NTUC Income Singapore (Insurance)Retirement Income (Policy)

NTUC Income VivoWealth Solitaire – Single Premium, Lifetime Income.

Choose to recieve cash payouts of up to 4.2% of your net single premium or accumulate it at an interest rate of up to 3.25% p.a.

NTUC Income VivoWealth Solitaire provides a lifetime of monthly cash payouts (Up to 4.2% of your net single premium) with just a single premium.

By InsuranceFIRST Last updated Jul 5, 2021

Welcome wealth on your own terms, with VivoWealth Solitaire. Sustainable success doesn’t just happen by chance. It happens by choice. Make your astute choice today and get an unparalleled advantage for what’s to come, be it rain or shine.

Premium term (You pay an insurance premium for): Single lump sum
Policy term (You receive a retirement income for): For a lifetime
Retirement income payout age: As soon as after the 6th policy year
Retirement income payout mode: Monthly

Cash value and Withdrawal benefit(s)	Yes	No
NTUC Income VivoWealth Solitaire (Product details at a glance)
100% Principle guaranteed at maturity
Partial withdrawal/ cash benefits
General savings feature(s)	Yes	No
Short premium/ savings terms (less than 5 years)
Long-term/ lifetime wealth accumulation
Health and Insurance Coverage(s)	Yes	No
Bundled with death/ TI/ TPD and/or CI coverage		X
Guaranteed issurance irregardless of health
Optional insurance rider(s)	Yes	No
Insurance riders to enhance coverage		X
Additional product feature(s)	Yes	No
Single premium only
Option to reinvest your retirement income
Accidental death and TPD coverage
Special cash benefits
Centennial maturity benefit
No medical underwriting required

Supplementary details: NTUC Income VivoWealth Solitaire product brochure

Additional product feature(s) on NTUC Income VivoWealth Solitaire

Detailed features and unique selling points of NTUC Income VivoWealth Solitaire:

Single premium only

By paying a single lump-sum premium, you can receive a lifetime of income (from the 6th policy year) of up to 4.2% of your single premium.
You can also surrender your policy in the later years for its accumulated cash value.

Option to reinvest your retirement income

Enjoy the option of reinvesting your monthly or yearly retirement income with NTUC Income at a non-guaranteed rate of up to 3.25% p.a.

Accidental death and TPD coverage

If accidental death or TPD occurs before age 70, NTUC Income will pay 105% of the net single premium in addition to the death benefit or TPD benefit respectively.

Special cash benefits

You will receive a guaranteed special cash benefit (on the 21st and 31st policy year) equivalent to 1.56% of your net single premium on top of the monthly cash payout.

Centennial maturity benefit

You will receive 105% of the net single premium paid and a non-guaranteed terminal bonus when you reach 100 years old and your policy matures.

No medical underwriting required

You can purchase this plan irregardless of your health condition with no medical checkup required.

Additional riders for NTUC Income VivoWealth Solitaire

The following riders can be added on to your NTUC Income VivoWealth Solitaire at an additional cost for greater assurance to your retirement goals:

Not applicable

Who should take up an NTUC Income VivoWealth Solitaire

NTUC Income VivoWealth Solitaire is a retirement income plan. This category of insurance plans are suitable or unsuitable depending on the following factors:

NTUC Income VivoWealth Solitaire is suitable for

Mid to long term wealth enhancement
Providing a retirement income for a lifetime
Mid to long term savings commitment period (Up to 6 years before first retirement income payout)
Retirement product with monthly guaranteed cash benefits in your retirement years
Hassle-free application without medical underwriting (If no riders are added)
Do not need access or partial withdrawal on your savings until your retirement age

NTUC Income VivoWealth Solitaire is not suitable for

High insurance protection and coverage
Providing additional guaranteed income payout in the event of disability
Investment product with potentially higher returns and risk
High surrender value in the early years of the policy

Sample policy illustration for NTUC Income VivoWealth Solitaire

Coming soon.

Learn more about NTUC Income VivoWealth Solitaire

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