- Covers your outstanding balance in the event of Death, Total & Permanent Disablement and/or upon diagnosis of 30 Critical Illness.
- Pay only as you use.
- Pays 4 times of your Citibank Ready Credit and/or Credit Card balance (up to S$160,000 or 4.8 times your credit limit, whichever is lower) in the event of Death or Total and Permanent Disablement.
- Upon payment of a Death Benefit, an amount (2 x Indebtedness as at date of Death, subject to a cap of S$80,000 or 2.4 times of your credit limit, whichever is lower) for Funeral Expenses will be paid.
- Pays 2 times of your Citibank Ready Credit and/or Credit Card balance (up to S$80,000 or 2.4 times your credit limit, whichever is lower) upon diagnosis of one of the 30 Critical illnesses*.
- Pays you or your estate, the remainder (if any) of the insurance payout after deducting your outstanding balance, as a Benefit!
- Pays you the minimum amount due on your nominated account in the event of Total and Temporary Disablement for as long as you qualify (up to S$160,000 or 4.8 times your credit limit, whichever is lower)
- Your premiums will be waived in the event of Total and Temporary Disablement (after you suffer from Total and Temporary Disablement for a continuous period of at least 30 days and for the period that you are receiving Total and Temporary Disablement Benefit payments).
$0.36 for every $100 of the outstanding balance (which is the sum of the closing balance including unbilled installments) on your Ready Credit and/or Credit Card statement. There is no charge if there is no closing balance for that month.
Download claims form:
Please complete the applicable claims form and submit directly to Manulife together with the required documents as indicated in the claims form.
Important InformationImportant Information
- Please refer to the Credit Insure Specimen Certificate of Nomination for the full terms, conditions and exclusions.
- Please note that with effect from 26th August 2020, there will be changes made to the terms and conditions in the Certificate of Nomination for Credit Insure, including changes to the definitions of Critical Illness. The changes to the definitions of Critical Illness are to align with the Life Insurance Association’s revisions to the standard definitions of certain Critical Illness in its LIA CI Framework (version 2019).
Credit Insure is an insurance policy underwritten by Manulife (Singapore) Pte. Ltd. (Reg. No. 198002116D) (“Manulife”). Insurance products are not bank deposits or obligations of or guaranteed by Citibank Singapore Limited (“CSL”) or its related entities.
Credit Insure is a group insurance policy between Manulife and CSL and is protected under the Policy Owners' Protection Scheme which is administered by the Singapore Deposit Insurance Corporation (SDIC). Coverage under the 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 Manulife or visit the Life Insurance Association or SDIC web-sites (www.lia.org.sg or www.sdic.org.sg).
This is only general product information provided by us and is not a contract of insurance. Please refer to the Certificate of Nomination for the policy terms and conditions.
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