At a Glance

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

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.


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 NAV Planner 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.

Terms and conditions apply, refer to the Sample Policy Contract for more details.


How it Works


Apply for TermProtect now

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

Apply Now

Need a little more advice? Talk to our DBS Treasures Relationship Managers.


Multiply Your Money

Earn bonus interest on your DBS Multiplier Account with any protection or endowment plan.

  • 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.

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 advertisement has not been reviewed by the Monetary Authority of Singapore.

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 Treasures Insurance Important Notes

Important Information

Explore more

Thank you. Your feedback will help us serve you better.

Was this information useful?

That's great to hear. Anything you'd like to add?
We're sorry to hear that. How can we do better?
Enter only letters, numbers or @!$-(),.