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Key features for Our Top 2 Legacy Products NTUC Income: Wealth Solitaire & China Taiping: Infinite Harvest (II)
Up to 4.2% p.a. cash benefit after Year 5.
Pass on cash benefit to future generations
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Single Premium & Guaranteed acceptance
Online application
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Why Apply for Wealth Solitaire or Infinite Harvest (II)
Wouldn't it be nice to have a growing asset that gives you both liquidity and the ability to gift lifelong income to your next generation?
If you are looking to secure your income in your retirement and pass on lifelong income to your children/grandchildren, you can consider NTUC Income's Wealth Solitaire or China Taiping's Infinite Harvest (II). Why these products are great:
- Cash benefits of up to 4.2% p.a. of your single premium after Year 5
- Choice to receive the monthly payout or accumulate it with the insurer at the prevailing non-guaranteed interest rate
- Pass on this lifelong income to the next generation. Maximise the payouts!
Check out our side by side comparison below and then get started by getting a quote above!
Apply now and enjoy our special InsureDIY promotion! Get up to $500 cashback on your application. Valid for successful applications up to 31 Dec 2020.
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Wealth Solitaire & Infinite Harvest (II)
Hassle-free application and guaranteed issuance (No medical underwriting requirements!)
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Case Study - Accumulation of Monthly Cash Benefit
Ms. A, age 35 signs up for a legacy retirement product with a Single Premium of $200,000. She names her daughter, Miss B, who is aged 1 as the Life Insured. From the start of the 6th policy year, the policy begins to pay monthly cash benefits.
Year 0
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Ms. A purchases a product with a Single Premium of $200,000 with her daughter as the Life Insured
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Ms. A (Age 35)
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Year 6
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As the Policy Owner, Ms. A starts enjoying the Monthly Cash Benefit.
She chooses the Cash Accumulation option and the Cash Benefit earns at the prevailing interest rate. (Click here to see a Case Study with the Cash Payout option.)
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Ms. A (Age 41)
Policy Owner
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NTUC Income
Wealth Solitaire
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Monthly Payment
Guaranteed: $260
Non-Guaranteed: $440
Total Monthly Payment: $700
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Prevailing Non-Guaranteed Interest Rate: 3.25% p.a. |
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China Taiping
Infinite Harvest
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Monthly Payment
Guaranteed: $263.34
Non-Guaranteed: $436.66
Total Monthly Payment: $700
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Prevailing Non-Guaranteed Interest Rate: 3.5% p.a. |
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Year 10
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In the event that Ms. A decides to surrender her policy in policy year 10, the relevant policy values are:
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Ms. A (Age 45)
Policy Owner
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NTUC Income
Wealth Solitaire
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China Taiping
Inifinite Harvest (II)
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Guaranteed Surrender Value
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$175,600
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$175,800
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Non-Guaranteed Surrender Value
(Illustrated at 4.75% investment return)
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$73,605
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$42,693
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Total Surrender Value
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$249,205
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$218,493
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Year 21 & Year 31
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Ms. A receives the Special Cash Benefit in the 241st and 361st policy month for her NTUC Income Wealth Solitaire policy, equivalent to 1.56% of the Single Premium invested per Special Cash Benefit paid.
She chooses to continue accumulating this Special Cash Benefit.
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Ms. A (Age 56, Age 66)
Policy Owner
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NTUC Income
Wealth Solitaire
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Special Cash Benefit
Month 241: $3,120
Month 361: $3,120
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China Taiping
Infinite Harvest
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Not Applicable
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Year 35
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When Miss B turns 36, Ms A decides to withdraw the accumulated Cash Benefits for Miss's A purchase of her dream house.
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Ms. A (Age 70)
Policy Owner

Miss B (Age 36)
The Insured
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NTUC Income
Wealth Solitaire
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Guaranteed Accumulated Cash Benefit: $99,840
Non-Guaranteed Accumulated Cash Bonus^: $158,400
Non Guaranteed Accumulated Interest^: $173,972
Total Accumulated Cash Payout: $432,212
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^ Cash Bonus projected is at illustrated investment return of 4.75%
Accumulated Interest of: 3.25% p.a.
