Invest Flex Vantage
Invest flexibly and have the opportunity to receive
potential income streams from the 1st policy year
with dividend-paying funds1.
INVESTMENT-LINKED PLAN
Invest Flex Vantage
FOOD FOR THOUGHT
In the face of life’s unexpected turns
and ever-changing market conditions,
do you possess the adaptability to
navigate challenges and attain your
investment goals?
A survey2 revealed that 60% of
Singaporeans expect to work after
retirement. Do you have a sufficient
stream of income to sustain your
lifestyle after retirement?
Time is the greatest tool we have for
building wealth. Starting to invest early
allows you to take advantage of the power
of compounding and can help you achieve
your long-term goal at a lower cost. Based
on an illustration by J.P. Morgan Asset
Management, one who started investing
early ends up with nearly double the
amount of another individual who started
only 10 years later3.
Invest Flex Vantage
In the face of unexpected life events and ever-changing market conditions, it is
important for you to stay agile while growing your wealth with your investment.
Invest from as low as $200 a month, Invest Flex Vantage, a regular premium4
investment-linked plan, gives you the option to receive a potential income stream
from the 1st policy year with dividend-paying funds1 to supplement your life’s
expenses while offering the flexibility to achieve your investment goals, even when
life throws you a curveball.
Key Benefits
1 Option to receive a potential income stream from the 1st policy
year with dividend-paying funds1
2 Maximise your investment with up to 105% of your regular
premiums paid to purchase units
3 Charge-free partial withdrawals when a specified life event
occurs5
4 Flexibility to take a premium holiday6 at no charge for up to 120
months from the 5th policy anniversary
5 Enjoy an investment bonus of up to 55.0% of your regular
premiums paid for the 1st policy year
Provide a 0.5% annual loyalty bonus7 starting from the
6 10th policy anniversary or the end of the minimum investment period
(MIP), whichever is later
Invest Flex Vantage
Option to receive a potential income stream from the 1st policy year
with dividend-paying funds
Enjoy a wide range of funds to choose from, including dividend-paying funds1 and have the
option to receive potential dividend income from the 1st policy year. You can also relax knowing
that our team of experienced investment professionals continuously monitors each fund
and takes care of your investment. At Income Insurance, we also work with world-class asset
managers to deliver long-term investment value for policyholders.
Maximise your investment
Make the most of your investment by having 100% of your regular premiums invested from
the start of your policy. If you keep investing after paying premiums for 10 years, you will get
102% of your regular premiums to purchase units, and this increases to 105% after 20 years of
premiums.
Charge-free partial withdrawals when a specified life event occurs
Have the option to withdraw some of your investments at no charge when any specified life
event5 occurs during the MIP. Some life events include turning 21 years old, getting married,
purchasing a residential property or becoming a parent.
Invest Flex Vantage
Be empowered with the flexibility you need to grow your wealth
Tailor your investment to suit your lifestyle and preferences with the option to top up8 your
investments anytime. You also have the control of switching9 your investments between
available funds anytime at no charge9.
If you need to take a break from paying premiums from the 5th policy anniversary, you can do so
with no premium holiday charges6. The duration of the premium holiday period with no charge
depends on your chosen MIP. After which, the premium holiday charge will be applied if the
policy continues to be on premium holiday during the MIP.
MIP Premium holiday period (number of months) with no charge
5 years 0
10 years 60
15 years 60
20 years 120
MIP refers to the period you have chosen to pay regular premiums, and it cannot be changed.
Enjoy investment bonus
Accumulate your wealth with an investment bonus! Receive up to 55.0% of your regular
premiums paid for the 1st policy year to buy additional units in your chosen funds.
MIP 5 years 10 years 15 years 20 years
Minimum Regular Premium
$9,600 $6,000 $9,600 $3,600 $9,600 $2,400 $9,600
paid for the first 12 months
Investment Bonus Percentage 4.0% 5.0% 20.0% 10.0% 40.0% 25.0% 55.0%
Invest Flex Vantage
Get rewarded with our loyalty bonus
Receive an annual loyalty bonus7 of 0.5% of your policy value from the 10th policy anniversary
or at the end of the MIP, whichever is later. The bonus will be used to invest according to the
chosen funds.
