Prestige Life Rewards Series
Prestige Life Rewards Series | Single Premium Wealth Accumulation Plans
Build a lasting legacy of generational wealth
Empowering you to attain your financial aspirations and establishing a lasting legacy for the future generations, the Prestige Life Rewards Series of plans safeguards the wealth you've built over the years. This ensures that you and your family can envisage a future of success and fulfilment.
Choose from two of our whole of life participating plans, available in Singapore Dollar and enjoy lifetime monthly payouts from as early as the 3rd policy year or from the 5th policy year with a potentially higher policy value.
In addition, all plans are tailored to cover you against death and terminal illness for life. You can be confident that your wealth is secured and is preserved for your future generations should the unfortunate happen.
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Key benefits
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One-time commitment for a lifetime of payouts and a lasting legacy
With a single premium payment, you can grow your wealth and receive monthly payouts for life. When the time is right, you can transfer the policy ownership to your child to continue receiving the monthly payouts and support their future.
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Enjoy early payouts for your desired lifestyle
With Prestige Life Rewards 5 (SGD), receive total monthly payouts of up to 3.35% per annum1 of the single premium paid, starting from the 3rd policy year.
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Your choice for a potentially higher inheritance amount
With Prestige Life Rewards 5A (SGD), receive total monthly payouts of up to 3.00% per annum2 of the single premium paid, starting from the 5th policy year.
Through a longer accumulation period before the first payout, enjoy a potentially higher policy value to be passed down to your loved ones as an inheritance.
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Support your changing financial needs
As we prioritise your financial flexibility, we’ve made sure that with whichever plan you have chosen, you can enjoy liquidity via a guaranteed surrender value of 80% of the single premium paid from day one.
How Prestige Life Rewards 5 (SGD) helps you achieve greater liquidity with lifetime payouts from the 3rd policy year
Your questions answered
The Prestige Life Rewards Series offers 2 single premium, participating whole of life insurance plans that provide lifetime monthly payouts and financial protection against death and terminal illness. Prestige Life Rewards 5 (SGD) offers monthly payouts starting from the 3rd policy year.
Prestige Life Rewards 5A (SGD) provides the potential for a higher policy value over time through a longer accumulation period before the first payout which starts from the 5th policy year.
The Prestige Life Rewards Series provides financial protection against death and terminal illness.
| Coverage | Prestige Life Rewards 5 (SGD) | Prestige Life Rewards 5A (SGD) | |
| Death Benefit | For life assured’s entry age next birthday 1 to 75: 105% of Single Premium + non-guaranteed bonus (if any), less any debt For life assured’s entry age next birthday 76 to 80: 101% of Single Premium + non-guaranteed bonus (if any), less any debt | 105% of Single Premium + non-guaranteed bonus (if any), less any debt | |
| Terminal Illness Benefit | Accelerates from Death Benefit | ||
The plan will terminate once any of the benefits above are paid. For other detailed terms and conditions on termination, you are advised to read the policy contract.
We will provide a payout at the end of each policy month until a claim is admitted, or the plan is terminated, whichever is earlier. When the payout starts depends on the plan selected.
| Prestige Life Rewards 5 (SGD) | Prestige Life Rewards 5A (SGD) | ||
| First Payout Starts | Start of 3rd policy year | Start of 5th policy year | |
| Annual payout expressed as % of Single Premium | Guaranteed | 1.25% p.a. | 1.25% p.a. |
| Non-Guaranteed* | Up to 2.10% p.a. | Up to 1.75% p.a. | |
| Total | 3.35% p.a. | 3.00% p.a. | |
*Based on an Illustrated Investment Rate of Return (IIRR) of 4.25% p.a.. Based on an IIRR of 3.00% p.a., the non-guaranteed payout is up to 1.09% p.a. for Prestige Life Rewards 5 (SGD) and up to 0.88% p.a. for Prestige Life Rewards 5A (SGD).
