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Here’s what you get with Wealth Plus Solitaire.
Lifetime monthly cash payouts[1] starting from the end of the 4th policy year till age 120.
Get protected[2] against death and terminal illness.
Leave a legacy for your loved ones with a secondary insured[3].
Receive a maturity benefit[4] of 120% of the net single premium and a non-guaranteed terminal bonus, at the point of policy maturity when the original insured[5] reaches 120 years old.
Guaranteed acceptance regardless of your health condition.
This is how Wealth Plus Solitaire grows your wealth.
The monthly cash payouts[1] you receive can add up to 3.75% of your net single premium over a year (of which 0.864% is guaranteed and 2.886% is non-guaranteed).
Choose to spend these cash payouts as you wish or accumulate them with us at an interest rate of up to 3.00% p.a.[6].
Let us walk you through Wealth Plus Solitaire.
50 years old
Mr Wong signs up for Wealth Plus Solitaire policy with a single premium of $2 million. The policy provides him with coverage1 for death and terminal illness.
Important notes
The above figures are for illustrative purposes only and are rounded to the nearest dollar.
The non-guaranteed figures above are based on the assumption that the Life Participating Fund earns a long-term average return of 4.25% p.a.
Should the long-term average return be 3.00% p.a., the total illustrated monthly cash payout2 would be $3,8405, the total illustrated monthly cash payouts2 from age 54 to 85 would be $1,428,4805 and the death benefit would be $2,120,0001,5 when Mr Wong passes away at age 85 with no secondary insured4 appointed.
1The policy pays out 105% of the net single premium and a non-guaranteed terminal bonus in the event of the insured’s death or diagnosis of terminal illness. We will also pay any cash benefits and cash bonuses which have built up (accumulated). If a secondary insured has been appointed before the insured dies, the death or terminal illness benefit will not be paid out. Upon the death of the insured, the secondary insured becomes the insured and the policy will continue.
2If the insured survives at the end of 4 years from the policy entry date, you will start to receive cash payouts starting from the 49th policy month after the policy entry date. The monthly cash payout consists of the guaranteed monthly cash benefit and the non-guaranteed monthly cash bonus. The guaranteed monthly cash benefit is 0.072% of the net single premium, while your non-guaranteed monthly cash bonus is up to 0.2405% of your net single premium (based on the assumption that the Life Participating Fund earns a long-term average return of 4.25% per annum). Over 12 months, you would receive 0.864% of the net single premium as guaranteed cash benefit and up to 2.886% of the net single premium as a non-guaranteed cash bonus. The non-guaranteed monthly cash bonus may vary according to the future performance of the Life Participating Fund. If the Life Participating Fund earns a long-term average return of 3.00% per annum, the non-guaranteed monthly cash bonus will be up to 0.12% of the net single premium. You will continue to receive your monthly cash payout at subsequent policy months if the insured is still alive and the policy has not ended. Net single premium means the single premium amount as shown in the policy schedule, or the reduced single premium amount if a part of the policy has been cashed in earlier.
3The figures in the illustration are not guaranteed and are illustrated based on the assumption that the Life Participating Fund earns a long-term average return of 4.25% per annum in the future. Returns are illustrated based on estimated bonus rates that are not guaranteed. The actual benefit payable will vary according to the future performance of the Life Participating Fund.
4Only yourself (policyholder before the age of 65 years old), your spouse (before the age of 65 years old), or your child or ward (before the age of 18 years old) can be the secondary insured at the time of exercising this option. You can exercise this option to appoint a secondary insured no more than three times, and provided the following conditions are met:
- The premium of this policy is paid only with cash;
- No nomination of beneficiary has been made for this policy; and
- There is no change to the ownership of this policy including assignment, bankruptcy, and trust.
The secondary insured becomes the insured of this policy only upon death of the insured for the remaining policy term. The policy can only have one insured at any point of time.
5The figures in the illustration are not guaranteed and are illustrated based on the assumption that the Life Participating Fund earns a long-term average return of 3.00% per annum in the future. Returns are illustrated based on estimated bonus rates that are not guaranteed. The actual benefit payable will vary according to the future performance of the Life Participating Fund. If cash benefits and cash bonuses are accumulated with us, the interest rate will be based on 1.50% per annum and is not guaranteed. Prevailing interest rate at the point of deposit will be determined by us.
