Singlife Heritage Income
Singlife
Category
Whole Life
Coverage
Death, Terminal Illness
Coverage Term
Whole Life . Up to age 120
Overview
Singlife Heritage Income is a participating whole life insurance plan designed for legacy planning. It offers a stream of guaranteed and non-guaranteed income, loyalty bonuses, and flexibility in payout frequency or reinvestment for long-term wealth accumulation
Key Features
- Legacy Distribution Option for sub-policy splitting
- Guaranteed breakeven as early as 2 years after Accumulation Period
- Continuity features via Change of Life Assured and Secondary Life Assured.
- 100% Capital Guaranteed from Policy Year 10 onwards.
Whole life insurance offers coverage for life and is commonly used for protection and legacy planning. This is unlike term insurance that only provides coverage for a specified period. Plans are usually offered on a participating basis and will accumulate cash value, allowing you to cash out should the need arise.
