Specially designed for new mums and dads who would like to get sufficient coverage for your precious little ones.
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.
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
Terms & Conditions:
Get the best of MoneyOwl delivered straight to your inbox.
Connect With Us
