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Life Insurance: Summary of Your Inforced Policies With Income As of 17 Jul 2021 Toh Qin-Zhen (Zhuo Qinzhen)

Toh Qin-Zhen has two life insurance policies with Income as of July 17, 2021. The first is a GRO Retire Ease policy that started in 2020 with a net cash value of $1,532.73 and an annual premium of $5,314.40. The second is a Dread Disease Premium policy that also started in 2020 with an annual premium of $185.45. Both policies have waiver benefits and are protected under Singapore's Policy Owners' Protection Scheme.

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0% found this document useful (0 votes)
54 views

Life Insurance: Summary of Your Inforced Policies With Income As of 17 Jul 2021 Toh Qin-Zhen (Zhuo Qinzhen)

Toh Qin-Zhen has two life insurance policies with Income as of July 17, 2021. The first is a GRO Retire Ease policy that started in 2020 with a net cash value of $1,532.73 and an annual premium of $5,314.40. The second is a Dread Disease Premium policy that also started in 2020 with an annual premium of $185.45. Both policies have waiver benefits and are protected under Singapore's Policy Owners' Protection Scheme.

Uploaded by

Toh Qin-Zhen
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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TOH QIN-ZHEN (ZHUO QINZHEN)

Summary of your inforced policies with Income as of 17 Jul 2021

LIFE INSURANCE
Policy Insured Name/ Start Date/ Sum Total Market Your Freq
Number Policy Description End Date Assured($) Bonus($) Value/ Premium($)
Net Cash
Value($)

Singapore Dollar (SGD)

TOH QIN-ZHEN (ZHUO QINZHEN)


1007795665 GRO RETIRE EASE 24/05/2020 N.A 0.00 1,532.73 5,314.40 YRLY
23/05/2073
DREAD DISEASE PREMIUM 24/05/2020 5,314.40 - - 185.45 YRLY
WAIVER 23/05/2048

NOTES

For a Life policy, Net Cash value is an indicative figure which includes cash value of sum assured and bonus (if any), after deducting
outstanding loan. If premium frequency is non-monthly, it is adjusted to its present value. Any deposited cash benefits with interest
are not included.

Sum assured is not applicable for DreamSaver, SAIL, FlexRetire, VivoWealth Solitaire, Grandeur Solitaire, Wealth Solitaire, Gro
Retire Ease, Gro Retire Wise and RevoRetire policies. If the sum assured is displayed as N.A, your insurance coverage is based on a
percentage of total premiums paid.

For an ILP policy, Market value depends on the unit price, subject to any loan deduction and applicable charges. Unit price is based
on forward pricing and not available at the time of transaction.

For other policy details not reflected in this PDF, you may refer to your policy documents or via me@income. Should you have further
queries, you could send us your query, by clicking here and we will attend to it as soon as possible.

This policy summary is meant as a simplified description of the insurance cover under the policyholder’s respective policies based on
our records as at 17 Jul 2021. It is not an insurance contract, and does not have any legal effect. Please refer to the relevant policy
contract for the full and precise terms, conditions and exclusions under the policy.

This policy/policies is/are protected under the Policy Owners' Protection Scheme which is administered by the Singapore Deposit
Insurance Corporation (SDIC). Coverage for your policy is automatic and no further action is required from you. For more information
on the types of benefits that are covered under the scheme as well as the limits of coverage, where applicable, please contact Income
or visit the GIA/LIA or SDIC web-sites (www.gia.org.sg or www.lia.org.sg or www.sdic.org.sg).

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