Singlife Elite Term II | Flexible Life Insurance | Singlife SG

Singlife Elite Term II

Customise your coverage with this flexible and affordable term life insurance plan. Enjoy up to 30% perpetual premium discount! T&Cs apply.

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Why Choose Singlife Elite Term II Life Insurance

Secure your family’s future with our flexible term life insurance plan. Customise your coverage to fit your unique needs, and rest assured knowing you’re safeguarding your family’s financial stability even when life takes unexpected turns.

Key Features & Benefits



Lump-sum payout

Provides a lump-sum payout if you die or are diagnosed with a terminal illness.


Choice of cover duration

Choose to be covered for 5 years, 10 years, from every one-year interval from the 11th year until age 85 or cover to age 99.


Automatic renewal

We’ll automatically renew your coverage if you choose the 5-year or 10-year coverage term1.


Increase your coverage

You have the option to increase your basic policy coverage without hassle of medical check-ups when you reach any of the 6 key milestones2.


Convert your term life insurance

You have the option to convert your term life insurance plan into a new endowment or whole life plan without further medical underwriting3.


Add on riders

Cover all bases with our riders4, offering protection for total and permanent disability, critical illness and more for added peace of mind.

Enjoy these deals!

We make sure you’re getting the best deals in town, with these savings.


Enjoy up to 30% perpetual premium discount on Singlife Elite Term II and eligible riders with a minimum sum assured of $500,000 (in contract currency) per policy.

Click here for more information. Terms & Conditions apply.

Important Notes


All ages mentioned refer to age next birthday.


  1. The Guaranteed Renewable Option (GRO) is subjected to maximum renewal age of 89 years old and the maximum expiry age of 99 years old and is only applicable to policy term of 5 years and 10 years. Upon renewal, the Life Assured is insured for at most the same Sum Assured as before the renewal date and for the same policy term. No new policy will be issued. GRO is also applicable to TPD Advance Cover Plus III, CI Advance Cover Plus IV and Early Critical Illness Cover II, if attached to the basic policy at inception. Premiums payable for the renewed policy will be based on the Life Assured’s attained age and the prevailing premium rates at the date of renewal. Please refer to the Product Summary for more details.

  2. The policyholder may exercise the Guaranteed Issuance Option (GIO) at each of the following key life events without providing further evidence of insurability:
    a) the Life Assured marries or divorces (i.e. change of marital status);
    b) the Life Assured becomes a parent by having a newborn child, or legally adopts a child (i.e. adding a new child member to the immediate family);
    c) the Life Assured purchases a property;
    d) the Life Assured or Life Assured’s child enrols into primary, secondary or tertiary education;
    e) the Life Assured enters full-time employment within one year from tertiary graduation; or
    f) the Life Assured turns 21 years old.

  3. The policyholder may exercise the Guaranteed Convertibility Option (GCO) by fully or partially converting the basic policy into a new endowment or whole life policy  available at the point of conversion, without further evidence of insurability as long as the following conditions are met:
    a) The policy is in force when this option is exercised;
    b) The Life Assured is 65 years old or younger when the GCO is exercised (for joint life policy, the age limit for conversion must be based on the older age of the two Lives Assured);
    c) For full conversion, the Life Assured will be insured for the same Sum Assured or less on the new policy, subject to the Sum Assured limit of the new policy;
    d) For partial conversion, the Life Assured is insured for a Sum Assured equal to or less than the amount of Sum Assured converted, subject to the Sum Assured limit of the new policy. The original policy will continue with a reduced Sum Assured, subject to the Sum Assured limit of the original policy;
    e) The maximum Death Benefit payable under the new policy must not exceed:
    (i) the Death Benefit payable under the original policy if it is a full conversion; or
    (ii) the Death Benefit payable for the amount of Sum Assured converted if it is a partial conversion; and
    f) No claim on this policy has been admitted or submitted.

    The terms and conditions above are not exhaustive. Please refer to the Product Summary for more details.

  4. These are the riders available to enhance your protection:
    a) TPD Advance Cover Plus III*
    b) CI Advance Cover Plus IV*
    c) MultiPay Critical Illness Cover IV
    d) Early Critical Illness Cover II
    e) Singlife Big 3 Critical Illness Cover
    f) Critical Illness Premium Waiver II
    g) Payer Critical Illness Premium Waiver II
    h) Payer Premium Waiver Benefit

    *GRO, GIO, and GCO are applicable for these riders. For more details on the riders, please refer to their respective Product Summaries.


This policy is 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. As buying a life insurance policy is a long-term commitment, an early termination of the policy usually involves high costs and the surrender value, if any, that is payable to you may be zero or less than the total premium paid. Buying a health insurance policy that is not suitable for you may impact your ability to finance your future healthcare needs. This is not a contract of insurance. Full details of the standard terms and conditions of this policy can be found in the relevant policy contract.

Information is accurate as at March 2024.

This advertisement has not been reviewed by the Monetary Authority of Singapore.

This policy is 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 us or visit the Life Insurance Association or SDIC websites ( or