Etiqa Term Life Insurance

Etiqa Term Life Insurance

Term Life Insurance By Etiqa

Support your loved ones in times of need with high coverage from as low as $0.08/day1

  • Up to 18% off or $300 cashback (Valid till 1st Dec 2022)

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Protect the life you’ve built

The financial burden you leave behind can be just as devastating as the loss of a loved one. You wouldn’t want your family to be left with debts or worries about living expenses, would you?

With Term Life Insurance, we have made protection easy to apply, affordable and flexible based on your needs. Starting from $0.08/day1, safeguard your loans, mortgage, yourself, and even your loved ones.

1Based on S$50,000 cover (5-year renewable term plan) for 19 year-old non-smoking female.

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Here’s why you need Term Life Insurance regardless of your life stages

Little Footprints Preschool

Married, having a new loan commitment

At the age of 30, Ken marries Jaclyn. They purchase a new flat. Having a new dependent and mortgage, Ken looks for an affordable insurance plan with high coverage.

He signs up for a 5-year renewable ePROTECT term life plan with a sum insured of S$1 million, equivalent to his mortgage loan.

With S$1.02* per day, he can ensure that Jaclyn can pay off their mortgage loan of S$800,000 if any unforeseen circumstances happen to him. The remaining amount can be used to pay for the living expenses of his loved ones. In case of a terminal illness, he will also have financial support for medical and living expenses. At the end of 5 years, Ken can renew his policy without medical underwriting if no claims was made. His new premiums will be S$1.21* per day.

*The above scenarios are illustrated based on non-smoker rate.

Etiqa Term Life Insurance

Family with kids, embracing a growing family

At the age of 33, Ken and Jaclyn are expecting their first child. With more expenses from having a new baby, he is looking to increase his coverage with an affordable plan to protect his family.

He decides to get a 20-year fixed ePROTECT term life plan and pays S$1.46* per day for a sum insured of S$1 million.

Unfortunately, at the age of 50, Ken becomes terminally ill. The payout can be used to pay off outstanding debts and see the family through the cost of raising their child. This will help the family cope with the financial burden while Ken focuses on his recovery.

Start securing your life

Little Footprints Preschool

Provide for your family during hard times

Get a lump sum payout in an event of death. Your family will not be left with debts or worries about living expenses.

Etiqa Term Life Insurance

Get full control over coverage and premium

Select your preferred sum insured from S$50,000 to S$2 million. You can also choose your policy term from 5 years renewable, 20 years or up to age 65.

Etiqa Term Life Insurance

Deal with unexpected expenses

Receive a lump sum payout if you’re diagnosed with terminal illness or total & permanent disability. Lesser worries on your family’s future finances.

Little Footprints Open House

Protection against 30 Critical Illness

With our optional add-on cover, you and your family will be able to better cope with medical expenses and living costs if you suffer from a specified medical condition.

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Frequently Asked Questions

Is medical examination required in order to purchase a term life insurance?

With DIRECT – Etiqa term life and ePROTECT term life, you can get up to S$1.5 million of coverage without the need for a medical check for customers up to age 40 and in the pink of health. If a medical check is required, we will bear the cost. For customers above age 55, the allowable limit for purchase without medical check-up is S$100,000.

Am I eligible to apply?
Yes, if you fulfil the following requirements:
  • You are a Singapore resident with valid NRIC or FIN.
  • You are between the age of 19 and 65 years old.
  • You are a tax resident of Singapore.
  • You have resided in Singapore for 182 consecutive days on day of insurance purchase.
  • You are proficient in spoken or written English.
  • You are not an undischarged bankrupt.
  • You are not purchasing this plan to replace any existing policy with Etiqa or other insurer(s).
How much insurance coverage do I need?

You should consider your financial commitments (e.g. loans, family expenses and children’s educational needs) and existing insurance coverage, including insurance provided by your employer, when deciding the insurance coverage that you need.

You should also consider whether you can afford to pay the premiums for the entire duration of the policy, taking into account your outstanding loans, regular expenses and your income over the long term. If you are unable to pay the premiums, your insurance policy will lapse (or end) and you will no longer be covered.

Can I buy a DIRECT – Etiqa term life or ePROTECT term life policy for any of my family members?

No, the applicant of DIRECT – Etiqa term life/ePROTECT term life and the life insured must be the same person.

More FAQ Here

Note: Age means the age at next birthday.

This policy is underwritten by Etiqa Insurance Pte. Ltd. This content is for reference only and is not a contract of insurance. Full details of the policy terms and conditions can be found in the policy contract. The information contained on this product advertisement is intended to be valid in Singapore only and shall not be construed as an offer to sell or solicitation to buy or provision of any insurance product outside Singapore. You should seek advice from a financial adviser before deciding to purchase the policy. If you choose not to seek advice, you should consider if the policy is suitable for you. 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 Life Insurance Association (LIA) or SDIC websites ( or ). As term life insurance has no savings or investment feature, there is no cash value if the policy ends or if the policy is terminated prematurely. Information is correct as of 21 Jan 2022. This advertisement has not been reviewed by the Monetary Authority of Singapore.

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