Important notes
The above figures are for illustrative purposes only and are rounded to the nearest dollar.
The non-guaranteed figures above are based on the assumption that the Life Participating Fund earns a long-term average return of 4.25% p.a.
Should the long-term average return be 3.00% p.a., the total illustrated monthly cash payout3 would be $1,9206, the illustrated maturity benefit5 is $1,360,0006 and the total illustrated monthly cash payouts3 paid during the policy term is $1,751,0406.
1 Only yourself (policyholder before the age of 65 years old), your spouse (before the age of 65 years old), or your child or ward (before the age of 18 years old) can be the secondary insured at the time of exercising this option. You can exercise this option to appoint a secondary insured no more than three times, and provided the following conditions are met:
- The premium of this policy is paid only with cash;
- No nomination of beneficiary has been made for this policy; and
- There is no change to the ownership of this policy including assignment, bankruptcy and trust.
The secondary insured becomes the insured of this policy only upon death of the insured for the remaining policy term. The policy can only have one insured at any point of time.
2 The policy pays out 105% of the net single premium and a non-guaranteed terminal bonus in the event of the insured’s death or diagnosis of terminal illness. We will also pay any cash benefits and cash bonuses which have built up (accumulated). If a secondary insured has been appointed before the insured dies, the death or terminal illness benefit will not be paid out. Upon the death of the insured, the secondary insured becomes the insured and the policy will continue.
3 If the insured survives at the end of 4 years from the policy entry date, you will start to receive cash payouts starting from the 49th policy month after the policy entry date. The monthly cash payout consists of the guaranteed monthly cash benefit and the non-guaranteed monthly cash bonus. The guaranteed monthly cash benefit is 0.072% of the net single premium, while your non-guaranteed monthly cash bonus is up to 0.2405% of your net single premium (based on the assumption that the Life Participating Fund earns a long-term average return of 4.25% per annum). Over 12 months, you would receive 0.864% of the net single premium as guaranteed cash benefit and up to 2.886% of the net single premium as non-guaranteed cash bonus. The non-guaranteed monthly cash bonus may vary according to the future performance of the Life Participating Fund. If the Life Participating Fund earns a long-term average return of 3.00% per annum, the non-guaranteed monthly cash bonus will be up to 0.12% of the net single premium. You will continue to receive your monthly cash payout at subsequent policy months if the insured is still alive and the policy has not ended. Net single premium means the single premium amount as shown in the policy schedule, or the reduced single premium amount if a part of the policy has been cashed in earlier.
4 The figures in the illustration are not guaranteed and are illustrated based on the assumption that the Life Participating Fund earns a long-term average return of 4.25% per annum in the future. Returns are illustrated based on estimated bonus rates that are not guaranteed. The actual benefit payable will vary according to the future performance of the Life Participating Fund.
5 If the insured survives at the end of the policy term, which is the anniversary immediately after the original insured’s 120th birthday, and the policy has not already ended, the policy will pay 120% of the net single premium and a non-guaranteed terminal bonus (“Maturity benefit”). We will also pay any cash benefits and cash bonuses which have built up (accumulated). The policy will end when we make this payment. We will not pay any further benefits.
6. The figures in the illustration are not guaranteed and are illustrated based on the assumption that the Life Participating Fund earns a long-term average return of 3.00% per annum in the future. Returns are illustrated based on estimated bonus rates that are not guaranteed. The actual benefit payable will vary according to the future performance of the Life Participating Fund. If cash benefits and cash bonuses are accumulated with us, the interest rate will be based on 1.50% per annum and is not guaranteed. The prevailing interest rate at the point of deposit will be determined by us.
Your policy toolkit
Eligibility and payment frequency
| Entry age | Minimum | Maximum |
| Insured | 0 | 75 |
| Policyholder | 16^ | N.A. |
^ Parents cannot take up policies on the lives of their children who are 18 years old (age last birthday) and above.
You need to make a one-time single premium payment with a minimum amount of $100,000. The maximum single premium is subject to underwriting.
Policy conditions
Your queries answered.
Wealth Plus Solitaire is a participating, single-premium whole-life plan with a policy term that lasts until the anniversary immediately after the original insured’s 120th birthday.
Cash benefits are payable each month, starting from the 49th month from the policy entry date.
