Manulife Singapore and DBS Bank launch their co-developed insurance starter plan, ProtectFirst – designed specifically to help you, young Singaporeans, a protection journey affordably at a lower premium.
You can choose from three personas that offer varied coverage across the big 5 critical illnesses (including early stage), life protection and serious accidents.
The three personas – Advocate, Adventurer, and Defender – are created to suit different financial needs and lifestyles. Depending on your preference, they can select a plan to focus more on any of the three key benefits: big 5 critical illnesses (including early stage), life protection and serious accidents coverage.
1. Comprehensive coverage
Enjoy comprehensive coverage across three essential areas:
- Death Benefit
- Critical Illness Benefits: covering these big 5 critical illnesses – cancer, stroke, heart attack, liver failure and major organ transplant, inclusive of early stages of a critical illness
- Serious Accident Benefits: Hospitalisation for minimum six consecutive days due to accident and requiring surgery; Death or Total Permanent Disability due to accident
2. Affordable minimum monthly premium
Get insured for health coverage for as low as S$5 per month.
3. Flexibility of coverage weightage
Available in three combinations, determine which version of the plan works best for you based on your priorities:
- ProtectFirst Advocate: Prioritises Critical Illness, with lower coverage for Life Protection and Serious Accident
- ProtectFirst Adventurer: Prioritises Serious Accident coverage, with lower coverage for Life Protection and Critical Illness
- ProtectFirst Defender: Prioritises Life Protection coverage, with lower coverage for Critical Illness and Serious Accident
4. Simple application process
Customers only need to answer three medical questions to qualify for the plan.
5. Easy to purchase
Customers can assess their protection gaps via DBS NAV Planner or consult with the bank’s wealth planning managers to find out more. After which, they can purchase ProtectFirst conveniently through internet banking or via the DBS digibank app.
If you sign up for ProtectFirst, you are encouraged to review your protection needs regularly in view of changing lifestyle and life-stage needs so as to ensure adequate coverage.
ProtectFirst is available for DBS/POSB customers to purchase exclusively via the DBS digibank app or internet banking.
From now till 30 June 2022, sign up for ProtectFirst and enjoy a 50% discount on your premiums for the first 2 years.
For more information on ProtectFirst, visit here.