Prestige Legacy II

Preserving Your Wealth For Future Generations
Over the years, you have achieved success and accumulated wealth. Your priority now is to ensure your wealth and assets remain protected for your future generations, while you enjoy the lifestyle you have worked hard to attain.

Specially designed to cater to your financial and estate planning needs, Prestige Legacy II is a whole life non-participating single premium universal life plan denominated in US dollars¹ that provides high insurance coverage² and the opportunity for cash value accumulation. Let Prestige Legacy II be the solution in meeting your wealth preservation and wealth distribution objectives today.

Create an Immediate Estate effectively
This non-maturing policy provides you with high insurance coverage, giving you the assurance of a whole life death benefit.

If death occurs	Benefits payable
Before the policy anniversary immediately following the Life Assured's 121st birthday.	The higher of Sum Assured or Account Value3 after deducting any outstanding loans with accrued interest is payable.
On or after the policy anniversary immediately following the Life Assured's 121st birthday.	The Account Value (provided it is greater than zero) after deducting any outstanding loans with accrued interest is payable.

Accrue Interest Daily
Your premiums will accrue interest daily, after deducting the relevant sales charge and expense charge⁴ and monthly insurance charge. Your Account Value will grow at a minimum guaranteed crediting rate of 3% p.a. for the single premium placement and 1% p.a. for the single premium additions (if any). The actual crediting rates in Prestige Legacy II will be determined by the company but it will not be lower than the guaranteed crediting rates.

Enjoy a Non-Lapse Guarantee Benefit⁵
You will continue to enjoy attractive insurance coverage even if the Account Value drops to zero if the Non-Lapse Guarantee benefit is intact.

Prestige Legacy II - Crediting Rate
For the Prestige Legacy II, one unique feature is the crediting rate that will enhance the Account Value^# of your policy.

Please see the table below for the current crediting rates:

	Crediting Rates
New Rate+	4% p.a.
General Rate^	4% p.a.

Note:
^# Account Value is the total value of the New Money Value and the General Total Value under this policy.
⁺ New Rate refers to the crediting rate which applies to the New Money Value, and the New Rate will be at least 3% p.a.
^{^} General Rate refers to the crediting rate which applies to the General Total Value, and the General Rate will be at least 1% p.a.

Estate Distribution - How Prestige Legacy II works for you
You are a business owner with two children and are looking to distribute your assets equally between them. To ensure equitable distribution of estate, you purchase a USD2.0 million sum assured under Prestige Legacy II with a single premium of USD0.5 million⁶. The overall value of your estate is potentially enhanced by 14% from USD10.5 million to USD12.0 million allowing an equal distribution of your estate to both your children, each receiving USD6.0 million.

In USD (million)	Estate after purchase of Prestige Legacy	Distribution of estate upon death
		Child inheriting your business	Child not inheriting your business
Cash	4.5	-	4.0
Insurance Premium	(0.5)	-	-
Business	6.0	6.0	-
Insurance Payout upon Death	2.0	-	2.0
Total Estate	12.0	6.0	6.0

Retirement Planning - How Prestige Legacy II works for you
You plan to leave an estate of USD8.0 million for your children. You purchase a USD2.0 million sum assured under Prestige Legacy II with a single premium of USD0.5 million⁶, and this can potentially increase your retirement spending by 60% from USD2.5 million to USD4.0 million without affecting the amount set aside as inheritance for your family.

In USD (million)	Current Estate before purchase of Prestige Legacy	Estate after purchase of Prestige Legacy
Retirement Funds	2.5	4.5
Insurance Premium	-	(0.5)
Total Retirement Funds	2.5	4.0
Assets set aside for your family	8.0	6.0
Insurance Payout upon Death	-	2.0
Total Estate for Family	8.0	8.0
Total Retirement Funds and Estate	10.5	12.0

Additional Notes:

1. As Prestige Legacy II is a US dollar plan, the Singapore dollar return on this plan will depend on prevailing exchange rates which may be highly volatile. Please note that Prestige Legacy II is not a fixed deposit or equivalent to a fixed deposit.
2. The standard monthly insurance charge will be deducted from the Account Value and will vary according to the Net Sum Assured (defined as Sum Assured less Account Value) and Life Assured's gender, smoker status, country of residency at inception, age next birthday at the policy anniversary prior to the deduction date at the beginning of each policy month.
3. Account Value is the sum of the single premium and any single premium additions less deductions and any withdrawals plus accrued interest.
4. The sales and expense charge is 17.75% of single premium and 8% of single premium additions.
5. Non-Lapse Guarantee benefit is valid until the policy anniversary on which the Life Assured's age next birthday is 101 years, provided that no partial withdrawals are made on the New Money Value and outstanding policy loan plus accrued interest is less than Account Value. New Money Value is the single premium less deductions and any withdrawals plus accrued interest.
6. In all illustrations, the sum assured is based on a non-smoker male, aged 40 on his next birthday, Region A (Standard Life). Premium has been rounded up to the nearest half a million. Actual premium is USD469,920. The actual sum assured and premiums are subject to financial and medical underwriting.

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This brochure is for general information only. It is not a contract of insurance. The precise terms and conditions of this insurance plan are specified in the policy contract. Buying a life insurance policy is a long-term commitment. An early termination of the policy usually involves high costs and the surrender value payable may be less than the total premiums paid.

Policy Owners' Protection Scheme
This plan is protected under the Policy Owners' Protection Scheme which is administered by the Singapore Deposit Insurance Corporation (SDIC). Coverage for your policy is automatic and no further action is required from you. For more information on the types of benefits that are covered under the scheme as well as the limits of coverage, where applicable, please contact us or visit the Life Insurance Association (LIA) or SDIC websites (www.lia.org.sg or www.sdic.org.sg)