This plan also provides protection against death and terminal illness of the insured during the policy term.
Yes, there is guaranteed acceptance for this plan regardless of the insured’s health condition. However, financial underwriting will be required.
If the insured dies during the term of the policy, we will pay the 105% of the net single premium and a terminal bonus.
We will also pay any cash benefits and cash bonuses which have built up.
This policy will end when we make this payment.
If you have appointed a secondary insured before the insured dies, we will not pay this benefit. Upon the death of the insured, the secondary insured becomes the insured and this policy will continue.
This policy is not valid if the insured commits suicide within one year from the cover start date.
We will refund the total premiums paid, without interest, less any amounts we have paid you, and any amount you owe us, from the cover start date.
If the insured becomes terminally ill during the term of the policy, we will pay 105% of the net single premium and a terminal bonus.
We will also pay any cash benefits and cash bonuses which have built up.
This policy will end when we make this payment.
If you have appointed a secondary insured before the insured dies, we will not pay this benefit. Upon the death of the insured, the secondary insured becomes the insured and this policy will continue.
Terminal illness, and terminally ill, means “any condition caused by illness or injury, where at the time of claim, despite all reasonable medical treatment, the insured is expected to live for no more than 12 months.”
The specialist medical practitioner treating the condition must provide supporting evidence of the condition, possible medical treatment, the prognosis after undergoing the possible medical treatment, and certify that the insured is expected to live for no more than 12 months despite all possible medical intervention. We reserve the right to appoint an independent medical specialist who is an expert in the condition to confirm the diagnosis and prognosis.
Terminal Illness in the presence of HIV infection is excluded.
We will not pay this benefit if your claim arises from:
- deliberate acts such as self-inflicted injuries, illnesses or attempted suicide;
- unlawful acts, provoked assault, or deliberate exposure to danger; or
- the effects of alcohol, drugs or any dependence.
If the insured survives at the end of four years from the policy entry date, we will pay a monthly cash benefit equivalent to 0.072% of the net single premium and we will pay the cash benefit as long as the insured is still alive and the policy has not ended. The first monthly cash benefit is payable at the start of the 49th month from the policy entry date.
We will write to you before the first cash benefit to remind you what you chose. If we do not receive your instruction from you at least 30 days before the first cash benefit is due, we will go ahead with your original wishes.
We will follow this same choice for the later cash benefits, unless you tell us your choice at least 30 days before the next cash benefit is due.
You can choose to use the cash benefit in any one of the following ways.
- Place it in a deposit account to earn interest at a rate we will set.
- Receive it as a payout.
You may appoint or remove a secondary insured before the death of the insured provided the following conditions are met:
- the premium of this policy is paid only with cash;
- no nomination of beneficiary has been made for this policy; and
- there is no change to the ownership of this policy including assignment, bankruptcy, and trust.
In the event of death of the insured, the secondary insured will become the insured of the policy and the policy continues until the death of the insured or end of the policy term, whichever happens first.
Any premium payments shall continue to be payable.
The policy can only have one insured at any point of time.
The secondary insured must be you (before the age of 65 years old), your spouse (before the age of 65 years old), or your child or ward (before the age of 18 years old) at the time of exercising this option.
You can exercise this option to appoint a secondary insured no more than three times.
Yes, cash value is available after the single premium is paid.
Yes, this policy is eligible for bonuses after the end of the fourth policy year. There are two types of bonuses:
1. “Terminal” bonus is an extra bonus that we pay at the time of claim, surrender or maturity.
2. “Cash” bonus is added on top of each cash benefit.
Bonuses are not guaranteed. They are recommended by our Appointed Actuary and approved by our Board of Directors.
Bonus pay-outs to policyholders are primarily influenced by the performance of the Life Participating Fund (Par Fund). The Fund’s performance is predominantly driven by factors such as the investment returns of the Par Fund, its expenses and claims experience. Aligned to industry practice, Income is safeguarding policyholders’ interest by allocating 90% of Par Fund surpluses to them. This means for every $9 distributed to policyholders, only a maximum of $1 is allocated to shareholders.
If the insured survives at the end of the policy term, which is to the anniversary immediately after the original insured’s 120th birthday, and the policy has not already ended, we will pay 120% of the net single premium and a terminal bonus.
We will also pay any cash benefits and cash bonuses which have built up.
