Investment-linked insurance plan (ILIP)

Build your wealth while protecting what matters

Why you will love this

Choose from our professionally-managed and well-diversified funds

Be insured against Death, Accidental Death, Total & Permanent Disability and Terminal Illness

Optional coverage for Critical Illnesses and Early Cancer

Who can apply

Anyone between 1 month old and 55 years old (age next birthday)

An investment-linked plan that builds your wealth while protecting you and your family.

Features and Benefits
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Investment

The premiums you pay will be invested in professionally-managed and well­-diversified funds of your choosing that suit your risk appetite and investment objectives.

A premium allocation rate applies for each year, which determines how much of your premiums goes towards your investments.

You can choose to pay your premiums over either 10 or 20 years.

The cash value of your plan will depend on the performance of the funds you invest in.

Your investments are not guaranteed and are subject to investment risks, including the potential loss of your capital.

The premiums you pay will be invested in professionally-managed and well­-diversified funds of your choosing that suit your risk appetite and investment objectives.

A premium allocation rate applies for each year, which determines how much of your premiums goes towards your investments.

You can choose to pay your premiums over either 10 or 20 years.

The cash value of your plan will depend on the performance of the funds you invest in.

Your investments are not guaranteed and are subject to investment risks, including the potential loss of your capital.

an umbrella resting in a slanted position

Insurance

Be protected against Death, Accidental Death, Total and Permanent Disability (TPD) and Terminal Illness (TI), with optional coverage for Critical Illness and Early Cancer.

Although your policy matures at the end of the policy year when the life assured is age 80, you can choose to extend it by another 20 years without answering any underwriting (health-related) questions.

As insurance charges and policy fees are paid through the deduction of investment units, your policy will be terminated and you will lose your insurance coverage if the account value of the policy is not sufficient to pay all fees and charges.

Be protected against Death, Accidental Death, Total and Permanent Disability (TPD) and Terminal Illness (TI), with optional coverage for Critical Illness and Early Cancer.

Although your policy matures at the end of the policy year when the life assured is age 80, you can choose to extend it by another 20 years without answering any underwriting (health-related) questions.

As insurance charges and policy fees are paid through the deduction of investment units, your policy will be terminated and you will lose your insurance coverage if the account value of the policy is not sufficient to pay all fees and charges.

a dollar symbol with three arrow pointers extending outward in three different directions

Flexibility during emergencies

You can take premium holidays (pause your payments) or make partial withdrawals at no extra charge, to tide you over emergencies.

You can take premium holidays (pause your payments) or make partial withdrawals at no extra charge, to tide you over emergencies.

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Hassle-free application

Answer just 2 underwriting (health-related) questions.

Answer just 2 underwriting (health-related) questions.

For more information on how the product works, please refer to the illustration in the brochure. This is not a savings or fixed deposit account, or a pure protection insurance product. It is an investment-linked insurance plan with risks. If you want insurance protection only, you should consider other insurance products which might be more appropriate.

HOW IT WORKS

Mark's profile:

25 years old (age next birthday)

He buys an Investment-linked Insurance Plan with a goal of S$100,000 and opts for the Accelerated Critical Illness and Early Cancer Rider

Non-smoker

He pays S$325 every month for 20 years
Total premiums to be paid: S$78,000
Sum assured: S$100,000

During the policy term, Mark is covered for

Death, Terminal Illness, Total & Permanent Disability and Critical Illness

Higher of (i) the basic sum assured plus the total amount of single premium top-ups (if any) less the total amount of withdrawals (if any); and (ii) 105% of the account value

Accidental Death

Additional payout of an amount equivalent to the death benefit

Early Cancer

Additional payout of S$25,000



*Illustrated at 6% a year investment return

Next milestone

All ages specified refer to age next birthday. The figures used are based on an illustrated investment rate of return (IIRR) of 6% a year and the selected fund is GreatLink Lifestyle Balanced Portfolio. The account value at age 35 is illustrated to be S$34,940 at IIRR of 4% a year and S$41,669 at IIRR of 8% a year. The surrender value at age 45 is illustrated to be S$88,967 at IIRR of 4% a year, and S$133,063 at IIRR of 8% a year. The maturity benefit is illustrated to be S$209,212 at IIRR of 4% a year, and S$1,184,101 at IIRR of 8% a year. The two rates of return used (4% a year and 8% a year) are purely illustrative and do not represent upper and lower limits on the investment performance. The actual benefits payable will depend on the actual performance of the underlying assets of the funds. The performance of the funds is not guaranteed and the surrender value may be less than the total premiums paid. The benefits of the policy may also be affected by non-payment of premiums, partial withdrawals or any alterations to your policy. If the guaranteed extension option is exercised, the accidental death benefit and other benefits which have been claimed under the policy and/or its riders will not be extended. Please refer to the policy illustration and product summary for more information.

Before you apply

Eligibility requirements

Age

1 month to 55 years old (age next birthday)


Important notices


Policy Owners' Protection Scheme

This policy is protected under the Policy Owners’ Protection Scheme which is administered by the Singapore Deposit Insurance Corporation (SDIC). Coverage for your policy is automatic and no further action is required from you. For more information on the types of benefits that are covered under the scheme as well as the limits of coverage, where applicable, please contact us or visit the Life Insurance Association (LIA) or SDIC websites (www.lia.org.sg or www.sdic.org.sg).


or contact us at 1800 363 3333

Operating hours are from 9am to 6pm, Monday to Friday (Excluding public holidays)