Make your retirement truly yours​

1. The minimum amount of Guaranteed Monthly Income is the higher of S$300 per month or the amount that will result in an annual premium of at least S$800 for the basic plan.​
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2. The Income Payout Period available is from the minimum of 5 years up to age 120 of the Life Assured, at every 1-year interval. ​
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3. SRS refers to Supplementary Retirement Scheme. This option is available to single life policy (where the Policyholder is the Life Assured covered under the policy) with single premium payment term. ​
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4. Capital is guaranteed (i.e. the guaranteed surrender value of the policy will be at least the total premiums paid for the basic plan) at the end of the chosen Accumulation Period, provided that 100% of the total premiums are paid before the end of the grace period. ​

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5. At the end of the Accumulation Period, the policyholder may choose to do either of the following:​

a) withdraw the accumulated Reversionary Bonus in one lump sum; or ​

b) convert the accumulated Reversionary Bonus into Additional Monthly Income. ​

Please refer to the Product Summary for details. ​

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6. The Monthly Cash Bonus (if any) will be payable monthly during the chosen Income Payout Period. Monthly Cash Bonus is not guaranteed. ​

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7. For the reinvestment option, please refer to the Policy Illustration for the prevailing non-guaranteed interest rate. Singlife reserves the right to revise the non-guaranteed interest rate based on future experience. ​

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8. Care Income Benefit Period refers to the period that starts immediately after the end of the Accumulation Period of the basic plan that Singlife Care Income Plus Cover is attached to and this is the period where the benefits under this rider are payable.​

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9. The policyholder may apply to exercise the Fast Forward Option to receive the Care Income Benefit in a lump sum (instead of a monthly income) when:​

a) the Life Assured is first diagnosed with Partial Disability during the Care Income Benefit Period; and ​

b) it is the first valid Care Income Benefit claim on this rider. ​

Terms and conditions apply. Please refer to the Product Summary for more details.​

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10. If the Life Assured meets the Partial Disability definition, the Care Income Benefit of up to 100% of the chosen Monthly Care Income will be payable every month during the Care Income Benefit Period, depending on the severity of the Partial Disability and subject to a deferment period of 90 days. The Monthly Care Income payable under this benefit will be paid out to the policyholder. It cannot be reinvested with Singlife. The payment of Care Income Benefit ends immediately: ​

a) on the date the Life Assured no longer meets the Partial Disability definition; ​

b) on the date the Life Assured dies; ​

c) on the benefit cessation date of this rider; or ​

d) on the date this rider ends, ​

whichever is the earliest. ​

Please refer to the Product Summary for more details including the definitions of Partial Disability and ADLs.​

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11. Each condition covered under Senior Special Benefit can only be paid once and a maximum of 7 claims are allowed under this benefit. This benefit will cease on the date the 7th claim is made; on the Policy Anniversary in which the Life Assured is age 85; upon the expiry of this rider; or on the date this rider ends, whichever is the earliest. Waiting period and survival period are applicable to this benefit. Please refer to the Product Summary for more details.​

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