This policy will end when we make this payment.
| Minimum | Maximum | |
| Insured | 0 | 75 |
| Policyholder | 16* | N.A. |
*Parents cannot be the policyholder on their child who are 18 years old (age last birthday) and above at the point of application.
The minimum single premium is S$100,000 and the maximum single premium is S$10,000,000.
No, you can only use cash to buy this policy.
Backdating is allowed if all of the following conditions are met:
i. The backdating is for a traditional individual (savings or protection) life policy paying regular premium or single premium. Backdating for investment-linked policy and annuity policy is not allowed;
ii. The backdating results in a lower premium or better protection value / policy payouts due to a lower entry age; and
iii. The policy is backdated to a date up to one day before the Insured’s last birthday and it must be within 6 months from date of receipt of application by Income.
iv. Backdating of policy to a date before the launch date of the main plan or rider is not allowed.
No, you cannot increase or decrease your single premium after policy is incepted.
Yes, we may grant the loan from this policy depending on our terms and conditions.
We will take all loans and their interest from any amount we may be due to pay under this policy. If at any time the amount of the loans and interest is more than the cash value, this policy will end.
Understand the details
[1] If the insured survives at the end of 4 years from the policy entry date, you will start to receive cash payouts starting from the 49th policy month after the policy entry date. The monthly cash payout consists of the guaranteed monthly cash benefit and the non-guaranteed monthly cash bonus. The guaranteed monthly cash benefit is 0.072% of the net single premium, while your non-guaranteed monthly cash bonus is up to 0.2405% of your net single premium (based on the assumption that the Life Participating Fund earns a long-term average return of 4.25% per annum). Over 12 months, you would receive 0.864% of the net single premium as guaranteed cash benefit and up to 2.886% of the net single premium as non-guaranteed cash bonus. The non-guaranteed monthly cash bonus may vary according to the future performance of the Life Participating Fund. If the Life Participating Fund earns a long-term average return of 3.00% per annum, the non-guaranteed monthly cash bonus will be up to 0.12% of the net single premium. You will continue to receive your monthly cash payout at subsequent policy months if the insured is still alive and the policy has not ended. Net single premium means the single premium amount as shown in the policy schedule, or the reduced single premium amount if a part of the policy has been cashed in earlier.
[2] The policy pays out 105% of the net single premium and a non-guaranteed terminal bonus in the event of the insured’s death or diagnosis of terminal illness. We will also pay any cash benefits and cash bonuses which have built up (accumulated). If a secondary insured has been appointed before the insured dies, the death or terminal illness benefit will not be paid out. Upon the death of the insured, the secondary insured becomes the insured and the policy will continue.
[3] Only yourself (policyholder before the age of 65 years old), your spouse (before the age of 65 years old), or your child or ward (before the age of 18 years old) can be the secondary insured at the time of exercising this option. You can exercise this option to appoint a secondary insured no more than three times, and provided the following conditions are met:
- The premium of this policy is paid only with cash;
- No nomination of beneficiary has been made for this policy; and
- There is no change to the ownership of this policy including assignment, bankruptcy and trust.
The secondary insured becomes the insured of this policy only upon death of the insured for the remaining policy term. The policy can only have one insured at any point of time.
[4] If the insured survives at the end of the policy term, which is the anniversary immediately after the original insured’s 120th birthday, and the policy has not already ended, the policy will pay 120% of the net single premium and a non-guaranteed terminal bonus (“Maturity benefit”). We will also pay any cash benefits and cash bonuses which have built up (accumulated). The policy will end when we make this payment. We will not pay any further benefits.
[5] The original insured means the insured that was appointed when the policy was issued.
[6] Interest rate of 3.00% per annum is not guaranteed. Prevailing interest rate at the point of deposit will be determined by us.
There are certain conditions whereby the benefits under this plan will not be payable. You can refer to your policy contract for the precise terms, conditions and exclusions of the plan. The policy contract will be issued when your application is accepted.
This is for general information only. You can find the usual terms and conditions of this plan in the policy conditions. 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 advisor. 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 may be zero or 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 Income Insurance or visit the GIA/LIA or SDIC web-sites (www.gia.org.sg or www.lia.org.sg or www.sdic.org.sg).
This advertisement has not been reviewed by the Monetary Authority of Singapore.
Information is correct as at 24 December 2025
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