Retirement Legacy (Accumulation of Payout)

Plan your legacy  
Receive up to 4.2% p.a. in monthly cash payouts &
leave lifelong income for your children

Get your Legacy Retirement Quotation

I would like to choose my cover by:

This is the Monthly Cash Benefit you will receive from the 5th Policy Anniversary for as long as the life insured is alive and while the policy is in-force. To estimate the premium amount, a Monthly Cash Benefit of $1,000 will require an investment amount of about $280,000.

This is the single premium you would like to pay for such a product. A higher single premium will mean a higher Monthly Cash Benefit. For example a Single Premium of S$200,000 will provide a lifetime Monthly Cash Benefit of around $700.  

Email Address
Handphone No.
The Life Insured of this policy is

The Monthly Cash Benefits will payout from the 5th Policy Anniversary and every month thereafter as long as the Life Insured is alive and the policy remains in-force. Once the policy is issued, the Life Insured cannot be changed. 

First Name of Life Insured
Last Name of Life Insured
Date of Birth Life Insured
Gender of Life Insured
Smoker Status of the Life Insured

About the Policyowner

The Policyowner of this policy is

As you are applying for this product for your Grandchild, the Policyowner at issuance can be your Child (i.e. Mother or Father to your Grandchild) or your Grandchild (if he/she is at least age 19 and above). We will arrange for an assignment of the policy to yourself, which transfers the ownership rights of the policy to you. You can also be the Payor of the policy. The Monthly Cash Benefits will be paid to the Assigned Owner (i.e. yourself) from the 5th Policy Anniversary and every month thereafter as long as the Life Insured is alive. The Assigned Owner can be changed at any point over the policy term and the policy can be assigned back to your Child or to your Grandchild. There are no restrictions on the number of Policyowner changes that can be effected.

The Policyowner of this policy is

The Monthly Cash Benefits will be received by the Policyowner from the 5th Policy Anniversary and every month thereafter as long as the Life Insured is alive. The Policyowner can be changed at any point over the policy term and the policy can be assigned back to your Child or to your Grandchild. There are no restrictions on the number of Policyowner changes that can be effected.

Full Name of Policyowner
Date of Birth Policyowner
Gender
Smoker Status of Policyowner

About You

Do you want the policy to be assigned to you?
Are you the Payor of the Policy?

By choosing to assign the policy to yourself, you will receive the Monthly Cash Benefit once it starts paying out after Policy Year 5. 

Full Name
Date of Birth
Do you smoke?
Where did you hear about us?
Enter your friend's Referral Code or email address

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Agreement

 

Key features for Our Top 2 Legacy Retirement Products
NTUC Income: Wealth Solitaire & China Taiping: Infinite Harvest II

cash benefit

 

Up to 4.2% p.a. cash benefit after Year 5.

pass on generations

 

Pass on cash benefit to future generations

capital guaranteed

 

Highest guaranteed cash benefit

Single Premium & Guaranteed acceptance

 

Single Premium & Guaranteed acceptance

InsureDIY mobile application

 

Online application

Why Apply for  
Wealth Solitaire or Infinite Harvest II

 

Wouldn't it be nice to have a growing asset that gives you both liquidity and the ability to gift lifelong income to your next generation?

If you are looking to secure your income in your retirement and pass on lifelong income to your children/grandchildren, you can consider NTUC Income's Wealth Solitaire or China Taiping's Infinite Harvest II. Why these products are great:

  • Cash benefits of up to 4.2% p.a. of your single premium after Year 5
  • Highest guaranteed cash benefit in the market
  • Choice to receive the monthly payout or accumulate it with the insurer at the prevailing non-guaranteed interest rate
  • Pass on this lifelong income to the next generation. Maximise the payouts!

Check out our side by side comparison below and then get started by getting a quote above!

Apply now and enjoy our special InsureDIY promotion! Get up to $500 cashback on your application. Valid for successful applications up to 30 Jun 2021.

Wealth Solitaire & Infinite Harvest II

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

Features

SG Logo INCOME

Wealth Solitaire

10 SG Logo ChinaTaiping

Infinite Harvest II

Expected cashback after Year 5

4.2% p.a. of Single Premium

(1.56% p.a. guaranteed + 2.64% p.a. non-guaranteed)

4.2% p.a. of Single Premium

(1.58% p.a. guaranteed + 2.62% p.a. non-guaranteed)

Potential for Capital Back on Surrender

Yes, including non-guaranteed benefits

Yes, including non-guaranteed benefits

Guaranteed Surrender Value

Flat at: 80% Single Premium

Day 1: 80% Single Premium, keeps growing every year.

