The savings plan with insurance coverage that works harder for you. High returns and regular payouts to meet your long-term investment goals. Whether you're saving up for your child's education or your retirement, SAIL (Save As I Like) is a single premium savings plan that lets you relax and look forward to a regular income for your retirement. |
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Flexible saving options You choose the savings term and amount. |
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Your returns – your way, up to 4.10%* per annum
Lump sum payout or a stream of steady income over 20 years? You decide. |
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Hassle-free application** process
No medical checkup required** – start investing right away. |
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Added protection with insurance coverage
Additional insurance coverage for Death and Total and Permanent Disability (TPD before age 65). |
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Low minimum investment amount
Start with just a $5,000 commitment. |
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* The projected yield of 4.10% p.a. is based on a male, aged 35 with a single premium of $65,700 and the policyholder chooses to take the lump sum payment at the end of a 10-year savings term. Returns are not guaranteed. Figures used in the illustration are rounded off to the nearest hundred. |
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| ** Medical checkup and underwriting is not required for savings amounts up to $100,000. |
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| Disclaimers |
This plan is underwritten by NTUC Income and acceptance of the proposal is subject to underwriting. Buying a life insurance is a long-term commitment. An early termination of the policy usually involves high costs and the surrender value payable may be less than the total premiums paid.
No representation or warranty whatsoever (including without limitation any representation or warranty as to accuracy, usefulness, adequacy, timeliness or completeness) in respect of any information (including without limitation any statement, figures, opinion, view or estimate) provided herein is given by SBI and it should not be relied upon as such. SBI does not undertake an obligation to update the information or to correct any inaccuracy that may become apparent at a later time. SBI shall not be responsible or liable for any loss or damage whatsoever arising directly or indirectly howsoever in connection with or as a result of any person acting on any information provided herein. |
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Maximum entry age: 55 Years (subject to plan period ie customer must not be more than 85 years when payout period ends) (age last birthday) |
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| Documents to be submitted along with the application form (originals to be produced for face to face verification) |
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Singaporeans / Permanent Residents: |
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- Photocopy of NRIC, both sides (The NRIC should have latest address of the applicant) |
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Non – Singaporeans |
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- Photocopy of Passport or |
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- Photocopy of Employment Pass / Work Permit / Dependant Pass and |
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- Document proof of address (i.e. utility bill, driving license etc.), if not same as in Employment Pass / Work Permit / Dependant Pass |
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| Walk in to any of our branches to talk to our Relationship Managers |
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