
TM Retirement GIO Plus |
TM Retirement Paycheck Life |
RetireReady Plus |
Sail |
RevoRetire |
ePREMIER eternity presto |
|
Insurer |
Tokio Marine |
Tokio Marine |
Manulife |
NTUC Income |
NTUC Income |
Etiqa Insurance |
Entry age |
Age 40 to 65 ANB |
Age 19 to 60 ANB |
Age 18 to 60 ALB |
Age 0 to 60 ALB |
Age 20 to 65 ALB |
Age 1 to 70 ANB |
Premium payment term |
5 years |
5, 10 or 15 years |
5, 10, 15 or 20 years or single premium |
Single premium |
5 or 10 years or up to 5 years before the end of accumulation period |
Single premium |
Retirement pay-out age |
Starts from 5th policy anniversary |
Age 55, 60 or 65 |
Age 50, 55, 60, 65 or 70 |
Age 55, 60, 62 or 65 ALB or choose to commence in 10, 15, 20, 25 or 30 years from start of policy |
Age 50, 55, 60 or 65 or after an accumulation period of 10 or 15 years |
Starts from 1st policy anniversary |
Pay-out term |
Lifetime |
Lifetime |
Lifetime or a period of 5, 10, 15 or 20 years |
20 years or in a lump sum |
10, 20 or 30 years |
Lifetime until age 100 |
Frequency of pay-outs |
Yearly |
Monthly |
Yearly |
Choice of monthly, quarterly, half-yearly or yearly |
Monthly |
Monthly |
Payment method |
Cash |
Cash |
Cash or SRS (for single premium only) |
Cash or SRS |
Cash |
Cash |
Guaranteed acceptance |
Yes |
Yes |
Yes |
Yes |
Yes |
Yes |
Surrender value |
Surrender value continues increasing even after pay-out commences |
Surrender value decreases after pay-out commences |
Surrender value decreases after pay-out commences |
Immediate liquidity of 80% of your one-off premium as surrender value. Surrender value decreases after pay-out commences |
Surrender value decreases after pay-out commences |
Immediate liquidity of 80% of your one-off premium as surrender value. Guaranteed surrender value remains level even after pay-out commences |
Option for Joint-life |
No |
Yes |
No |
No |
No |
No |
Additional benefits |
- |
1) Receive additional non-guaranteed bonus in the form of surrender value or as additional monthly income |
1) Receive additional non-guaranteed bonus in lump sum at retirement age or as additional monthly income
2) Additional income for loss of independence
3) Maturity benefit
4) Flexibility to adjust income pay-out period if needed
5) Future premiums waived upon TPD |
- |
1) Accumulate cash with insurer to receive interest rates and lump sum at maturity
2) Disability care benefit (waives all future premiums and provides additional lump sum benefit + additional monthly cash benefit)
|
1) Accumulate cash with insurer to receive interest rates and lump sum at maturity
2) Additional cash bonus every 15th anniversary |
Coverage |
Death and Terminal Illness |
Death |
Death |
Death and TPD (before age 70) |
Death and accidental death |
Death |
Start Planning For Your Retirement
For capital guaranteed security: TM Retirement GIO Plus and ePREMIER eternity presto
Surrender values remains level and/or increases throughout policy term even after pay-out commences.
For high guaranteed income: RevoRetire and TM Retirement Paycheck Life
Receive high guaranteed cash benefit on top of the non-guaranteed bonuses.
For increasing pay-outs: Sail and ePREMIER eternity presto
Fight inflation with these plans that offer pay-outs that increase with age.
For long term care benefits: RevoRetire and RetireReady Plus
Receive disability care benefit with RevoRetire in the event of an accidental disability while RetireReady Plus offers additional income for loss of independence.
For an early commencement of pay-outs: TM Retirement GIO Plus and ePREMIER eternity presto
Start receiving pay-outs from the 5th and 1st policy anniversary for the respective policies.
Available Annuity Plans: |
Etiqa Insurance - ePREMIER eternity presto,eFUTURE pay presto Manulife - RetireReady Plus NTUC Income - Sail,RevoRetire Tokio Marine - TM Retirement GIO,TM Retirement GIO Plus,TM Retirement Paycheck Life, TM Retirement Secure, TM Retirement SP |
Annuities are suitable for:
- Retirement planning
- Receiving a lifetime stream of income
- Supplementing CPF Life and any retirement savings
Annuities are not suitable for:
- Death or health coverage
Discover Your Retirement Needs
Available Products on FSMOne Insurance |
Term Life, Whole Life, Critical Illness, Annuity, Health, Endowment from Etiqa Insurance, Manulife, NTUC Income and Tokio Marine Life Insurance *Please check with our advisory team if the product you want is available on FSMOne Insurance |
Interested to learn more? Check out these articles:
Are You Really Allowed To Retire At 62?
The Beginners Guide To Understanding Insurance
