Life Insurance Corporation’s Wealth Plus 9
9.55% Guaranteed Total Return (3-year term)
TRANCHE OPEN
InsureDIY is a Broker licensed by the Monetary Authority of Singapore and is an Exempt Financial Adviser.
Key Features for LICS Wealth Plus 9
9.55% 3-Year Guaranteed Total Return
Capital Guaranteed at Maturity
3-Year Term
Up to DIY$60 InsureDIY Promo
Easy Online
Application through
InsureDIY
Why Apply for Wealth Plus 9
Looking for an investment that provides you with guarantees on the return and the capital? Wealth Plus 9 is guaranteed by the Life Insurance Corporation and is covered by the SDIC.
Enjoy a guaranteed total return of 9.55% (3.09% p.a.) in just 3 years, with premiums as low as $20,000 and guaranteed protection in the event of death and total permanent disability.
Wealth Plus is capital guaranteed and protected by SDIC.
Apply now before this tranche is closed!
InsureDIY is the only adviser platform where you can easily apply for Life Insurance Corporation’s Wealth Plus online and pay the premium directly to Life Insurance Corporation from the comfort of your own home.
Your premiums will be paid directly to the Life Insurance Corporation.
Commonly Asked Questions about Life Insurance Corporation’s Wealth Plus 9 Plan
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Who is suitable for LICS Wealth Plus 9?
LICS Wealth Plus 9 is suitable for individuals who prefer guaranteed returns and capital protection, with a short-term investment horizon.
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What are the benefits covered under LICS Wealth Plus 9?
LICS Wealth Plus 9 provides death benefit, accidental death benefit, Total Permanent Disability (TPD) benefit and maturity benefit.
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What is the minimum and maximum premium size for Life Insurance Corporation’s Wealth Plus 9?
LICS Wealth Plus 9 has a minimum premium of S$20,000 and maximum premium of S$200,000.
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What are the minimum and maximum ages for Life Insurance Corporation’s Wealth Plus 9?
Individuals from ages 18 to 70 (next birthday) are eligible to apply for Life Insurance Corporation’s Wealth Plus 9.
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Is there a limit to the number of policies you can purchase?
No, there is no limit. Multiple policies are allowed under the same life insured, subject to a maximum aggregate single premium of S$200,000 per tranche.
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If I am a foreigner, can I apply for Life Insurance Corporation’s Wealth Plus 9?
Yes, if you are residing in Singapore at the time of application, with a valid pass that has a minimum validity period of 6 months from the proposal signed date. However, foreigners from sanctioned countries will be turned down.
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What are the acceptable source of funds for Life Insurance Corporation’s Wealth Plus 9?
The Single Premium payment can be made via Cheque or Cashier's Order only, payable to " Life Insurance Corporation (Singapore) Pte Ltd".
If submitting a Cashier's Order, please submit a copy of cashier’s order application form or a copy of the debit advice showing the payer’s details.
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Can I use my SRS funds to apply for Life Insurance Corporation’s Wealth Plus 9?
No, SRS funds cannot be used for LICS Wealth Plus 9. The Single Premium payment has to be made via Cheque or Cashier's Order.
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Is Life Insurance Corporation’s LICS Wealth Plus 9 covered by SDIC?
Yes, subjected to a maximum of S$500,000 for the aggregated guaranteed sum assured and S$100,000 for the aggregated guaranteed surrender value per life assured per insurer.
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Is there any medical requirements for LICS Wealth Plus 9?
No medical examination is needed.
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Can I make nomination?
Yes, you can assign or nominate anyone as a beneficiary.
InsureDIY is a Broker licensed by the Monetary Authority of Singapore and is an Exempt Financial Adviser. This advertisement has not been reviewed by the Monetary Authority of Singapore.
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