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Term life

Decreasing Term Assurance

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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 and permanent disability and terminal illness. It offers flexibility to adjust your protection coverage to match your home loan amount and options to enhance your coverage with optional riders.


Enhance Your Coverage

Personal Accident Benefit

Cover your lost income and medical expenses should you meet with any unfortunate accident. In addition to paying for accidental death, this also compensates you for major and minor disability caused by accidents.

Living Accelerator Benefit

Maximise your coverage with this rider that guards against 37 critical illnesses.

Waiver of Premium Riders

In the event of misfortune such as critical illness or disability, your future premiums will be waived.


Entry Age

16 to 60 years old (age nearest birthday)

Policy Term

Single premium:

5 to 30 years

Regular premium:

10 to 30 years

Sum Assured

Single Life (single premium with policy term 5 to 9 years)

Min: S$50,000

Max: S$500,000

Single Life (single premium or regular premium with policy term 10 to 30 years):

Min: S$50,000

Max: S$5,000,000

Joint Life (single premium with policy term 5 to 9 years):

Min: S$100,000

Max: S$500,000

Joint Life (single premium or regular premium with policy term 10 to 30 years):

Min: S$100,000

Max: S$5,000,000

Apply for Decreasing Term Assurance or submit your enquiries:

Thank you for your submission. We will contact you shortly.

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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Important Notice

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.

This advertisement has not been reviewed by the Monetary Authority of Singapore.