Singlife Legacy Indexed Income
Singlife's indexed life solution adds customisable income phases to long-term legacy planning.
Singlife Legacy Indexed Income is a life insurance solution that links income potential to selected indices while providing lifelong protection against death and terminal illness. It lets policyholders design up to five income phases, choosing the target amount and duration for each phase. The Index Account is linked to five selected indices, including S&P 500 and volatility-controlled indices, with a 0% p.a. floor so index performance does not create a negative credited return. Other features include a 0.70% p.a. loyalty bonus from policy year 11, partial withdrawals, life assured switching, flexible premium terms and guaranteed acceptance with no medical underwriting.
This is not a conventional death-benefit-first IUL, but it deserves a place because many HNW families want legacy planning to include controlled income, not only a lump-sum payout. The ability to set multiple income phases is useful for retirement funding, family support or staged distribution planning. Singlife also makes the mechanics relatively approachable. The trade-off is that buyers seeking maximum protection leverage may prefer a purer IUL, while this plan's value depends on how well the income design matches long-term family cash-flow needs.
It was included for families who want index-linked wealth planning with structured income flexibility, a 0% floor and no medical underwriting, alongside lifetime insurance coverage.