Prime Rewards

* Maximum entry age of 70 years is only available to Prime Rewards (5+10).

^† Only applicable to Prime Rewards (5+10).

^‡ Only applicable to Prime Rewards (5+10) with single premium of S$50,000 or more.

^ǁ In Illustration 1, (5+10) refers to 5 years of accumulation period and 10 years of payout period. In Illustration 2, (3+17) refers to 3 years of accumulation period and 17 years of payout period.

^§ The figure comprises of guaranteed and non-guaranteed benefits. The non-guaranteed benefit is illustrated based on assumption that the illustrated investment rate of return of the participating fund is at 4.5% p.a. and the cash bonus accumulation rate is at 3% p.a.

At 3% p.a. illustrated investment rate of return and cash bonus accumulation rate of 1.5% p.a.:

In Scenario 1, the guaranteed cashback is S$10,500 per year and the non-guaranteed cash bonus is S$1,590 per year. The total cashback + cash bonus that Peter receives over the course of the policy is S$120,900.

In Scenario 2, the total amount that Peter receives when the policy matures is S$129,395, of which S$101,878 is guaranteed.

As the bonus rates used for the benefits illustrated are not guaranteed, the actual benefits payable will vary according to the future experience of the Participating Fund. 

^¶ The figure comprises of guaranteed and non-guaranteed benefits. The non-guaranteed benefit is illustrated based on assumption that the illustrated investment rate of return of the participating fund is at 4.75% p.a and the cash bonus accumulation rate is at 3% p.a.

At 3.25% p.a. illustrated investment rate of return and cash bonus accumulation rate of 1.5% p.a.:

In Scenario 1, the guaranteed cashback is S$6,500 per year and the non-guaranteed cash bonus is S$1,090 per year. The total cashback + cash bonus that Sophia receives over the course of the policy is S$129,030.

In Scenario 2, the total amount that Sophia receives when the policy matures is S$145,737, of which S$118,308 is guaranteed.

As the bonus rates used for the benefits illustrated are not guaranteed, the actual benefits payable will vary according to the future experience of the Participating Fund.

¹ Based on prevailing interest rate of 3% p.a. This rate is not guaranteedand can be changed from time to time.

² Coverage for Presumptive Total and Permanent Disability (TPD) is for the whole of the policy term, while coverage for other forms of TPD is till the policy anniversary on which the life assured is age 65.

Presumptive TPD refers to a state of incapacity which is total and permanent and takes the form of:

i) total and irrecoverable loss of sight in both eyes; or

ii) total and irrecoverable loss of use of two limbs at or above the wrist or ankle; or  

iii) total and irrecoverable loss of sight in one eye, and total and irrecoverable loss of use of one limb at or above the wrist or ankle.

Please refer to the product summary for details on other forms of TPD.

³ Activities of Daily Living (ADLs) are: washing, dressing, feeding, toileting, mobility and transferring.