{ "generated_at": "2026-06-05T12:32:40.774Z", "site_base": "https://lifeinsurance.com.sg", "insurer": { "slug": "singlife", "name": "Singlife", "legal_entity": "Singapore Life Ltd.", "mas_license_type": null, "mas_fi_directory_url": null }, "product": { "slug": "singlife-smart-saver", "name": "Singlife Smart \n Saver", "status": "active", "positioning_summary": null, "source_url": "https://www.comparefirst.sg/wap/prodSummaryPdf/196900499K/SinglifeSmartSaver_PS_Dec25.pdf" }, "wording": { "wording_version": "2026-06-05", "effective_from": null, "ingested_at": "2026-06-05T11:31:31.295382+00:00", "source_url": "https://www.comparefirst.sg/wap/prodSummaryPdf/196900499K/SinglifeSmartSaver_PS_Dec25.pdf", "pdf_hash": "6314a9c955ea3ab90cf4d7189a0c47114a2221e5831a664bfb8582d37c7ea1ac", "page_count": null }, "facts": { "claims": { "source_page": 9, "direct_settlement": true, "documents_required": [ "Please contact Your Financial Adviser Representative or visit https://singlife.com/en/claims for the claim procedures." ] }, "riders": [ { "name": "Supplementary Benefits", "rider_type": "other", "description": "Subject to Our terms and conditions and provided the Supplementary Benefits are available at point of Your application, You can request to add on additional Supplementary Benefits to Your Policy during the Policy term. Extra premiums are payable for these additional Supplementary Benefits. Please refer to the respective Supplementary Benefits' Terms and Conditions for the full details of exclusions.", "source_page": 2, "available_at_inception": true, "available_after_inception": true } ], "free_look": { "period_days": 14, "source_page": 9, "refund_basis": "You have 14 days from the date You receive this Policy to decide whether You want to continue with it. If You do not want to continue, You may write to Us to cancel this Policy. As long as You have not made any claim under this Policy, We will cancel this Policy from its Policy Effective Date and refund the premiums You paid without interest and less any expenses spent in considering Your application and issuing this Policy." }, "exclusions": [ { "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 void from the date immediately prior to the date of death. Where a change of Life Assured or a transfer of cover to the Secondary Life Assured has been made, if the new Life Assured commits suicide (while sane or insane) within 1 year of the effective date of a change of Life Assured, the issue date of the Endorsement for a change of Life Assured, a transfer of cover to the Secondary Life Assured or the date of the last reinstatement of the Policy (whichever is latest), the Policy will be void from the date immediately prior to the date of death.", "source_page": 9 }, { "text": "Accidental Injury directly or indirectly, wholly or partly caused by or arising from or contributed to by the following is excluded: (a) self-inflicted injuries, suicide or attempted suicide, while sane or insane; (b) bodily infirmity, illness or disease of any kind, or any infection other than an infection occurring simultaneously with and in consequence of a cut or wound of an Accidental Injury; (c) mental or psychiatric illness, anxiety, nervous disorders or sleep disturbance disorders; (d) whilst under the influence of alcohol, drugs or intoxication, even if the drug prescribed by a Registered Medical Practitioner, or the taking of poison or inhalation of gas, voluntarily or involuntarily; (e) while on duty in any navy, army, air force, military, firemen, civil defence, police or law enforcement organisation except where national service or reservist duties are carried out in Singapore or overseas (if this applies) under the Enlistment Act 1970; (f) war, invasion, acts of foreign enemies, hostilities or warlike operations (whether war be declared or not), civil war, rebellion, revolution, insurrection, assuming the proportions of or amounting to an uprising, military or usurped power; (g) as a result of travel in or on any type of aircraft other than as a crew member or fare paying passenger on a regularly scheduled passenger flight of an international commercial airline; (h) as a result of the Life Assured committing, attempting or provoking an assault or felony or any violation of the law by the Life Assured; (i) as a result of racing of any kind other than on foot; (j) as a result of participation in any aerial activity including parachuting and sky diving; or (k) as a result of participation in any underwater activity.", "source_page": 9 }, { "text": "Terminal Illness in the presence of HIV infection is excluded.", "source_page": 9 } ], "mwpa_trust": { "notes": "The appointment of Secondary Life Assured is not allowed once a trust has been created. The Legacy Distribution Option cannot be exercised if a trust has been created. No explicit mention of MWPA / Section 73 trust availability.", "available": false, "source_page": 4 }, "cash_values": { "has_cash_value": true, "non_guaranteed_bonus": { "text": "Reversionary Bonus is non-guaranteed, but once declared and vested, it forms part of the guaranteed benefit of the Policy. Terminal Bonus is non-guaranteed and it may be credited upon surrender of the Policy, death of the Life Assured or upon Policy maturity. All bonuses are not guaranteed and depend on the performance of Our Participating Fund.", "available": true, "bonus_types": [ "reversionary", "terminal" ], "source_page": 2, "par_fund_name": "Singapore Life Ltd.'s Participating Fund" }, "guaranteed_surrender_value": { "basis": "For single premium: acquires cash value upon inception. For limited premium: from start of 2nd Policy Year (3-year payment term) or 3rd Policy Year (5, 10, 15, 20 or 25-year payment term), as long as premiums are paid up-to-date. The Guaranteed Cash Surrender Value will be at least equivalent to the Total Premiums Paid as at the Policy Maturity Date.", "available": true, "source_page": 2 } }, "policy_loan": { "available": true, "source_page": 3, "interest_basis": "prevailing Policy loan rate, non-guaranteed, subject to changes according to Our prevailing terms and conditions", "max_percent_of_cash_value": 65 }, "grace_period": { "days": 30, "source_page": 3 }, "product_type": "endowment", "underwriting": { "source_page": 1, "pre_existing_treatment": "Guaranteed issuance upon application. No medical underwriting is required." }, "policy_basics": { "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": { "basis": "age-next-birthday", "years": 99, "source_page": 3 }, "maximum_policy_term_years": "25 years or cover to 99 Age Next Birthday", "minimum_policy_term_years": 10 }, "premium_terms": { "cpf_eligible": { "srs": true, "notes": "SRS eligible for Single Premium, entry age 19 to 70 ANB, subject to prevailing SRS Guidelines. Change of Life Assured, Secondary Life Assured appointment and Legacy Distribution Option not available if Single Premium paid using SRS funds.", "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": 3 }, { "label": "3-Pay", "description": "Limited premium payment term of 3 years", "source_page": 3 }, { "label": "5-Pay", "description": "Limited premium payment term of 5 years", "source_page": 3 }, { "label": "10-Pay", "description": "Limited premium payment term of 10 years", "source_page": 3 }, { "label": "12-Pay", "description": "Limited premium payment term of 12 years", "source_page": 3 }, { "label": "15-Pay", "description": "Limited premium payment term of 15 years", "source_page": 3 }, { "label": "18-Pay", "description": "Limited premium payment term of 18 years", "source_page": 3 }, { "label": "20-Pay", "description": "Limited premium payment term of 20 years", "source_page": 3 }, { "label": "25-Pay", "description": "Limited premium payment term of 25 years", "source_page": 3 } ], "premium_review_clause": { "text": "Premium rates are guaranteed throughout the premium payment term.", "reviewable": false, "source_page": 3 } }, "non_forfeiture": { "paid_up": { "text": "You also have the option to partially surrender the Policy by reducing the Sum Assured (subject to the minimum Sum Assured of the basic plan) and receive the partial Cash Surrender Value in a lump sum. The Sum Assured of the basic plan after the partial surrender will be reduced accordingly.", "available": true }, "source_page": 3, "automatic_premium_loan": { "text": "For premiums that are due for payment and the Life Assured does not satisfy the unemployment conditions, You still need to pay the premiums or Automatic Premium Loan will be advanced to pay for the overdue premiums.", "available": true } }, "suicide_clause": { "source_page": 9, "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 void from the date immediately prior to the date of death.", "exclusion_period_months": 12 }, "document_metadata": { "product_full_name": "Singlife Smart Saver", "insurer_legal_entity": "Singapore Life Ltd.", "product_summary_pdf_url": "https://singlife.com/en/claims" }, "terminal_illness_benefit": { "available": true, "source_page": 2, "acceleration_percent": 100, "qualifying_definition": "\"Terminal Illness\" any condition caused by illness or injury, where at the time of claim, despite all reasonable medical treatment, the Life Assured is expected to live for no more than 12 months. The specialist medical practitioner treating the condition must provide supporting evidence of the condition, possible medical treatment, the prognosis after undergoing the possible medical treatment, and certify that the Life Assured is expected to live for no more than 12 months despite all possible medical intervention. We reserve the right to appoint an independent medical specialist who is an expert in the condition to confirm the diagnosis and prognosis. Terminal Illness in the presence of Human Immunodeficiency Virus (HIV) infection is excluded." } }, "confidence_tier": "verified" }