It is an endowment insurance plan. This means that it focuses on growing your wealth while offering insurance coverage at the same time.

There are a total of 4 premium payment options – Single Premium, or Regular Premium over 5 years, 10 years, or 15 years. For Regular Premium payment options, you can choose to pay your premiums either monthly or annually.

Yes, SRS payment is allowed for Single Premium mode only, with a minimum single premium of S$15,000. Note that the minimum entry age for SRS payment is 19 years old (age next birthday).

Your money will be pooled together with those collected from other policyholders and invested into a participating fund. The participating fund will be managed by Lion Global Investors Limited and invested in a diversified range of assets.

You will be getting insurance coverage for Death, Terminal Illness (TI) and Total and Permanent Disability (TPD).

Here is a table reflecting the respective coverage and exclusions:

Yes, you can. However, if the life assured passes away due to a pre-existing condition within 12 months from the date the policy was issued, the policy will be void and all the premiums paid (less any debt, benefits and/or bonuses paid under the policy) will be refunded. Payment of Terminal Illness (TI) benefit or Total and Permanent Disability (TPD) benefit will not be made if the life assured has pre-existing TI or pre-existing TPD, or pre-existing conditions that lead to a TI or TPD event within 12 months from the date the policy was issued.

Yes, provided there is cash value in your policy. Note that if you make a partial surrender, it will reduce the basic sum assured which may affect the amount of future bonuses payable (if any) under the policy. The policy will terminate upon full surrender of the policy. Terms and conditions apply.

The illustrated benefits are made up of guaranteed and non-guaranteed benefits.

1. Guaranteed benefits
   
   Capital is guaranteed from the end of the 10th policy year for single premium payment option, 15th policy year for regular premium (5-year and 10-year) payment options, and 20th policy year for regular premium (15-year) payment option, if no policy alterations are made.
   

   Premium payment term	Capital guaranteed at the end of policy year
   Single Premium	10
   5 years or 10 years	15
   15 years	20

2. Non-guaranteed benefits

Every year, the bonus returns from the participating fund will be declared. Only bonuses that have been declared are guaranteed. Non-guaranteed benefits are in the form of future bonuses and depend on the current performance, the future outlook and the financial soundness of the participating fund.

The non-guaranteed benefits (based on bonuses to be declared) depend on factors including:

• Actual investment returns of the participating fund
• Actual expenses incurred or allocated to the participating fund
• The number of surrendered policies in the participating fund
• The amount of death and sickness claims paid out on policies in the participating fund.

The two Illustrated Investment Rates of Return of 4.25% per year and 3.00% per year used to illustrate the benefits are used purely as examples. They do not represent the upper and lower limits of the investment performance of the participating fund.

The bonuses may be smoothed to provide a stable medium to long-term return. Bonuses made during the good years may be used to support the bonuses during down times.

Please note that past performance may not be indicative of future performance.

All the fees and charges are already included in the amount that you pay. These include (but are not limited to):

• Distribution costs which includes what you pay for advice and for other related expenses
• Fee to the fund managers
• Costs of insurance
• Management expenses to maintain the policy

Signing up for a life insurance policy is a long-term commitment. There are some things you need to take note if you end the plan early:

• This plan will return the total amount that you put in only after 10, 15, or 20 policy years (depending on the premium payment option which you have selected). If you end the policy within the first 10, 15, or 20 policy years, you will get zero or less than what you put in
• Once you end your policy, you will not be protected in terms of insurance coverage

The following table shows the guaranteed surrender value as a proportion of premiums paid at some key points during the policy term. This will allow you to have a rough estimate of how much you may get back if you choose to terminate the policy early.

Please refer to the surrender value section in the policy illustration for more information.

You can appoint another person to be the Secondary Life Assured (SLA). This ensures that in the event the original life assured passes on, the SLA appointed by you can take on and continue the existing policy. The policy term will remain unchanged (i.e. policy will mature on the policy anniversary when the original life assured would have been age 120 next birthday).

The SLA can be yourself, your spouse or child (biological or legally adopted) who is age 18 next birthday and below.

This FAQ serves to explain the policy in brief only. The precise terms and conditions of this insurance plan are shown in the policy contract. Please refer to the Policy Illustration, Product Summary, and the policy contract for more information.