Frequently Asked Questions

How does RetireSavvy work?
  1. Choose the desired premium payment term of single premium, 3, 5, or 10 years
  2. Choose the desired basic plan premium
  3. Choose the desired retirement age of 45, 50, 55, 60, 65 or 70
  4. Choose the desired income payout period of 5, 10, or 15 years

Enjoy added flexibility* to perform premium top-up(s), change your income payout period, retirement income rate and defer your selected retirement age after your policy inception.

* Terms and conditions apply

Can foreigners apply?
Foreigners who are Singapore Permanent Residents (PR) currently residing and paying tax in Singapore only may apply.
What is the minimum premium amount for RetireSavvy?

The minimum premium amount per policy is:

  • Single Premium - $12,000 single premium
  • 3Pay – $5,000 annual premium ($429.14 monthly)
  • 5Pay – $3,000 annual premium ($257.48 monthly)
  • 10Pay – $1,500 annual premium ($128.74 monthly)
Do I need to go for medical check up to apply for RetireSavvy?
No, RetireSavvy is a guaranteed issuance product and medical underwriting is not required.

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