Singlife

Elite Term II

Leave a meaningful legacy that goes beyond safeguarding your loved ones' lifestyle while having flexible options that put you in control.

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Protect your family’s future, allow them to maintain their lifestyle, and leave a lasting legacy with Singlife Elite Term II, a term life insurance plan. Available in Limited Pay and Regular Pay options, the plan offers the flexibility to customise your coverage to suit your financial strategy and lifestyle, wherever life brings you.

Singlife Elite Term II (Limited Pay) key features:

Ensure your loved ones have long-term protection and leave them an inheritance that will remind them of your love. This plan offers a shorter premium payment term and has a Surrender Benefit¹and Longevity Reward. Complete premium payments early for worry-free coverage.

Coverage up to age 99

Receive a lump-sum payout if you die or are diagnosed with a Terminal Illness during the coverage term.

Choice of premium term

Choose to pay for 5 years, 10 years, up to age 65 or up to age 75.

Enjoy a longevity reward

Receive 100% of your total premiums paid for the base plan at the end of your coverage term².

Get money back with the Surrender Benefit

You have the flexibility to surrender your policy and receive the Surrender Benefit if you no longer need coverage¹.

Increase your coverage

You have the option to increase your basic policy coverage without the hassle of medical check-ups when you reach key milestones³.

Convert your term life insurance

Enjoy the option to convert your term life insurance plan into a new endowment or whole life plan without further medical underwriting⁴.

Add on riders

Cover all bases with our riders⁵, offering protection for total and permanent disability, critical illness and more.

Singlife Elite Term II (Regular Pay) key features:

Protect your family’s financial future with this straightforward term life insurance plan with accessible pricing. With Singlife Elite Term II (Regular Pay), you pay premiums regularly throughout your policy coverage duration, making budgeting easy. Secure the protection your loved ones deserve, effortlessly.

Lump-sum payout

Receive a lump-sum payout if you die or are diagnosed with a Terminal Illness.

Choice of coverage duration

Choose to be covered for 5 years, 10 years, from every one-year interval from the 11^th year until age 85 or cover to age 99.

Automatic renewal

We’ll automatically renew your coverage if you choose the 5-year or 10-year coverage term⁶.

Increase your coverage

You have the option to increase your basic policy coverage without the hassle of medical check-ups when you reach key milestones³.

Convert your term life insurance

Enjoy the option to convert your term life insurance plan into a new endowment or whole life plan without further medical underwriting⁴.

Add on riders

Cover all bases with our riders⁵, offering protection for total and permanent disability, critical illness and more.

Promotions

Singlife Elite Term II (Limited Pay)

Enjoy 10% perpetual premium discount on eligible riders with a minimum sum assured of $500,000 (in contract currency) on Singlife Elite Term II (Limited Pay).

Click here for more information. Terms and Conditions apply.

Singlife Elite Term II (Regular Pay)

Enjoy up to 30% perpetual premium discount on Singlife Elite Term II (Regular Pay) and eligible riders with a minimum sum assured of $500,000 (in contract currency) per policy.

Click here for more information. Terms and Conditions apply.

Secure the future for you and your family today

To find out more about Singlife Elite Term II, fill in the form and a dedicated Financial Adviser Representative will contact you.

Alternatively, if you would like to speak to someone directly, please contact Singlife Financial Advisers (“SFA”), a wholly owned subsidiary of Singapore Life Ltd. (“Singlife”) at 6827 9980 (Mon – Fri, 9am to 6pm).

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Contact Number*

Email Address*

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By clicking “Submit”:

1. You agree to be directed to Professional Investment Advisory Services Pte Ltd (“PIAS”), a wholly owned subsidiary of Singapore Life Ltd. (“Singlife”), to process your request. Singlife has an introducer arrangement with PIAS, a licensed financial adviser which distributes Singlife products. As an introducer to PIAS, Singlife will not receive remuneration for this arrangement.

2. You also consent to Singlife collecting, processing, disclosing and/or transferring your personal data (provided in this form) to Singlife related group of companies, third party service providers and/or intermediaries (including your financial adviser, where applicable), whether located in Singapore or elsewhere, for the following purposes:

- to contact you via call, email and messages on any messaging platform (including SMS) to process your request;

- to provide you with information (including marketing offers and promotions, where applicable) on Singlife’s and Singlife related group of companies’ products and services; and

- for statistical, research, audit, compliance and regulatory purposes.

For details of Singlife’s Data Protection Notice, please refer to https://singlife.com/en/pdpa. To withdraw your consent, you may contact Singlife at +65 6827 9933.

Important notes

All ages mentioned refer to age next birthday.

