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MaxEdu Care
  MaxEdu Care
  1. What is MaxEdu Care? What does it cover?
  2. Are there any supplementary riders that can be attached to MaxEdu Care?
  3. Can I change the Sum Assured of my plan?
  4. Can I change my payment frequency?
  5. Can I pay my future premiums through Interbank Giro?
  6. Are the premium rates guaranteed?
  7. What happens if I stop paying premiums?
  8. Can I take a policy loan?
  9. Does MaxEdu Care acquire cash surrender value?
  10. How does MaxEdu Care pay for Death or Total and Permanent Disability?
  11. Who should I contact if I want to make a claim?
  12. Who should I contact for future queries on MaxEdu Care?
 Answers
1:What is MaxEdu Care? What does it cover?
  Ans:

MaxEdu Care is a non-participating Regular Premium decreasing term insurance plan that provides protection to the life assured on Death and Total and Permanent Disability.

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2:Are there any supplementary riders that can be attached to MaxEdu Care?
  Ans:

No. There are no supplementary riders available at the moment.

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3:Can I change the Sum Assured of my plan?
  Ans:

No. Sum Assured of MaxEdu Care cannot be changed.

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4:Can I change my payment frequency?
  Ans:

Yes, you can change your preferred payment frequency to Monthly, Quarterly, Semi-Annual or Annually. All you have to do is to fill up "Application for Change Form". Please call the Customer Service hotline at 1800 363 3333 (press 5 for insurance queries) or you may download the form from www.lifeisgreat.com.sg.

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5:Can I pay my future premiums through Interbank Giro?
  Ans:

Yes. You can pay your future premiums through Interbank Giro. All you have to do is to fill up a “Giro Application Form”. Please call the Customer Service hotline at 1800 363 3333 (press 5 for insurance queries) or you may download the form from www.lifeisgreat.com.sg.

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6:Are the premium rates guaranteed?
  Ans:

Yes. Premium rates are guaranteed.

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7:What happens if I stop paying premiums?
  Ans:

You are given 30 days from the due date of the premium (grace period) to make the premium payment. If you do not make your premium payment within the grace period, the policy will lapse and coverage will stop.

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8:Can I take a policy loan?
  Ans:

Policy Loan is not available for MaxEdu Care.

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9:Does MaxEdu Care acquire cash surrender value?
  Ans:

No, MaxEdu Care does not acquire cash surrender value.

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10:How does MaxEdu Care pay for Death or Total and Permanent Disability?
  Ans:

MaxEdu Care covers Death or Total and Permanent Disability of the Life Assured. If either one of the events happens, a monthly benefit will be payable from the following policy month until the end of the policy term.

The maximum disability benefit per life for all policies is $2,000,000.

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11:Who should I contact if I want to make a claim?
  Ans:

You may call the Customer Service hotline at 1800 363 3333 (press 5 for insurance queries) if you wish to make a claim or you may download the form from www.lifeisgreat.com.sg.

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12:Who should I contact for future queries on MaxEdu Care?
  Ans:

If you have any queries on MaxEdu Care, please call the Customer Service hotline at 1800 363 3333 (press 5 for insurance queries).

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