These policies are underwritten by Singapore Life Ltd.
This is published for general information only and does not have regard to the specific investment objectives, financial situation and particular needs of any specific person. You may get a copy of the Product Summary from Singapore Life Ltd and the participating distributors’ offices. You should read the Product Summary before deciding whether to purchase the product. You may wish to seek advice from a financial adviser representative before making a commitment to purchase the product. If you choose not to seek advice from a financial adviser representative, you should consider whether the product in question is suitable for you.
MINDEF & MHA Group Insurance Scheme
Group Term Life
As this product has no savings or investment feature, there is no cash value if the policy ends or if the policy is terminated prematurely.
Group Personal Injury
As this product has no savings or investment feature, there is no cash value if the policy ends or if the policy is terminated prematurely.
The benefits of a personal accident policy will only be payable upon an accident occurring. Before replacing an existing personal accident policy with a new one, you should consider whether the switch is detrimental as there may be potential disadvantages with switching. A penalty may be imposed for early termination and the new policy may cost more or have fewer benefits at the same costs.
If you decide that the policy is not suitable after purchasing the policy, you may terminate the policy in accordance with the free-look provision, if any, and Singlife may recover from you any expense incurred by us in underwriting the policy.
Living Care/Living Care Plus/Disability Income/Outpatient Medicare
As this product has no savings or investment feature, there is no cash value if the policy ends or if the policy is terminated prematurely.
Buying a health insurance policy that is not suitable for you may impact your ability to finance your future healthcare needs.
Singlife Shield Starter
Buying a health insurance policy that is not suitable for you may impact your ability to finance your future healthcare needs.
My Business Insurance, Group Personal Accident (GPA) and Group Prolonged Medical Leave (GPML)
As this product has no savings or investment feature, there is no cash value if the policy ends or if the policy is terminated prematurely. Buying health insurance products that are not suitable for you may impact your ability to finance your future healthcare needs.
Singlife Account
The Singlife Account is an insurance savings plan. It is neither a bank savings account nor a fixed deposit.
For disclosures under the Payment Services Regulation 2019 for Singlife Account, please refer to Singlife Account.
This is not an insurance contract. Full details of the standard terms and conditions of these policies can be found in the relevant policy contracts.
This advertisement has not been reviewed by the Monetary Authority of Singapore.
These policies are protected under the Policy Owners’ Protection Scheme which is administered by the Singapore Deposit Insurance Corporation (SDIC). Coverage for your policy is automatic and no further action is required from you. For more information on the types of benefits that are covered under the scheme as well as the limits of coverage, where applicable, please contact Singapore Life Ltd or visit the GIA or LIA or SDIC websites (www.gia.org.sg or www.lia.org.sg or www.sdic.org.sg).
Information is accurate as at March 2024