You may withdraw these payouts or keep them with us to earn non-guaranteed interest. Please note that the non-guaranteed interest is subject to change without prior notice. If there is any debt attached to the policy at the time we are due to pay the payouts, we will first use these payouts to reduce any debt you have with us before the balance amount is paid.
This plan provides both guaranteed and non-guaranteed benefits. The guaranteed benefits, including bonuses which have already been declared, will be paid regardless of how the participating fund performs. Non-guaranteed benefits are in the form of future bonuses.
The future bonuses which have yet to be declared are not guaranteed and are dependent on the performance of the participating fund.
There are two main types of bonuses for this plan:
(i) cash bonus; and
(ii) terminal bonus.
You will receive an annual bonus update that will include the following:
The performance of the participating fund and its future outlook, which you should receive around the second quarter of each year after bonus is declared for your policy; and
An annual statement regarding bonuses for your policy, which you should receive around the second quarter of each year after bonus is declared for your policy.
When there is a change in the rate of bonuses declared, you can ask us for an update of the illustrated values.
If you surrender your policy after the 14-day free-look period, you may lose part or all of the premiums paid. This is because the surrender value, if any, that is payable to you may be zero or less than the total premiums paid.
This plan provides guaranteed and non-guaranteed benefits. We will pay the guaranteed benefits no matter how the participating fund performs. Payment of non-guaranteed benefits is dependent on the performance of the participating fund.
For more details on Prestige Life Rewards Series, please refer to the product summary of the relevant plan. Alternatively, you may also speak to your financial representative or call us at 1800 248 2888 (9am to 5.30pm (Mon- Fri).
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Understand the details before buying
1 Applicable to Prestige Life Rewards 5 (SGD), based on an Illustrated Investment Rate of Return (IIRR) of the participating fund at 4.25% p.a., the guaranteed monthly payout is 1.25% p.a. and the non-guaranteed monthly payout is up to 2.10% p.a.. At an IIRR of 3.00%p.a., the non-guaranteed monthly payout is up to 1.09% p.a. of the single premium paid.
2 Applicable to Prestige Life Rewards 5A (SGD), based on an IIRR of the participating fund at 4.25% p.a., the guaranteed monthly payout is 1.25% p.a. and the non-guaranteed monthly payout is up to 1.75% p.a.. At an IIRR of 3.00% p.a., the non-guaranteed monthly payout is up to 0.88% p.a. of the single premium paid.
All figures in the above illustration are in Singapore Dollars based on an IIRR of the participating fund at 4.25% p.a. and are subject to rounding.
* The figure comprises guaranteed and non-guaranteed benefits. Based on an IIRR at 3.00% p.a., the monthly payout received by Walter is S$585, the total monthly payouts received by Walter at age 65 is S$161,621, and the total monthly payouts received by Chloe from age 30 to age 85 is S$386,485. The two generations have received a total payout of S$548,106.
† The figure comprises total guaranteed and non-guaranteed surrender value plus remaining declared but unpaid cash bonus. Based on an IIRR at 3.00% p.a., the lump sum benefit received by Walter upon surrender is S$276,322.
‡ The total death benefit received by Chloe’s family includes total guaranteed and non-guaranteed death benefit. Based on an IIRR at 3.00% p.a., the total death benefit received by Chloe’s family is S$390,024.
§ Based on an IIRR at 3.00% p.a., the total benefits received by Walter, Chloe and her family is S$938,130 (3.12x of single premium paid) if Walter transfers his policy ownership to Chloe at age 65.
As the bonus rates used for the benefits illustrated are not guaranteed, the actual benefits payable may vary according to the future experience of the participating fund.
All ages specified refer to age next birthday.
This advertisement has not been reviewed by the Monetary Authority of Singapore.
The above 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.
As buying a life insurance policy is a long-term commitment, an early termination of the policy usually involves high costs and the surrender value, if any, that is payable to you may be zero or less than the total premiums paid.
These policies are 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).
In case of discrepancy between the English and the Chinese versions, the English version shall prevail.
Information correct as at 8 January 2026.