Invest Flex
Build your wealth with a flexible investment-linked plan
tailored to today’s unpredictable times.
INVESTMENT-LINKED PLAN
Invest Flex
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?
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 later1.
A survey revealed close to half (45%)
of Singaporeans2 say they do not have
enough funds to meet family needs
for the next year. How can you boost
your savings to meet your needs
for you and your family?
Invest Flex
Seek opportunities to grow wealth by kick-starting your investment journey from
as low as $200 a month. In today’s unpredictable times, you can cultivate growth
with Invest Flex as you choose your minimum investment period (MIP).
This regular premium3 investment-linked plan offers you the flexibility you need
while investing so you can achieve your investment goals, even when life throws
you a curveball.
Why is it good for me?
1 Flexibility to take a premium holiday4 at no charge for up to 120
months from the 5th policy anniversary
2 Enjoy an investment bonus of up to 60.0% of your
regular premiums paid for the 1st policy year
3 Provide 0.5% annual loyalty bonus5 starting from the
10th policy anniversary or the end of the MIP, whichever is later
4 Maximise your investment with up to 105% of your
regular premiums paid to purchase units
5 Adapt to life’s uncertainties with Life Event Withdrawal Benefit6
6 Continuity of wealth accumulation with a secondary insured7
Invest Flex
Be empowered with the flexibility you need to grow your wealth
Invest Flex gives you the flexibility to build your wealth the way you want.
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, take a break from paying premiums with no premium holiday charges4 from the 5th
policy anniversary. 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 cannot be changed.
Enjoy investment bonus
Accumulate your wealth with an investment bonus! Receive up to 60.0% 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 6.0% 10.0% 25.0% 15.0% 45.0% 30.0% 60.0%
Invest Flex
Get rewarded with our loyalty bonus
Receive an annual loyalty bonus5 of 0.5% of your policy value from the 10th policy anniversary or at
the end of MIP, whichever is later. The bonus will be used to invest according to the chosen funds.
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 continue to invest after paying premiums for 10 years, you can get up
to 105% of your regular premiums to purchase units.
Adapt to life’s uncertainties
Have the option to withdraw some of your investments at no charge when any specified life
event6 occurs during the MIP. Some life events include turning 21 years old, getting married,
purchasing a residential property or becoming a parent.
Continuity of wealth accumulation with a secondary insured
You can appoint your loved one as a secondary insured7 so your policy can continue in the event
of the death of the insured.
Protection in case of death or terminal illness
Invest Flex provides coverage10 of death or terminal illness, 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.
Invest Flex
Fund management expertise
We have a wide range of funds for you to choose from to best match your goals and investment
risk appetite. You can also relax knowing that our team of experienced investment professionals
are continuously monitoring each fund and taking care of your investment. At Income, we also
work with world class asset managers to deliver long-term investment value for policyholders.
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
How Invest Flex helps you grow your wealth and secure a legacy for
your next generation
Mr Lee, age 45, non-smoker, is a business owner and a father of a 5 years old girl, Alice.
He is looking for an investment-linked plan to help grow his wealth and to leave a legacy for his child.
He signs up for Invest Flex plan with a MIP of 10 years and an annual premium of $10,000.
He appoints his daughter Alice as the secondary insured7.
Policy Value ($)
326% of net
premium(s)
Age 45 paid
Mr Lee signs up for
Invest Flex plan
and receives an Age 75
investment bonus Total illustrated
of 25% of his policy value after
regular premiums partial withdrawal:
to purchase Age 66 $782,86611
additional units. Mr Lee assigns the
policy’s ownership (Non-guaranteed
Total Investment and illustrated at
to Alice, age 26.
Bonus = $2,500 Age 55 investment return
Age 56 Alice continues to
Mr Lee continues pay the annual of 8.00% p.a.)
After 10 years Net premium(s)
to pay his annual premium, and
of payment, paid: $240,000
premium after his Income will invest
Income will
MIP ends. 105% of her
invest 102%
Age 50 Illustrated policy annual premium.
of his annual
Mr Lee’s business value: $116,87211 premium.
is not doing well,
(Non-guaranteed
and he has Age 75
and illustrated at
difficulty paying Mr Lee passes away, and the
investment return
his premium. policy continues with Alice as
of 8.00% p.a.)
Hence, he takes a the insured. Alice decides to do
premium holiday4 a partial withdrawal of $50,000
of 12 months at from the policy to use the
no charge before money and further her studies.
his business
improves.
Yearly loyalty bonus5 of 0.5% of his policy value.
Mr Lee’s
45 50 55 56 66 75 age
(MIP ends)
Policy fees and charges apply. Please refer to the policy conditions for further details.
Diagram is not drawn to scale. The figures used are for illustrative purposes only, are non-guaranteed and rounded to the
nearest dollar.
Should the illustrated investment rate of return be 4.00% p.a., the illustrated policy value would be $93,63312 at Mr Lee’s age
of 55 and $374,68812 after the partial withdrawal of $50,000 at Mr Lee’s age of 75. Should there be insufficient units to pay for
policy fees and charges, the policy may end prematurely after MIP.
Invest Flex
IMPORTANT NOTES
1 Principles for Successful Long-term Investing, J.P. Morgan Asset Management.
2 Close to half of Singaporeans don’t have enough savings to tide through an emergency: Survey, ST Online, 29 Nov 2022
3 The policyholder must pay for the first regular premium at the time the policyholder applies for this policy. Income 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.
4 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.
5 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 life events withdrawal benefit, for the past 12
months before the date for the loyalty bonus payment.
6 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.
7 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.
8 Income may set a minimum amount for each top-up. Income will use 100% of the top-ups to buy units (at the bid price) in the
funds the policyholder chooses. When Income work out any claim benefit, Income will not consider any top-ups that were
made after Income are 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 premium holiday.
9 The policyholder may switch between funds at any time. If the policyholder is not switching out of a fund completely, Income
may tell the policyholder to leave a minimum amount in that fund. Income may charge the policyholder a small amount and
set a minimum amount for each switch. Please refer to the policy conditions for further details.
10 If the insured becomes terminally ill or dies within one year from the cover start date, Income will pay the policy value less
any bonus at the time Income was told about the claim. If the insured becomes terminally ill or dies after one year from the
cover start date, Income will pay 101% of net premium(s) paid or the policy value at the time Income was told about the claim,
whichever is higher. Income will take off any fees and charges which apply to your policy. The policy will end when Income
make this payment.
11 This figure is based on 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 1.30% p.a. The performance of
the funds is not guaranteed and the policy value may be less than the capital invested.
12 This figure is based on 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 1.30% p.a. The performance of
the funds is not guaranteed and the policy value may be less than the capital invested.
Invest Flex
IMPORTANT NOTES
This information is not to be construed as an offer or solicitation 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 persons.
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-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 1 June 2024
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
