Smart retirement planning today. Rewarding comfort for life.
What is TM Retirement GIO?
It is a limited pay, participating whole life plan which provides annual Cash Benefits for as long as you live, starting from the selected payout age which comprises of a guaranteed amount (2% of the sum assured1) and a non-guaranteed annual dividend (3.8%2 of the sum assured)
Death coverage is provided
Premium Payment Terms available: 5, 10 or 15 years
Payout Ages available: age 55, 60 or 65
Guaranteed acceptance (no medical underwriting is required)
Note: 1 The sum assured in the plan is a notional value and is used purely for the purpose of determining the Cash Benefit and dividend. It does not represent the amount to be payable in the event of death. 2 These dividends are based on a projected investment rate of return of 4.75% p.a. on the Participating Fund. As these dividends are not guaranteed, the actual amount payable may vary according to the future performance of the Participating Fund.
Why is this important to you?
You will receive an annual retirement income in the form of Cash Benefits1 to let you live your retirement as you have planned.
You will receive 100% of your Total Annual Premiums2 paid in the form of a guaranteed surrender value once the policy starts disbursing Cash Benefits at your selected payout age.
Note: 1 The Cash Benefit consists of a guaranteed amount equivalent to 2% of the sum assured and a non-guaranteed dividend equivalent to 3.8% of the sum assured. These dividends are based on a projected investment rate of return of 4.75% p.a. on the Participating Fund. As these dividends are not guaranteed, the actual amount payable may vary according to the future performance of the Participating Fund. 2 It means the total annual premiums paid for the basic plan, even if the premium mode is monthly, quarterly or half-yearly, excluding any premium loadings and interest paid for loans and reinstatement (if applicable) under the policy.
This is suitable if you want
A lifetime income during your retirement years
A hassle-free application without medical underwriting
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.