At a Glance

Covered against death, total and permanent disability or terminal illness


Flexibility to choose the policy term that suit your needs


Apply online. Just answer 3 simple questions, no health check-ups required

TermProtect is applicable for all Singapore Citizens, Singapore Permanent Residents and those residing in Singapore between 18 to 60 years old.

TermProtect is a term insurance plan that makes protection flexible, affordable and hassle-free – so your loved ones receive a lump sum payout, if the unexpected happens.

Apply now


Features & Benefits

  • Comprehensive Coverage
    Covers death, total and permanent disability and terminal illness1 for up to S$500,000. 

    PRO-TIP: Not sure how much cover you need?
    Use Plan & Invest tab in digibank to easily work out the coverage you need.

  • Flexible term, fixed premium
    Choose a policy term between 5 to 402 years, without the worry of rising premiums over time.

  • Critical Illness Premium Waiver Rider3
    Add this optional rider and you won’t need to pay premiums in the event of critical illness.

  • Affordable Premium
    Enjoy comprehensive coverage from just S$2.98/mth4

  • Quick Application
    Just answer 3 simple questions about your health online; No health check-up required.

Find out more about the features and exclusions of this policy.


How it Works


Apply for TermProtect now

No wait, no hassle. Your details are pre-filled when you apply on digibank.

Apply Now

Need a little more advice? Talk to our Wealth Planning Managers.

POSB Inflation

Protect yourself so that you don’t have to worry about unforeseen circumstances, while you deal with inflation. Interested to find out about other ways to cope with inflation?

Learn more


Get more Benefits

Earn bonus interest on your DBS Multiplier Account with all Manulife protection or endowment plans distributed by DBS. Find out more.

  • No minimum regular or single premium amount
  • Pay with cash or SRS^
  • Earn bonus interest for 12 months consecutively

^Selected policies only


Frequently Asked Questions

Foreigners who are Singapore permanent residents may apply. Do refer to the Frequently Asked Questions relating to Eligibility & Underwriting.

You may write in to to terminate your policy and there will be no cash value if you choose to do so.

If you have further product-related enquiries, please email Manulife at If you are facing technical difficulties, you may explore our DBS Help and Support.
Refer to the Frequently Asked Questions for more details.

Terminal Illness (TI) is defined as an illness, which in the opinion of a medical examiner and on agreement of our appointed medical examiner, is likely to lead to death within 12 months from the date of diagnosis. In the event of TI during the policy term, the Death Benefit will be advanced in a lump sum.
2 Subject to an expiry age of 85 (age last birthday).
This benefit will waive any future premiums upon diagnosis of any of the 35 critical illnesses. Terms and conditions apply. Please refer to the Sample Policy Contract for the list of critical illnesses covered.
This premium amount is calculated based on a female non-smoker aged 18 with coverage amount of S$75,000 for a policy term of 5 years.


The information herein is published by DBS Bank Ltd (“DBS Bank”) and is for general information only and should not be relied upon as financial advice. This publication may not be reproduced, or communicated to any other person without prior written permission. This website does not take into account the specific investment objectives, financial situation or needs of any particular person. Before entering into any transaction involving any product mentioned in this website, where applicable, you should seek advice from a financial adviser regarding its suitability for your own objectives and circumstances. If you choose not to do so, you should make an independent assessment and do your own due diligence on the product. This advertisement has not been reviewed by the Monetary Authority of Singapore. The website herein is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to law or regulation.

In Collaboration with Manulife

TermProtect is issued and underwritten by Manulife (Singapore) Pte. Ltd. ("Manulife") (Reg. No. 198002116D) and distributed by DBS. It is not an obligation of, deposit in or guaranteed by DBS.

This policy is protected under the Policy Owners’ Protection Scheme which is administered by the Singapore Deposit Insurance Corporation (“SDIC”). Coverage for the policy is automatic and no further action is required from you. For more information on the types of benefits that are covered under the scheme as well as the limits of coverage, where applicable, please contact Manulife or visit the Life Insurance Association or SDIC websites ( or

Deposit Insurance Scheme
Singapore dollar deposits of non-bank depositors and monies and deposits denominated in Singapore dollars under the Supplementary Retirement Scheme are insured by the Singapore Deposit Insurance Corporation, for up to S$75,000 in aggregate per depositor per Scheme member by law. Monies and deposits denominated in Singapore dollars under the CPF Investment Scheme and CPF Retirement Sum Scheme are aggregated and separately insured up to S$75,000 for each depositor per Scheme member. Foreign currency deposits, dual currency investments, structured deposits and other investment products are not insured.

Information is correct as at 24 March 2021.

DBS Insurance Important Notes

Important Information

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