Specially designed for young adults (between 21 to 29 years old) who
have just entered the workforce: are busy and are unsure of what insurance to buy.
You may have just started working and are wondering what kind of insurance you need. At MoneyOwl, we’ve made the decision easier with our carefully designed package for someone like you. These packages comprise products across insurers to suit different needs and budget.
The purpose of buying insurance is to protect your family and you against the loss of income as well as huge medical cost due to life risks. With this bundle, you can be adequately covered with less than $6 a day.
| Protection Against Key Life-Risks | Deluxe Package | |
|---|---|---|
| Death/Total and Permanent Disability | $1,000,000 | |
| Early Critical Illness (CI) Covers 72 Early or Intermediate stage Critical Illnesses | $100,000 per claim | Up to a maximum claim of $900,000 for early, intermediate, severe and recurrent Critical Illness. (Maximum claim for early and severe CI is $600,000 and maximum claim for recurrent CI is $300,000) |
| Severe Stage Critical Illness Covers 60 Severe Stage Critical Illnesses such as major cancers, heart attacks and stroke | $300,000 less claims made on early CI, if any | |
| Recurrent Critical Illness Benefit Covers 6 Recurrent Critical Illnesses including Major Cancer Re-diagnosed, Recurrent Heart Attack of Specified Severity and Recurrent Stroke with Permanent Neurological Deficit | $150,000 per claim, up to 2 claims | |
| Hospitalisation | Covers to Private Hospital (5% co-payment) | |
| The packages have term plans that cover you during your working years till age 65 and a hospital plan provides you lifetime coverage. | ||
| Monthly Premium^ | $150 (Male) | $154 (Female) |
| Estimated Total Rebate (first-year) | $375 (Male) | $389 (Female) |
# Monthly premium is based on a 25-year-old person, premium for Term Plan based on discounted rates due to ongoing promotion and premium for Hospitalization benefit does not include amount that can be funded by CPF Medisave.
Terms & Conditions:
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MoneyOwl to Wind Down Financial Advisory Business by End-2023
MoneyOwl announced on August 31, 2023, that it is winding down its financial advisory business and that all commercial activities will cease by December 31, 2023.
For more information, please visit our microsite here.
