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
    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

Get it now

Important Notes

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

This plan is underwritten by Tokio Marine Life Insurance Singapore Ltd. and is only available through our authorised distributors. Kindly obtain the required product disclosures and seek advice from a financial adviser before making a commitment to purchase this plan. As buying a life insurance policy is a long-term commitment, an early termination of the policy usually involves high costs and the surrender value, if any, that is payable to you may be zero or less than the total premiums paid. It is also detrimental to replace an existing life insurance policy with a new one as the new policy may cost more or have fewer benefits at the same cost. 

For policies distributed in Singapore: 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 the coverage, where applicable, please contact us or visit the LIA 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 shown in this webpage is for reference only and is correct as at 1 Feb 2019.

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