NTUC Mortgage Insurance

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NTUC Mortgage or home insurance secure a guaranteed home ownership for your family.

Your loved ones will always have a roof over their heads in the event of death or total and permanent disability (TPD before the age of 65).

BENEFITS AT A GLANCE:

Affordable premiums

Short premium terms

Coverage against death and total and permanent disability (TPD before the age of 65)

Enhanced mortgage insurance coverage with available riders

Affordable premiums

Mortgage Plan offers you good coverage at affordable rates. You can choose your coverage from 5 to 35 years depending on the remaining term of your mortgage.

Short premium terms

You can opt for a one lump sum single premium payment or regular premium payment over a specific number of years. When you opt for regular premium payment, you only need to pay for 3/4 of your selected policy term. In the event of death and total and permanent disability (TPD before the age of 65), your loved ones will not need to pay any premiums and your Mortgage Plan will pay for the balance of your mortgage.

Enhance your coverage

By adding on a Living Rider, you can be covered for 30 dread diseases. You also have the option to waive future premiums upon diagnosis of any of the 30 dread diseases.

How Mortgage Plan works for you

Mr Lee, age 30, wants to cover his mortgage loan of S$200,000 at a loan rate of 3% for 20 years. The monthly premium of S$15.95 is payable for only 15 years. In the event of death or total and permanent disability (TPD before the age of 65), the remaining sum assured is paid to his loved ones in one lump sum which can be used to pay for the remaining mortgage loan.

As Independent Financial Consultants, we provide insurance plans from most of insurance companies. We list several popular mortgage insurance plans from different insurance company for your comparison as below:

If you feel difficult to find a trusty and professional financial consultant, or if you need an independent financial consultant for unbiased advice. We can recommend a trusty financial consultant to discuss your insurance needs FREE of Charge, please fill below online form to Contact Us now. Our recommended financial consultant will contact you to make you understand how to choose suitable insurance to meet your needs.