 years). Enjoy perpetual 35% off premiums on your first year and future premiums.
Singlife Disability Income product details
- Non-participating policy – Disability Income Insurance
- Protection against short and long-term disability caused either by accidents or illnesses
- Providing you with a replacement income that continues to support you and your loved ones during disability
- Flexible coverage is guaranteed renewable and continues until your chosen age of retirement (55, 60, or 65 years)
- Receive monthly benefit of up to 75% of your income
- Waiver of premiums while you are receiving benefits
- Receive a Partial Disability Benefit when you are able to return to work at a lower capacity, after total disability.
- Choice of escalating your monthly benefit by 3% per annum, keeping up with inflation
- Death benefit of S$5,000 payable if death occurs while receiving the total or partial disability benefit
- Reimbursement up to 3 times the monthly total or partial disability benefit for rehabilitation purpose
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Features of policy at a glance
Cash and Cash Withdrawal Benefits
Cash value: No
Cash withdrawal benefits: No
Health and Insurance Coverage
Death: NA
Total Permanent Disability: NA
Terminal Illness: NA
Critical Illness: NA
Early Critical Illness: NA
Health and Insurance Coverage Multiplier
Death: NA
Total Permanent Disability: NA
Terminal Illness: NA
Critical Illness: NA
Early Critical Illness: NA
Optional Add-on Riders
NA
Additional Features and Benefits
Yes.
For further information and details, refer to Singlife website. Alternatively, fill up the form below and let us advise accordingly.
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Is Singlife Disability Income suitable for me?
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