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China Taiping
Infinite Harvest (II)
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Guaranteed Accumulated Cash Benefit: $94,802
Non-Guaranteed Accumulated Cash Bonus^: $157,197
Non Guaranteed Accumulated Interest^: $189,808
Total Accumulated Cash Payout: $441,807
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^ Cash Bonus projected is at illustrated investment return of 4.75%
Accumulated Interest of: 3.5% p.a.
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Year 35
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Ms. A (age 70) changes the Policy Owner to Miss B, her daughter. Miss B begins to receive the Monthly Cash Benefit and she chooses to withdraw these.
The current policy cash values, should she choose to surrender the policy are as follows:
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NTUC Income
Wealth Solitaire
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China Taiping
Infinite Harvest (II)
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Guaranteed Surrender Value
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$163,120
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$212,952
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Non-Guaranteed Surrender Value (Illustrated at 4.75% investment return)
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$89,280
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$89,399
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Total Surrender Value* at the end of this policy year 40
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$252,400
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$302,351
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Miss B (Age 36)
Policy Owner, the Insured
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Miss B keeps enjoying the Monthly Cash Benefit even after Ms. A passes away.
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Year 85
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Scenario 1: Death of Miss B at Age 86
Assuming Miss B passes away at age 86, her children (Ms. A's grandchildren) will receive a death benefit and the policy terminates thereafter.
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NTUC Income
Wealth Solitaire
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China Taiping
Infinite Harvest
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Guaranteed Death Benefit
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$213,120
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$241,269
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Non-Guaranteed Death Benefit (Illustrated at 4.75% investment return)
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$544,080
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$313,596
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Total Death Benefit at Age 86
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$757,200
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$554,865
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Total Monthly Cashbacks withdrawn
- Withdrawn at Age 36:
- Withdrawn Monthly thereafter:
- Total:
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$432,212
$420,000
$852,212
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$449,168
$426,600
$875,768
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Total Payout Received
(Total Cash Benefits Received + Death Benefit)
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$1,609,412 |
$1,430,633 |
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Miss B (Age 86)
Policy Owner, the Insured
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Year 99
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Scenario 2: Miss B survives to Age 100
Miss B will continue to receive the Monthly Cash Payout until Age 100 for NTUC Income's Wealth Solitaire, upon attainment of Age 100, she will receive a Centennial Maturity Benefit.
Miss B continues receiving the Monthly Cash Payout for the rest of her life under China Taiping's Inifinite Harvest. Upon Death, a Death Benefit will be paid out. Assuming she passes away at Age 100, the Death Benefit is $630,072 (Guaranteed = $250,476 + Non-Guaranteed = $379,596)
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NTUC Income
Wealth Solitaire
Maturity Benefit at Age 100
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China Taiping
Infinite Harvest
Death Benefit at Age 100
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Guaranteed Benefit
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$213,120
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$250,476
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Non-Guaranteed Benefit (Illustrated at 4.75% investment return)
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$1,067,280
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$379,596
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Total Maturity / Death Benefit at Age 100
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$1,280,400
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$630,072
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Total Monthly Cashbacks withdrawn
- Withdrawn at Age 36:
- Withdrawn Monthly thereafter:
- Total:
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$432,212
$537,600
$969,812
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$449,168
$546,048
$995,216
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Total Payout Received
(Monthly Cashback Received + Surrender Value)
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$2,250,212
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$1,625,288
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Miss B (Age 100)
Policy Owner, the Insured
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* For reference only, all figures shown in the graph above are rounded to the nearest whole number. The figures include non-guaranteed components illustrated assuming that the insurers earn an investment return of 4.75%.
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Product Analysis
What are the key strengths and weaknesses of these two Legacy Retirement products?
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Exclusive InsureDIY Promotion
Get up to $500 cashback on your policy! Valid for sucessful applications up to 31 Dec 2020.
You can now also use your existing DIY$ to get cash rebates on Wealth Solitaire and Infinite Harvest and get 25% boost up on your points!
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Referral Program
Wealth Solitaire and Infinite Harvest are also eligible for the Refer a Friend program. Refer your friends and family and get DIY$10 for each referral.
