1. Upon maturity, we will pay the sum insured, accumulated reversionary bonuses (if any) and a non-guaranteed terminal bonus (if any), less amounts owing to us (if any).

2. There are 2 types of bonuses – reversionary and terminal. The bonuses are not guaranteed, and the actual amount payable may vary depending on the future performance of the participating fund. Reversionary bonuses may be declared and added to the policy starting from the end of the second policy year. Once the bonus is declared and allocated, it will form part of the guaranteed benefits of your policy. The one-off terminal bonus is a percentage of the accumulated reversionary bonuses. It may be payable upon the death of the life insured, surrender or maturity of the policy (where applicable), whichever is the earliest.

3. The capital guarantee is derived based on yearly premium mode; and if all yearly premiums due on the policy have been paid before the end of the grace period. Capital guarantee applies to the basic plan only.

4. The policy term must be at least 3 years longer than the selected premium payment term.

5. In the event of death of the life insured while the plan is in force, we will pay the sum of 101% of the total yearly premiums due to-date, accumulated reversionary bonuses (if any) and a non-guaranteed terminal bonus (if any), less amounts owing (if any), outstanding premium (if any) and future instalment premiums which are required to make up the full year’s premiums (if any).

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 (if any) may be zero or less than the total premiums paid. This advertisement is for general circulation only and does not take into account the specific investment objectives, financial situation or particular needs of any specific person. You should seek advice from a financial adviser regarding the suitability of the policy before making a commitment to purchase. In the event that you choose not to do so, you should consider whether the product in question is suitable for you. This advertisement is not a contract of insurance. Please refer to the policy contract for the exact terms and conditions, specific details and exclusions. This policy 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 Singapore or SDIC websites (www.lia.org.sg or www.sdic.org.sg). This advertisement has not been reviewed by the Monetary Authority of Singapore. Information is correct as at January 2021.