RevoSave – Product Summary
The flexible savings plan that allows you to save,
enjoy cash benefits and insures you.
Is it possible to save, spend and enjoy protection all at the same time?
RevoSave is a savings plan with a difference. It is a flexible savings plan which gives you guaranteed yearly cash benefits1, bonuses2 and insurance protection.
What’s more, for Limited Pay RevoSave (5-Pay-10), your capital is guaranteed3 upon maturity when you pay your premiums on a yearly mode.
BENEFITS AT A GLANCE
Range of premium payment terms for your savings plan
Guaranteed yearly cash benefits1 after 2 years
Earn up to 3.5% p.a.4 if you accumulate your cash benefits with us
Capital guaranteed3 upon maturity - for Limited Pay RevoSave (5-Pay-10) NEW
Learn More – RevoSave and Limited Pay RevoSave
Learn More – Limited Pay RevoSave (5-Pay-10)
1 You will start to receive 5% of your sum assured as your yearly cash benefit starting from the end of the 2nd policy year if you have paid the premiums for at least 2 years. You will continue to receive your cash benefit at subsequent policy anniversaries if the insured is still alive and your policy has not ended.
2 Bonus rates are not guaranteed and will vary according to the future performance of the Life Participating Fund.
3 Capital guarantee applies to yearly premium mode only and on the condition that the policy is held until the maturity date with no policy alterations or related transactions during the entire policy term.
4 Interest rate of 3.5% p.a. is not guaranteed. Prevailing interest rate at the point of deposit will be determined by NTUC Income.
5 You will be given guaranteed acceptance regardless of heath conditions. If any rider is attached, you will have to undergo health underwriting.
This is for general information only. You can find the usual terms and conditions of this plan at www.income.com.sg/forms/insDocument/RevoSave.pdf,
www.income.com.sg/forms/insDocument/RevoSaveLimitedPay.pdf or www.income.com.sg/forms/insDocument/RevoSaveLimitedPay5pay10.pdf. All our products are developed to benefit our customers but not all may be suitable for your specific needs. If you are unsure if this plan is suitable for you, we strongly encourage you to speak to a qualified insurance adviser. Otherwise, you may end up buying a plan that does not meet your expectations or needs. As a result, you may not be able to afford the premiums or get the insurance protection you want. Buying a life insurance plan is a long-term commitment on your part. If you cancel your plan prematurely, the cash value you receive can be substantially less than the premiums you have paid for the plan.
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 coverage, where applicable, please contact NTUC Income or visit the GIA/LIA or SDIC websites (www.gia.org.sg or www.lia.org.sg or www.sdic.org.sg).
Information is correct as of 25 August 2014