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Protect

Your Family’s
Income

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INSURANCE SOLUTIONS

PROTECT YOUR FAMILY’S INCOME

As the key pillar of your family, you worry about losing your income. What will your family's future be like? Will they be able to maintain their current lifestyle? With our solutions, you can take care of your family if the unexpected happens.


How would you like to take care of your family?

Share your family's current and future needs with us and discover how to provide for them even if you lose your earning power.

Fund children’s education

Fund children’s education

Rising education costs, both at home and abroad, can prove to become increasingly expensive.
Estimated cost of an international degree in top universities around the world can range from USD190,000 to USD290,000.

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Source: Today, August 04 2018, Singapore
Pay off outstanding mortgages

Pay off outstanding mortgages

Unexpected temporary financial difficulties might result in having to repeatedly default on your home loan.
Increase of SIBOR from 0.60% to 2.15% in the years 2014 to 2019.

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Source: https://www.valuechampion.sg/rising-mortgage-defaults-singapore-should-you-be-worried
Cover medical costs

Cover medical costs

As healthcare innovation progresses faster than ever, will you be ready for rising medical costs?
Asian average medical cost inflation was 10.4 % in 2018, 4 times the Asian estimated economy’s inflation rate of 2.5%.

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Source: Mercer Marsh Benefits' 2019 Medical Trends Around the World

Protect your family's income. Speak with us >

 

 

2X Expertise, 2X Confidence

 

We have combined our expertise to offer you the right insurance through a single conversation.
Bringing the best knowledge from the banking and insurance world, we help you to protect what's
truly important.

  • Risks

    Buying a life insurance policy is a long-term commitment. An early termination of the policy usually involves high costs and surrender value payable (if any) may be zero or less than the total premiums paid.

    Insurance plans are underwritten by the relevant insurance company. Insurance products distributed are an obligation only of the insurance company. They are not a bank deposit or an obligation of or guaranteed by Citibank Singapore Limited or its related entities.

    The Singapore-dollar return on this policy will depend on prevailing exchange rates which may be highly volatile. For US-dollar denominated insurance plans, premiums and benefits payable will be made in US dollars. Equivalent returns on the policy in other currencies will depend on prevailing exchange rates which may be highly volatile.

    The above is only a summary of some of the key risks in investing in the product. Detailed risk disclosures are set out in the documentation relating to the specific product. Prior to entering into a transaction, you should ensure that you have read and understood the nature of all of the risks associated with the investment in order to determine whether the investment is suitable for you in light of your experience, objectives, financial position and other relevant circumstances. You should consult with your legal, regulatory, tax, financial and/or accounting advisors to the extent you consider it necessary in making your own investment decision.

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