LifeSecure offers regular monthly benefit payouts for up to a lifetime, which can be used to supplement the cost of treatment and specialised home care when disability sets in.
Darren Loh, 20, covers himself with LifeSecure.
|Plan ends||Age 65|
Has an accident at 30, suffers total paralysis.
|Deferment period||180 days|
|Monthly payout||S$1,000 (continues for as long as he remains disabled)|
|Payback period||S$6,000 (i.e. six times the monthly payout)|
|Premiums waived||He doesn't have to pay premiums while receiving the monthly benefit.|