What is StashAway Term Life?
StashAway Term Life is a group term life insurance policy owned by StashAway and underwritten by Prudential Singapore. The policy will pay a lump sum of up to $500,000 SGD in the event of death or Total and Permanent Disability (TPD). Unlike many other term insurance products, StashAway Term Life is a yearly renewable policy, meaning you are eligible to renew every year, or opt out at any time, as long as you continue to be a StashAway customer. It does not have an investment component.
StashAway Term Life complies with the regulations set by the Monetary Authority of Singapore.