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Product Summary
SAF LIVING CARE PLUS INSURANCE
Group Policy 2000002-07
Your protection against early critical illnesses for better financial & emotional well-being
Everyone is susceptible to critical illnesses, though some more than others. But the bottom line is,
these diseases diminish not only health but finances and emotional well-being of those who are in the
process of fighting it.
This is where Living Care Plus comes in. Covering early critical illnesses such as Early Cancer or Mild
Coronary Artery Disease to provide financial assistance for high costs such as surgical procedures,
radiation treatments, hospital stays, doctor visits, laboratory tests and prescription drugs which usually
run into thousands of dollars.
Should early critical illness strike, you can leave the financial burden on us and focus on getting the
best treatment options.
PRODUCT INFORMATION
WHY CONSIDER LIVING CARE PLUS?
Living Care Plus is a rider to the SAF Group Term Life Insurance. It provides you with financial
protection against common early critical illnesses, in addition to the coverage under the SAF Group
Term Life Insurance.
Coverage under Living Care Plus:
Early Cancer+
Implantable Heart Device / Early
Cardiomyopathy / Pericardectomy+
Transmyocardial Laser Revascularisation or
Insertion of Vena-cava Filter#+
Heart Valve Repair Surgery+
Mild Coronary Artery Disease+
Surgery to Aorta / Aortic Aneurysm+
Early Pulmonary Hypertension+
Kidney Removal+
Small Intestine / Corneal Transplant+
Brain Aneurysm Surgery / Insertion of
Cerebral Shunt+
+ The Life Insurance Association Singapore (LIA) has standard Definitions for 37 severe-stage Critical
Illnesses (Version 2014). These Critical Illnesses do not fall under Version 2014. For Critical Illnesses
that do not fall under Version 2014, the definitions are determined by the insurance company. You may
refer to www.lia.org.sg for the standard Definitions (Version 2014)
#
With effect from 1st Feb 2015
KEY FEATURES AND BENEFITS
• Receive financial protection of up to S$200,000 against early critical illnesses*
• Get one lump sum payment of the sum assured upon diagnosis of the early critical illnesses
• Compensation will not reduce the sum assured of the SAF Group Term Life Insurance
Aviva Ltd 4 Shenton Way #01-01 SGX Centre 2 Singapore 068807 Tel: (65) 6827 7988 Fax: (65) 6827 7900 www.aviva.com.sg
Company Reg. No.: 16900499K GST Reg. No.: MR-8500166-8
•
•
Coverage includes peacetime military training or operational duties
Complements existing Critical Illness / Living Care benefits
Note: If you do not have any critical illness coverage currently and want to apply for this insurance plan, you may wish to consider
applying for SAF Supplementary Living Care with this plan.
*Refer to www.aviva.com.sg/saf for the definitions of the early critical illnesses covered.
ELIGIBLE PERSONNEL
To have Living Care Plus, you must be:
•
An insured person with SAF Group Term Life insurance
•
Dependants who are insured under SAF Group Term Life insurance
•
An applicant below age 55
SUM ASSURED & PREMIUM RATES
•
Subject to underwriting, the maximum sum assured of this rider plan must not exceed the sum
assured of the SAF Group Term Life Insurance.
•
The monthly premium rate payable is revised on 1 October each year based on your age next
birthday (“ANB”). The prevailing premium rates listed in the table below are subject to change
as negotiated by SAF/MINDEF.
•
The monthly premium for this insurance will also be paid using the same payment method and
account as the SAF Group Term Life Insurance.
Monthly Premium based on Age Next Birthday for MALE as of
1 October each year (S$)
Age Next Birthday
1 to 20
21 to 25
26 to 30
31 to 35
36 to 40
41 to 45
46 to 50
51 to 55
56 to 60
61 to 65
S$ 50,000
S$ 1.50
S$ 1.50
S$ 5.00
S$ 5.00
S$ 5.00
S$ 5.00
S$ 8.50
S$ 16.00
S$ 29.88
S$ 44.00
S$ 100,000
S$
3.00
S$
3.00
S$ 10.00
S$ 10.00
S$ 10.00
S$ 10.00
S$ 17.00
S$ 32.00
S$ 59.75
S$ 88.00
S$ 150,000
S$
4.50
S$
4.50
S$ 15.00
S$ 15.00
S$ 15.00
S$ 15.00
S$ 25.50
S$ 48.00
S$ 89.63
S$ 132.00
S$ 200,000
S$
6.00
S$
6.00
S$ 20.00
S$ 20.00
S$ 20.00
S$ 20.00
S$ 34.00
S$ 64.00
S$ 119.50
S$ 176.00
Monthly Premium based on Age Next Birthday for FEMALE as of
1 October each year (S$)
Age Next Birthday
1 to 20
21 to 25
26 to 30
31 to 35
36 to 40
41 to 45
46 to 50
51 to 55
56 to 60
61 to 65
S$ 50,000
S$ 1.50
S$ 1.50
S$ 5.00
S$ 5.00
S$ 5.00
S$ 5.00
S$ 8.50
S$ 8.88
S$ 11.25
S$ 15.88
S$ 100,000
S$
3.00
S$
3.00
S$ 10.00
S$ 10.00
S$ 10.00
S$ 10.00
S$ 17.00
S$ 17.75
S$ 22.50
S$ 31.75
S$150,000
S$
4.50
S$
4.50
S$ 15.00
S$ 15.00
S$ 15.00
S$ 15.00
S$ 25.50
S$ 26.63
S$ 33.75
S$ 47.63
S$ 200,000
S$
6.00
S$
6.00
S$ 20.00
S$ 20.00
S$ 20.00
S$ 20.00
S$ 34.00
S$ 35.50
S$ 45.00
S$ 63.50
Aviva Ltd 4 Shenton Way #01-01 SGX Centre 2 Singapore 068807 Tel: (65) 6827 7988 Fax: (65) 6827 7900 www.aviva.com.sg
Company Reg. No.: 16900499K GST Reg. No.: MR-8500166-8
KEY PRODUCT PROVISIONS
HOW DOES THE PLAN PAY?
