NTUC Income Care Secure is an insurance policy that compensates you with a monthly payment for life if you have a disability. Essentially, it’s a broad, comprehensive disability cover.
It’s a CareShield Life Supplement policy that enables you to manage long-term care costs due to disability.
However, to qualify for this cover, you must have a CareShield Life policy in place.
Criteria
The Care Secure premiums are based on your entry age or last birthday. If you apply early, you’ll be eligible for lower premium amounts because the older you become, you’ll be at a higher risk of medical conditions.
You can choose a premium term of up to 67 years or 84 years (Age last birthday).
Like most policies, the premium is payable monthly, quarterly, semi-quarterly, or yearly.
Here is a table to illustrate the premium terms;
Entry Age |
Pay up to 67 |
Pay up to 84 |
Minimum |
30 |
30 |
Maximum |
47 |
64 |
Here’s the premium table for pay up to 84;...