Continuity of wealth accumulation with a secondary insured
You can appoint your loved one as a secondary insured10 so your policy can continue in the
event of the death of the insured.
Protection in case of death or terminal illness
Receive death or terminal illness coverage11, so there is peace of mind that your loved ones are
taken care of in the unfortunate event of the insured’s death or diagnosis of terminal illness.
You can also choose to enhance your coverage with optional riders available.
Application made easy
Enjoy hassle-free application with guaranteed acceptance. There is no need for any medical
check-up, which means you can start building your wealth with just a simple step.
Exclusive treats for Income policyholders
Every Income policyholder deserves to enjoy the finer things in life. Enjoy a wide range of
exclusive treats which are specially curated for you at income.com.sg/IncomeTreats.
Invest Flex Vantage
How Invest Flex Vantage helps you grow your wealth and build a
retirement nest
John, age 45, is looking for a plan to grow his wealth for his retirement and receive protection at the same
time. He signs up for Invest Flex Vantage plan with a MIP of 10 years and an annual premium of $12,000.
He selects a dividend-paying fund1 with an illustrated potential dividend payout of 7%^ p.a. and chooses to
receive the dividend payouts as his potential monthly income. On top of it, he is also covered against death
and terminal illness11.
Age 85
Policy Value ($) John passes away, his
family will receive the
John receives an death benefit11 of
investment bonus of 20% $450,460 and the policy
of his regular premiums to terminates thereafter.
purchase additional units. (If John is still alive at
Age 67
Total Investment Bonus = John retires and age 85, the illustrated
$2,400 continues receiving policy value is
his monthly $316,92612, and the
John receives a potential
dividend1 to total potential
dividend1 of $996¹² in the
supplement his dividends paid would
first policy year to fund his
Age 57 expenses. be $511,38112.)
lifestyle expenses.
After he
Age 50 Age 55 John continues to
completes
John got into an John continues to 10 years of
pay the annual 186%¹²
accident and was pay his annual premium. After he of net
premium
premium after his completes 20 years
hospitalised. He payment, premium(s)
decides to do a free MIP ends. of premium
Income
payment, Income paid
partial withdrawal5 of Illustrated policy Insurance will
$10,000 to help pay value: $73,25212 Insurance will invest
invest 102%
his medical bills. As 105% of his annual
John will also of his annual
John was financially premium paid.
receive an annual premium paid.
tight, he took a loyalty bonus7 of
premium holiday6 0.5% of the policy
of 24 months at value to invest.
no premium holiday
charge before his
financial situation
improved.
Yearly loyalty bonus7 of 0.5% of his policy value.
John’s
45 50 55 57 67 85 age
(MIP ends)
The dividend payouts John receives each year, at the respective ages, from the dividend-paying fund¹ he selected.
Age 50 Age 55 Age 60 Age 65 Age 70 Age 75 Age 80
$3,209¹² $5,957¹² $9,846¹² $13,532¹² $17,016¹² $20,059¹² $22,289¹²
Invest Flex Vantage
Policy fees and charges apply. Please refer to the policy conditions for further details.
Non-guaranteed, subject to declaration by the sub-funds and for illustration purposes.
^
Diagram is not drawn to scale. The figures used are non-guaranteed, illustrated at an investment return of 8% p.a. and rounded
to the nearest dollar.
Should the illustrated investment rate of return be 4.00% p.a., if the dividend payout is 4% p.a., John will receive a potential
dividend1 of $565¹³ in the first policy year at age 45, and the illustrated policy value would be $70,201¹³ at John’s age of 55. At
age 85, the illustrated policy value is $235,467¹³, and the total potential dividends paid is $258,531¹³. The dividend payouts John
receives each year would be $1,771¹³ at age 50, $3,260¹³ at age 55, $5,317¹³ at age 60, $7,179¹³ at age 65, $8,827¹³ at age 70,
$10,075¹³ at age 75 and $10,603¹³ at age 80. Both rates of return used (4% p.a. and 8% p.a.) do not represent the upper or lower
limits of the investment performance. Should there be insufficient units to pay for policy fees and charges, the policy may end
prematurely after the MIP.