DIY$ can be exchanged for vouchers including InsureDIY vouchers, NTUC Fairprice and Cold Storage vouchers. Check out our rewards catalogue here.
How to refer: Simply ask your friend to select "Referral" when getting a quote and key in your email address or referral code in the Referral Code box.
Only applicable if your friend has not bought any insurance policy or unit trust through InsureDIY before. DIY$ will only be awarded after the free-look period.
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A recording of the webinar will be available soon! Check back here tomorrow.
Wouldn't it be nice to have a growing asset that gives you both liquidity and the ability to gift lifelong income to your next generation?
Join our webinar on 28 Oct 2020 8pm where InsureDIY will share how our clients have been using insurance products to pass on wealth to the next generation and PreceptsGroup will share about what to look out for when planning your estate.
7.50pm - 8.00pm
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Please join 5-10mins before
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8.00pm - 8.05pm
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Welcome and introduction
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8.05pm - 8.35pm
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How to receive life-long income and leave a legacy for future generations
- Step through and compare the features of Infinite Harvest and Wealth Solitaire
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8.35pm - 9.05pm
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PreceptsGroup: Writing a will: What do I need to know when planning my estate?
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9.05pm - 9.35pm
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Q&A
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If you are keen on this product, please do get a quote before the webinar so that you can ask questions related to your quotation.
About PreceptsGroup International
PreceptsGroup International (previously known as Rockwills Singapore Group of Companies) is an established full-fledged estate and succession planning service provider, covering wills, trusts, estate administration, corporate services and education. Headquartered in Singapore and as a pioneer in providing estate and succession planning services in the region, clients are served by a team of over 600 Estate and Succession Practitioners.
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Here are some common questions about Wealth Solitaire and Infinite Harvest
1. Can the Monthly Cash Benefit be accumulated with the company to accumulate interest?
The plan is designed to pay out the MCB. However, the policy owner may choose to accumulate the Monthly Cash Benefit with the respective insurers at a non-guaranteed interest rate. China Taiping's current non-guaranteed interest rate is 3.5% p.a. while NTUC Income's current non-guaranteed interest rate is 3.25% p.a..
2. Can the policy owner request to change the Monthly Cash Benefit from a paid-out option to accumulated option and vice versa after the policy is incepted?
Yes, the policy owner may request to change the paid-out option to accumulated option anytime during the payout period and vice versa.
3. Can the accumulated Monthly Cash Benefit be withdrawn at any time?
Yes. Partial or full withdrawal of the accumulated Monthly Cash Benefit is allowed at anytime during the policy term.
4. Does the policy owner need to provide proof of survivorship on the life insured to receive the Monthly Cash Benefit?
The insurer reserves the right from time-to-time to request for satisfactory proof that the life insured is alive before paying the Monthly Cash Benefit.
5. What happens if the insuerer is not notified immediately of the life insured’s death and continues to pay out the Monthly Cash Benefit?
Any Monthly Cash Benefit paid on or after the date of the life insured’s death will be deducted from the death benefit proceeds
6. Can I change the Life Insured?
No, once the policy is incepted, the Life Insured cannot be changed.
7. What is the purpose of appointing different Policy Owners and is there a limit to the number of times the Policy Owner can be changed?
The Policy Owner will be the person receiving the Monthly Cash Benefits. No, there is no limit to the number of times the Policy Owner can be changed.
8. I want to purchase this plan with the intention of passing on my legacy to my Grandchild. How can I do this?
This can be done by setting up the policy with your Grandchild as the Life Insured and your son/daughter (your Grandchild's parent) as the Policy Owner. The policy can immediately be assigned* to yourself upon inception. This transfers the ownership rights to you and will mean that the Monthly Cash Benefits will be received by yourself. This allows you to enjoy the Monthly Cash Benefits in your retirement.
You can also be the payor of the policy, and this will be clearly stated in the policy documents.
The policy can be assigned back to your son/daughter at any point over the policy term, and even directly to the your Grandchild if he/she is above the age of 18.
* Subject to T&Cs on absolute assignment.
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InsureDIY is a Broker and Exempt Financial Adviser licensed by Monetary Authority of Singapore. This advertisement has not been reviewed by the Monetary Authority of Singapore.
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