Overseas Student Protection Plan
Designed to meet the needs of overseas students
When preparing an overseas study life for your child, a comprehensive protection plan is essential. This plan helps to provide financial protection against ill-health and accident, but also against damage to property, personal liability and other unexpected losses during the study trip.
What Does It Cover
personal effects
Coverage for loss, theft and damage of all your belongings, and for baggage delay and transport delays.
Vacation coverage
Additional worldwide coverage against death, disability and travel inconveniences when you go on vacation to neighbouring cities during your term break.
Leisure activities
Cover medical expenses incurred due to accidents from leisure activities such as scuba diving, now-skiing, water rafting and motorcycling.
Accidental Coverage
Coverage in the event of accidental death, permanent disability and medical expenses for an injury due to accidents.
EXCLUSIONS
There are certain conditions whereby the benefits under this plan will not be payable. You can refer to your policy contract for the precise terms, conditions and exclusions of the plan. The policy contract will be issued when your application is accepted.
IMPORTANT INFORMATION
Policies are yearly renewable, subject to the agreement of the Insurer. Premiums payable for these insurance policies are not guaranteed and may change at Policy Renewal Date at the Insurer’s full discretion.
All benefits and features mentioned herein are subject to terms and conditions of the policy. You must refer to the Policy Contract for the precise terms and conditions of this insurance plan.
Note: Buying a life and/or health insurance policy can be a long-term commitment. An early termination of the policy usually involves high costs, and the surrender value payable may be less than the total premiums paid. You may wish to seek advice from a financial adviser before making a commitment to purchase the product. In the event that you choose not to seek advice from a financial adviser, you should consider whether the product in question is suitable for you.
Policy Owners' Protection Scheme
This policy is protected under the Policy Owners’ Protection Scheme which is administered by the Singapore Deposit Insurance Corporation (SDIC). Coverage for your 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 us or visit the GIA/LIA or SDIC websites (www.gia.org.sg or www.lia.org.sg or www.sdic.org.sg).