CreditSure Plus¹

Get protected with CreditSure Plus, a credit life insurance protection plan under a group term protection scheme designed to pay off the outstanding balances on your UOB Cards and/or CashPlus account, should misfortune happen.²

Protecting you and your loved ones
CreditSure Plus provides insurance coverage² on the outstanding balances under your UOB Cards and/or UOB CashPlus account. In the event of Death, Total and Permanent Disability or Terminal Illness, it covers up to S$100,000 or 1.2 times of your aggregate credit limit whichever is lower and also helps to pay up to 2 months of accrued interest on your indebtedness.

In the event of Total and Temporary Disability, your CreditSure Plus premium will be waived for up to 6 months. In addition, CreditSure Plus will pay the minimum monthly installment on your UOB Cards and/or CashPlus account if you continue to suffer from Total and Temporary Disability for up to a maximum of 6 consecutive months.

Added protection for UOB supplementary cardholders and UOB CashPlus joint account holders
Apart from protecting the expenses made by the UOB principal cardholder and UOB CashPlus account holder, the insurance coverage offered by CreditSure Plus also includes the outstanding balances under all UOB supplementary cardholders and UOB CashPlus joint account holders.

Affordable premium³ for peace of mind
With an affordable premium rate of S$0.42 per S$100 of outstanding balances on your UOB Cards and/or UOB CashPlus account, relieve your loved ones of financial burden with CreditSure Plus.

Hassle-free premium payment
The monthly premium payment for the CreditSure Plus plan is deducted from your UOB Cards and/or CashPlus account. There is no need for you to remember to make payment through other payment modes. It’s that easy to protect your spending every month.

More Information

Notes

¹With effect from 1 December 2012, all existing customers with CreditSure plan will be upgraded to CreditSure Plus plan and CreditSure plan will be withdrawn. The premium rate of S$0.35 per S$100 for outstanding balance on CreditSure plan will end by 30 November 2012. The revised premium rate to S$0.42 per S$100 for outstanding balance on CreditSure Plus plan will be reflected on customers’ statements from 1 December 2012 onwards. For more information, please call our 24-hour customer service hotline at 1800 222 2121.
² Please refer to Certificate of Nomination for full terms, conditions and exclusions.
³ The premium rate is non-guaranteed and subject to revision by Prudential Assurance Company Singapore (Pte) Ltd. Customers will be notified one month before the change of premiums.

Important Notice and Disclaimers

Buying a life insurance policy is a long term commitment. An early termination of the policy usually involves high costs and the surrender value payable (if any) may be less than the total premiums paid. Investments are subject to investment risks including the possible loss of the principal amount invested. The value of the units may fall as well as rise. Buying Health insurance products that are not suitable for you may impact your ability to finance your future healthcare needs. This marketing material is not a contract of assurance nor is it intended as an offer or recommendation with respect to the purchase or sale of any insurance products. Acceptance of the proposal is subject to underwriting. The precise terms and conditions of any insurance products are specified in the respective policy documents. The above is for general information only and does not have any regard to your specific investment objectives, financial situation and any of your particular needs. You may wish to seek advice from a financial adviser with regards to your specific investment objectives, financial situation and any of your particular needs before making a commitment to purchase any insurance products. In the event that you choose not to seek advice from a financial adviser, you should consider carefully whether any of the insurance products is/are suitable for you. In case of inconsistency between the English and Chinese versions, the English version shall apply and prevail. United Overseas Bank Limited does not hold itself out to be an insurer, insurance broker or insurance agent. The insurance products stated herein are provided by Prudential Assurance Company Singapore (Pte) Limited. This material is not required to be reviewed or endorsed by the Monetary Authority of Singapore.

United Overseas Bank Limited Co. Reg. No. 193500026Z
Prudential Assurance Company Singapore (Pte) Limited. Reg. No. 199002477Z