Be assured of lifetime cover
Get benefits early to ease your recovery.
Comprehensive cover that pays out on multiple critical illnesses.
Long term savings for your future.
Provides cover for your loved ones.
i-Secure Legacy (II) is a highly popular whole of life plan. This plan provides lifetime early to late-stage critical illness cover with a short premium term. Furthermore, this plan has attractive long-term surrender value that you can partially surrender in the future!
The earlier you buy this policy, the less will be paid for this policy and the coverage period will be longer.
Check out an example of how this works below.
The premiums for a 30-year old male is $193 per month for 25 years. If you wait for 10 more years, this rate increases by 38% and the cover period is now 10 years less.*
So by applying now, you will pay less and the period of cover will be longer.
For a cover of minimum guaranteed benefit of $200,000 for his whole life (sum assured of $100,000)
Example for a 30 year old male.
|End of Age||Premium Paid at the Start of Year ($)||Death Benefit / Critical Illness Benefit
|Total Surrender Value
(Capital return achieved including bonus: $34,400 guaranteed + $11,174 bonus)
(Capital guarantee achieved: $49,000 guaranteed + $32,709 bonus)
Surrender value can be partially surrendered to fund future needs.
The figures above are Illustrated at 4.25% investment return and include non-guaranteed bonuses.
i-Secure Legacy (II)
Singlife Whole Life
Star Secure Pro
|Premium terms available|
|5, 10, 15, 20 or 25 years||10, 15, 20 or 25 years, or up to age 65||5, 10, 15, 20, 25 or 30 years, or up to age 64|
|Guaranteed benefit multipliers available|
200%, 300%, 400%, 500%
Multipler will reduce by 10% per year for the next 5 years after the guaranteed benefit expiry age and remain at 50% thereafter.
|100%, 200%, 300%, 400%||
100%, 200%, 300%, 400%, 500%
|Guaranteed benefit expiry age (Age Next Birthday)|
|76 or 86||65, 70 or 75||75 or 80|
|Number of critical illnesses covered|
Early, intermediate & Advanced: 161
|Early & intermediate: 131
|Early & intermediate: 142
|No||Yes before age 85. Pays 50% of the Advanced Secure Accelerator rider sum assured if you undergo a surgery or suffer from an infection and you are required to stay in an ICU for a total of 5 days or
more in one hospital admission
|Estimated Surrender Value per $1,000 monthly premium, entry age 40 with a premium term of 15 years|
1. Does i-Secure Legacy (II) cover early critical illness or advanced critical illness?
i-Secure Legacy (II) can come with two optional riders: (1) AdvancedCare Rider and (2) EarlyCare Rider.
The AdvancedCare Rider pays a lump sum benefit* upon diagnosis of any of the covered 55 Advanced Stage critical illnesses such as major cancers, stroke, liver/lung diseases, heart attack,
coma and more.
The EarlyCare Rider pays a lump sum benefit* upon diagnosis of the covered critical illnesses from Early, Intermediate to Advanced Stages. It also provides additional benefits for 12 Juvenile Conditions and 12 Special Conditions.
A total of 161 conditions are covered if you include the EarlyCare Rider.
2. Are there other riders available?
If you are taking up this policy for your loved ones, add on from a range of premium waiver riders that waives premiums upon Death, Terminal Illness, Total and Permanent Disability and critical illness of the payer and/or payer’s spouse.
3. What are the special promotions or discounts for i-Secure Legacy (II)?
In addition to special promotions offered by China Taiping, InsureDIY also gives up to 50% commission rebate on your first year's premium.
The current China Taiping promotion for i-Secure Legacy (II) is 15% off your first year premium and an $85 shopping voucher. Applicable for yearly premium payment plans and valid till 30 April 2023.
4. Are the surrender benefits guaranteed?
The surender value will comprise of a guaranteed portion and a non-guaranteed portion. The non-guaranteed portion is based on the bonus that the insurer declares from year to year. In addition, the surrender value accumulates over time, which means that you will get a low surrender value if you terminate the policy early.
5. What if the sum assured plus bonuses are higher than the guaranteed benefit before the guaranteed benefit expiry age?
If the sum assured plus bonuses are higher than the guaranteed benefit (sum assured X multiplier factor) before the guaranteed benefit expiry age, the benefit payout will be the sum assured plus bonuses.
6. Are the critical illness premium rates guaranteed?
While the premium rate for the critical illness rider is not guaranteed during the premium payment term, after the premium payment term, the insurer can no longer charge you any premium for the policy. This way, you have "locked-in" the critical illness premium rates once you pass the premium payment term.
* The maximum critical illness benefit payable on the same life under:
(a) early and intermediate stage for each critical illness is S$350,000; and
(b) under all stages is S$3 million,
inclusive of all insurance taken with China Taiping Insurance (Singapore) Pte. Ltd. (“CTPIS”).
InsureDIY is a Broker licensed by the Monetary Authority of Singapore and is an Exempt Financial Adviser. This advertisement has not been reviewed by the Monetary Authority of Singapore.