NTUC Income has just launched Vivocare 100. It is a comprehensive limited premium, whole-life insurance coverage against the unexpected such as death, Total Permanent Disability (TPD) and extensive range of 100 medical conditions for Special, Juvenile, Early, Intermediate and Advanced stages of Dread Diseases.
Vivocare 100 covers
- Death and Terminal Illness – 300% Remaining of Sum Assured up till 65 years old, 100% of Remaining Sum Assured with bonuses from 65 years old onwards;
- 32 Early-stage dread diseases - 50% of Remaining Sum Assured or up to maximum $75K. Subsequent claim with total claims shall not exceed 50% of the Remaining Sum Assured. 7 days survival period applies. Whole-life coverage;
- 28 Intermediate-stage dread disease - 100% of remaining Sum Assured plus bonuses or up to maximum $150K (new dread disease) or the difference for the same early-stage dread disease already claimed within the waiting period of 6 months. Premium and Sum Assured are reduced upon claim. Whole-life coverage;
- 30 Advanced stages of Dread Diseases — 100% of Remaining Sum Assured plus bonuses, or the difference for the same early-stage dread disease already claimed within the waiting period of 6 months. Whole-life coverage;
- Total Permanent Disability — 100% of Remaining Sum Assured plus bonuses. Till 65 years old;
- Special Dread Diseases — Angioplasty, Diabetic Complications, Severe Osteoporosis, Severe Rheumatoid Arthritis, Dengue Hemorrhagic Fever, Systemic Lupus Erythematosus, Crohn’s Disease, Ulcerative Colitis, Breast Reconstructive Surgery and Pheochromocytoma. Till age 85. Extra 20% of Sum Assured given, up to $30K per condition, up to 5 conditions per policy. 7 days survival period applies;
- Juvenile Benefits – Osteogenesis Imperfecta, Severe Haemophilia, Insulin Dependent Diabetes Mellitus, Kawasaki Disease, Rheumatic Fever with Valvular Impairment, Type Juvenile Spinal Amyotrophy, Wilson’s Disease, Systemic Juvenile Rheumatoid Arthritis, Intellectual Impairment due to Sickness or Injury and Glomerulonephritis with Nephrotic Syndrome. Till age 18. Extra 30% of Sum Assured given, up to $30K per condition, up to 5 conditions per policy. 7 days survival period applies.
The premium option is 15-year, 20-year, 25-year, up to 64 age Last Birth Date (LBD), or 84 age LBD.