Take on life with confidence
Buying life insurance should be easy. Select the coverage you need, submit your application online, and you’re all set!
With MySimpleTermPlan, you can do just that. It’s a term life insurance plan that offers financial assurance for your loved ones if you’re no longer able to provide for them. It’s a simple solution that helps you save time, money and a lot of confusion.
Premiums1 start from S$0.372 per day for S$500,000 coverage. That’s less than the cost of a cup of Kopi.
You have the flexibility to decide whether you want to renew the plan on a yearly basis1.
It offers financial assurance
Should any of the covered events occur, there’ll be a lump-sum payout that can be used for your children’s education fund or repayment of debt such as your home mortgage.
Simple is better
MySimpleTermPlan is a yearly renewable term life insurance plan that gives a cash payout in the event of death, terminal illness or total and permanent disability during the coverage period. It’s affordable and has an online purchase option, making it easy for you to take on life with confidence.
Premiums1 start from S$0.372 per day for S$500,000 coverage.
- Lump-sum payout
In the event of death, terminal illness or total and permanent disability
- Choice of coverage level
Sum assured ranges from S$150,000 to S$500,000, so you can select what you need.
- Continuous coverage
Renew your plan yearly for non-stop coverage until you’re 86 years old1.
Here’s how MySimpleTermPlan works
Options for more comprehensive protection
No one is immune to accidents and critical illnesses, but you can prevent them from affecting your financial security. That’s why MySimpleTermPlan lets you add on essential riders for greater assurance.
Personal Accident Cover
This rider3 covers you in the event of an accident-related injury or death. You can choose a sum assured amount of S$100,000 to S$500,000.
Critical Illness Cover
Get a lump-sum payout in the event you’re diagnosed with any of the 36 severe-stage critical illnesses covered3 including cancer and stroke. You can choose a sum assured amount of S$50,000 to S$350,000.
Now comes the easy part!
Follow these three simple steps to get your term life coverage today.
Our application process takes less than 10 minutes. Get your personal details ready or you can retrieve them securely via MyInfo with Singpass.
Personalise your coverage
Select the coverage you need plus optional add-ons such as personal accident rider or critical illness rider for a more comprehensive protection.
Complete your application
Simply answer our health and income-related questions to complete your application. And you’re all set!
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