Showing posts with label annuity. Show all posts
Showing posts with label annuity. Show all posts

TM Infinite VIP - Continuous Retirement Annuity for Life

Whether it is an annuity that you are looking for or a legacy you wish to leave behind for your TM Infinite VIP via its distribution channels like the banks and direct agents and the take up rate of this product has been fast & encouraging that the policy will probably be pulled out soon when the tranche has been reached. (This could be seen with its sister product, TM Legacy VIP which was pulled out on 21 July 2014).
children or grandchildren; for the past year since May 2013, Tokio Marine Life Insurance Singapore (TMLS) has been selling a single premium plan known as

In any case, the surviving TM Infinite VIP runs on a simple model:

  1. Minimum Single premium of S$133,350
  2. Gets you a payout of S$500 EVERY MONTH after 5 years (credited monthly into a S'pore bank account)
  3. The payout continues as long as the assured is alive
  4. Should Death occurs, 101% of Single premiums paid + Non Guaranteed Terminal Dividend
  5. Minimum age 1 year old next birthday
  6. Maximum age 70 year old next birthday

      TIPs
  • If you want more payout, just multiply accordingly (eg $266,700 gets you $1000 monthly payout)
  • Greater advantage will be to buy on the life of a young child, since payout continues as long as assured is alive.
  • Good option to prepare for a child who will be going to University as their MONTHLY living expense.
Did I mention that you can get your capital back* ? Ask for a proposal and take a look yourself!

* Conditions apply

The Rising Retirement Problem of Singapore and A Unique Solution!


CPF & your retirement Needs

Finally, a product being launched once again by the ever innovative Tokio Marine Life Insurance product development team to address our greying population. In the recently concluded National Day Rally 2014, Singapore's Prime Minister did highlight the use of the lease buyback scheme of the HDB and Minimum Sum Requirement's (MSR) annuity program to meet the needs of the country's Silver Generation.

However, for many, it might not be sufficient to retire with (as voiced by TMLS's CEO-click on image on right)
Well, all is not lost as the company is the 1st to launch a similar annuity program which u can pay by installments, instead of a huge lump sum to achieve your aim and more importantly, spouses can also be covered! Another great  feature  is that you can now start planning for your retirement at a younger age with TM Retirement Paycheck Life (Click on the image below)!

TM Retirement PaycheckLife
Will just let you read the newspaper cuttings for what the product can do; in the meantime, if you want to know more, please contact us NOW!