# Singlife Flexi 
  Life Income II

**Insurer:** Singlife (Singapore Life Ltd.)
**MAS licence:** —
**Insurer product page:** https://www.comparefirst.sg/wap/prodSummaryPdf/196900499K/SinglifeFlexiLifeIncomeII_PS_Dec25.pdf

## Source wording

- **Effective from:** (not stated in document)
- **Ingested:** 2026-06-05
- **PDF source:** https://www.comparefirst.sg/wap/prodSummaryPdf/196900499K/SinglifeFlexiLifeIncomeII_PS_Dec25.pdf
- **PDF sha256:** `9232275c798bdbe54b5919e2694e7aa3af423f90756d3deb6082af822b94d379`
- **Extraction confidence:** verified

## Extracted facts

### claims

```json
{
  "source_page": 7,
  "direct_settlement": true,
  "documents_required": []
}
```

### riders

```json
[
  {
    "name": "Supplementary Benefits",
    "rider_type": "other",
    "description": "While the Policy is in force, You may request to add additional Supplementary Benefits to Your Policy, subject to Our terms and conditions and provided the Supplementary Benefits are available at the point of Your application. You have to pay extra premiums for these additional Supplementary Benefits. No Supplementary Benefit is available for single premium payment term Policy.",
    "source_page": 2,
    "available_at_inception": true,
    "available_after_inception": true
  }
]
```

### free look

```json
{
  "period_days": 14,
  "source_page": 7,
  "refund_basis": "We will refund the premium(s) you paid (without interest) after deducting any expenses we spent in issuing the policy, after we have received the written notification for cancellation."
}
```

### exclusions

```json
[
  {
    "text": "If the Life Assured commits suicide (while sane or insane) within one year of the Policy Issue Date or the date of the last reinstatement of the Policy (whichever is later), the Policy will be voided from the date immediately before the date of death.",
    "source_page": 7
  },
  {
    "text": "Terminal Illness in the presence of HIV infection is excluded.",
    "source_page": 7
  }
]
```

### cash values

```json
{
  "has_cash_value": true,
  "non_guaranteed_bonus": {
    "text": "Cash Bonus, Booster Bonus and Terminal Bonus are non-guaranteed and depend on the performance of Our Participating Fund. Cash Bonus is 3.00% of the Sum Assured based on an illustrated investment rate of return of 4.25% p.a. Booster Bonus is 0.50% of Sum Assured based on an illustrated investment rate of return of 4.25% p.a. Terminal Bonus may be paid upon death, Terminal Illness early payout or surrender. All future bonuses of the Policy which have yet to be allocated to the Participating Fund Policyholders are not guaranteed and We will decide the level of bonus to be declared each year, as approved by Our Board of Directors.",
    "available": true,
    "bonus_types": [
      "cash-dividend",
      "other"
    ],
    "source_page": 4,
    "par_fund_name": "Singapore Life Ltd.'s Participating Fund"
  },
  "guaranteed_surrender_value": {
    "basis": "Guaranteed Cash Surrender Value is equivalent to Total Premiums Paid as at the end of the Accumulation Period or the end of: (a) 8th Policy Year for single premium payment term; (b) 13th Policy Year for 3 years premium payment term; (c) 15th Policy Year for 5, 10 or 15 years premium payment term; or (d) 25th Policy Year for 20 or 25 years premium payment term; whichever is earliest. The Guaranteed Cash Surrender Value will increase at 0.25% p.a. (compounded) starting from the 5th Policy Year after the end of the Accumulation Period.",
    "available": true,
    "source_page": 2
  }
}
```

### policy loan

```json
{
  "available": true,
  "source_page": 3,
  "interest_basis": "The prevailing minimum loan amount and Policy loan rate will be applicable and they are subject to changes according to Our prevailing terms and conditions. The interest rate is non-guaranteed.",
  "max_percent_of_cash_value": 65
}
```

### grace period

```json
{
  "days": 30,
  "source_page": 3
}
```

### product type

```json
"whole-life"
```

### underwriting

```json
{
  "source_page": 1,
  "pre_existing_treatment": "No medical underwriting is required."
}
```

### policy basics

```json
{
  "maximum_entry_age": {
    "basis": "age-next-birthday",
    "years": 70,
    "source_page": 3
  },
  "minimum_entry_age": {
    "basis": "age-next-birthday",
    "years": 1,
    "source_page": 3
  },
  "maximum_coverage_age": "whole-of-life",
  "minimum_policy_term_years": "entry age + premium payment term ≤ 75 ANB; entry age + premium payment term + Accumulation Period ≤ 80 ANB"
}
```

### premium terms

```json
{
  "cpf_eligible": {
    "srs": true,
    "notes": "For single payment: Cash, Cheque, Bank Draft or SRS only. For Policy funded by Supplementary Retirement Scheme (SRS) monies, the Yearly Income payout will be credited back to the SRS account as per prevailing SRS Guidelines.",
    "source_page": 3,
    "special_account": false,
    "ordinary_account": false
  },
  "payment_modes": [
    "single",
    "annual",
    "semi-annual",
    "quarterly",
    "monthly"
  ],
  "premium_term_options": [
    {
      "label": "Single Premium",
      "description": "Single premium payment term",
      "source_page": 1
    },
    {
      "label": "3-pay",
      "description": "Limited premium payment term of 3 years",
      "source_page": 1
    },
    {
      "label": "5-pay",
      "description": "Limited premium payment term of 5 years",
      "source_page": 1
    },
    {
      "label": "10-pay",
      "description": "Limited premium payment term of 10 years",
      "source_page": 1
    },
    {
      "label": "15-pay",
      "description": "Limited premium payment term of 15 years",
      "source_page": 1
    },
    {
      "label": "20-pay",
      "description": "Limited premium payment term of 20 years",
      "source_page": 1
    },
    {
      "label": "25-pay",
      "description": "Limited premium payment term of 25 years",
      "source_page": 1
    }
  ],
  "premium_review_clause": {
    "text": "Premium rates are guaranteed throughout the premium payment term.",
    "reviewable": false,
    "source_page": 3
  }
}
```

### suicide clause

```json
{
  "source_page": 7,
  "payout_within_period": "If the Life Assured commits suicide (while sane or insane) within one year of the Policy Issue Date or the date of the last reinstatement of the Policy (whichever is later), the Policy will be voided from the date immediately before the date of death.",
  "exclusion_period_months": 12
}
```

### document metadata

```json
{
  "product_full_name": "Singlife Flexi Life Income II",
  "insurer_legal_entity": "Singapore Life Ltd.",
  "product_summary_pdf_url": "https://singlife.com/en/make-a-claim/"
}
```

### terminal illness benefit

```json
{
  "available": true,
  "source_page": 2,
  "acceleration_percent": 100,
  "qualifying_definition": "\"Terminal Illness\" means the conclusive diagnosis of an illness that is expected to result in the death of the Life Assured within 12 months. This diagnosis must be supported by a specialist and confirmed by Our appointed Registered Medical Practitioner. Terminal Illness in the presence of Human Immunodeficiency Virus (HIV) infection is excluded."
}
```

---

*This summary reflects the policy wording as ingested on 2026-06-05. For current terms, always verify against the source PDF or contact the insurer.*