What does SDIC protect you on insurance savings plan? Is it possible for the conpany to not give back your principal for any reason?

In Singapore, owners of life and general Insurance policies issued by insurers registered by MAS are protected under the Policy Owner's Protection Scheme (PPF). Policy owners can be individuals or entities (e.g. companies).

However, the protection amount is subject to certain limits based on the type of policies.

Generally, for individual life and voluntary group life policies, there is a cap of $500,000 for aggregated guaranteed sum assured & $100,000 for aggregated guaranteed surrender value per life assured per insurer.
You can refer to the SDIC page for a list of the entitlement for all types of life and

Do get in touch with us if you require more assistance.

general policies.

You can refer to SDIC's website on the overview and entitlement for the Policy Owner Protection Scheme: https://www.sdic.org.sg/public/pp_overview