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http://m.todayonline.com/singapore/insurance-nsfs-and-nsmen
Free life insurance coverage for NSFs, NSmen
TODAY file photo
Sum assured of a maximum of S$150,000 will cover pre-existing medical conditions
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KENNETH CHENG
[email protected]ISHED: 6:00 PM, JUNE 21, 2016UPDATED: 9:14 AM, JUNE 22, 2016
SINGAPORE — Free life and personal accident insurance coverage will be provided for all full-time national servicemen (NSFs) and operationally-ready national servicemen (NSmen) from next month, as part of efforts to better recognise the contributions of national servicemen.
The coverage will benefit NSFs and NSmen serving in the Singapore Armed Forces (SAF), Singapore Police Force (SPF) and the Singapore Civil Defence Force.
Under the Core Scheme, they will receive group term life coverage of S$150,000, and group personal accident insurance coverage of the same amount for the duration of their full-time National Service (NS) and operationally-ready NS duties.
The Ministry of Defence (Mindef) and Ministry of Home Affairs (MHA) will foot the premiums for the insurance coverage, the ministries said in a joint press release on Tuesday (June 21).
Aviva is the appointed insurer for the initiative. The Core Scheme, which will cover pre-existing medical conditions, is expected to benefit more*than 375,000 Mindef and MHA servicemen.
Besides national servicemen, Mindef and SAF regulars and Home Team uniformed officers will also receive group term life and group personal accident insurance coverage during their period of service.
Volunteers also stand to benefit. NS volunteers, as well as volunteers from the SAF Volunteer Corps, SPF Voluntary Special Constabulary, and Civil Defence Auxiliary Unit, will enjoy similar insurance coverage in the course of their official duties.
In addition, a Voluntary Scheme is available to all individuals covered under the Core Scheme – should they wish to insure themselves outside the stipulated coverage periods or their dependants.*
Free life insurance coverage for NSFs, NSmen
TODAY file photo
Sum assured of a maximum of S$150,000 will cover pre-existing medical conditions
View all 3 comments
BY
KENNETH CHENG
[email protected]ISHED: 6:00 PM, JUNE 21, 2016UPDATED: 9:14 AM, JUNE 22, 2016
SINGAPORE — Free life and personal accident insurance coverage will be provided for all full-time national servicemen (NSFs) and operationally-ready national servicemen (NSmen) from next month, as part of efforts to better recognise the contributions of national servicemen.
The coverage will benefit NSFs and NSmen serving in the Singapore Armed Forces (SAF), Singapore Police Force (SPF) and the Singapore Civil Defence Force.
Under the Core Scheme, they will receive group term life coverage of S$150,000, and group personal accident insurance coverage of the same amount for the duration of their full-time National Service (NS) and operationally-ready NS duties.
The Ministry of Defence (Mindef) and Ministry of Home Affairs (MHA) will foot the premiums for the insurance coverage, the ministries said in a joint press release on Tuesday (June 21).
Aviva is the appointed insurer for the initiative. The Core Scheme, which will cover pre-existing medical conditions, is expected to benefit more*than 375,000 Mindef and MHA servicemen.
Besides national servicemen, Mindef and SAF regulars and Home Team uniformed officers will also receive group term life and group personal accident insurance coverage during their period of service.
Volunteers also stand to benefit. NS volunteers, as well as volunteers from the SAF Volunteer Corps, SPF Voluntary Special Constabulary, and Civil Defence Auxiliary Unit, will enjoy similar insurance coverage in the course of their official duties.
In addition, a Voluntary Scheme is available to all individuals covered under the Core Scheme – should they wish to insure themselves outside the stipulated coverage periods or their dependants.*
