Singlife's Flexi Life Income

Exclusive InsureDIY Commission Rebate Promotion!

 

 

Key features for Singlife Flexi Life Income

cash benefit

 

Income of up to 5.6% p.a. of sum assured1

pass on generations

 

Booster bonus of 0.35% of sum assured

1

capital guaranteed

 

Cash or SRS

Single Premium & Guaranteed acceptance

 

Capital guaranteed2

InsureDIY mobile application

 

Online application

Why Apply for  
Singlife Flexi Life Income

 

Singlife Flexi Life Income is a highly popular product designed to cater for your retirement. Its montly cash pyout features are especially important if you are looking for liquidity in your savings product or would like to make regular withdrawals from your SRS funds while keeping the reminder invested. Singlife Flexi Life Income's features:

  • capital guaranteed2
  • yearly payout of up to 5.6% of sum assured1
  • booster bonus of 0.35% of sum assured from 21st income payout of when you turn 60, whichever is later1
  • bonus income/benefits to beat inflation and more!

Get a quote and enjoy our special InsureDIY promotion when you apply!

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Get a Quote

 

Not ready to get a quote? Reserve our current promotion by registering above!

 

Retirement Insurance Plan Comparison

Hassle-free application and guaranteed issuance (No medical underwriting requirements!)

 

NTUC logo

i-Cash III

(Cash Only)

Gro Saver Flex

(Cash or SRS)

Gro Retire Flex

(Cash or SRS)

Singlife Flexi Life Income

(Cash or SRS)

Singlife Flexi Retirement 

(Cash only)

Premium terms available  

5 years and 10 years

Single premium or regular premium payment term of 5, 10, 15, 20 years

Single premium or regular premium payment term of 5, 10, 15, 20, 25, 30, 35, 40 years

Single premium or regular premium payment term of 3, 5, 10, 15, 20 or 25 years

Regular premium payment term of 5, 10, 15, 20 or 25 years
Policy terms available  
Up to age 85 10 to 120 years depending on premium term 15 years to age 100 depending on premium term Lifetime 5 to 35 years
Cash dividends start in year (accumulation period)  

5 Year Premium Term: 5 years

 

10 Year Premium Term: 10 years

None. Payout on maturity/surrender.

Choice of:

Single Premium: 5 to 50 years

Regular Premium : 10 to 50 years

Premiums have to be paid up to 5 years before the end of the accumulation period.

Choice of:

Single Premium: 4 to 20 years

Regular Premium (3 Years): 2 to 20 years

Regular Premium (Others): 0 to 20 years

 

Choice of:

Regular Premium (5 Years): 5 to 40 years

Regular Premium (Others): 0 to 40 years

Return @4.25% illustrated rate of return for a 45 year old male (any Cash Dividends are assumed to be paid out)1

End of:

Year 20: 2.56%
Year 30: 2.94%
Year 39: 3.43%

End of:

Year 20: 3.41%
Year 30: 3.54%
Year 40: 3.74%

End of:

Year 20: 2.60%
Year 30: 2.13%
Year 40: 3.10%

End of:

Year 20: 1.85%
Year 30: 3.08%
Year 40: 3.57%

End of:

Year 20: 1.61%
Year 30: 1.03%
Year 40: 0.81%

Capital guaranteed2  
Available Available Available Available Available
The plan is great for

Achieve capital guarantee on:

  • 8th policy anniversary for premium paying term of 5 years; or
  • 13th policy anniversary for premium paying term of 10 years.
  • New SRS contributions
  • Lumpsum maturity
  • Best yields
  • If you have a ready lump sum of uninvested SRS
  • Payout over 10 years for best tax reduction benefits
  • If you have a ready lump sum of uninvested SRS
  • Lifetime income
  • Most flexibility to design payout start age and income duration
Download brochures  
Brochure Brochure Brochure Brochure Brochure
Get a Quote

 

Not ready to get a quote? Reserve our current promotion by registering above!

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Singlife Flexi Life Income FAQ

1. Can I choose the regular premium mode if I use SRS to pay for the policy?

No, only single premium plans qualify as an SRS plan. You can choose to make regular payments by just applying for the same policy again next year! 

 

2. Will I need to go for a medical checkup when I apply for Singlife Flexi Life Income?

No medical check-ups are needed for this product.

 

3. How do I use Singlife Flexi Life Income to fund future expenses after I retire?

Here is an example of how you can expect the regular cash payouts to support expenses in your retirement.

^The total surrender value consists of the Basic Cash Value, i.e. Guaranteed Surrender Value and Terminal Bonus (if any). Please refer to the Policy Illustration for the illustrated Cash Surrender Value you may get for early policy surrender.

The Cash Bonus, Booster Bonus and surrender value are based on the illustrated investment rate of return of 4.25% per annum.  

 

1 The product include non-guaranteed benefits and are based on the illustration rate of 4.25% p.a.. The returns will ultimately depend on your own age/gender/product premium and benefit term profile. The rates shown above are meant to be illustrative. Please request for a quote by filling in the online form for your personal quotation. 

2 Different policy and premium terms will achieve the capital guarantee at different points in time over the policy term. 

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.