• Receive monthly cash payouts¹ during your retirement, providing an illustrated total yield at maturity of up to 4.08% p.a. ^2,3
• Choose your premium payment terms and payout period to suit your budget and retirement needs.²
• First in Singapore to allow you to adjust when your cash payouts¹ may begin by up to 5 years^4,5 if you decide to retire earlier or later.
• Enjoy up to 12 months of financial relief through a premium waiver and the option to defer premiums in the event of retrenchment^6,7,8.
• Additional coverage against accidental death^6,9 and disability^6,10.
• Wealth accumulation continuity with a secondary insured¹¹.

Important Notes

¹The cash payouts consists of a monthly cash benefit and a non-guaranteed cash bonus..

²This is for illustration purposes only. The total yield at maturity is not guaranteed and is based on the assumption that the Life Participating Fund earns a long-term average return of 4.25% per annum for a male non-smoker, aged 40, who chooses a retirement age of 70, a payout period of 20 years and pays a single premium. It is also based on the assumption that all cash benefits and non-guaranteed cash bonuses due for the entire policy term are paid out to the policyholder. Based on the illustrated investment rate of 3.00% per annum, the total yield at maturity will be up to 2.97% per annum.^

³The figures in the illustration are not guaranteed and are illustrated based on the assumption that the Life Participating Fund earns a long-term average return of 4.25% per annum in the future. Returns are illustrated based on estimated bonus rates that are not guaranteed. The actual benefit payable will vary according to the future performance of the Life Participating Fund. The calculation for the illustrated total yield at maturity also assumes that all cash benefits and non-guaranteed cash bonuses due for the entire policy term are paid out to the policyholder.^

⁴4The policyholder may choose to shorten or extend the accumulation period, by up to 5 years, in multiples of 1 year. The request to exercise this option must be made on a date:

• At least 2 years after the policy entry date; and -

• At least 2 years before the end of your original or revised accumulation period, whichever is earlier.

Other terms apply for this benefit. Please refer to the policy conditions for further details.^

⁵Please note that your policy benefits (including cash benefits, death benefit and surrender value), bonuses (if any) and riders (if any) may change if you change the accumulation period and/or payout period. You may request your financial advisor representative to generate the policy illustration for a different accumulation period and payout period to understand the changes in the policy benefits.^

⁶For regular premium policy, Gro Retire Flex Pro II includes Gro Retire Flex Pro II – Protection Benefit, a non-participating compulsory rider, which provides coverage for Accidental Death Benefit, Disability Care Benefit and Retrenchment Benefit. Please refer to the policy conditions for further details.^

⁷If the policyholder is retrenched, the policyholder will not have to pay the premiums for the Gro Retire Flex Pro II – Protection Benefit rider and its basic policy for six months from the next premium due date onwards. The policyholder will have to pay premiums for the month that the policyholder starts permanent paid employment and this benefit will end. Terms apply for the benefit. Please refer to the policy conditions for further details.^

⁸At the end of the fifth month when the policyholder has stopped paying premiums, the policyholder can choose to defer the premiums for the Gro Retire Flex Pro II – Protection Benefit rider, its basic policy and optional riders for the next six months.

The following will apply during the deferment period:

• Gro Retire Flex Pro II – Protection Benefit rider, its basic policy and any optional rider will remain in force;

• Anniversary remains unchanged;

• Any cash benefit payable will be paid after deducting the deferred premiums due;

• Bonus will continue to be declared; and

• The policyholder is not allowed to take a policy loan on the basic policy.

At the end of the deferment period, the policyholder will need to pay the deferred six months premium in a single payment. The policyholder can claim the Retrenchment Benefit only once under the Gro Retire Flex Pro II – Protection Benefit rider. Terms apply for the benefit. Please refer to the policy conditions for further details.^

⁹If the insured dies as a result of an accident (before the anniversary immediately after the insured reaches the age of 70), we will pay an additional 105% of all premiums paid, on top of the death benefit, as long as the insured was not taking part in a restricted activity at the time of the accident. If the insured was taking part in a restricted activity at the time of the accident, we will only pay an additional 63% of all premiums paid, on top of the death benefit. We will pay this benefit only if the death happens within 365 days of the accident. Gro Retire Flex Pro II – Protection Benefit rider and its basic policy will end when we make this payment. Please refer to the policy conditions for further details and the definition of premiums paid. If the policyholder has appointed a secondary insured before the insured dies as a result of an accident (before the anniversary immediately after the insured reaches the age of 70), we will not pay this benefit. Upon the accidental death of the insured, the secondary insured becomes the insured and Gro Retire Flex Pro II – Protection Benefit rider and its basic policy will continue.^

¹⁰We will pay the policyholder a lump-sum benefit equivalent to 12 times the monthly cash benefit, if the insured is diagnosed with any one of the conditions - loss of use of one limb, irreversible loss of speech, loss of sight of one eye and deafness (irreversible loss of hearing), arising from accidental injury or sickness during the policy term of the basic policy. The policyholder will stop making premium payments on Gro Retire Flex Pro II – Protection Benefit rider and its basic policy for the remaining term of the policy. Gro Retire Flex Pro II – Protection Benefit rider and its basic policy will continue to apply (as if premiums have been paid) during this period even though the policyholder is not paying the premiums. If the insured is covered for any Disability Care Benefit under any policies (including this policy) which have been issued and paid by us, the total of these benefits under all these policies cannot be more than S$1.1 million, including additional monthly cash benefits under all applicable optional riders issued by us, lump-sum benefit and premiums waived, under the Disability Care Benefit for the same insured. Please refer to the policy conditions for further details. The policyholder cannot change the payout period or exercise the Flexi Retire Option after they claim this benefit.^

¹¹The secondary insured must be yourself (before the age of 75 years old), your spouse (before the age of 75 years old), or your child or ward (before the age of 18 years old) at the time of appointment. The policyholder 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.^

This is for general information only and does not constitute an offer, recommendation, solicitation or advice to buy or sell any product(s). You can find the usual terms, conditions and exclusions of this plan in the policy conditions. 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.

 The terms and conditions above are not exhaustive. Please refer to the Product Summary for more details

Disclaimer

Buying a life insurance policy can be 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. You may wish to seek advice from a financial adviser before making a commitment to purchase the product. In the event that you choose not to seek advice from a financial adviser, you should consider whether the product in question is suitable for you

This document is published for information and general circulation only and does not take into account the specific investment objectives, financial situation and particular needs of any specific person. Investors may wish to seek advice from a financial adviser before making a commitment to purchase the insurance product. In the event that an investor chooses not to seek advice from a financial adviser, the investor should consider whether the insurance product in question is suitable for him.

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 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.

This plan is underwritten by Income Insurance 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.

Information is correct as of 01 Oct 2025