TM Retirement GIO is a specially designed retirement plan that guarantees you regular retirement income for life so that you need not worry about outliving your savings.
1 The Cash Benefit consists of a guaranteed amount equivalent to 2% of the sum assured and a non-guaranteed dividend equivalent to 3.8% of the sum assured. These dividends are based on a projected investment rate of return of 4.75% p.a. on the Participating Fund. As these dividends are not guaranteed, the actual amount payable may vary according to the future performance of the Participating Fund.
2 The sum assured is a notional value and is used purely for determining the dividends and Cash Benefit amount. It does not represent the amount payable on the insured events.
3 It means the total annual premiums paid for the basic plan, even if the premium mode is monthly, quarterly or half-yearly, excluding any premium loadings and interest paid for loans and reinstatement (if applicable) under the policy.
All ages mentioned in this web page are based on age next birthday.
This plan is underwritten by Tokio Marine Life Insurance Singapore Ltd and all proposals are subject to financial underwriting and acceptance.All benefits and features mentioned herein are subject to terms and conditions of the policy. You must refer to the policy contract for the precise terms and conditions of this insurance plan. The information shown is for reference only and is accurate as at 8 May 2013.
Note: Buying a life insurance policy can be 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. You may wish to seek advice from a financial adviser before making a commitment to purchase the product. In the event that you choose not to seek advice from a financial adviser, you should consider whether the product in question is suitable for you.
This document is published for information and general circulation only and does not have regard to your specific investment objectives, financial situation and your particular needs.
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.
The minimum sum assured for this plan is S$25,000.
Premiums charged as per the premiums tables shared by Tokio Marine Life Insurance Singapore Ltd.
Additional documents may be required at the point of application.
Walk in to any of our branches to talk to our Relationship Managers.