Lifetime Income Plan Overview
A Lifetime Income Plan ensures financial security across generations by providing a steady income stream. This product supports retirement while creating Three-Generational Payout structure, allowing wealth to be passed down efficiently. By covering essential expenses, healthcare, and future family needs, it reduces financial burdens and preserves a lasting Legacy. With strategic wealth transfer and tax-efficient planning, a lifetime income plan secures long-term stability and empowers future generations.
Generational
Secure your legacy with a Lifetime Income Plan, ensuring future generations receive a steady income stream and a valuable lump sum for long-term financial stability
Principal Guaranteed
Ensure your principal is fully guaranteed starting from as early as the 31st month, while enjoying a steady income payout for life. Surrender and Stop anytime
Lifetime Income
Enjoy a guaranteed lifetime income to cover essential expenses like healthcare, transportation, and entertainment, all without drawing down from your principal
Lifetime Income Plan F.A.Q
Find answers to commonly asked questions about Lifetime Income Plan in Singapore
You can get a lifetime income plan on your child’s life 30 days after he/she is born.
As a parent, you can purchase the plan in your child’s name, ensuring you receive income during your lifetime. Through a will, you seamlessly transfer policy ownership to your child, allowing them to continue receiving income. Upon your child’s passing, a lump sum payout is secured for your grandchildren, creating a lasting financial legacy.
Yes, the plan does not deplete your principal. It provides payouts as part of the annual bonus declaration, similar to receiving a dividend, while ensuring your principal is fully or partially guaranteed starting from a specific year.
You might suffer a loss of principal if the termination comes early on during the contract. Some of the plans here provide principal guaranteed from as early as the 31st month onwards, hence if you terminate beyond that time period, you will receive back your full principal.
After our insurance experts contact you via your form submission to clarify your needs and guide you through your options. You can then apply Lifetime Income plan with them via online or face to face submission. Premium payments can be made via credit card (recurring setup), GIRO, AXS (physical stations, website, or app), or bank transfer through online banking