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Singlife Flexi Life Income II

Singlife

Category

Whole Life

Coverage

Death, Terminal Illness

Coverage Term

Whole Life

Overview

Singlife Flexi Life Income II is a savings plan that facilitates wealth accumulation. Plan is 100% capital guaranted and provides a lifetime of yearly pay-outs with non-guaranteed bonuses. Choose to pay via Cash or SRS (Single premium only).

Key Features

  • 100% Capital guaranteed.
  • Receive yearly cash pay-outs of up to 5.2% of your sum assured.
  • Enjoy the flexibility of choosing when to start receiving cash pay-outs.
  • Pay-outs increase by 0.5% of your sum assured starting from 20 years after your first income payout or when you turn 60, whichever is later.

Earn up to 45% commission rebates*

*For eligible insurance plans only

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Understanding Whole Life Plan

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.

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