Life Insurance - Save As I Like Plan by NTUC Income

Whether you’re saving up for your child’s education or your retirement, SAIL (Save As I Like) is a new single premium savings plan that lets you relax and look forward to a regular income for your retirement.

Please contact R.Unni at 93636316 or email runair@gmail.com for more details

Benefits at a glance

Potential returns of up to 6X†
SAIL gives you the potential of an impressive 6X† return on your initial savings when combined with bonuses that will be added to your eventual pay out.

Attractive annual income stream
At the end of the Accumulation Period, your policy will be automatically converted to give you an attractive steady stream of annual income for the next 20 years.

Save as you like
Decide when and how much you want to save. From $10,000, SAIL lets you choose the term that is appropriate for your specific financial goals. You have the flexibility of choosing to accumulate your savings from 10 years up to a maximum of 30 years, all before the age of 65.

Insurance Coverage
SAIL provides coverage for Death and Total and Permanent Disability* (TPD) during the Accumulation Period as well as the Pay Out period, giving you peace of mind while you enjoy life.

How SAIL works
For a male aged 35, with a savings term of 30 years and a fixed pay out period of 20 years, his initial savings of $50,000 could be worth $197,912 at the end of the 30-year period. This sum would then provide him with a pay out of $321,539 or $16,077 annually for the next 20 years. For more details, please refer to SAIL Printed Brochure.

Act now
Start with a minimum of $10,000, either in cash, or from your Supplementary Retirement Scheme (SRS) and look forward to regular income during your retirement.

Make SAIL work for you

† The projected return of 6 times is based on a male, age 35 with a single premium of $50,000, a 30 years savings term and 20 years fixed pay out period. The projected returns can range from 1.2 to 6 times and the yield can range from 0.63% p.a. to 4.8% p.a. depending on the length of the savings term and the performance of the Life Participating Fund. Returns are not guaranteed. For more details, please refer to the Benefit Illustration.

* Total and Permanent Disability is payable only if event occurs before age 65. Maximum total TPD benefit payable on the same life is $2 million, inclusive of other policies issued by NTUC Income. Benefit payable is subject to maximum of $1 million each year, any balance will be paid one year later.

Returns are projected based on estimated bonus rates that are not guaranteed and may vary with future performance of the Life Participating Fund.

You should seek advice from a qualified adviser if in doubt. If you choose not to, you will have to take sole responsibility to ensure that this product is appropriate for your financial needs and insurance objectives. 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 may be less than the total premiums paid.

Information is correct at time of posting. Please check with NTUC Income for subsequent updates, if any. The information provided is for general information only and not a contract of insurance. Please refer to policy document for precise terms and conditions.

Please contact R.Unni at 93636316 or email runair@gmail.com for more details