# Singlife Steadypay Saver **Insurer:** Singlife (Singapore Life Ltd.) **MAS licence:** — **Insurer product page:** https://www.comparefirst.sg/wap/prodSummaryPdf/196900499K/SinglifeSteadypaySaver_PS_Dec25.pdf ## Source wording - **Effective from:** (not stated in document) - **Ingested:** 2026-06-05 - **PDF source:** https://www.comparefirst.sg/wap/prodSummaryPdf/196900499K/SinglifeSteadypaySaver_PS_Dec25.pdf - **PDF sha256:** `38f1b57257ec22809054231b86ca1fde63af9e81561dc41adbebdf98ee398271` - **Extraction confidence:** verified ## Extracted facts ### claims ```json { "source_page": 7, "direct_settlement": true } ``` ### riders ```json [ { "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 ```json { "period_days": 14, "source_page": 7, "refund_basis": "Within 14 days after You have received the Policy, You may write to Us to cancel Your Policy. We will refund the premium(s) You paid (without interest) after deducting any expenses We incurred in assessing the risk under Your Policy and 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 prior to the date of death.", "source_page": 6 }, { "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": 6 }, { "text": "Terminal Illness in the presence of HIV infection is excluded.", "source_page": 6 } ] ``` ### cash values ```json { "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": 1, "par_fund_name": "Singapore Life Ltd.'s Participating Fund" }, "guaranteed_surrender_value": { "basis": "The Policy will acquire a cash value from the start of the 3rd Policy Year onwards as long as the premiums are paid up-to-date. The Guaranteed Cash Surrender Value is used in the Death Benefit calculation as the higher of 101% of Total Premiums Paid less Guaranteed Cash Benefits paid, or the Guaranteed Cash Surrender Value.", "available": true, "source_page": 1 } } ``` ### 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": 2 } ``` ### product type ```json "endowment" ``` ### underwriting ```json { "source_page": 1, "pre_existing_treatment": "Guaranteed issuance upon application. No medical underwriting is required." } ``` ### policy basics ```json { "maximum_entry_age": { "basis": "age-next-birthday", "years": 68, "source_page": 2 }, "minimum_entry_age": { "basis": "age-next-birthday", "years": 1, "source_page": 2 }, "maximum_policy_term_years": 25, "minimum_policy_term_years": 12 } ``` ### premium terms ```json { "cpf_eligible": { "srs": false, "special_account": false, "ordinary_account": false }, "payment_modes": [ "annual", "semi-annual", "quarterly", "monthly" ], "premium_term_options": [ { "label": "12-pay", "description": "limited premium payment term of 12 years", "source_page": 2 }, { "label": "15-pay", "description": "limited premium payment term of 15 years", "source_page": 2 }, { "label": "18-pay", "description": "limited premium payment term of 18 years", "source_page": 2 }, { "label": "25-pay", "description": "limited premium payment term of 25 years", "source_page": 2 } ], "premium_review_clause": { "text": "Premium rates are guaranteed throughout the premium payment term.", "reviewable": false, "source_page": 2 } } ``` ### non forfeiture ```json { "paid_up": { "text": "Not mentioned in the product summary.", "available": false }, "source_page": 3, "extended_term": { "text": "Not mentioned in the product summary.", "available": false }, "automatic_premium_loan": { "text": "Not mentioned in the product summary.", "available": false } } ``` ### suicide clause ```json { "source_page": 6, "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 prior to the date of death.", "exclusion_period_months": 12 } ``` ### document metadata ```json { "product_full_name": "Singlife Steadypay Saver", "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": 1, "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.*