SAFRA Living Care – Product Summary
An insurance plan that covers 30 critical illnesses and hospitalisation exclusively for SAFRA members.
Rising medical expenses can add to your financial burden if you are diagnosed with a critical illness or hospitalised. The affordable SAFRA Living Care plan helps ensure that medical costs are the least of your worries during the difficult times.
It includes:
- 24-hour worldwide coverage for death and total and permanent disability1
- Â Full sum assured payable in the event of death, total and permanent disability, or upon diagnosis of 30 Critical Illnesses2
- Payouts of cash benefits upon hospitalisation
Enjoy worldwide protection
Wherever you might be, the unpredictable events of life can strike anytime. With the 24-hour worldwide protection from SAFRA Living Care, you can rest assured that your family will be financially taken care of when misfortune occurs. The full sum assured will be payable upon total and permanent disability1 and death from all causes (exclusions apply).
Receive additional hospitalisation cash benefits
Apart from the distress of seeing a loved one in hospital, the loss of income and high medical costs may add to the financial burden of your family. SAFRA Living Care provides a hospital cash benefit of $50 per day for every $50,000 of sum assured due to illness or injury, up to a maximum of 365 days per confinement in Singapore.
Ease your burden with affordable premiums
With premiums at $2.003 per month, this affordable plan provides the necessary coverage and helps put your worries away.
Eligibility for SAFRA Living Care
- Principal member and spouse must be 55 years and below (attained age) at entry level. Coverage for both Principal member and spouse is up to age 70.
- Child member must be 15 years and below (attained age) at entry level. Coverage for child member will cease upon attaining age 21.
Your spouse and child need to be covered under the same plan as you.
Apply for SAFRA Living Care today!
- Complete the "Application Form" and submit it to SAFRA National Service Association by the
26th of the month for the policy to be incepted the following month.
SAFRA National Service Association
c/o Business Development Division
2 Telok Blangah Way
Singapore 098803
Please complete the "Application for SAFRA Insurance (For Dependant Child)" if you are insuring your child. - Call NTUC Income at 6788 5515 or SAFRA at 6377 9147/9144.
- Email ins@safra.sg or visit www.safra.sg
All applications will have to be accompanied by payment.  Premiums may either be paid monthly or yearly. For monthly payment mode, the premium will have to be pre-paid for the first 2 months by Cash/NETS/Cheque/Money Order. Subsequent monthly payments have to be made through SAFRA’s Interbank Giro.
If you wish to increase your sum assured, please complete the "Alteration Form (SAFRA Policy Only)" and “Declaration of Continued Insurability Form” which can be obtained from Income’s website or any SAFRA Clubs.  Please note that any increase in sum assured will be subject to underwriting approval and the maximum sum assured limits of your existing policies.
To apply for or renew the coverage, any outstanding SAFRA membership subscription must first be settled.  The application or renewal of insurance coverage for child members are dependent on the validity of the principal member’s membership.
IMPORTANT NOTES:
1 Total and permanent disability is payable only if it occurs before age 65.
2Â For Angioplasty & Other Invasive Treatment for Coronary Artery, payment is capped at S$25,000.
3Â Insured member at age 18-30 (age next birthday) with sum assured of $10,000.
There are certain conditions whereby the benefits under this plan will not be payable. You can refer to the Policy Contract for the precise terms, conditions and exclusions of this plan. The Policy Contract will be issued when your application is accepted.
This website is for general information only and is not a contract of insurance. Â The precise terms, conditions and exclusions of this plan are specified in the Master Policy Contract issued to SAFRA. Â The cover for SAFRA plans will automatically cease upon the termination of Master Policy by either NTUC Income or SAFRA. Â You should seek advice from a qualified adviser if in doubt. Â If you choose not to, you will have to take sole responsibility to ensure that this product is appropriate to your financial needs and insurance objectives. Â This policy does not have any cash value.
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