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Navigation Primary Navigation Home Singapore Asia Pacific World Business Entertainment Sports Technology Top Stories Most Popular Secondary Navigation Government Education Search Search: MINDEF employees, SAF active servicemen insured for $100,000 Channel NewsAsia - 59 minutes ago SINGAPORE: With effect from Thursday, all MINDEF employees and Singapore Armed Forces (SAF) active servicemen will be automatically insured for S$100,000. This initiative, which rides on the existing SAF Group Term Life (GTL) insurance scheme, is aimed at encouraging the employees to have a minimum level of insurance protection for themselves. For a monthly premium of S$12.80, all eligible MINDEF employees, regular servicemen who are aged 45 and below, and full—time National Servicemen (NSFs), who do not opt out of the scheme, will be insured for a sum of S$100,000. The insurance coverage will provide protection against personal accidents in daily life. MINDEF says it will increase the monthly allowance of NSFs by S$20 to help them pay for the monthly premium. The increase in NSF allowance also takes effect from January 1. — CNA/yt Email Story IM Story Printable View Blog This Recommend this article Average (1 vote) Sign in to recommend this article » Most Recommended Stories » Related Articles: Singapore M’sia wants to work with S’pore to boost regional tourismChannel NewsAsia - 34 minutes ago MINDEF employees, SAF active servicemen insured for $100,000Channel NewsAsia - 59 minutes ago One of 2 S’poreans still unaccounted for following Bangkok fireChannel NewsAsia - 1 hour 31 minutes ago MobileOne says CEO to step downReuters - 2 hours 37 minutes ago Singapore sees biggest-ever quarterly GDP fall: govtAFP - 2 hours 56 minutes ago Enlarge Photo MINDEF employees, SAF active servicemen insured for $100,000 Most Popular – Singapore Viewed Rare Bugatti untouched for 50 years could fetch millions: report NASA describes final moments of Columbia tragedy Hamas defiant as Israel rejects Gaza truce Actress Jennifer Aniston appears naked in GQ magazine Japanese tourist spends 3 months in Mexico City airport View Complete List » Search: Home Singapore Asia Pacific World Business Entertainment Sports Technology Top Stories Most Popular

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