What is TM Retirement (SP)?

TM Retirement (SP) is a single premium, participating endowment plan, specially designed as a retirement funding solution to help you reach closer to your retirement goals. With this plan, you decide when you would like to start receiving your retirement payout and for how long a duration. In addition, you can also arrange to make yearly scheduled contributions via the unique Recurring Single Premium (RSP) option to increase your retirement payout amount.

Why is this important to you?

  • Single premium payment of S$10,000 to kick start your retirement savings
  • Capital guaranteed upon maturity
  • Receive guaranteed yearly cash benefits for 10 or 20years
  • Choice of payout ages starting from 63, 65 or 70
  • Enhance your cash payout through optional RSP
    Note:
    1 Applicable to payout ages of 65 and 70 only.

This is suitable if you want

  • to contribute to SRS
  • to look for a retirement product with annual payout to supplement your retirement lifestyle needs
  • a single premium commitment
  • no medical underwriting upon application

This is not suitable if you want

  • to look for high protection
  • Total and Permanent Disability (TPD) coverage
  • a regular premium commitment
  • to look for a lump sum payout upon retirement

How much would you need?

Try our calculator for an estimate

Key coverage

  • Death

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Important information

All ages mentioned in this website are based on age next birthday.

This plan is underwritten by Tokio Marine Life Insurance Singapore Ltd. All benefits and features mentioned herein are subject to terms and conditions of the policy. You must refer to the Policy Contract for the precise terms and conditions of this insurance plan. The information shown in this marketing material is for reference only and is accurate as at 8 May 2015.

Note: Buying a life insurance policy can be 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. You may wish to seek advice from a financial adviser before making a commitment to purchase the product. In the event that you choose not to seek advice from a financial adviser, you should consider whether the product in question is suitable for you.