Maximise the Returns on your

Supplementary Retirement Scheme Funds

Enjoy guaranteed yields of more than 36x SRS rates with

Aviva's MyIncomePlus

Supplementary Retirement Scheme

Email Address
Handphone No.
Guaranteed Monthly Income
First Name as in NRIC
Last Name as in NRIC
Date of Birth

I confirm that I am solely a tax resident of Singapore and do not
have a foreign tax residency. My Singapore TIN is my NRIC or FIN. I am not currently residing outside Singapore and have not resided outside Singapore for 5 or more years. For PRs: I have been residing in Singapore for 183 days or more in the last 12 months preceding the date of this application.

I am not a Politically Exposed Person (PEP). 

I am not currently applying for any other Life Insurance policies and I do not intend to replace any of my existing policies with this policy.

I would not like my dependant(s) to be taken into consideration for the needs analysis and recommendation(s).

I wish to receive product advice only and do not need my other insurance plans to be considered for needs analysis.

I am not an undischarged bankrupt.

I am the payor, applicant and the insured of this policy.

I understand that my personal data will be used and transfered to InsureDIY Pte Ltd in accordance with the Privacy Policy, although I understand that InsureDIY Pte Ltd acknowledges that I may opt out of the use of my personal data for direct marketing purposes by indicating as such to

InsureDIY Pte Ltd and its affiliated companies would like to send me information on relevant products and services that may be of interest to me. Often, InsureDIY Pte Ltd or its affiliated companies are able to notify me on promotional prices that will give me good value. I agree to InsureDIY Pte Ltd and their affiliated companies using my personal data (email, telephone number and postal address) for direct marketing of products and services as set out in their Privacy Policy.

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Key features for Aviva's MyIncomePlus  

cash benefit


Earn up to 36x the guaranteed SRS return.

best SRS product


Best SRS product for guaranteed income stream.

capital guaranteed


100% Capital guaranteed at end of Policy Year 5.

Single Premium & Guaranteed acceptance


Single Premium & Guaranteed acceptance

InsureDIY mobile application


Online application

Why Apply for  
Aviva's MyIncomePlus 

If you have a Supplementary Retirement Scheme ("SRS") fund, you may want to consider investing in Aviva's MyIncomePlus to enhance your returns.

Currently, SRS Funds only earn 0.05% p.a.. This is extremely low even in today's low interest rate environment! As you will likely leave the SRS Funds in the scheme for a long time, it is worth considering investing the funds to provide you with higher returns in the long-term.

Aviva's MyIncomePlus is designed specifically to maximise your tax benefits from your SRS account.

Its features include:

  • Single premium investment from SRS is invested until retirement age
  • Regular income is received from retirement age for 10 years, maximising the 50% tax concession.
  • A choice to continue to receive regular income after that or to receive a lump sum maturity pay-out**
  • Up to 1.81% p.a. guaranteed return at maturity and over 3% p.a. expected return after including bonuses. 

MyIncomePlus provides a guaranteed return of up to 1.81% p.a. at maturity and it is 100% capital guaranteed at the end of the accumulation period (choice of 5 or 10 years). This means that the guaranteed return at maturity could be up to 36x the SRS rate!

As this is a participating plan, you can also enjoy an additional terminal bonus to your policy that will give you an even higher return.

See Aviva's MyIncomePlus brochure here

Supplementary Retirement Scheme Funds Pot Plants

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 and get 25% boost up on your points!

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

Referral Programme

MyIncomePlus is eligible for the Refer a Friend programme. Refer your friends and family for MyIncomePlus today 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 i-Secure here. 

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 

Aviva's MyIncomePlus 

1. How is MyIncomePlus different to stock, exchange-traded funds (ETFs) and real estate investment trusts (REITs)?

MyIncomePlus is capital guaranteed and offers guaranteed returns. This is unlike stocks, ETFs and REITs where your capital can be wiped out by market movements. On top of the guaranteed returns, MyIncomePlus provides additional non-guaranteed returns. Once the insurer declares the bonus each year, this bonus is locked-in and cannot be taken away.


2. When can I start withdrawing from my SRS account without penalty?
You can make withdrawals after the statutory retirement age based on when your first SRS contribution was made.


3. What does the 50% tax concession mean?

After your retirement age, you can start withdrawing from your SRS account for a period of 10 years. Only 50% of the funds withdrawn are subject to income tax. As income up to $20,000 attract no income tax in Singapore, you can withdraw up to $40,000 SRS funds ($20,000 x 2) per year without having to pay any tax. This means that you can withdraw up to $400,000 tax-free over 10 years!

The guaranteed monthly income from MyIncomePlus could be completely tax free if the monthly income does not exceed $3,333 per month. ($40,000 over 12 months)

* Based on a 41 year old Male Non-Smoker.

** MyIncomePlus is not classified as a life annuity. So the 50% tax concession after 10 years will not apply. However, if your withdrawals (and other income) continue to be below the lowest income tax bracket, you will enjoy withdrawals tax free.

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.