DIRECT-Term
Income's original Direct Purchase Insurance term (2015–~2022). No longer on Income Insurance’s current term-life page — existing policies continue on their original contract terms.
DIRECT-Term was Income's product in the MAS-mandated Direct Purchase Insurance (DPI) class launched industry-wide on 7 April 2015 — standardised no-advice term plans sold online or at branches with capped sums assured.
It was replaced around the 2022 corporatisation by DIRECT Star Term (which this page's advised comparison deliberately excludes). Details of the pre-2022 version survive mainly through third-party reviews, so its exact feature set is medium-confidence only.
What’s publicly known
What isn’t published
- Exact premium tables and rider options of the pre-2022 version — the review page documenting them is no longer accessible
- Formal withdrawal date
Still holding a DIRECT-Term policy?
An adviser can help you:
- Read your original policy contract and confirm exactly what it still covers
- Compare keeping it against replacing it — legacy plans are sometimes worth keeping
- Check whether current Income Insurance plans fill any gaps it leaves
Sources
- MAS — compareFIRST and DPI launch (7 Apr 2015)
- compareFIRST product summary — DIRECT Star Term (successor)
Legacy-plan information is compiled from limited public materials and third-party overviews — never rely on it for a decision about an in-force policy. Your policy document is the only authoritative description of your cover. Confirm with Income Insurance or a licensed financial adviser.