Life Insurance


The assurance that your outstanding home loan will be settled, come what may

Should the unexpected happen, MortgageCare is a home loan insurance plan that covers your remaining mortgage payments, so that your loved ones will continue to have a roof over their heads. Plus, you'll pay unchanging premiums only for limited years, while your protection continues right through the plan term.

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Key benefits


Be assured of mortgage settlement

In the event of death, terminal illness – or disability before you reach 65 years of age – your family will receive a lump sum amount that’ll help pay off the mortgage.


Get add-on cover for illnesses too

For even greater assurance, you can opt to also be covered against 37 critical illnesses with the MortgageCare (Living Assurance)1 plan.


Enjoy joint coverage as a co-owner

If you and your spouse are co-owners of the house, a joint-life MortgageCare plan will ensure mortgage settlement if anything happens to either of you.


Pay the same premium for limited years

You don’t need to worry about rising costs – your premium remains unchanged throughout the limited payment term, while your protection continues right through the plan term.

How MortgageCare works


Loss of income: To protect yourself against losing your monthly income because of illness or injury, consider Pay Assure.


Hospitalisation: To cover the cost of hospitalisation, surgical or medical expenses - consider GREAT SupremeHealthGREAT TotalCare and Supreme MediCash.


Personal accident: To enjoy comprehensive coverage against accidents, consider Essential Protector Plus.

1 Premiums are not guaranteed and may be adjusted based on future experience.


* Based on MortgageCare Joint Life – Series 2 plan for a male, non-smoker, and spouse who is a female, non-smoker.


 Sum assured of S$400,000 is at the point of plan purchase and reduces at the rate of 5% p.a.

All ages specified refer to age next birthday.


This advertisement has not been reviewed by the Monetary Authority of Singapore.


The above is for general information only. It is not a contract of insurance. The precise terms and conditions of this insurance plan are specified in the policy contract.


Buying a life insurance policy is a long-term commitment. An early termination of the policy usually involves high costs and the surrender value payable, if any, may be less than the total premiums paid. It is usually detrimental to replace an existing accident and health plan with a new one. A penalty may be imposed for early plan termination and the new plan may cost more, or have less benefits at the same cost.


In case of discrepancy between the English and the Chinese versions, the English version shall prevail.


This plan is protected under the Policy Owners’ Protection Scheme which 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 Life Insurance Association (LIA) or SDIC websites ( or


Information correct as on 3 January 2017.