Decreasing Term Assurance
Decreasing Term Assurance takes care of your outstanding home loan and ensures your family continues to have a home, in the unfortunate event of death, total & permanent disability, or terminal illness. With this ideal mortgage protection plan, you can purchase the same amount of insurance coverage to match your home loan amount.
Single or Joint Life Coverage
Opt for single or joint coverage in one policy if your home is financed by two joint-owners of the house. Should either party meet with misfortune, the sum assured will cover your mortgage loan.
Single and Regular Premium Payment Options
Choose whether you wish to pay for your coverage in full for peace of mind, or to align your payments with your mortgage for convenience.
Customised to Your Mortgage
With a range of policy terms and interest rates available, we will have an exact solution for you so you avoid paying for excess coverage, while ensuring that your mortgage is covered every step of the way.
Enhance Your Protection
We provide supplementary riders to further protect your home against critical illnesses or offer a lump sum payment in the event of an accident.
BEFORE YOU APPLY
Apply for Decreasing Term Assurance or submit your enquiries:
To apply for our product, please fill up this form and we will contact you as soon as possible.
For general enquiries, please click here. For claim enquiries, please click here.
Alternatively, you can call us at:
1800 880 4888 (Within Singapore)
(+65) 6880 4888 (International)
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This insurance plan is underwritten by AXA Insurance Pte Ltd. The information featured in this website is published for general information only and is not a contract of insurance. The precise terms and conditions of the plan are specified in the policy contract. A product summary for the insurance plan is available and may be obtained from AXA Insurance Pte Ltd and the participating distributors' offices. You should read the product summary before deciding whether to purchase the plan.
The insurance plan featured in this website does not have regard to the specific investment objectives, financial situation and the particular needs of any specific person. You may wish to seek advice from a financial consultant before making a commitment to purchase the plan. In the event that you choose not to seek advice from a financial consultant, you should consider whether the plan in question is suitable for you. Buying an insurance plan is a long-term commitment. An early termination of the plan usually involves high costs and the surrender value may be less than total premiums paid.
The insurance plans featured in this website may be protected under the Policy Owners' Protection Scheme, which is administered by the Singapore Deposit Insurance Corporation (SDIC). Coverage for such plans are automatic and no further action is required from you should you buy the plan. For more information on the types of benefits that are covered under the Policy Owners' Protection Scheme as well as the limits of coverage, where applicable, please visit the AXA website at www.axa.com.sg or visit the LIA, GIA or SDIC websites (www.lia.org.sg, www.gia.org.sg or www.sdic.org.sg) for a copy of the SDIC Guide on PPF Scheme.