Investing made simpler
Grow is an investment-linked life insurance plan that provides a flexible combination of investment and protection, including death and terminal illness benefits.
Through Grow, you can invest in portfolios that are managed by world-class investment experts abrdn (formerly known as Aberdeen Standard Investments).
More than just investment
Grow is an Investment-Linked Policy (ILP) that offers a combination of investment opportunities and insurance protection.
No lock-in period
Start investing with a minimum amount of S$1000. Make withdrawals anytime with no lock-in period or penalty.
Death benefit
Be covered against death and terminal illness at 101% of the net premiums; or account value, whichever is higher.
Customisable portfolios
Set up as many plans as you want for your different financial goals. Give each any name you like! Note that you can only choose one of the three portfolios per application based on your risk appetite.
Simplified portfolios
Carefully constructed, closely monitored and rebalanced to achieve intended investment objectives.
Easily managed in one app
Along with Singlife Account, you get to save, earn, spend, invest and be insured easily.
Who's eligible for Grow?
How Grow works
Grow is a flexible investment-linked life insurance plan which nestles side by side with our Singlife Account to provide diversified and flexible investment opportunities beyond what is offered with the Singlife Account.
Like other ILPs, Grow does not provide guaranteed returns. Investment returns are based on your portfolio performance, where the value of the units and the income accruing to the units, if any, may fall or rise. As such, you need to select portfolios that meet your investment objectives and risk profile.
Protection-wise, Grow provides life insurance coverage in the event of your death and terminal illness. Your loved ones will receive the higher of 101% of your Net Premiums or your Account Value. Here's how it works.

What is net premiums?
What is account value?
Coverage against death and terminal illness
Scenario A - In the event of death and terminal illness:
Wes has invested a total Net Premiums of S$30,000 with Grow.
His Account Value is S$45,000.
His family will receive a payout of S$45,00 as it is higher than 101% of Net Premiums (ie. S$30,00)
Scenario B - In the event of death and terminal illness:
Wes has invested a total Net Premiums of S$30,000 with Grow.
His Account Value is S$25,000.
His family will receive a payout of S$30,300 (101% of Net Premiums) as it is higher than the Account Value
Different portfolios for different risk profiles
Conservative
LOW RISK
The investment objective of this portfolio is primarily capital preservation.
Fund allocations
20% Equities
80% Fixed income
This could be right for you if:
- You are just starting your journey with investing.
- You prefer taking on less risk.
- You are comfortable with lower returns.
Balanced
MEDIUM RISK
Fund allocations
50% Equities
50% Fixed income
This could be right for you if:
- You have a moderate risk tolerance.
- You seek a modest return on your investment.
- You are comfortable with some volatility in return for a potentially higher investment performance.
Dynamic
HIGH RISK
Fund allocations
80% Equities
20% Fixed income
This could be right for you if:
- You have a higher risk tolerance.
- You are comfortable with managing significant fluctuations with your investments, in return for potentially higher returns over the long term.
The Customer Knowledge Assessment (CKA)
Why it is required for Grow?
From 2012, to safeguard customers’ interest, the Monetary Authority of Singapore (MAS) required financial institutions to assess whether they have the knowledge or experience to understand the risks and features of unlisted Specified Investment Products (SIPs), such as ILPs and unit trusts, before allowing them to purchase the product.
Hence, CKA is needed to assess customers’ knowledge or experience before they can invest in Grow.
What is the criteria to pass CKA?
Downloads
Grow Product Summary
PDF (164.3 KB)
Grow Terms & Conditions
PDF (301.8 KB)
Singlife Model Portfolio Quarterly Investment Report (Q1 2022)
PDF (180.9 KB)
Singlife Model Portfolios Factsheet Mar 2022
PDF (171.3 KB)
Singlife Model Portfolios Report (3 Mar 2022)
PDF (147.2 KB)
Grow ILP Sub-Funds Annual Report (31 Dec 2021)
PDF (853.0 KB)
Singlife App Terms & Conditions
PDF (293.8 KB)
Learn more about Singlife Terms and Conditions.
Start investing today
Invest and be insured within minutes with Singlife’s Grow, the digital investment-linked policy.

A financial institution you can trust
Licensed by MAS
Singapore Life Ltd. (Singlife with Aviva) is a direct life insurer
licensed by the Monetary Authority of Singapore (MAS).
Protected by SDIC
All policies, including the Singlife Account are
covered under the Policy Owners’ Protection (PPF) Scheme
administered by Singapore Deposit Insurance Corporation
(SDIC). The PPF Scheme protects policy owners in the event
a life insurer which is a PPF Scheme member fails.
Got any questions?
What are the key features of Grow plan?
What are the minimum investment amount?
What happens if I do not meet the CKA requirements?
Any lock-in period for my investment?
Can I invest in specific ILP sub-fund(s)?
What are the charges payable?
What does the basic benefits cover?
Can I make partial withdrawals?
How often will I need to go through the CKA?
What is Singlife's Model Portfolio?
Grow Bonus Return Campaign
Earn additional 0.5% p.a.
on your first S$10,000 on top of the base return for your Singlife Account* from 1 July 2021 to 31 December 2022# when you invest with Singlife’s Grow, our investment-linked policy.
*Base return has been revised to 1% p.a. for the first S$10,000 in your Singlife Account from 1 Jul 2021.
#Your Grow policy has to be in force by 30 Nov 2022 to qualify.
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. A copy of the Product Summary may be obtained from us and the participating distributor's 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. In the event that 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. Investments in this plan are subject to investment risks including the possible loss of the principal amount invested. The value of the units, and the income accruing to the units, may rise or fall. Past performance of the ILP sub-fund(s) is not necessarily indicative of future performance. 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.
This advertisement has not been reviewed by the Monetary Authority of Singapore. Information is accurate as of 05 May 2022.
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).