Essential term life cover

Absolutely Better with Low premium rates & up to 35% perpetual discount*

What can you buy with 45 cents? With Etiqa, just S$0.45 per day** gets you a million dollar coverage against death or terminal illness throughout the policy term. One of the best premium rates in town!

*T&Cs apply. **Premium is based on 21 years old female, non-smoker for a 10-year term and sum insured of 1 million after discount for Essential term life cover. Age means the age at next birthday.

Get your desired coverage at affordable premiums

A basic term life insurance plan that protects against death and terminal illness throughout the policy term.

Policy Term

  • 5 years (renewable)
  • 10 years – To age 86
    (every one year interval)
  • To age 100

Premium Term

Regular pay throughout policy term

Product Type

Term Life Plan


  • Protection for peace of mind
    Get coverage starting from S$400,000, in the event of death or terminal illness during the policy term.
  • Guaranteed convertibility benefit
  • Enjoy the option to convert1 your policy to any Singapore dollar-denominated new endowment or whole life policy available at the point of conversion, without proof of good health.
  • Guaranteed renewability benefit (only applicable for policy term of 5 years (renewable))
  • Enjoy the option of renewing1 your policy (up to age 90) without proof of good health.
  • Flexibility to enhance your coverage
  • Choose from Advanced CI rider, Early CI rider, Extra disability care rider and Extra secure waiver rider.
  • Option to increase sum insured
  • Enjoy the option to increase1 your sum insured without proof of good health upon a key life event such as graduation from tertiary education, changes in marital status, purchase of a property, the birth or adoption of a child, you or your child’s enrolment into tertiary education.

1Please refer to the policy contract for full details of the terms and conditions.

How it works

Speak to an adviser today

You can speak to an adviser by completing the form below to customise your protection needs:

1 Step 1

Are you a Maybank Customer?

Preferred timing to be contacted

Your preferred Maybank branch?


By clicking the “Submit” button, you confirm that you have read and understood and hereby agree to be bound by the data protection and privacy statement of Etiqa Insurance Pte. Ltd. and its related corporations (collectively, the “Maybank Group”), as may be amended, supplemented and/or substituted by the Maybank Group from time to time. You also consent to the collection, use and disclosure of your personal data by the Maybank Group for follow-up regarding products that may be suited to your needs.

Important Notes:

Age means the age at next birthday.

This policy is underwritten by Etiqa Insurance Pte. Ltd.​ This content is for reference only and is not a contract of insurance. Full details of the policy terms and conditions can be found in the policy contract.​

As this product has no savings or investment feature, there is no cash value if the policy ends or if the policy is terminated prematurely. You should seek advice from a financial adviser before deciding to purchase the policy. If you choose not to seek advice, you should consider if the policy is suitable for you. The information contained on this product advertisement is intended to be valid in Singapore only and shall not be construed as an offer to sell or solicitation to buy or provision of any insurance product outside Singapore.

​This policy is protected under the Policy Owners’ Protection Scheme which is administered by the Singapore Deposit Insurance Corporation (SDIC). Coverage for your 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 us or visit the Life Insurance Association (LIA) or SDIC websites ( or

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

Information is correct as at 20 September 2022.​