What you need to know
Accidents happen. And because of this, PayPal provides full-time employees with personal top up risk cover at no cost to you — and you’re automatically enrolled. This insurance offers your family financial protection if you are injured, disabled, or die due to an accident.
Personal top up risk cover at a glance
| Risk Coverage (for employee only) | Core Plan (with Ping An) | Optional Plan (with Ping An) | Premium Difference |
|---|---|---|---|
| Term Life | 36*BMS, min 200K (BMS as of 1 April) | 48*BMS, min 200K (BMS as of 1 April) | Use your sum assured times premium rate to calculate the difference |
| Accidental Disease and Death | 36*BMS, min 300K (BMS as of 1 April) | 48*BMS, min 300K (BMS as of 1 April) | Use your sum assured times premium rate to calculate the difference+ |
+Premium rate to be provided during the time of renewal