MaxAdvantage 8

Give your wealth the advantage
with up to 20%* more

Get up to

2.56% p.a.#

maturity yield

Pay premiums for only

the first
two years

of the policy term5

Eligibility

  • Life assured: 1 month old (exact age) to 70 years old (age nearest birthday)
How to apply

MaxAdvantage 8 is a participating1 regular premium endowment insurance plan with a policy term of 8 years. You will only need to pay your premiums for the first 2 years, and a survival benefit5 will help offset your remaining premiums. It allows you to grow your wealth while receiving protection.

This is NOT a fixed or savings deposit. It is an endowment insurance plan.

* The projected maturity benefit can be up to 20% higher than the total premiums less the survival benefits payable from the 3rd to 8th policy year to offset annual premiums. Projected maturity benefit is based on projected investment rate of return of 4.30% p.a.

# 2.56% p.a. is based on a Projected Investment Rate of Return (PIRR) of 4.30%.

5 Upon the survivorship of the life assured, a survival benefit of 100% of the annual premium will be payable from the end of the 2nd policy year to a year before maturity. The survival benefit will be defaulted to offset annual premiums from 3rd to 8th policy year unless there is a written notification from policyholder to the Company. However, the Company will first use the payments to reduce any outstanding indebtedness under the policy.

  • Grow your wealth

    Receive a maturity benefit at the end of the policy term, which includes your sum assured (guaranteed) and non-guaranteed bonuses.

  • Protection

    Receive coverage for Death, Total and Permanent Disability (TPD) and Terminal Illness (TI) throughout the policy term.

  • Guaranteed Issuance Offer

    No medical checkup is required.

Buying a life insurance policy is a long-term commitment. An early termination of the policy usually involves high costs and the surrender value payable may be less than the total premiums paid. You may receive less than the total premiums paid when your policy matures.

Ms Lee is a 40-year-old2 non-smoker. She wants to buy MaxAdvantage 8 with an annual premium of S$40,000 and sum assured of S$66,278.


Want to know more about MaxAdvantage 8?

Get us to call you


Call us

(65)6722 2293

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

OR


Important Notices

*The projected maturity benefit can be up to 20% higher than the total premiums less the survival benefits payable from the 3rd to 8th policy year to offset annual premiums. Projected maturity benefit is based on projected investment rate of return of 4.30% p.a.

#Based on a female, non-smoker, Singaporean, 40 years old (age nearest birthday) who bought an annual premium of S$40,000 (rounded to nearest dollar and projected yield is based on PIRR of 4.30% p.a.).

1 MaxAdvantage 8 allows policyholders to participate in the performance of the Participating Fund in the form of bonuses (reversionary bonus and terminal bonus, where applicable) that are not guaranteed.

2 Age specified refers to age nearest birthday.

3 This includes the sum assured of $66,278 and a non-guaranteed bonuses of $30,404. It is based on a Projected Investment Rate of Return of 4.30% p.a. As the bonus rates used for the benefit illustrated are not guaranteed, the actual benefits payable will vary according to the future experience of the participating fund.

4 Premiums are computed based on age nearest birthday, sex, sum assured, smoking status and rounded to the nearest dollar.

5 Upon the survivorship of the life assured, a survival benefit of 100% of the annual premium will be payable from the end of the 2nd policy year to a year before maturity. The survival benefit will be defaulted to offset annual premiums from 3rd to 8th policy year unless there is a written notification from policyholder to the Company. However, the Company will first use the payments to reduce any outstanding indebtedness under the policy.

6 It is based on a Projected Investment Rate of Return of 4.30% p.a. As the bonus rates used for the benefit illustrated are not guaranteed, the actual benefits payable will vary according to the future experience of the participating fund.