Build more than wealth. Build a legacy that lasts.
Wealth takes time to build. What you leave behind can help future generations move forward.
Singlife Heritage Reserve is a USD-denominated participating whole of life insurance plan designed to support long-term wealth accumulation, legacy planning and multi-generational wealth transfer.
With a policy term of up to 388 policy years1, the plan is designed to support continuity across generations while giving you flexibility over how the policy and its benefits may be managed and transferred over time.
Grow wealth that lasts
Give your wealth more time to grow through a long-term participating whole life plan, while preserving value that can support future generations.
Adapt as needs change
Access part of your policy value for changing financial or care needs, with flexibility for eligible payouts and withdrawals in different currencies.
Retain flexibility over who owns the policy and whose life it covers, and shape how your wealth is passed on across generations.
Features designed for your legacy
Plan policy ownership and coverage
Use options such as Joint Ownership2, Change of Life Assured3, Secondary Life Assured4, Transfer of Ownership5 and Contingent Owner6 to support policy continuity as circumstances change.
Access value when needed
Use the Bonus Access Option7 to receive part of the Terminal Bonus or transfer it to the Bonus Lock-In Account7 to earn non-guaranteed interest. The Care Support Income Option8 also provides additional liquidity upon diagnosis of a Designated Condition.
Available under Prestige tier only.
Such as stroke, heart attack, major cancer or severe dementia.
Shape how wealth is passed on
Use the Death Benefit Payout Option9, Legacy Distribution Option10 and Legacy Continuation Option11 to shape how benefits are paid or the policy continues.
Accumulate wealth over time
Build policy value over the long term with a Guaranteed Cash Surrender Value (GCSV)12 and the potential for non-guaranteed bonuses from the participating fund.
With Higher Illustrated Rate of Return of 7.5% p.a.
Flexibility to shape your plan
Choose how you pay, structure your policy and receive benefits to suit your needs.
Choose how your legacy supports those who matter
Shape how beneficiaries receive the Death Benefit and how part of your policy can continue under a Secondary Life Assured.
The Bonus Access Option7 gives you choice of recurring or one-time access to your policy value, depending on your needs
Access a percentage of your Terminal Bonus annually for a period you choose. Take it as a payout, place it in the Bonus Lock-In Account to earn non-guaranteed interest, or combine both.
Access a percentage of your Terminal Bonus annually with no specified end date. Take it as a payout, place it in the Bonus Lock-In Account to earn non-guaranteed interest, or combine both.
Withdraw a chosen dollar amount from your Terminal Bonus in one direct payout. If there is a shortfall, the GCSV will be partially surrendered*. Only payout option is available.
*The amount is taken up to the maximum amount through Terminal Bonus withdrawal, and any excess amount will be through partial surrender.
Divide and structure your wealth across generations
With the Legacy Distribution Option10, split one policy into separate sub-policies to support different family members and their future needs.
Transfers a selected percentage of eligible policy values from the base policy into one or more sub-policies. You get to decide who is the initial Policyholder and Life Assured of the sub-policy.
From 3 years after the Policy Effective Date for Single Premium policies, or 5 years for 3- and 5-year Premium Payment Terms.
Split your wealth into standalone policies to support different legacy objectives.
Here’s how Singlife Heritage Reserve works:
Build more than wealth. Plan your legacy
For a personalised consultation on Singlife Heritage Reserve, simply complete the form, and a dedicated Financial Adviser Representative will be in touch.
Prefer to speak with someone? Our team at Singlife Financial Advisers (“SFA”), a wholly owned subsidiary of Singapore Life Ltd. (“Singlife”) is here to assist you. Reach us at 6827 9980 (Mon – Fri, 9am to 6pm).
All ages mentioned refer to age next birthday.
1. Singlife Heritage Reserve is a whole of life plan with a policy term of up to 388 policy years. If the policy remains in force at the end of 388 policy years and no benefit claim has been made, the Cash Surrender Value, less any amount owing to Singlife, will be payable. For more details, please refer to the Product Summary and Policy Illustration.
2. An option that allows a policyholder to jointly own the policy with another eligible individual who has an insurable interest in the Life Assured. Both policyholders share equal rights in decisions relating to the policy. Joint Ownership is available to a maximum of two individual policyholders who have an insurable interest in relation to the Life Assured. Life Assured can be either a person who is different from the Joint Owners or one of the Joint Owners. Joint Ownership may be converted to Single Ownership and vice versa, subject to Singlife's prevailing eligibility requirements and approval. For more details, please refer to the Product Summary and Policy Illustration.
3. Change of Life Assured may be requested after the first policy year, unlimited times, subject to the applicable eligibility requirements and restrictions. The new Life Assured must satisfy the prevailing entry age, insurable interest and other applicable requirements. A Change of Life Assured will take effect on the next Policy Anniversary following Singlife’s approval. For more details, please refer to the Product Summary and Policy Illustration.