IMPORTANT NOTES
1 Dividend refers to the distribution of certain funds that have a distribution option that Income Insurance may declare. The
policyholder will be entitled to receive these distributions if the policy has not ended and has units in these funds on the
declaration date of the distribution. The distribution amount will depend on the number of units the policyholder holds in
these funds on the date Income Insurance declares the distribution. The frequency and/or amount of distributions (if at all)
may be varied at Income Insurance's absolute discretion. Distributions are not guaranteed. Income Insurance may or may not
pay a distribution every year. If the distribution amount for a fund meets the minimum amount Income Insurance tells the
policyholder, the policyholder can choose to receive all future distributions from that fund as payouts.
Distributions may be made out of the income and/or capital of the sub-fund. Any payout of distributions from the capital of
the sub-fund may result in an immediate reduction of the net asset value per share/unit. Please refer to the policy conditions
for further details on the declaration of distributions, reinvesting distributions, and the applicable terms and conditions.
2 6 in 10 Singaporeans expect to work after retirement: HSBC survey, The Straits Times Online, 8 December 2023
3 Principles for Successful Long-term Investing, J.P. Morgan Asset Management.
4 The policyholder must pay for the first regular premium at the time the policyholder applies for this policy. Income Insurance
may set a minimum amount. The policyholder must then pay future premiums for the MIP chosen when they are due. The MIP
the policyholder has chosen cannot be changed. The policyholder will have 30 days as a grace period to make these payments
and may choose to continue paying regular premiums after the MIP.
5 During the MIP, the policyholder may choose to exercise a free partial withdrawal if the insured experiences a life event,
subject to the policy’s terms and conditions. Please refer to the policy conditions for further details on the life events and the
applicable terms and conditions.
6 If the policyholder still has not paid the premium after the grace period, the policy will enter into a premium holiday. During
this premium holiday, the policyholder can stop paying the premium provided the policy value is able to cover the fees and
charges that continue to be due on the policy. The premium holiday charge may be payable during the premium holiday if it
is within the MIP. From the 5th policy anniversary, the policyholder can take a premium holiday without any premium holiday
charge up to the specified period, according to the MIP selected. Please refer to the policy conditions for further details.
7 The loyalty bonus will be provided on the next working day from the 10th policy anniversary. The loyalty bonus is a percentage
of the policy value based on the anniversary. It will be used to invest in the funds the policyholder has chosen. The policy must
meet all the following conditions to receive the loyalty bonus:
a) The policy must not have ended when the loyalty bonus is provided.
b) The policyholder did not make any withdrawal, except withdrawal under the life events withdrawal benefit, for the past 12
months before the date for the loyalty bonus payment.
Please refer to the policy conditions for further details.
8 Income Insurance may set a minimum amount for each top-up. Income Insurance will use 100% of the top-ups to buy units (at
the bid price) in the funds the policyholder chooses. When Income Insurance works out any claim benefit, Income Insurance
will not consider any top-ups made after Income Insurance is told about the claim. Top-ups do not form part of the regular
premiums. The policyholder cannot make any top-ups when the policy is on a premium holiday.
Invest Flex Vantage
IMPORTANT NOTES
9 The policyholder may switch between funds at any time. If the policyholder is not switching out of a fund completely, Income
Insurance may tell the policyholder to leave a minimum amount in that fund. Income Insurance reserves the right to charge
the policyholder a small amount and set a minimum amount for each switch. Please refer to the policy conditions for further
details.
