Guaranteed monthly income
for the retirement you want


• Singaporean, Singapore PR, Foreigners
• Minimum sum assured of S$5,000

How to apply

MaxRetirement gives you regular retirement income

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

  • Guaranteed monthly retirement income for 20 years
  • Guaranteed total payouts (at the end of the policy term) are more than your premiums paid
  • A one-time retirement reward, that is twice your annual retirement income, to kick start your golden years
  • Flexibility to choose your payout age and retirement income amount

More about MaxRetirement

How does MaxRetirement work?

The figures used are for illustrative purposes and age refers to "age next birthday". Please refer to the policy illustration and product summary for the exact values. The non-guaranteed bonuses are based on an illustrated investment rate of return of the participating fund at 4.75% p.a. Based on an illustrated investment rate of return at 3.25% p.a., the total payout received by age 80 will be S$473,424. The actual benefits payable will vary accordingly to the future performance of the participating fund.


What am I covered for under MaxRetirement?

You are covered for Death and Total & Permanent Disability (TPD). In the event of Death or TPD, a lump sum will be paid out and the policy will terminate.

How much would I get if Death or TPD occurs during the policy term?

You will receive the higher of:

  1. 101% of total standard annual premiums paid, or single premium, plus attaching bonus (if any), less total retirement reward and retirement income paid out, and any policy loan or debt; or
  2. total surrender value, less any policy loan or debt.

Note: Total standard annual premium, or single premium, is the premium of the basic policy without any extra loadings or discounts.

What happens if I cancel my policy early?

Within the free-look period (14 days after you have received your policy document), you can cancel your policy by writing to us. In this case, premiums paid less medical fees (if applicable) incurred in assessing the risk under your policy will be refunded.

If you surrender your policy after the free-look period, you may lose part or all of the premiums paid if the surrender value payable is less than the total premiums paid.

  • Single premium option
    Once your policy is effective, you will get back at least 55% of your premiums paid if you choose to surrender immediately after the free-look period.
  • Regular premium option
    Once your policy is effective, you will not get any surrender value in the first three policy years. After three full years of paying your premiums, you will receive a surrender value

Is there a need for medical declaration to buy MaxRetirement?

No medical declaration is required.

What are the available combinations for this policy?

Single Premium
Pay for 10 years Not available
Pay until 5 years before payout age Not available

Want to know more about MaxRetirement?

Call us at (65) 6722 2293

Operating hours are from 9am to 6pm, Mondays to Fridays (excluding public holidays)

Important notices