{ "generated_at": "2026-06-05T12:32:40.774Z", "site_base": "https://lifeinsurance.com.sg", "insurer": { "slug": "income", "name": "Income Insurance", "legal_entity": "Income Insurance Limited", "mas_license_type": null, "mas_fi_directory_url": null }, "product": { "slug": "provenance-solitaire", "name": "Provenance Solitaire", "status": "active", "positioning_summary": null, "source_url": "https://www.comparefirst.sg/wap/prodSummaryPdf/202135698W/VPMW_Summary.pdf" }, "wording": { "wording_version": "2026-06-05", "effective_from": null, "ingested_at": "2026-06-05T12:23:57.680999+00:00", "source_url": "https://www.comparefirst.sg/wap/prodSummaryPdf/202135698W/VPMW_Summary.pdf", "pdf_hash": "d854fa92ba712baeb86eb566dbfaf74660f22c00b89c025be6b186bb0367669b", "page_count": null }, "facts": { "claims": { "source_page": 6, "direct_settlement": true, "documents_required": [ "claim form" ] }, "riders": [ { "name": "Provenance Solitaire – Protection Benefit", "rider_type": "other", "description": "A single premium compulsory non-participating rider that provides protection against death and terminal illness during the policy term. It does not form part of the Life Participating Fund and no bonus is payable on the benefit.", "source_page": 2, "available_at_inception": true, "available_after_inception": false }, { "code": "TSN3", "name": "Provenance Disability Accelerator", "rider_type": "tpd", "description": "A non-participating, single premium accelerated rider that provides total and permanent disability (TPD) cover for a limited period of time. The rider term will follow the basic policy term, subject to the maximum coverage of before the anniversary immediately after the insured reaches the age of 70. The sum assured of this rider cannot exceed the sum assured of its basic policy. Upon TPD, pays 100% of this rider's sum assured and corresponding pro-rated bonuses of the basic policy, or 100% of this rider's minimum protection value (whichever is higher). Any payment under this rider will form an accelerated payment and reduce the sum assured and bonuses of its basic policy.", "source_page": 16, "available_at_inception": true, "available_after_inception": false } ], "free_look": { "period_days": 14, "source_page": 6, "refund_basis": "You will have 14 days from the date you receive the policy documents to be sure that you want to keep the policy. If we deliver the policy by email or any other electronic means to you, the 14 days will start 7 days after the date of the delivery. If we deliver the policy both by post and email or any other electronic means to you, the 14 days will start 7 days after the date of the delivery by post. During this time, if you choose to cancel the policy, we will refund you the premiums you have paid, less any medical fees and other expenses such as payments for medical check-ups and medical reports incurred by us." }, "exclusions": [ { "text": "This policy is not valid if the insured commits suicide within one year from the cover start date. We will refund the total premiums paid, without interest, less any amounts we have paid you, and any amount you owe us, from the cover start date.", "source_page": 6 }, { "text": "Terminal Illness Benefit is not payable if your claim arises from: deliberate acts such as self-inflicted injuries, illnesses or attempted suicide; unlawful acts, provoked assault, or deliberate exposure to danger; or the effects of alcohol, drugs or any dependence.", "source_page": 6 }, { "text": "After you have been continuously covered for one year from the cover start date, we will pay your claim unless: it is a case of fraud; you fail to pay a premium; the insured has a material pre-existing condition which you did not tell us about when you applied for this policy or rider if health declaration is required; you or the insured fail to tell us any significant information or information which is true, correct and complete which would have reasonably affected our decision to accept your application; or the claim is excluded or not covered under the terms of this policy or rider.", "source_page": 6 }, { "text": "Provenance Disability Accelerator – The benefit is not payable if the claim arises from: deliberate acts such as self-inflicted injuries, illnesses or attempted suicide; unlawful acts, provoked assault or deliberate exposure to danger; or the effects of alcohol, drugs or any dependence. We will also not pay this benefit unless the insured is certified by a registered medical practitioner to have been totally and permanently disabled for at least six months in a row. If the insured is also covered for TPD under any policies which have been issued in the past (whether issued by us or by any other insurer), the total TPD benefit due under all these policies cannot be more than S$6.5 million (including premiums waived due to TPD but excluding bonuses).", "source_page": 17 } ], "cash_values": { "has_cash_value": true, "non_guaranteed_bonus": { "text": "There are 2 types of bonuses for this plan. The bonus rate, which is declared yearly, is not guaranteed and may vary from year to year according to the future performance of the Life Participating Fund. Annual bonus, or reversionary bonus, may be added to the policy each year. The bonuses are usually calculated as a percentage of the basic sum assured and past year's bonuses. Once annual bonuses are added to your policy, they are guaranteed and will be provided for regardless of the performance of the Life Participating Fund. Terminal bonus is an additional bonus, which we may pay at the time of a claim, maturity or surrender of the policy. This policy will become eligible for bonuses after 2 years from the policy entry date. Encashment of bonuses only is not allowed for this policy.", "available": true, "bonus_types": [ "reversionary", "terminal" ], "source_page": 2, "par_fund_name": "Life Participating Fund" }, "guaranteed_surrender_value": { "basis": "The surrender value upon surrender of the policy consists of a guaranteed surrender value component and a non-guaranteed surrender value component. The policy has an immediate surrender value after the single premium has been paid.", "available": true, "source_page": 2 } }, "product_type": "whole-life", "policy_basics": { "maximum_coverage_age": "whole-of-life" }, "premium_terms": { "cpf_eligible": { "srs": false, "notes": "This plan may be purchased with cash only.", "source_page": 6, "special_account": false, "ordinary_account": false }, "payment_modes": [ "single" ], "premium_term_options": [ { "label": "Single premium", "description": "A single premium amount is payable at policy inception.", "source_page": 6 } ] }, "suicide_clause": { "source_page": 6, "payout_within_period": "This policy is not valid if the insured commits suicide within one year from the cover start date. We will refund the total premiums paid, without interest, less any amounts we have paid you, and any amount you owe us, from the cover start date.", "exclusion_period_months": 12 }, "document_metadata": { "wording_version": "Version 1.26", "product_full_name": "Provenance Solitaire (VPMW & VPVW)", "insurer_legal_entity": "Income Insurance Limited" }, "terminal_illness_benefit": { "available": true, "source_page": 2, "acceleration_percent": 100, "qualifying_definition": "Please refer to the policy contract for the exact terms and definitions of terminal illness." } }, "confidence_tier": "verified" }