Dear Mr Tan
I read the Sunday Times article that there is a limit to the insurance payout on critical illnesses.
I have 5 policies with NTUC Income and covered for SGD 250,000. I also have term insurance with other companies total SGD 350,000, so total I am covered for SGD 600,000.
I would like to know if I ever need to claim on the insurance, is there a claimed limits from NTUC on the total claim I could get from all the issuers including NTUC?
G Y
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Dear G Y
Our policies do not have a limit for the payment of Critical Illness claims. For Permanent Total Disability there is a limit of $ 2 million.
Stanley Jeremiah
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