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Singlife Insurance offers 4 types of insurance schemes: Term Life, Direct Term, Critical Illness, and Endowment. Read more about each plan below
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Singlife is a homegrown wealth technology company in Singapore, the first since 1970 to be licensed as a life insurance company by the Monetary Authority of Singapore. The company offers digitally-enabled financial services that create a connected consumer financial journey and interface to manage, grow, and protect the wealth and financial well-being of its customers.
Singlife is backed by leading insurance, wealth management, and financial services companies including Sumitomo Life, Aflac Incorporated, Aberdeen Standard Investments, and IPGL (Holdings) Limited, standing as one of the top funded homegrown fintech companies in Singapore. It was most recently listed as one of “The World’s 100 Leading Fintech Innovators in 2018” by KPMG.
Singlife’s products can be purchased directly online or through one of their third-party Financial Advisory Firms. To view the list of distribution partners, click here.
Sum Assured: S$410,000 to S$5mil (up to S$2m non-medical limit)
Term Duration: Between 1 year till up to age 99
Riders: Accelerated Critical Illness, Accelerated Total and Permanent Disability
Sum Assured: S$50,000 to S$410,000
Term Duration: 5 years, 20 years or up to age 65
Rider: Accelerated DIRECT-Critical Illness
A plan you can custom to tailor fit your protection needs, providing financial cover for up to S$300,000.
There are 3 types of base plans:
Guaranteed returns of 2.25% p.a. for a 3 year plan & 2.38% p.a. for a 5 year plan. Invest between $5,000 to S$500,000. Available for a limited time only.