MyRetirement

Benefits of MyRetirement

Everyone looks forward to retiring comfortably, but life does not always go according to plan.

At DBS Treasures, we understand that you are used to enjoying the finer things in life. MyRetirement is a participating life insurance endowment plan that can help provide a better future even with life expectancy, inflation and medical expenses on the rise.

• Fixed yield of up to 2.38% p.a.¹
• Freedom to choose your retirement age – 50, 55, 60, 65, 70 & 75 Age Next Birthday (ANB)
• Choice of premium term options – 8 years or regular payment up to 5 years before your selected retirement age
• Monthly Guaranteed Retirement Income Benefit² for 10 years
• Receive an additional maturity payout³ upon policy maturity at the end of the 10th year after your selected retirement age
• Enjoy protection coverage⁴ during the accumulation period and retirement income period
• Guaranteed issuance with no medical underwriting required

¹ The fixed yield varies depending on the age, policy term, premium term options and premium payment frequency. The maximum fixed yield of 2.38% p.a. is applicable only upon policy maturity and based on the assumption that a male, aged 17 (ANB), took up an 8-year limited premium payment option for the MyRetirement plan based on annual payment mode and has opted for the Retirement Age of 75 years old (ANB) to receive a monthly income of S$1,000 per month for 10 years.

² The minimum Guaranteed Retirement Income Benefit per month you can choose from is S$500 per month. Payment of the monthly Guaranteed Retirement Income Benefit will start one month following your selected retirement age. Please refer to the "Risk Disclosure" and the Product Summary for details.

³ You will enjoy additional non-guaranteed benefits in the form of both Reversionary and Terminal Bonuses as Aviva Ltd distributes a share of its Participating Fund profit to you in the form of such bonuses. The Reversionary and Terminal Bonuses are non-guaranteed bonuses and depend on the performance of Aviva Ltd's Participating Fund. Reversionary Bonus is non-guaranteed, but once declared and vested, it forms part of the fixed benefit of the Policy. The actual benefits payable will depend on the future performance of Aviva Ltd's Life Participating Fund.

⁴ Covers Death and Terminal Illness. i) During the accumulation period, the protection coverage is the higher of 101% of Total Premiums Paid + Accrued Reversionary Bonus (if any) + Terminal Bonus (if any), or Cash Surrender Value, less any indebtedness. ii) During the retirement income period, the protection coverage is the higher of 101% of Total Premiums Paid + Accrued Reversionary Bonus (if any) + Terminal Bonus (if any) – Total Retirement Income paid out, or Cash Surrender Value, less any indebtedness.

⁵ This is based on the projected investment rate of return of 5.25% of the Life Participating Fund. Please refer to Benefit Illustration on the guaranteed and non-guaranteed benefits. The non-guaranteed benefits are projected based on estimated bonus rates and actual benefits payable will depend on the future performance of the Life Participating Fund.