VivoLife is a regular premium paying participating whole life plan. It allows customers to enjoy lifetime of protection plus the opportunity to turn it into a regular income stream. |
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Choice of premium terms |
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Enjoy 125% coverage in the first 15 years |
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Receive up to 3 times payout for accidental death |
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Premium waiver benefit * to relief your financial commitment in the event of retrenchment |
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Get an additional conversion bonus when you convert ** your policy into an additional annuity |
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* Vivolife policy must be valid and in force for at least 6 months from the date of issue of the policy, or the effective date of any increase in sum assured or the date of reinstatement of the policy, whichever is latest. The premium waiver benefit may only be exercised once, regardless of the number of months that the premiums are waived. |
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| ** Converting VivoLife to an immediate annuity is subject to terms and conditions, and the type of annuity plans and rates available at the time of conversion. |
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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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Customers upto age of 64 years (age last birthday) |
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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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