China Life SaveReward (SGD) 5-Year Endowment Plan 2.17% p.a. Guaranteed Yield upon Maturity A Companion For Years A Promise For Life
Benefit Snapshot: Attractive Guaranteed Yield of 2.17% p.a. upon Maturity 100% Capital Guaranteed upon Maturity 3 Years Premium Payment Term Coverage against Death 1 Whether you are looking to save up for your dream vacation or planning a new makeover for your home, you can be closer to realising your goal with our China Life SaveReward (SGD) 5-year endowment plan. With this plan, you will receive a guaranteed lump sum when your plan matures all with just a 3-year premium commitment. Features of the Plan: 2.17% p.a. Guaranteed Yield upon Maturity Enjoy guaranteed yield of 2.17% p.a. upon maturity. 3 Years Premium Payment Term With only a 3-year premium payment term, you will enjoy capital guarantee of your premiums paid at the end of 5 years. A Lump Sum Maturity Benefit You will receive a guaranteed maturity payout of 109% of total premiums paid when the plan matures. Coverage against Death If the unforeseen happens to the life insured, we will pay a death benefit 1 which is 400% of your yearly premium. * This is a limited tranche product and we will stop accepting applications 6 months after the product launch date or when the tranche is fully subscribed, whichever is earlier.
Example: Mr Tan (age 35) intends to start saving up for his new home renovation plans. He is able to set aside SGD10,000 yearly for 3 years. When his plan matures after 5 years, Mr Tan can receive a guaranteed maturity payout of SGD32,700 to prepare him for his home renovation plans. Policy Term Yearly Premium (Payable for 3 years) 5 Years SGD10,000 Total Premiums (Paid over 3 years) SGD30,000 Guaranteed Maturity Benefit SGD32,700 Speak with us today: Customer Care Hotline: 6727 4800 (Mon-Fri, 9am-5.30pm) Email: CustomerCare@chinalife.com.sg Footnote: 1. In the event of death of the life insured, we will pay a lump sum of 400% of the yearly premium less amounts owing to us (if any).
Note: Buying a life insurance policy is a long-term commitment. An early termination of the policy usually involves high costs and the surrender value payable (if any) may be less than the total premiums paid. The information in this marketing material is for general circulation only and does not take into account the specific investment objectives, financial situation or particular needs of any specific person. You should seek advice from a financial adviser regarding the suitability of the policy before making a commitment to purchase. In the event that you choose not to do so, you should consider whether the product in question is suitable for you. This marketing material is not a contract of insurance. Please refer to the policy contract for the exact terms and conditions, specific details and exclusions. This policy is protected under the Policy Owners Protection Scheme which is administered by the Singapore Deposit Insurance Corporation (SDIC). Coverage for your policy is automatic and no further action is required from you. For more information on the types of benefits that are covered under the scheme as well as the limits of coverage, where applicable, please contact us or visit the Life Insurance Association, Singapore or SDIC websites (www.lia.org.sg or www.sdic.org.sg). In case of discrepancy between the English and Chinese versions of this marketing material, the English version shall prevail. Information is correct as at March 2016.
About China Life Insurance (Singapore) Pte. Ltd. China Life Insurance (Singapore) Pte. Ltd. is a wholly-owned subsidiary of China Life Insurance (Overseas) Company Limited ( China Life Overseas Company ), which is wholly-owned by China Life Insurance (Group) Company. China Life Insurance (Group) Company is the largest financial insurance corporation in China. It is also a Fortune Global 500 company, ranked 94 in 2015, for 13 consecutive years with brand value of over RMB 182 billion*. China Life Overseas Company has been providing financial services in Hong Kong and Macau since 1984 and 1989 respectively. Its business covers 3 main categories, namely insurance, investment as well as provident fund services. In 2015, its premium income exceeded HKD40 billion, with a breakthrough in agency force of over 3,300. At present, China Life Overseas Company is a leading life insurance company in both Hong Kong and Macau with an asset value of more than HKD170 billion as at December 2015. In January 2016, China Life Overseas Company s prudent financial management and stable outlook are underscored by the rating accredited by international rating agencies, including Moody s A1 (insurance financial strength rating) and Standard & Poor s A+ (long-term local currency issuer credit rating and insurer financial strength rating). As part of China Life Insurance (Group) Company, China Life Insurance (Singapore) Pte. Ltd. is committed to offering a full suite of value-added financial solutions to clients to fulfill their protection, savings and investment needs. We proactively assimilate into the society, and hope to bring the growth and enjoy the success with Singapore through the collaboration between China and Singapore. * Source: Top 500 Most Valuable Chinese Brands by World Brand Lab as at June 2015 China Life Insurance (Singapore) Pte. Ltd. (Reg No. 201433645N) 138 Market Street #13-01 CapitaGreen Singapore 048946 Tel : 6727 4800 Website : www.chinalife.com.sg