GIFT Group Term Life Insurance For Trade Union Members Underwritten by: As of Sep 2022
life insurance policy exclusively for members of NTUC affiliated unions/associations. All NTUC union members below 65 years old are automatically covered against Death, Total/ Partial and Permanent Disability1 up to the sum assured of $40,000. Members’ spouses2 below 65 years old are also covered against Death and Total and Permanent Disability1 up to sum assured of $1,000, subject to members meeting the criteria. Members who are 65 years and above may be eligible for extended coverage if they meet the membership tenure criteria. Refer to section on GIFT Extension for details. Union leaders3 are eligible for double sum assured. Contents Payouts for Death Payouts for Permanent Disability 5 6 Exclusions 8 GIFT Extension 10 Filing a Claim 11 Important Notes 12
1. NTUC affiliated Union/Association Members who: • are 16 years old and above and below 65 years old, and • have at least 6 months of continuous paid-up union/association membership. 2. Members’ spouses2 who are 16 years old and above and below 65 years old, subject to members meeting the eligibility criteria. Is there a certificate of insurance? No. NTUC GIFT is a group term life insurance policy and NTUC is the master policyholder. Do I have to pay any premium? The insurance premium for NTUC GIFT is fully paid for by NTUC, with co-payment from the affiliated unions/associations. Can I still be covered after I turn 65 years old? If you meet the required membership tenure, you will be eligible for extended coverage. Refer to the section on GIFT Extension for details. Refer to section on Payouts for Permanent Disability for details on total and permanent disability as well as partial and permanent disability coverage. 1 Spouse refers to legally married spouse not separated or divorced from the member. 2 Union leaders must be registered with Registry of Trade Unions (RTU) or NTUC Leadership Development Information System (LDIS) and must be holding office as at the date of death or date of occurrence of permanent disability. 3 3
(e.g. On medical leave or no pay leave or out of employment)? Yes, NTUC GIFT covers members who meet the eligibility criteria, regardless of whether they are working or not. How to file a claim? The Death claim form and Total/Partial and Permanent Disability claim form can be downloaded from www.ntuc.org.sg/ucare or www.income.com.sg. Alternatively, you may obtain and submit the claim form at your union office or NTUC Members’ Hub. 1 Marina Boulevard B1-03 NTUC Centre Singapore 018989 Refer to the section on Filing a Claim for details. late husband didn’t “ If mythe union, maybe I join won’t get anything. A very big thanks to NTUC. Mdm Azlifah Yahya ” Mdm Azlifah’s late husband, Hamidzan Abdullah, met with a fatal accident when his fishing craft collided with another boat during one of his usual fishing trips. This unfortunate accident left Mdm Azlifah and her children badly shaken. The union that the late Mr Hamidzan belonged to was quick to lend a helping hand to Mdm Azlifah during those difficult moments. And with the coverage from the NTUC GIFT, Mdm Azlifah was presented a $20,000 cheque to tide her over those trying times. 4
Death Benefits Less than 10 years 10 years & above of continuous of continuous membership membership Death due to natural causes (24 hours) $6,000 $7,500 Death due to accident during working hours $6,000 $7,500 Death due to accident outside working hours $20,000 $40,000 Death of member’s spouse (below 65 years old) due to all causes $500 $1,000 Note: To file a claim, use the Death Claim Form. Refer to section on Filing a Claim for details. 5
Total & Permanent Disability (TPD) Total & Permanent Disability (TPD) Benefits Less than 10 years of continuous membership 10 years & above of continuous membership TPD due to natural causes (24 hours) $6,000 $7,500 TPD due to accident during working hours $6,000 $7,500 TPD due to accident outside working hours $20,000 $40,000 TPD of member’s spouse (below 65 years old) due to all causes $500 $1,000 Total and Permanent Disability (TPD) means (a) The complete and continuous inability of the insured to engage in any business or occupation or perform any work of any kind for remuneration or profit at that time and at all times thereafter. For avoidance of doubt, if the insured is able to engage in simple or sedentary types of occupation, the insured is not considered to be totally and permanently disabled; or (b) Total physical loss (refers to any one of the following): • the total and permanent loss of sight of both eyes; • the loss by complete severance or total and permanent loss of use of both limbs at or above the wrist or ankle or; • the total and permanent loss of sight of one eye and the loss by complete severance or total and permanent loss of use of one limb at or above the wrist or ankle. To file a TPD claim, use the Total/Partial and Permanent Disability Claim Form. Refer to the section on Filing a Claim for details. 6
Partial & Permanent Disability (PPD) Benefits Less than 10 years of continuous membership 10 years & above of continuous membership PPD due to natural causes (24 hours) $1,000 $2,000 PPD due to accident during working hours $1,000 $2,000 PPD due to accident outside working hours $10,000 $20,000 Note: In the event of a subsequent Death or TPD claim, the total payout for all benefits shall not exceed: (a) $20,000 for members with continuous membership tenure of below 10 years; or (b) $40,000 for members with continuous membership tenure of 10 years and above. Partial & Permanent Disability refers to any one of the following conditions: (a) The total and permanent loss of sight of one eye or; (b) The loss by complete severance or total and permanent loss of use of one limb at or above the wrist or ankle. To file a PPD claim, use the Total/Partial and Permanent Disability Claim Form. Refer to the section on Filing a Claim for details. Please Note: No claims or benefits shall be payable unless the loss of life or disablement takes place within ninety (90) days of the accident or injury. NTUC GIFT benefits shall be payable only when the claim has been proven to the satisfaction of Income. 7
or Total/Partial and Permanent Disability resulting from Accidents 1. No compensation shall be payable unless the loss of life or disablement takes place within ninety (90) days of the accident or injury 2. Compensation shall be payable only when the claim shall have been proved to the satisfaction of Income 3. Income shall not be liable under this Policy for loss of life or disablement directly or indirectly caused by or contributed to by or arising from: (a) the Member’s wilful exposure to needless perils (except in an attempt to save human life) or the Member’s criminal act (b) Self-injury, suicide or attempted suicide (whether felonious or not), provoked assault, intoxication, drugs, intemperance or insanity, venereal disease or any physical defect or infirmity, pregnancy, childbirth or menopause (c) the Member being in or on entering into or descending from any aircraft other than a fully licensed passenger-carrying aircraft in which the Member is travelling as a passenger (other than as a member of the crew and not for the purpose of undertaking any trade or technical operation therein or thereon) (e) the Member engaging in or taking part in naval, military or air forces services or operations or participating in operations of an offensive nature planned or conducted by the civil or military authorities (d) the Member undertaking any manual work using woodworking machinery driven by mechanical power, climbing or mountaineering necessitating ropes or guides, football, hunting, ice-hockey, motor competition, parachuting, polo, pot-holing, power boating, scuba or skin diving or any under-water activities, racing other than on foot, show jumping, water ski-jumping and tricks, winter sports, wrestling including judo, karate and the like and other hazardous adventure 8
invasion, act of foreign enemy, hostilities (whether war be declared or not), strike, riot, civil war, rebellion, revolution, insurrection or military or usurped power 5. Income shall not be liable under this Policy for loss of life or disablement, directly or indirectly caused by or contributed to by or arising from or in consequence of: (a) ionising radiations or contamination by radioactivity from any nuclear fuel or any nuclear waste from the combustion of nuclear fuel. Solely for the purpose of this exception combustion shall include any self-sustaining process of nuclear fission (b) nuclear weapons material Age means age of last birthday. Accident means sudden, unexpected physical event, which happens during the policy year and which must be the only cause of injury. Injury means damage or harm caused to the body by an external force suffered during the policy year and which is caused only by an accident. 9
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