Manulife Scholar

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The plan provides 3 consecutive yearly cash coupons towards the last 3 policy years. Choice of receiving the 1st cash coupon to coincide with child's university entry age between 17 and 20. Premium payment stops upon receipt of the first cash coupon. With the optional payor benefit, if something unexpected were to happen to the payor, all future premiums will be waived. The plan also provides guaranteed insurability option - within 90 days upon maturity where the child can take up a whole life or endowment plan at the same or lower sum insured without evidence of insurability.

  1. Provides 3 consecutive yearly coupons to provide for your child’s university education.
  2. Choose to receive the 1st cash coupon to coincide with your child's university entry age between 17 and 20.
  3. Premium payment stops upon receipt of the first cash coupon. Maximise the saving efforts with high yielding potential returns of up to 4.43%p.a*.
  4. With the optional payor benefit, if something unexpected were to happen to you, all your future premiums will be waived. Guaranteed insurability option - within 90 days upon maturity, your child can take up a Whole Life or Endowment plan at the same or lower sum insured without evidence of insurability.

* Based on boy age 0, sum insured $100,000 with a 20-year premium term. Bonus rates are not guaranteed. The actual benefit payable may vary according to the future performance of the participating fund.

Disclaimers

This plan is underwritten by Manulife 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. Customers are advised to approach a SBI financial adviser for more information and advice on any life policy plan listed in this website.

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.

Individuals of age 0-9 (age last birthday)

Please speak to our Relationship Managers for more information on the premiums charged

Documents to be submitted along with the application form (originals to be produced for face to face verification)

  1. Singaporeans / Permanent Residents:
    - Photocopy of NRIC, both sides (The NRIC should have latest address of the applicant)
  2. Non – Singaporeans
    - Photocopy of Passport or
    - Photocopy of Employment Pass / Work Permit / Dependant Pass and
    - Document proof of address (i.e. utility bill, driving license etc.), if not same as in Employment Pass / Work Permit / Dependant Pass

Walk in to any of our branches to talk to our Relationship Managers