Protection Plans
Overview
The simpler way to protect your family
No-one knows what the future holds. The unexpected can happen anytime.
While many of us believe we have made all the preparations we need, unfortunately that's not always the case. In fact, recent studies show that the average Singaporean is only covered for $48,000 in protection insurance, when in fact they should have $500,000 in coverage.+
At POSB, we believe having a sufficient protection coverage shouldn’t become a financial burden. That’s why we offer a range of simple, smart and very affordable protection plans to give your family the reassurance they need.
Select from the 5 POSB Protection Plans
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My Protector-Level
Comprehensive cover, low premiums, and a choice of policy terms to suit your needs |
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MyProtector Mortgage
A low premium plan designed to cover mortgage repayments on the family home |
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PayCheck Plus
Provides 15 years of life insurance protection plus 100% premium refund* |
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Save-As-You-Protect (SAYP)
Protection and savings in one, with a full refund at maturity* and higher savings rate# |
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MyCare
Helps provide for the long-term care of both you and your loved ones in old age |