, Singapore
453 views
Photo by Tristan Le on Pexels

Singlife unveils life insurance plan without lifelong premium commitment

It offers a coverage plan until the age of 99. 

Singlife announced the launch of their Elite Term II (Limited Pay), a life insurance plan designed for people seeking financial protection without lifelong premium commitments.

“Offering coverage until age 99, the plan also serves as a legacy tool to ensure that loved ones are well taken care of upon the life assured’s passing,” said Helen Shen, group head of Life and Health, Singlife.

Singlife Elite Term II will offer a longevity reward where policyholders receive 100% of the total base plan premiums upon reaching the end of the coverage term. 

A surrender benefit is also available in case the policyholder decide to surrender their policy from the third policy year.

Join Singapore Business Review community

Follow the link for more news on

Join Singapore Business Review community
A NOTE FROM SINGAPORE BUSINESS REVIEW

Reaching the people who run Asia's businesses is harder than it used to be.

Inboxes are crowded. Attention is short. The executives you most want to reach — the founders, CFOs, and operators who actually move budgets — are the hardest to find through the usual channels. If you're building a company, a category, or a reputation, you already know this.

We've spent twenty years building the room they read. Singapore Business Review is where senior decision makers in Singapore and across Southeast Asia come for business coverage they can't get elsewhere — in print, online, and in person at the summits and roundtables we host across seven markets.

If you have something these readers should know about — a point of view worth publishing, a product worth their attention, an event worth their time — we'd like to hear what you're trying to do.