Singapore · Topic
Policy Loan across Singapore life insurance products
Loan availability against cash value; interest rate; default treatment.
29 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.
{"available":true,"source_page":3,"interest_basis":"Interest-free loan granted equal to outstanding Deferred Premium Amount during Interest-free Repayment Period (12 months); thereafter outstanding amount becomes Automatic Policy Loan and starts to accrue interest at a rate not specified in this document."}
{"available":true,"source_page":10,"interest_basis":"Not specified in this document; presence of policy loan referenced in non-lapse guarantee conditions."}
{"available":true,"source_page":10,"interest_basis":"Interest charged on automatic premium loan; exact rate not specified in this document."}
{"available":true,"source_page":10,"interest_basis":"non-guaranteed loan interest will be charged"}
{"available":true,"source_page":5,"interest_basis":"non-guaranteed loan interest will be charged"}
{"available":true,"source_page":2,"interest_basis":"non-guaranteed loan interest will be charged"}
{"available":true,"source_page":5,"interest_basis":"non-guaranteed loan interest; yearly interest rate that may vary, accrues on a daily basis; Prudential will give three months' written notice of any rate change"}
{"available":true,"source_page":4,"interest_basis":"non-guaranteed loan interest rate; interest accrues on a daily basis; Prudential Singapore will give three months' written notice of any change in interest rate"}
{"available":true,"source_page":9,"interest_basis":"rates determined by us; the accumulated interest charged will be added as principal to the outstanding loan on each policy anniversary","max_percent_of_cash_value":90}
{"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}
{"available":true,"source_page":6,"interest_basis":"non-guaranteed interest rate determined by Us from time to time; prevailing minimum loan amount and Policy loan rate subject to changes according to Our prevailing terms and conditions","max_percent_of_cash_value":65}
{"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}
{"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}
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