Singapore Life Insurance Reviews and Comparison - Seedly
Singapore Life Insurance
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  • Posted on 24 Jun 2019
    I have their term life insurance. Sign up during promo period for 15% perpetual discount. Good they have a steps tracking activity. If you clock enough steps, you get a 5% discount on the month's premium. Another 5% if you share the posting on facebook. Very easy online sign up process.
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About Singapore Life Insurance
Product NameSingLife Term Life
Sum AssuredS$410,000 to S$5mil (up to S$2m non-medical limit)
Term DurationBetween 1 year till up to age 99
RidersAccelerated Critical Illness, Accelerated Total and Permanent Disability
Sign-Up Linkhttps://singlife.com/term-life insurance/

About Singapore Life

Singapore Life 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. Singapore Life 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.

 

What Singapore Life Offers:

Singapore Life’s products can be purchased directly online or through one of their partner Independent Financial Advisory Firms. To view the list of distribution partners, click here.

About Their Products:

1) Term Life

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

You can check it out here: http://bit.ly/term-life

 

2) DIRECT-Term 

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

You can check it out here: http://bit.ly/term-life

 

3) 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:

  • Critical Illness Plan
  • Multi-claim Critical Illness Plan
  • Step-up Critical Illness Plan

You can check it out here: http://bit.ly/critical-illness

4) Endowment

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.

You can check it out here: http://bit.ly/endowment-plan