Singapore · Topic
MWPA Trust Eligibility across Singapore life insurance products
Whether policy may be written under the Married Women's Property Act / Section 73 trust.
14 of 50 active products on the policy library surface a value for this topic. Each value is extracted from the insurer's Product Summary on compareFIRST.sg.
{"notes":"If you wish to make a nomination of beneficiary or create a trust under this policy, you must first revoke the appointment of the Secondary Insured. Secondary Insured cannot be appointed if a trust is created under this policy.","available":true,"source_page":3}
{"notes":"No mention of MWPA or Section 73 trust in the document.","available":false}
{"notes":"The appointment of the secondary life assured is subject to conditions including that your policy is not subject to a trust, and premiums for your policy are not paid from funds from an account operated under the Supplementary Retirement Scheme.","available":false,"source_page":3}
{"notes":"Not mentioned in the product summary.","available":false,"source_page":1}
{"notes":"You cannot appoint a Successor Life Assured if your policy already has a nomination of beneficiary or a trust has been created under your policy.","available":false,"source_page":5}
{"notes":"Not mentioned in the product summary.","available":false}
{"notes":"You cannot appoint a secondary life assured if your policy already has a nomination of beneficiary or a trust has been created under your policy. You cannot request for Wealth Share if there is pending claim under your base policy, your base policy already has a nomination of beneficiary, or a trust has been created under your base policy.","available":false,"source_page":7}
{"notes":"Not mentioned in the product summary text provided.","available":false}
{"notes":"Appointment of Secondary Life Assured, beneficiary nomination and trust creation are referenced as restrictions on certain features (e.g. Legacy Distribution Option cannot be exercised if a trust has been created), but no explicit MWPA / Section 73 trust offering is described in the document.","available":false,"source_page":7}
{"notes":"Not mentioned in this document."}
{"notes":"No mention of MWPA / Section 73 trust in this document.","available":false}
{"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}
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