Personal Corporate
Products
Promotions
Claims
Payments
About us
Blog
Support




All Other Useful FAQ
Singlife Account FAQs
Funding and Topping up the Singlife Account

Singlife Account

Choose a question

Are there any fees for maintaining a Singlife Account?

Can my Singlife Account be my salary account?

What happens if I do not put S$100 into my Singlife Account after I’ve signed up?

When can I top up my Singlife Account?

Who can put money into my Singlife Account?

Are there any fees for maintaining a Singlife Account?

No. Simply fund the policy with S$100 so it becomes in-force, and then maintain a minimum account value of S$100 to keep it in-force.

Can my Singlife Account be my salary account?

No. You will have to transfer funds from your personal bank account into your Singlife Account. 

What happens if I do not put S$100 into my Singlife Account after I’ve signed up?

Your Singlife Account will not be in-force. As such, you won't be able to earn returns or receive the life insurance benefits that come with the Singlife Account.

When can I top up my Singlife Account?

You can top up your Singlife Account any time after you've successfully applied for the account and funded it with an initial S$100.

Who can put money into my Singlife Account?

Only you can use your personal bank account to fund your Singlife Account. Please ensure that the bank account holder's name matches the Singlife Account policyowner's name. Any mismatch or transfer completed by a third party may lead to follow-up validation checks and/or return of funds to the source. 

Notes:

1A daily spending limit is set at S$5,000. An annual spending limit is set at S$30,000 on a 365-day rolling basis. 

 

 

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 Feb 2024.

Didn't find what you needed? We're here for you.

Get in touch with us