News - Singapore: NTUC Income offers free insurance scheme for low-income families
Source: Asia Insurance Review | May 2010
NTUC Income, a leading insurer in Singapore, has launched a free insurance scheme for low-income households. Called the Income Family Micro-Insurance Scheme (IFMIS), it will pay out S$5,000 (US$3,600) in the event the main caregiver passes away or becomes totally and permanently disabled.
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