Are you looking for a way to invest for your future while also ensuring financial protection for your loved ones ? Singlife Savvy Invest might be the solution you've been searching for. This innovative whole life, regular premium investment-linked plan offers a unique combination of diverse investment opportunities and protection against death and terminal illness. Let's dive deep into what makes Singlife Savvy Invest stand out in the crowded insurance market.

Singlife Savvy Invest is a comprehensive financial product that combines investment and insurance . It's designed for individuals who want to grow their wealth over time while ensuring their family's financial security. The plan offers flexibility in investment choices, attractive bonuses, and the option to adjust your coverage as your life circumstances change.

Let's consider Jeremy, a 35-year-old non-smoker who's recently married and planning for his family's future. He chooses Singlife Savvy Invest with a fixed Minimum Investment Period of 10 years and an annual premium of S$6,000.

Year 1: Jeremy receives a Welcome Bonus of S$600, boosting his initial investment.

Year 3: His account value grows to S$20,147 (111% of premiums paid).

Year 5: Jeremy withdraws S$2,000 penalty-free using the Life Stage Benefit for his newborn's expenses.

Year 11: After completing his Minimum Investment Period, Jeremy receives his first Loyalty Bonus of 0.3% of his account value.

Year 12: Jeremy tops up his investment with a single premium of S$2,000.

Year 20: His account value has grown to S$222,435 (185% of premiums paid).

Year 21: Jeremy now enjoys a stepped-up Loyalty Bonus of 0.4% of his account value.

This example assumes an illustrated investment return of 8% p.a. and an annual management charge of 1.30% p.a. It's important to note that actual returns may vary, and all values are non-guaranteed.

Singlife Savvy Invest offers both fixed and flexible Minimum Investment Periods (MIP):

Fixed MIP:

• 3 years: Minimum annual premium of S$10,000

• 5 years: Minimum annual premium of S$3,600

Flexible MIP:

• 3 years: Minimum annual premium of S$12,000

• 5 years: Minimum annual premium of S$6,000

• 10 years: Minimum annual premium of S$2,400

You can choose to pay your premiums annually, half-yearly, quarterly, or monthly.

Understanding the fees associated with Singlife Savvy Invest is crucial:

1. Administrative Charge: 0.65% per annum of the account value, deducted monthly.

2. Supplementary Charge: 1.85% per annum of the account value, deducted monthly for the first 10 policy years.

3. Cost of Insurance (COI): Based on age, gender, smoking status, and sum at risk.

4. Premium Shortfall Charge: Applies if premiums are not paid during the MIP.

5. Partial Withdrawal Charge: Applies to withdrawals during the MIP (except Life Stage Benefit).

6. Surrender Charge: Applies to full surrender during the MIP.

7. Annual Management Charge: Varies by chosen ILP sub-fund.

There are currently no charges for premium top-ups or fund switching, although Singlife reserves the right to introduce these in the future with 30 days' notice.

1. The Welcome Bonus is only payable for first-year premiums and not for top-ups or unpaid premiums.

2. Life Stage Benefit withdrawals must be at least S$500, and your account value must remain above S$1,000 after withdrawal.

3. You can change the life assured up to twice during the policy term, subject to conditions.

4. The Terminal Illness Benefit is an early payout of the Death Benefit.

5. Loyalty Bonuses are only payable if the policy is in force and no withdrawals (except Life Stage Benefit) were made in the previous 12 months.

6. The Minimum Investment Period affects charges for missed premiums, withdrawals, and surrenders.

7. Dividend distributions from funds are not guaranteed.

Singlife Savvy Invest could be an excellent choice if you:

• Want to combine long-term investment with life protection

• Appreciate flexibility in your financial products

• Are looking for a way to potentially enhance your returns through bonuses

• Want the option to adjust your investment strategy over time

• Are planning for major life events and want financial flexibility

However, it's important to remember that:

• Investment returns are not guaranteed and can fluctuate

• Early termination of the policy can result in high costs

• The policy requires a long-term commitment for optimal benefits

Before making a decision, consider consulting with a financial adviser to determine if Singlife Savvy Invest aligns with your financial goals and risk tolerance.

Singlife Savvy Invest offers a unique blend of investment opportunities and life protection , with attractive features like Welcome and Loyalty Bonuses, flexible withdrawals, and diverse fund choices. It's designed for those who want to take an active role in their financial future while ensuring protection for their loved ones.

Remember, while the potential benefits are appealing, it's crucial to carefully consider your financial situation and long-term goals before committing to any investment-linked plan. The right choice depends on your individual circumstances, risk appetite, and financial objectives.

Ready to explore if Singlife Savvy Invest is the right fit for your financial journey? Don't rely on just one perspective. Get expert insights tailored to your unique situation . Sign up now to receive 5 expert opinions on how Singlife Savvy Invest could work for you. These professionals will review your specific needs and provide personalized recommendations, helping you make the most informed decision possible.

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By consulting with multiple experts, you'll gain a comprehensive understanding of how this plan fits into your overall financial strategy. Don't leave your financial future to chance – get the expert advice you deserve today.