Singlife
Secure Saver VII
3.4% p.a. 2-Year Plan
Tranche Closed - Waitlist Now
InsureDIY is a Broker licensed by the Monetary Authority of Singapore and is an Exempt Financial Adviser.
Key Features for Singlife's Secure Saver VII
3.4% p.a. Guaranteed Return
Capital Guaranteed & Protected by SDIC
Short 2-Year Maturity
Cash or SRS
Easy Online
Application through
InsureDIY
Why Apply for Singlife Secure Saver VII
If you’re looking for a low-risk investment to grow your savings or SRS funds, you might want to consider Singlife Secure Saver VII. With a high guaranteed return at 3.4% p.a., Secure Saver is one of the more popular endowment plans in Singapore.
Singlife Secure Saver is also one of the few short-term endowment plans that lets you invest using your SRS funds.
As this is a small tranche, please apply as soon as possible. A minimum single premium of S$50,000 applies. We do not guarantee any allocation. Issuance of your policy will depend on when you complete the application and when your premium is paid.
Singlife Secure Saver VII Details
Singlife Secure Saver is a Single-Premium, Short-Term Endowment Plan with Guaranteed Returns of 3.4% p.a. With high guaranteed returns, you will get a lump sum maturity benefit, less any monies owning to Singlife, in just 2 years. You can even utilise your SRS funds to invest in Secure Saver VII!
Commonly Asked Questions about Singlife Secure Saver VII
1. Who is suitable for Singlife Secure Saver VII?
Singlife Secure Saver VII is suitable for individuals looking for short-term investment with guaranteed returns and capital protection, especially if they would like to utilise their SRS funds.
2. What are the benefits covered under Singlife Secure Saver VII?
Singlife Secure Saver VII provides life protection of 105% of your single premium, less any monies owning to Singlife.
3. What are the minimum and maximum ages for Singlife Secure Saver VII?
If you are investing in Singlife Secure Saver VII with cash, the life assured can be between age 1 to 75 (next birthday).
If you are investing in Singlife Secure Saver VII with your SRS funds, the insured must be between 19 to 75 (next birthday).
4. What are the acceptable source of funds for Singlife Secure Saver VII?
You can pay for the Single Premium payment using your SRS funds, or via Direct Debit, Cheque and bank draft. Credit card payments are not allowed.
* If you’re paying using SRS funds, the Policyholder has to be the Life Assured covered under this policy.
** For third-party policies, you must pay using cash.
5. Is Singlife Secure Saver VII covered by SDIC?
Yes, the coverage is subject 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.
6. Is there any medical requirements for Singlife Secure Saver VII?
No medical examination is needed, it’s a guaranteed acceptance!
7. Is there any additional requirements at Point-of-Sale?
For SGD 250,000 and above, Enhanced Customer Due Diligence Questionnaire is required, along with evidence to support the source of wealth declared.
Information accurate as at 22nd July 2024. 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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