1. Surrender Benefit is only applicable to Singlife Elite Term II (Limited Pay) policies. For as long as premiums are paid up to date, we will pay:

a) 30% of Total Premiums Paid for base plan (i.e. excluding premiums for riders) upon full surrender on or after the start of the 3rd policy year till end of the premium term; or

b) 80% of Total Premiums Paid for base plan upon full surrender from end of premium term onwards.

The payment will less any amount owing to us.

2. Longevity Reward is only applicable to Singlife Elite Term II (Limited Pay) policies. If the policy is held until the end of coverage term at age 99, we will pay 100% of Total Premiums Paid for the base plan, subject to the policy terms and conditions.

3. The policyholder may exercise the Guaranteed Issuance Option (GIO) at each of the following key life events without providing further evidence of insurability:

a) the Life Assured marries or divorces (i.e. change of marital status);

b) the Life Assured becomes a parent by having a newborn child, or legally adopts a child (i.e. adding a new child member to the immediate family);

c) the Life Assured purchases a property;

d) the Life Assured or Life Assured’s child enrols into primary, secondary or tertiary education;

e) the Life Assured enters full-time employment within one year from tertiary graduation; or

f) the Life Assured turns 21 years old (i.e. Life Assured’s 21st birthday).

GIO allows the policyholder to increase the Sum Assured of the base plan during the premium term of the policy with extra premium payable. The total Sum Assured that can be increased under this option is limited to 50% of Singlife Elite Term II Sum Assured, or up to S$500,000 per life (or its equivalent in other currencies), whichever is lower. GIO is extended to standard life only. Please refer to the Product Summary for more details.

4. The policyholder may exercise the Guaranteed Convertibility Option (GCO) by fully or partially converting the basic policy into a new endowment or whole life policy available at the point of conversion, without further evidence of insurability as long as the following conditions are met:

a) The policy is in force when this option is exercised;

b) The Life Assured is 65 years old or younger when the GCO is exercised (for joint life policy, the age limit for conversion must be based on the older age of the two Lives Assured);

c) For full conversion, the Life Assured will be insured for the same Sum Assured or less on the new policy, subject to the Sum Assured limit of the new policy;

d) For partial conversion, the Life Assured is insured for a Sum Assured equal to or less than the amount of Sum Assured converted, subject to the Sum Assured limit of the new policy. The original policy will continue with a reduced Sum Assured, subject to the Sum Assured limit of the original policy;

e) The maximum Death Benefit payable under the new policy must not exceed:

(i) the Death Benefit payable under the original policy if it is a full conversion; or

(ii) the Death Benefit payable for the amount of Sum Assured converted if it is a partial conversion; and

f) No claim on this policy has been admitted or submitted.

The terms and conditions above are not exhaustive. Please refer to the Product Summary for more details.

5. These are the riders available to enhance your protection:

a) TPD Advance Cover Plus III*

b) CI Advance Cover Plus IV*

c) MultiPay Critical Illness Cover IV

d) Early Critical Illness Cover II

e) Singlife Big 3 Critical Illness Cover

f) Critical Illness Premium Waiver II

g) Payer Critical Illness Premium Waiver II

h) Payer Premium Waiver Benefit

*GRO, GIO, and GCO are applicable for these riders. For more details on the riders, please refer to their respective Product Summaries.

6. The Guaranteed Renewable Option (GRO) is subjected to maximum renewal age of 89 years old and the maximum expiry age of 99 years old for the base plan and is only applicable to coverage term of 5 years and 10 years. Upon renewal, the Life Assured is insured for at most the same Sum Assured as before the renewal date and for the same coverage term. No new policy will be issued. GRO is also applicable to TPD Advance Cover Plus III, CI Advance Cover Plus IV and Early Critical Illness Cover II, if attached to the basic policy at inception. Premiums payable for the renewed policy will be based on the Life Assured’s attained age and the prevailing premium rates at the date of renewal. Please refer to the Product Summary for more details.

Disclaimers

This policy is underwritten by Singapore Life Ltd.

This is published for general information only and does not have regard to the specific investment objectives, financial situation and particular needs of any specific person. You may get a copy of the Product Summary from Singapore Life Ltd and the participating distributors’ offices. You should read the Product Summary before deciding whether to purchase the product. You may wish to seek advice from a financial adviser representative before making a commitment to purchase the product. If you choose not to seek advice from a financial adviser representative, you should consider whether the product in question is suitable for you. As buying a life insurance policy is a long-term commitment, an early termination of the policy usually involves high costs and the surrender value, if any, that is payable to you may be zero or less than the total premiums paid. This is not a contract of insurance. Full details of the standard terms and conditions of this policy can be found in the relevant policy contract.

Information is accurate as at 24 Apr 2025. This advertisement has not been reviewed by the Monetary Authority of Singapore.

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 or SDIC websites (www.lia.org.sg or www.sdic.org.sg).