So after I cancelled my ILP, I finally diverted it to purchase MINDEF Group Personal Accident, most of it still goes to investments though.

I purchased the plan through this link.

It is a rather cheap coverage as it is subsidised by MINDEF to NSmen like me.

Some conditions are required prior to joining

  • NSFs
  • NSMen
  • Regulars
  • MINDEF or MHA Public Officers
  • Volunteers (MINDEF/MHA/SPF/CDAU)
  • Employees (FT/PT/Contract) of DSTA/MINDEF or MHA Related Organisations
  • Aged 65 or less


Here are some reasons why I took this up

  • Need personal accident coverage (no underwriting for max coverage)
  • Potential addition of Group Term Life (GTL) in the future if coverage is required to be increased (cheap too! no underwriting up to 1M for Life+TPD)
  • Did some research and the CI and ECI is only cheap until age 30, so thereafter, it is more costly as it is increasing rather than flat rate
  • Once …