What is the complimentary Group Personal Accident Coverage?
Eligible customers who purchase the GXS Invest Cash Plus (Underlying Fund: Fullerton SGD Cash Fund - Class G) through GXS Bank will receive a complimentary Group Personal Accident insurance coverage, underwritten by Singapore Life Ltd (Singlife) and will be insured up to 3 times the investment amount in the event of death or Total and Permanent Disability, subject to a maximum of S$100,000.
“Investment amount” refers to the market value of the Fullerton SGD Cash Fund - Class G as of the day of the accident. The market value will be determined by multiplying the units owned by you by the Unit Price as of the day of accident.
For customers aged 64 and above at the time of accident, the coverage would be reduced to 50% of benefits payable, subject to a maximum of S$50,000.
Please note that this complimentary Group Personal Accident Coverage is specific to GXS Invest Cash Plus and will not apply to GXS Invest Bond, GXS Invest Diversified, GXS Invest Growth and GXS Invest Gold.
