for a 5-year single premium endowment insurance plan.
against Death and Total and Permanent Disability2.
of payment using cash or SRS. Start with S$20,000.
Minimum age of life assured
For cash payment: 1 year age next birthday
For SRS payment: 22 years age next birthday
Maximum age of life assured
For cash and SRS payment: 75 years age
Once the policy is effective, you will receive coverage for Death and Total and Permanent Disability 2.
Choose to receive a payout of S$1,034 yearly for 5 years.
Choose to accumulate the cash payout at the current non-guaranteed accumulation interest rate of 3% p.a.3.
You would have received your single premium and total cash payout by the end of the 5th policy year 4.
You would have received S$60,170 in total.
You would have received S$60,4895 in total.