Account Value
Account value means your total subscription plus or minus any market gains or losses, and adjustable by any withdrawal.

Guaranteed Withdrawal Benefit (GWB)
The Guaranteed Withdrawal Benefit (GWB) is the amount guaranteed to be available to you for future withdrawals. Withdrawals of up to 5% for SRP (US$) and 4% for SRP (S$) of the GWB are deducted from the GWB on a dollar-for-dollar basis. The GWB is equal to your total subscription adjusted for any withdrawal, Step-Up or Loyalty Bonus.

Guaranteed Withdrawal Amount (GWA)
GWA is the amount guaranteed to be available for withdrawal for each policy year until GWB is depleted. The initial GWA is equal to 5% for SRP (US$) and 4% for SRP (S$) of the initial GWB. If the total annual withdrawals remain less than or equal to the GWA, the returns of your subscription as annual withdrawals is guaranteed.

Income for Life (IFL)
Income for Life is the amount guaranteed to be available for withdrawal each year for as long as the Life Insured lives. This option can be elected from age 65. The IFL is equal to 5% for SRP (US$) and 4% for SRP (S$) of the GWB at point of election and may be adjusted for any excess withdrawal or Step-Up.

Step-Ups
Step-Ups can increase the total amount for your guaranteed payments if your account value is higher than your GWB on eligible Step-Up dates, i.e. they occur every 5 years up till age 80 of Life Insured (based on the policy anniversary).

Note:
Investments are subject to investment risks. The value of the units, if any, may fall or rise. You should read the fund summary before deciding whether to subscribe for units in the Portfolio Funds.

Buying a life insurance policy is a long-term commitment. An early termination of the policy usually involves high costs and the surrender value payable, if any, may be less than the total premiums paid.

This brochure is for general information only and is not a contract of assurance.
The precise terms and conditions of the plan are specified in the policy contract.