Singlife Choice Saver

(Previously known as MyChoiceSaver)
A flexible insurance savings plan to grow your money on your terms

Supercharge your savings the way you want

With Singlife Choice Saver, you're in control and your capital is guaranteed1. You can count on the plan's flexible options to support your journey.

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Capital guaranteed

What’s yours will always be yours, so rest assured knowing your capital is guaranteed1


Lump-sum payout

Pays lump-sum for death, Terminal Illness2 or accidental death3. Plus, get up to 12 months’ interest waiver for unpaid premiums if unemployed4.


Maturity payout and potential bonuses

Get a lump-sum payout made up of your Sum Assured and non-guaranteed bonuses5 when the policy term ends.


Choose your policy & premium payment period

Enjoy the flexibility of choosing your policy duration and premium payment period. 


Leave a legacy

You can change the named Life Assured6 to your spouse or child, so that they can enjoy the maturity benefit7 when the policy term ends.




Comprehensive cover

We welcome customisation. Choose from a range of add-on riders8 to have a savings plan that also protects you against critical illness and more. 

Important Notes


All ages mentioned refer to age next birthday.


  1. The guaranteed amount that you will receive at the Policy Maturity Date is at least equivalent to the Total Premiums Paid for the basic plan, subject to the policy terms and conditions.

  2. If the Life Assured dies while the policy is in force, the lump-sum Death Benefit payable will comprise:
    a) the higher of:
        (i) 105% of the Total Premiums Paid for the basic plan; or
        (ii) the Guaranteed Cash Surrender Value;
    b) the accumulated Reversionary Bonus (if any); and
    c) the Terminal Bonus (if any),
    less any amount owed to us.
    If the Life Assured is diagnosed with Terminal Illness while the policy is in force, we will pay the Terminal Illness Benefit in one lump sum, as an advancement of the Death Benefit.

  3. If the Life Assured dies from an Accidental Injury, while the policy is in force, and before the commencement of the policy year in which they turn age 80, we will pay 100% of the Sum Assured on the basic plan, in addition to the Death Benefit, in one lump sum.

  4. This refers to the Waiver of Interest Benefit for a policyholder aged 19 to 75, who has been retrenched or unemployed and remains involuntarily unemployed for a period of three consecutive months. This is provided when the policy has sufficient cash value to cover the total outstanding premiums. Proof of unemployment is required. Please refer to the Product Summary for more details.

  5. Non-guaranteed bonuses are made up of accumulated Reversionary Bonus and Terminal Bonus. They are non-guaranteed and depend on the performance of Our Participating Fund. Reversionary Bonus is non-guaranteed but once declared and vested, it forms part of the guaranteed benefit of the policy. Please refer to the Product Summary for more details.

  6. The policyholder can request for a change of Life Assured – up to three times – after the first policy year. The new Life Assured must have sufficient insurable interest in relation to the policyholder. Any request to change the Life Assured is subject to our acceptance. Please refer to the Product Summary for more details on the terms and conditions for the change of Life Assured.

  7. To allow the new Life Assured to enjoy the maturity benefit, the policyholder must transfer ownership of the policy to the new Life Assured by assigning the policy to the new Life Assured.

  8. Please speak to your financial adviser representative for the available riders. For more information, please refer to the riders’ respective Product Summaries.

  9. A waiting period applies to Cancer Premium Waiver II. If the Major Cancer is diagnosed within 12 months from the Policy Issue Date, the issue date of the rider, the Benefit Commencement date of the rider or the reinstatement date of the rider, whichever is latest, the rider will be voided from the date immediately prior to the date of diagnosis of Major Cancer. Please refer to the rider’s Product Summary for the definition of Major Cancer and details.


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. 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 August 2022.

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