Child Protection Bundle

Specially designed for new mums and dads who would like to get sufficient coverage for your precious little ones.

Overview

As parents, we want to give our children the best. Besides a memorable and happy childhood, we want them to have a good education and to be adequately covered for unforeseen situations.

At MoneyOwl, we have put together a carefully designed package for your newborn’s needs. This package comprises products across insurers to suit different needs and budget.

Child Protection Plans

Our Child Protection Plans provides your child with protection against key life risks. With the payout benefit, it gives you the option to stop working to look after your child and/or pay for alternative treatment. The monthly premium below is based on a newborn boy.

Coverage for Baby Boy Prime Protection Package Plus Protection Package
Death & Total Permanent Disability $5,000 $300,000 + Bonuses
Early Critical Illness $100,000 (up to 6 times) till age 65 $100,000 + Bonuses Till WHole of Life
Late-stage Critical Illness Up to $300,000 (up to 2 times) till age 65 Up to $300,000 + Bonuses Till Whole of Life
Hospital Ward Charges As Charged or up to specific limits for cancer related treatments
(for Restructured & Private Hospitals)
Treatment (includes Proton Beam, cancer treatments, kidney dialysis, etc)
Pre/Post-Hospitalisation Treatment Up 180 & 365 days respectively1
Annual Limits of Hospital Claim $1,500,000
Deductible & Co-insurance Covers Deductible & pay 10% co-payment capped at $3,0001 Covers Deductible & pay 5% co-payment capped at $3,0001
Indicative Monthly Premium4 $91 per month or $1,090 per year $185 per month23 or $2,217 per year5
Estimated 1st year basic commission rebate $177 $281

1 For treatment by panel doctors or extended panel

2 Has the option to choose from 10,15,20,25 years limited-premium term.

3 Has the option to choose from 2x, 3x, 4x additional coverage till age 65 or 75

4 Yearly premiums are based on the insured’s age at next birthday, and will increase when insured reaches the next age band. Premium rates are non-guaranteed and may be reviewed from time to time.

5 Includes a limited premium payment period of 20 years component

Child Protection Bundle Enquiry

Terms & Conditions:

  1. Please note that insurance policies T&Cs applies. Packages may not take into account your personal financial situation and particular needs. Speak to MoneyOwl’s client advisers if you require specific financial advice.
  2. This advertisement has not been reviewed by the Monetary Authority of Singapore.