Policy Term 

 Up to Age 100

Whole of Life

Leave a legacy of Lifelong Income to future generations

Transfer policy ownership to your child to continue to receive the cash benefits.

Transfer policy ownership to your child to continue to receive the cash benefits.

Maturity Benefit

105% of Single Premium + Terminal Bonus

Not applicable as policy pays out monthly cash benefit for life

Redeposit Facility

Yes, prevailing interest rate is 3.25% p.a. 

Yes, prevailing interest rate is 3.5% p.a.

Others

 Special cash benefits payable at policy year 21 and policy year 31.  

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Downloads

Wealth Solitaire brochure

Infinite Harvest II brochure

 

Exclusive InsureDIY Promotion

Get up to $500 cashback on your policy! Valid for sucessful applications up to 30 Jun 2021.

Single Premium Cash Rebate / DIY Points
$300,000 and above $500
$100,000 to $299,999 $250


You can now also use your existing DIY$ to get cash rebates on Wealth Solitaire and Infinite Harvest II and get 25% boost up on your points!

Redeemable Cash Rebate
DIY$8 $10
DIY$40 $50
DIY$80 $100

Referral Programme

Wealth Solitaire and Infinite Harvest II are also eligible for the Refer a Friend programme. Refer your friends and family for Wealth Solitaire or Infinite Harvest II and get DIY$10 for each referral.

DIY$ can be exchanged for vouchers including InsureDIY vouchers, NTUC Fairprice and Cold Storage vouchers. Check out our rewards catalogue here.

How to refer:
Simply ask your friend to select "Referral" during the application process and key in your email address or referral code when they apply for Wealth Solitaire or Infinite Harvest II. 

Referral Reward
DIY$10 each

* Only applicable if your friend has not bought any insurance policy through InsureDIY before. DIY$ will only be awarded after your friend's free-look period. 

Here are some common questions about 

Wealth Solitaire and Infinite Harvest II

1. Can the Monthly Cash Benefit be accumulated with the company to accumulate interest?

The plan is designed to pay out the MCB. However, the policy owner may choose to accumulate the Monthly Cash Benefit with the respective insurers at a non-guaranteed interest rate. China Taiping's current non-guaranteed interest rate is 3.5% p.a. while NTUC Income's current non-guaranteed interest rate is 3.25% p.a..

 

2. Can the policy owner request to change the Monthly Cash Benefit from a paid-out option to accumulated option and vice versa after the policy is incepted?

Yes, the policy owner may request to change the paid-out option to accumulated option anytime during the payout period and vice versa.

 

3. Can the accumulated Monthly Cash Benefit be withdrawn at any time?

Yes. Partial or full withdrawal of the accumulated Monthly Cash Benefit is allowed at anytime during the policy term.

 

4. Does the policy owner need to provide proof of survivorship on the life insured to receive the Monthly Cash Benefit?

The insurer reserves the right from time-to-time to request for satisfactory proof that the life insured is alive before paying the Monthly Cash Benefit.

 

5. What happens if the insuerer is not notified immediately of the life insured’s death and continues to pay out the Monthly Cash Benefit?

Any Monthly Cash Benefit paid on or after the date of the life insured’s death will be deducted from the death benefit proceeds

 

6. Can I change the Life Insured?

No, once the policy is incepted, the Life Insured cannot be changed. 

 

7. What is the purpose of appointing different Policy Owners and is there a limit to the number of times the Policy Owner can be changed?

The Policy Owner will be the person receiving the Monthly Cash Benefits. No, there is no limit to the number of times the Policy Owner can be changed. 

 

8. I want to purchase this plan with the intention of passing on my legacy to my Grandchild. How can I do this? 

This can be done by setting up the policy with your Grandchild as the Life Insured and your son/daughter (your Grandchild's parent) as the Policy Owner. The policy can immediately be assigned* to yourself upon inception. This transfers the ownership rights to you and will mean that the Monthly Cash Benefits will be received by yourself. This allows you to enjoy the Monthly Cash Benefits in your retirement. 

You can also be the payor of the policy, and this will be clearly stated in the policy documents. 

The policy can be assigned back to your son/daughter at any point over the policy term, and even directly to the your Grandchild if he/she is above the age of 18. 

* Subject to T&Cs on absolute assignment. 

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.