Reach is a short-term regular premium endowment plan that is tailored to help you save while providing you with guaranteed Cash Benefits* and protection. |
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| * On each policy anniversary, if the Insured survives, a guaranteed Cash Benefit at 10% of sum assured (less any loan or debt) will be payable yearly, starting with the first payment at 5th policy anniversary. The last Cash Benefit will be given on the policy anniversary immediately preceding the end of the policy term. |
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A short 5-year premium payment term |
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Flexibility to enjoy your guaranteed Cash Benefit * from the end of the 5th policy year or deposit at 3.5% p.a ** |
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Guaranteed maturity benefit at 115% of sum assured, less the sum of all Cash Benefits given before maturity and less any loan or debt |
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Savings and protection in one plan |
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* On each policy anniversary, if the Insured survives, a guaranteed Cash Benefit at 10% of sum assured (less any loan or debt) will be payable yearly, starting with the first payment at 5th policy anniversary. The last Cash Benefit will be given on the policy anniversary immediately preceding the end of the policy term. |
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| ** Interest rate is not guaranteed. Prevailing interest rate at the point of deposit as determined by NTUC Income will apply. |
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| Disclaimers |
This plan is underwritten by NTUC Income and acceptance of the proposal is subject to underwriting. Buying a life insurance is 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.
No representation or warranty whatsoever (including without limitation any representation or warranty as to accuracy, usefulness, adequacy, timeliness or completeness) in respect of any information (including without limitation any statement, figures, opinion, view or estimate) provided herein is given by SBI and it should not be relied upon as such. SBI does not undertake an obligation to update the information or to correct any inaccuracy that may become apparent at a later time. SBI shall not be responsible or liable for any loss or damage whatsoever arising directly or indirectly howsoever in connection with or as a result of any person acting on any information provided herein. |
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Entry Age: 0 – 60 years (last birthday) |
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Policy Term: A fixed term of 8 or 10 years |
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Premium Payment Term: 5 years only |
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| Documents to be submitted along with the application form (originals to be produced for face to face verification) |
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Singaporeans / Permanent Residents: |
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- Photocopy of NRIC, both sides (The NRIC should have latest address of the applicant) |
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Non – Singaporeans |
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- Photocopy of Passport or |
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- Photocopy of Employment Pass / Work Permit / Dependant Pass and |
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- Document proof of address (i.e. utility bill, driving license etc.), if not same as in Employment Pass / Work Permit / Dependant Pass |
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| Walk in to any of our branches to talk to our Relationship Managers |
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