MSA Value

MSA Value

Overview

As our MySavings Account customer, you can enjoy better value with MSA Value.

MSA Value is an accident protection insurance plan designed exclusively for MySavings Account customers.

Get up to S$69,000 in coverage plus a savings boost of S$50 Bonus Interest credited into your MySavings Account every year2 with MSA Value.

MSA Value works hand-in-hand with your MySavings Account, so the more you save into your MySavings Account, the higher your insurance coverage will be under the Family Benefit – up to 8 times your monthly MSA savings amount3.

Enjoy peace of mind with value-added protection today!

Benefits of MSA Value:
  • Enjoy up to S$69,000 insurance cover
  • Receive up to S$50 Bonus Interest2 credited into your MySavings Account every year
  • Save more and enjoy insurance coverage of up to 8 times your monthly savings amount3
  • Premium does not increase with age
  • Exclusively for MySavings Account customers aged 16 to below 61 and residing in Singapore4
  • Provides off-duty coverage for hazardous occupations5

1 Applicable to Plan 1 only. Terms and conditions apply.

2 To receive the bonus interest, the MSA Value Insurance Policy must remain in force and the premiums are paid when due. DBS Bank will credit the bonus interest to your MySavings Account within 60 days from your Policy's anniversary date. The bonus interest will be forfeited if you change or close your MySavings Account before the bonus interest is credited. DBS terms and conditions governing MSA Value Bonus Interest applies.

3 Applicable to Family Benefit only. MySavings Account must still be operative. MSA Value Insurance Policy terms apply.

4 Persons eligible to apply: MySavings Account customers who are aged between 16 and below 61 years old, residing in Singapore. Cover will terminate when you live or intend to live in another country for more than 6 consecutive months. Cover is renewable up to 70 years old.

5 Insured Person holding the following occupations will be covered if he/she is off-duty at the time of the accident and the accident does not arise in the course of employment or any activity related to the customer's employment. These occupations include military personnel, law enforcement officer, fire fighter, civil defence officer, security guard/officer; professional sportsperson; off-shore occupations such as ship crew, diver, oil-rigger and fisherman; shipyard worker; aircrew or working onboard aircraft; construction workers, demolition workers, quarry workers; workers engaged in maintenance, cleaning, roofing or repair activities involving scaffolding or gondolas or climbing necessitating the use of guides or ropes; in any occupation dealing with explosives, poisonous or hazardous gases or substances.
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