tr?id=188631522951043&ev=PageView&noscript=1 China Taiping Insurance Singapore Launches i-Secure Legacy

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The Only Whole Life Protection Plan in the Market that Provides Lifetime Guaranteed Benefit for Death & Critical Illnesses.

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Singapore, April 21, 2022: China Taiping Insurance (Singapore) Pte. Ltd. ("CTPIS") today announced the launch of i-Secure Legacy providing Guaranteed Benefit (“GB”) for death and critical illness for a lifetime, making it the only protection plan in the market that offers such benefit. i-Secure Legacy allows policyholders to choose GB of up to four times the sum assured till age 76 or 86, thereafter the GB decreases by 10% each policy year for five years and remains at 50% for life. 

Mr. Lance Tay, General Manager, Life Insurance, China Taiping Insurance Singapore said, “i-Secure Legacy is our 3rd generation of enhanced protection plan aiming to provide our customers greater peace of mind with 360° coverage for the longest period. Our customers can enjoy immediate high protection with Guaranteed Benefit of 2, 3, or 4 times of their sum assured and critical illness coverage for up to 161 medical conditions.”

About i-Secure Legacy
  • The only whole life protection plan in the market that provides lifetime GB for death and critical illness.
  • Offers GB of 2, 3, or 4 times of sum assured until age 76 or 86, one of the highest age options in the market. GB will decrease by 10% each policy year for five years till age 80 or 90 respectively and will remain at 50% for life.
  • Provides lifetime coverage against Death, Terminal Illness and Total and Permanent Disability.
  • Comes with an exclusive whole life critical illness rider with GB factor of up to 4 times, covering a total of 161 medical conditions across all stages of critical illnesses.
  • Premium payment term is as short as 5 years.

Tay added, “Singaporeans and permanent residents are only covered for 80% of their mortality protection needs and 20% of their CI protection needs*. With the escalating healthcare cost, treatment for major critical illness can easily wipe out one’s hard-earned savings and one may also be unable to continue to earn a steady income when critical illness strikes. i-Secure Legacy is designed for Singaporeans to bridge their protection gap with competitive benefits and premium.”

i-Secure Legacy is available via our Financial Advisory partners. More information about the new plan can be found here.

 

Media Contact

China Taiping Insurance (Singapore) Pte. Ltd.

Cindy Cheng
Head, Marketing
Tel: (65) 6389 6158
cindy.cheng@sg.cntaiping.com

Stephanie Wong
Manager, Marketing
Tel: (65) 9247 6661
stephanie.wong@sg.cntaiping.com