general
Accident Death Coverage Before Policy Start: What LIA Explains
LIA Singapore explains possible life insurance coverage for accidental death before the policy starts.
Understanding Pre-Policy Accident Coverage
The Life Insurance Association Singapore (LIA) provides information on life insurance products offered to retail customers by life insurance companies in Singapore. This information is part of a project by the Consumers Association of Singapore (CASE), the Monetary Authority of Singapore (MAS), the Life Insurance Association Singapore (LIA), and MoneySENSE.
What Coverage May Apply Before Your Policy Starts
According to LIA’s explanation, insurance coverage may apply in the event of your death caused directly and solely by an accident in Singapore. This coverage applies between two points:
- The time when the insurance company receives the completed and signed application form together with full payment for the first premium
- The start date of that policy