If the insured person is diagnosed to be suffering from one of the early critical illnesses as defined
by the terms and conditions of this insurance, group policy 2000002-07, the sum assured will be
payable subject to the following clauses:
i) Waiting Period
The Living Care Plus benefit is not payable if the early critical illness is diagnosed within sixty
(60) days from the date he is first covered or covered by reinstatement.
ii) Survival Period
Upon diagnosis of any one of the common early critical illnesses, the insured person must
survive for 30 days before a claim can be admitted.
EXCLUSIONS
No benefit shall be payable directly or indirectly, wholly or partly caused by or arising from or
contributed by any one of the following:
•
•
•
•
•
•
Pre-existing Condition or Illness (whether or not the insured person is aware) or the cause
or the symptoms, which exist or is evident prior to the date the insurance was incepted or
reinstated.
AIDS or infection by any HIV; except as defined in the group policy contract as a
benefit under “Aids due to Blood Transfusion”.
Suicide or any attempted suicide or self-inflicted injuries, whether sane or insane.
Invasion, riot, civil commotion or rebellion, war (declared or undeclared) or act of
war or terrorism except for peacetime military training.
Drug taking, unless under the direction of a Registered Medical Practitioner.
Over indulgence in alcohol.
RENEWAL & TERMINATION
•
Insurance coverage for all insured persons will automatically be renewed every policy year (1
October each year), until they have attained age 65 and/or their children have attained age 20
(male) and 25 (female). If you have attained the maximum age stated, the insurance will only
be terminated at the end of the prevailing policy year i.e. 30 September.
•
Your policy will also be terminated under the following circumstances:
a) Death of the insured person; or
b) Total and Permanent Disablement of the insured person; or
c) There is a valid claim of 50% or more of the sum assured under the Group Term Life
insurance policy; or
d) A formal instruction is given to Aviva Ltd to terminate this insurance cover; or
e) The premium for this policy is not paid upon expiry of the grace period; or
f) The insurance cover of the Dependant spouse of an insured person under this Policy will
be terminated if he/she is divorced from that insured person; or
g) The basic cover i.e. SAF Group Term Life Insurance has been terminated.
•
In the event of an admissible claim under this rider plan, your basic coverage on the SAF
Group Term Life Insurance policy can be continued as long as the premium is paid timely.
•
You may terminate this rider at the end of the policy year. Policy year refers to 1 Oct of current
year to 30 Sep of the following year. However, if you wish to terminate it prematurely within the
policy year, Aviva Ltd reserves the right to impose short period premium rates where
appropriate.
Aviva Ltd 4 Shenton Way #01-01 SGX Centre 2 Singapore 068807 Tel: (65) 6827 7988 Fax: (65) 6827 7900 www.aviva.com.sg
Company Reg. No.: 16900499K GST Reg. No.: MR-8500166-8
Duration the Cover is in force each Policy
Year before it is terminated
Not exceeding 1 week
Not exceeding 1 month
Not exceeding 2 months
Not exceeding 3 months
Not exceeding 4 months
Not exceeding 6 months
Not exceeding 8 months
Exceeding 8 months
Apportioned Premium Payable by
Insured Member (Short Period
Rates)
1 Month
3 Months
4 Months
6 Months
7 Months
9 Months
10 Months
12 Months
INQUIRIES & CLAIMS
For further inquiries and claim matters, please contact Aviva Ltd Customer Service Hotline at 6827
8000 from Monday to Friday (excluding Public Holidays), 8.45am to 5.30pm. You may also email
Aviva at [email protected] or visit Aviva website at www.aviva.com.sg/saf.
The policy is underwritten by Aviva Ltd. This is published for general information only and does not
have regard to the specific investment objectives, financial situation and the particular needs of
any specific person. You may wish to seek advice from a financial adviser before making a
commitment to purchase the product. In the event that you choose not to seek advice from a
financial adviser, you should consider whether the product in question is suitable for you. Buying a
life insurance policy is a long-term commitment. Buying health insurance products that are not
suitable for you may impact on your ability to finance your future healthcare needs. This is not a
contract of insurance. Full details of the standard terms and conditions of this plan can be found in
the relevant policy contract. Information is correct as at 01 February 2015.
This policy is protected under the Policy Owners’ Protection Scheme, and is administered by the
Singapore Deposit Insurance Corporation (SDIC). Coverage for Your policy is automatic and no
further action is required from you. For more information on the types of benefits that are covered
under the scheme as well as the limits of coverage, where applicable, please contact us or visit the
LIA or SDIC web-sites (www.lia.org.sg or www.sdic.org.sg).
Ver: Feb2015
Aviva Ltd 4 Shenton Way #01-01 SGX Centre 2 Singapore 068807 Tel: (65) 6827 7988 Fax: (65) 6827 7900 www.aviva.com.sg
Company Reg. No.: 16900499K GST Reg. No.: MR-8500166-8