src=9396587;type=ctpma0;cat=china0;dc_lat=;dc_rdid=;tag_for_child_directed_treatment=;tfua=;npa=;ord=1? 100% Refund Of Premium So You Won't Feel The Pinch
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    100% Refund Of Premium So You Won

    We’re not even halfway into the year but already, the front pages of our papers have been splashed with unfortunate news of house fires, car accidents, illness-related deaths, and other unexpected mishaps. It doesn’t matter if you’re healthy, and in your prime - accidents and sickness do not discriminate against age or social class, and can happen to literally anyone out of the blue.

    And that’s precisely why you should get a comprehensive insurance plan - it gives you and your loved ones something to fall back on in the event of such emergencies, cushioning any financial strain. But actually committing to one might be another story, especially when it comes to Term Insurance, for there’s always this hesitation that comes with the thought of losing your premium, i.e., your hard-earned cash.

    That may be the case for many Term Insurance plans out there, but you don’t necessarily have to forgo your premium for protection or vice versa. China Taiping Insurance Singapore has launched i-Assure MoneyBack, a Term Insurance policy which lets you enjoy 100% refund of premiums when there is no claim at the end of the policy term.

    Read on to find out more about i-Assure MoneyBack by China Taiping Insurance Singapore!

    First of all, what is Term Insurance?

    A Term Insurance plan is one that provides you protection over a fixed period of time. Typically, this covers death and has no cash values - which means that if nothing happens to you, you’ll not receive anything in return.

    How does China Taiping Insurance’s i-Assure MoneyBack differ from other Term plans?

    cntp i-assurance 1

    What makes China Taiping Insurance’s i-Assure MoneyBack stand out from other Term Insurance plans in Singapore is the fact that you get a 100% refund of your total premiums if there is no claim made throughout the policy term. This means that you can enjoy the safety net of protection, without the worry of losing the amount of money you’ve put in over the course of the years.

    In a way, i-Assure MoneyBack helps you in your savings as well, since the sum of premiums accumulated over the years will be completely untouched unless absolutely necessary. Assuming no claim is made, you will regain a lump sum of cash at the end of the policy term, which can either help give your retirement fund a boost, or allow you to treat yourself to luxuries like vacations.

    Photo from Presslogic

    Other than death coverage, i-Assure MoneyBack gives you the choice of various policy terms for your selection to suit your needs. Beyond that, there’s the option to extend death coverage till age 100, without medical examination required.

    For additional coverage on top of death, opt for i-Assure MoneyBack (CI) which covers the 5 most common critical illnesses, namely:

    • Major Cancer
    • Heart Attack of Specified Severity
    • Stroke with Permanent Neurological Deficit
    • Coronary Artery By-Pass Surgery
    • End Stage Kidney Failure. 

    How can i-Assure MoneyBack benefit you?

    Based on your present life stage, take advantage of this unique Term Insurance plan that offers you two promises – protection and 100% refund of premiums.

    A) A mother 

    Photo from Presslogic

    As a mother, you are the pillar of support for your children. Secure yourself with i-Assure MoneyBack (CI) for peace of mind. In the unfortunate event of diagnosis of any of the five critical illnesses, the lump sum payout will alleviate any financial strain without impacting your family so that you can focus on treatment and recovery.

    Otherwise, the  premiums you have paid will be returned to you when no claim is made and this can be used for:

    • Supporting your children 
    • Your retirement fund
    • Saving for a rainy day

    B) A independent career woman 

    Photo from Presslogic 

    Even if you don’t have dependents, i-Assure MoneyBack (CI) is worth considering because the future is always uncertain. As the cost of medical treatment is on the rise, the expenses for treating critical illnesses can easily range from $100,000 to $200,000 per year. If any of the five critical illnesses occurs, you will at least have some financial cushioning from the term plan to help you through. If not, your refunded premium can be used for the following:

    • Future savings and investments
    • To explore housing options
    • Support for parents in old age

    - Get 20% off i-Assure MoneyBack by China Taiping Insurance Singapore -

    As part of China Taiping’s Happy “Niu” Year promotion, you’ll get to enjoy a 20% discount on first year annual premium for i-Assure MoneyBack and i-Assure MoneyBack (CI) from now till 30th April 2021.

    Speak to your preferred financial advisor representative or find out more hereCheck out the product video too.

    Text by: GirlStyle SG

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