Make advance payment of your policy premiums.
Depending on the features of your policy, you may have the option to make payment of your second-year annual premium in advance to enjoy interest on the prepaid amount. Our current interest rate is 1 percent and is non-guaranteed. Please note that this facility is available only to new applications of traditional life insurance and endowment plans.
You may be required to pay an additional amount if the interest rate decreases. If there is an increase in the interest rate, the excess amount may be used to offset future premiums or be refunded to you.
If you wish to make an advance payment, please complete the and return it to us by mail or email.
2. If the prepayment amount is S$50,000 and more, supporting documents such as the evidence of title, copies of trust deeds, audited accounts, salary details, tax returns or bank statements must be provided.
3. For a third-party payor, please enclose a copy of the payor’s NRIC, passport or evidence of incorporation, ownership, shareholdings and directorships (where applicable).