RP SAIL is a regular premium endowment plan specially designed for retirement planning. Regular premiums are made during the early years from policy inception. Upon retirement age of your choice, the policy will pay out a stream of income for a fixed period of 20 years. |
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Flexible savings options: you can choose your retirement age from 55, 60, 65 or 70 years (last birthday) |
b) |
Shorter Premium payment term: You only need to pay premiums up to 5 years lesser than the retirement age |
c) |
Death & TPD Benefits, surrender benefits and non-guaranteed Annual & Special bonuses |
d) |
Option to redeem policy for a lump sum payment; or convert policy partially or fully into a stream of payments for 20 years |
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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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Minimum Entry age: 25 – 40 years (last birthday) |
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Maximum Entry age: 40 – 55 years (last birthday) |
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Policy Term: Min. 10 years; Max. 25 years |
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a) |
Application form |
b) |
Benefit Illustration |
c) |
Personal Financial Review |
d) |
Copy of customer’s IC |
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| Walk in to any of our branches to talk to our Relationship Managers |
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