Hit financial targets effortlessly
Singlife SteadypaySaver takes the hard work of saving out of your hands so that you can focus on living life well! Aside from getting a payout at the end of your policy term1, you also get to enjoy annual cash treats2 along the way.
Yearly guaranteed cash payout
Get yearly guaranteed cash payouts2, equivalent to 5% of your sum assured4, from the end of your 2nd policy year.
Let it grow
Watch your money multiply even more when you opt to reinvest your yearly cash payouts with us2,3, instead of withdrawing it.
Choose your policy duration
Enjoy the flexibility of choosing 12, 15, 18 or 25 years for your the policy duration to suit your goals and budget.
Additional life coverage
Receive a lump-sum payout in the event of death or Terminal Illness7, with an additional payout for death due to an accident8.
Add on riders9 for a more comprehensive coverage so nothing gets between you and your financial goals.
Lump-sum payouts and returns
When your plan matures, you can expect:
A maturity benefit1 which includes a guaranteed lump-sum payout and a potential lump-sum bonus5.
You can also look forward to a potential return of up to 2.83% per annum6.
All ages mentioned refer to age next birthday.
This policy is underwritten by Singapore Life Ltd.
This is published for general information only and does not have regards 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. or our 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. 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. Before replacing an existing personal accident policy with a new one, you should consider whether the switch is detrimental as there may be potential disadvantages with switching. A penalty may be imposed for early termination and the new policy may cost more or have fewer benefits at the same costs. 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 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).