10 Only you as the policyholder (before the age of 65 years old), your spouse (before the age of 65 years old), or your child/ward
(before the age of 18 years old) can be the secondary insured at the time you exercise this option. You can exercise this option
to appoint a secondary insured no more than three times. Terms apply for the benefit. Please refer to the policy conditions
for further details.
11 If the insured becomes terminally ill or dies within one year from the cover start date, Income Insurance will pay the policy
value less any bonus at the time Income Insurance was told about the claim. If the insured becomes terminally ill or dies after
one year from the cover start date, Income Insurance will pay 101% of the net premium(s) paid or the policy value at the time
Income Insurance was told about the claim, whichever is higher. Income Insurance will take off any fees and charges that apply
to your policy. The policy will end when Income Insurance makes this payment.
12 This figure is based on an illustrated investment return of 8.00% per annum. The rate of return used is before deducting
the annual management fees of the funds. The figures above assume that the annual management fee is 1.50% p.a. The
performance of the funds is not guaranteed, and the policy value may be less than the capital invested.
13 This figure is based on an illustrated investment return of 4.00% per annum. The rate of return used is before deducting
the annual management fees of the funds. The figures above assume that the annual management fee is 1.50% p.a. The
performance of the funds is not guaranteed, and the policy value may be less than the capital invested.
This information is not to be construed as an offer, recommendation, solicitation or advice for the subscription, purchase or sale
of any investment-linked plan (ILP) sub-fund. The information and descriptions contained in this material are provided solely for
general informational purposes and do not constitute any financial advice. It does not have regard to the specific investment
objectives, financial situation, and particular needs of any person.
Investments are subject to investment risks including the possible loss of the principal amount invested. Before committing to the
minimum investment period, you may want to consider how long is your investment expectations or needs and whether you are
able to keep up with the premium payment should your financial situation changed. Past performance, as well as the prediction,
projection or forecast on the economy, securities markets or the economic trends of the markets are not necessarily indicative
of the future or likely performance of the ILP sub-fund. The performance of the ILP sub-fund is not guaranteed and the value
of the units in the ILP sub-fund and the income accruing to the units, if any, may fall or rise. A product summary and product
highlights sheet(s) relating to the ILP sub-fund are available and can be obtained from your insurance advisor or online at income.
com.sg/funds. A potential investor should read the product summary and product highlights sheet(s) before deciding whether to
subscribe for units in the ILP sub-fund.
This is for general information only. You can find the usual terms, conditions and exclusions of this plan at income.com.sg/invest-
flex-vantage-policy-conditions.pdf. All our products are developed to benefit our customers but not all may be suitable for your
specific needs. If you are unsure if this plan is suitable for you, we strongly encourage you to speak to a qualified insurance advisor.
Otherwise, you may end up buying a plan that does not meet your expectations or needs. As a result, you may not be able to
afford the premiums or get the insurance protection you want. Buying a life insurance plan is a long-term commitment on your
part. If you cancel your plan prematurely, the cash value you receive may be zero or less than the premiums you have paid for the
plan.
Protected up to specified limits by SDIC.
This advertisement has not been reviewed by the Monetary Authority of Singapore.
Information is correct as at 23 July 2024.
Protected by copyright and owned by Income Insurance Limited.
Financial planning, made for
the moments that matter to you.
About Income Insurance
Income Insurance Limited (Income Insurance) is one of the leading composite insurers in Singapore,
offering life, health and general insurance. Established in Singapore to plug a social need for insurance
in 1970, Income Insurance continues to put people first by serving the protection, savings and
investment needs of individuals, families and businesses today. Its lifestyle-centric and data-driven
approach to insurance and financial planning puts the company at the forefront of innovative solutions
that empowers the people it serves with better financial well-being.
For more information, please visit income.com.sg
Get in touch
MEET your Income advisor
CALL 6788 1777
CHAT instantly at income.com.sg/advisor-connect
VISIT income.com.sg
Income Insurance Limited
UEN: 202135698W
Income Centre
75 Bras Basah Road Singapore 189557
Tel: 6788 1777
Fax: 6338 1500
Enquiries: income.com.sg/enquiry
