Gro Retire Flex Pro II
Income Insurance's retirement plan offers adjustable monthly payouts and flexible payout timing.
Gro Retire Flex Pro II is an Income Insurance savings plan for people planning future retirement cash flow. It provides monthly cash payouts during retirement, with choices around premium payment term and payout period. A key feature is the ability to adjust when payouts may begin by up to five years, giving policyholders some room if they retire earlier or later than expected. The plan also includes a retrenchment-focused feature and is positioned for buyers who want structured retirement income rather than relying only on ad hoc withdrawals from savings.
Income's plan is especially relevant for Singaporeans whose retirement age is not fixed. The ability to shift payout timing is useful because many people now phase into retirement, take contract work, or delay stopping work entirely. Income is also a familiar local name with broad consumer reach. The honest limitation is that this is still a long-term insurance commitment, so buyers need to be comfortable with surrender penalties and the split between guaranteed and projected benefits.
It ranks highly because its payout-start flexibility solves a real local problem: retirement dates are often uncertain, but income planning still has to start early.