Tokio Marine Life Insurance Singapore Launches First Plan For Early Stage Disability Proection Gap
Tokio Marine Life Insurance Singapore Ltd. launched TM Protect 1, the first disability income plan in Singapore to offer support during the critical early stages of disability. TM Protect 1 fills a vital protection gap for Singaporeans looking to insure themselves against the heightened risk of disability that comes with longer life expectancy.
At present, all existing disability income plans on the market offer pay-outs only upon the loss of at least two Activity of Daily Living (ADLs). TM Protect 1 minimises the possibility of individuals with disabilities falling through this gap in the market by introducing a coverage option that was previously unavailable.
News Source: Tokio Marine Press Release
About Tokio Marine
As at March 2016, Tokio Marine Holdings Inc. has a market capitalisation of close to US$25 billion and total assets of around US$194 billion. With its presence spreading over 483 cities in 38 countries, Tokio Marine is indisputably one of the largest insurance groups in the world. Our reputation in Singapore as a leading life insurer has been gained through our strong historical investment returns, disciplined underwriting and careful expense management. We are committed to bring meaningful product solutions to meet your individual and corporate insurance needs.
Driven by Customer-focus, Integrity and Excellence as our core values, we endeavour to be your preferred insurance partner for life.
- Origin: Tokyo, Japan
- Revenue: JPY 4,579,076 million
- Employees: 36,902
Official Website: http://www.tokiomarinehd.com/en/company/
News & Media: Press Release
Updated on 8th August 2016