Are the crediting rates guaranteed?

No, crediting rates are not guaranteed.

How are returns calculated if my account value is changing daily? When is it credited into my account value?

Returns are calculated daily based on your account value and credited monthly, on the first day of the following policy anniversary month. For example, if the policy start date is 1 Feb, the crediting date will be 1 March. 

How does the 1% p.a. returns work?

You will get 1% p.a. for your first S$10,000 and 0.5% p.a. for your next S$90,000. There is 0% p.a. for account values that exceed S$100,000. Returns are calculated daily and credited to your account value monthly, on the first day of the following policy anniversary month. Please note that returns are not guaranteed. 

What do you mean by returns (crediting rates) are not guaranteed?

Crediting rates fluctuate based on investment performance and therefore cannot be guaranteed. However, we will notify you in advance before any rate changes are made. 

What is crediting rate?

Crediting rate is the return you earn on your account value. 

This webpage is published for information only and Singapore Life Ltd. accepts no liability whatsoever with respect to its use or its contents. 

The information contained here is accurate as at 16 Aug 2022.