4. A Secondary Life Assured may be appointed, changed or removed during the policy term unlimited times, subject to the applicable eligibility requirements and restrictions. The new Life Assured must satisfy the prevailing entry age, insurable interest and other applicable requirements. Upon the death of the Life Assured while a valid Secondary Life Assured has been appointed, no Death Benefit will be payable and the policy continues with cover on the life of the appointed Secondary Life Assured. For more details, please refer to the Product Summary and Policy Illustration.
5. Transfer of Ownership may be exercised from 12 months after policy inception and only after all basic premiums due under the policy have been fully paid, subject to the applicable eligibility requirements and restrictions. It allows an eligible Single Life policy to be transferred to another individual, who will assume the rights, benefits, liabilities and obligations under the policy. For more details, please refer to the Product Summary and Policy Illustration.
6. A Contingent Owner may be appointed, changed or revoked during the policy term, subject to eligibility requirements and Singlife’s acceptance. Upon the death or Mental Incapacity of the current policyholder, the Contingent Owner may assume ownership of the policy after the required notification, documentation and approval by Singlife. For a Single Life policy, a Secondary Life Assured must be in place for a Contingent Owner to be appointed. For more details, please refer to the Product Summary and Policy Illustration.
7. The Bonus Access Option is available from the 5th Policy Anniversary onwards and it allows the policyholder to access part of the non-guaranteed Terminal Bonus without fully or partially surrendering the policy. The amount accessed may be transferred to the Bonus Lock-In Account where it can be either withdrawn directly or reinvested to earn a non-guaranteed interest depending on the chosen access options, subject to the applicable eligibility requirements, access limits and other conditions. Accessing Terminal Bonus will reduce the remaining Terminal Bonus and may reduce future policy values. For more details, please refer to the Product Summary and Policy Illustration.
8. The Care Support Income Option is available only under Singlife Heritage Reserve – Prestige. It may be exercised when the Life Assured is diagnosed with a Designated Condition, subject to the applicable eligibility requirements and supporting documentation. Upon approval, up to 100% of the Terminal Bonus may be accessed, with option to transfer the amount into the Bonus Lock-In Account, from which payments will be made according to the selected amount, frequency and duration. The policy must be in force and fully paid, and the instruction to set up this option is available from the 2nd Policy Anniversary onwards.
9. The Death Benefit Payout Option must be elected by the policyholder at the point of policy application. The policyholder may choose an Initial Death Benefit Payment of between 0% and 95% of the Death Benefit, in multiples of 5%, with the remaining Death Benefit paid in equal Annual Instalment Amounts over a selected Death Benefit Payment Period of 1 to 10 years. Where the Initial Death Benefit Payment is 0%, the selected Death Benefit Payment Period must be more than 1 year. Other eligibility requirements and restrictions apply. For more details, please refer to the Product Summary and Policy Illustration.
10. The Legacy Distribution Option allows the policyholder to split the base policy into one or more sub-policies by allocating a selected percentage of the eligible policy values to each sub-policy. It may be exercised from 3 years after the Policy Effective Date for Single Premium policies and from 5 years after the Policy Effective Date for 3-year and 5-year Premium Payment Term policies. Each sub-policy will have its own policy number and be treated as a standalone plan. Once the distribution has taken effect, it cannot be reversed. For more details, please refer to the Product Summary and Policy Illustration. For more details, please refer to the Product Summary and Policy Illustration.
11. The Legacy Continuation Option allows the policyholder to pre-elect a specified percentage of the Death Benefit, via Legacy Distribution Option, in multiples of 5%, to be paid as a lump sum upon the death of the Life Assured, while the remaining portion of the policy continues with the appointed Secondary Life Assured becoming the new Life Assured. The option may be exercised from 3rd Policy Anniversary for Single Premium policies and from 5 years after the Policy Effective Date for 3-year and 5-year Premium Payment Term policies. A valid Secondary Life Assured must be in place, and for a Single Life policy, a valid Contingent Owner must also be appointed. The instructions may be changed multiple times during the policy term, subject to the applicable eligibility requirements and conditions. For more details, please refer to the Product Summary and Policy Illustration.
12. Acquire Guaranteed Cash Surrender Value (GCSV) starting from the inception of the policy. For Single Premium, the Surrender Value after inception is 85% of total premiums payable on annual mode, provided premium is fully paid. For more details, please refer to the Product Summary and Policy Illustration.
13. Based on an illustrated investment rate of return of 5.25% p.a., the Non-guraranteed Surrender Values would be:
a) US$120,712 at Policy Year 3;
b) US$879,830 at Policy Year 15;
c) US$2,615,847 at Policy Year 30;
d) US$3,503,387 at Policy Year 35;
e) US$8,061,843 at Policy Year 50; and
f) US$38,712,196 at Policy Year 80.
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Disclaimers
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 premiums paid. 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 23 September 2026.
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 (www.lia.org.sg or www.sdic.org.sg).
