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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.
The Child Protection Plan 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 child.
Protection Against Key Life-Risks | Deluxe Package |
---|---|
Plans | Whole Life (pay for 25 years) + Hospital Plan |
Critical Illness, Death & TPD | $200,000 |
Early Critical Illness (including 11 child-related illnesses*) | $100,000 |
Hospitalisation | Private Hospital (5% co-payment) |
Monthly Premium^ | $142 |
Estimated Total Rebate (first-year) | $192 |
*In the event of any of the 11 listed child-related illnesses, there will be a payout of 20% of the rider sum assured, up to 5 claims. ^Monthly premium is based on a new-born child and it does not include the amount that can be funded by CPF for the Hospitalisation benefit.
*This is the list of 11 child-related medical conditions covered:
Terms & Conditions:
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