Singlife Accident Guard

1. Singlife Accident Care comes in five plan types – Lite, Standard, Plus Prestige and Pinnacle, with the sums assured of S$250,000, S$500,000, S$750,000, S$1 million and S$3 million for Accidental Death and Dismemberment Benefit, respectively. Singlife Family Accident Care comes in two plan types – Standard and Prestige, with sums assured of S$500,000 and S$1  million for Accidental Death and Dismemberment Benefit, respectively. Please refer to the Product Summary for more details of the plan types and benefits.

2. Singlife Accident Care is yearly renewable up to the Policy Anniversary before the Life Assured turns age 99, at the policy level. Singlife Family Accident Care is yearly renewable up to the Policy Anniversary before the Main Life Assured turns age 80, at the policy level, subject to the Main Life Assured is still covered under the Policy and there are at least 2 Lives Assured covered under the Policy. The coverage expiry age for adult Life Assured and child Life Assured is age 80 and age 20 respectively. The coverage for each Life Assured will end at the Policy Anniversary when the Life Assured reached the coverage expiry age. We may change the premiums and features of the renewed base plan or rider(s) at an Internal individual policy level or at a portfolio level. We will provide the new premiums and features for the next Policy Year before each renewal if we do so. We may decide to withdraw the entire portfolio of this insurance and/or a particular plan type of this insurance at our sole discretion. Therefore, we reserve the right to cancel your Policy at any time without incurring any liability.

3. We will pay the Annual Leave Compensation Benefit for each day of annual leave starting from the 3rd day of annual leave, if the Life Assured sustains an Accidental Injury which: requires him/her to be hospitalized for 4 consecutive days or more in one hospital admission; and the Life Assured’s parent, spouse, child or sibling takes annual leave from their employer to take care of the Life Assured. This benefit is not applicable to the first 2 days of annual leave taken. We will pay out the Life Stage Event Benefit in one lump sum if the Life Assured dies or sustains Total and Permanent Disability as a result of an Accident and the Accident occurs 12 months from the Life Stage Event date or until the termination of Policy, whichever is earlier.

Life Stage Event refers to the occurrence of:
i. the Life Assured marries or divorces (i.e. change of marital status);
ii. the Life Assured becomes a parent by having a newborn child, or legally adopts a child (i.e. adding a new child member to the immediate family);
iii. the Life Assured purchases a property d) the Life Assured or Life Assured’s child enrolls into primary, secondary or tertiary education;
iv. the Life Assured enters full-time employment within one year from tertiary graduation; or v. the Life Assured turns 21 years old (i.e. Life Assured’s 21st birthday).

4. Please refer to the Product Summary for complete coverage details, including its definitions and exclusions.

5. 10% discount for Singlife Accident Care will be offered for the child’s base plan for the same coverage or lower until the child reaches age 20, if one of the parents of an eligible child purchases a Standard / Plus / Prestige / Pinnacle plan of Singlife Accident Care. This benefit is limited to a maximum of 4 children with insurable interest, including legitimate child,  stepchild or adopted child.

6. Singlife Family Accident Care can cover up to 6 family members, up to 2 adult Lives Assured who must be the parents and up to 4 dependent child Lives Assured with insurable interest in a single policy. The policy must have one Main Life Assured who must be an adult Life Assured and stay throughout the policy term.

7. The premium payable for a Singlife Family Accident Care policy is the total of the premium of all Lives Assured and calculated based on ANB of each Life Assured’s at each Policy Anniversary. 

Discounts will be offered to the child Life Assured of a Singlife Family Accident Care policy as follows:
a. For 1st child: 10% discount on the premium for one life assured
b. For 2nd child: 40% discount on the premium for one life assured
c. For 3rd and 4thchild: 50% discount on the premium for one life assured
The discount applied for each child depends on the sequence of which the child is added to the Policy and will be changed accordingly if the number of children in the policy changes. The discounts are not guaranteed at each renewal, and we may adjust it in the future by giving 30 days notice in advance.