DBS Hong Kong | Consumer Banking | Insurance

	DBS Group \| dbs.com

	Consumer Banking \| Enterprise Banking \| Private Banking	Forms \| Rates/Fees \| Branch \| Contact Us \| Site Map \| 中文

DBS Hong Kong > Consumer Banking > Insurance > RetireRich Income Plan

Consumer Banking

Market Update

RetireRich Income Plan

Promotion

From now until 31 December 2008, upon successful enrolment, you will receive PARKNSHOP coupon upto HK$10,000.

More

Join RetireRich Income Plan now to enjoy a guaranteed monthly income and considerable returns.
Currently, you may not need to worry about your living expenses. However, have you ever thought of how to maintain your living standard when you don't have any stable income at retirement? It's time to get your RetireRich Income Plan offered by DBS Bank to live a fulfilling retirement life.

Guaranteed monthly retirement income A worry-free retirement life
RetireRich Income Plan guarantees that you get a fixed monthly income after you retire throughout the retirement income payout period. This gives you a source of stable income to allow you to enjoy your retirement life, worry-free.

Extra lump sum bonus A cash reserve for you
Besides the guaranteed monthly retirement income, you will get a non-guaranteed accrued bonus at the end of the payout period as extra cash reserve for you. You can also opt to withdraw the cash value of the non-guaranteed bonus any time during the policy term for unexpected needs without affecting the guaranteed monthly retirement income.

Option to accumulate your retirement income
At your selected retirement age, you may choose to leave your retirement income within the policy to accumulate with a special interest rate1¹, and withdraw it any time when needed².

Flexible Premium Payment Option
There are three options of retirement age-60, 65 or 70³ for you to choose from depending on your payment options. You may opt for paying your premium in a lump-sum, regularly, or in a limited pay option of 5-year, 10-year or 15-year.

Annual Premium	Total Premium Paid	Guaranteed Monthly Retirement Income	Total Guaranteed Monthly Retirement Income (a total of 10 years from age 65 to 75) (a)	Non-guaranteed Lump Sum Bonus⁵ (b)	Projected Total Retirement Income (a) + (b)	Projected Total Retirement Income / Total Premium Paid
HK$25,800	HK$774,000	HK$10,000	HK$1,200,000	HK$1,034,789	HK$2,234,789	289%⁶

You may choose to leave your monthly retirement income within the policy to accumulate and a higher projected return will be attained at the end of the payout period. Based on the above example, if all the retirement income is accumulated in the policy, the projected total retirement income is:

Total Premium Paid	Total Guaranteed Monthly Retirement Income	Non-guaranteed Lump Sum Bonus⁵ + Accrued Interest ⁷ (b)	Projected Total Retirement Income (a) + (b)	Projected Total Retirement Income / Total Premium Paid
HK$774,000	HK$1,200,000	HK$1,339,563	HK$2,539,563	328%⁶

Remarks

If the Policy is terminated before maturity, the amount payable is the total surrender value computed at the time of termination.
Based on the above example, the accumulation phase is from year 1 to 30 and the guaranteed monthly retirement income benefit will start at the beginning of year 31.

Life and Terminal Illness Protection⁴
This plan offers you life protection and terminal illness protection. The benefit is payable in the unfortunate event of death or diagnosis of terminal illness while the policy is in force.

Guaranteed Acceptance Easy Application
No medical examination is required⁸ for this plan. Therefore, your policy issuance is guaranteed⁹. The minimum enrolment age is 19 (next birthday), and the maximum enrolment age depends on the selected retirement age and the premium payment term.

Extra Protection for Peace of Mind
(Applicable to Policies with Regular Premium Payment Option Only)
You can choose from a range of riders to meet your protection needs:

Level Assurance
Critical Illness Premium Waiver
Critical Illness Additional Benefit
Accidental Death and Dismemberment Benefit
Female Illness Cover
Male Illness Cover

Peace of Mind
Aviva is a member company of Aviva plc, which is one of the largest global insurers, one of the largest insurers in the UK, one of the leading providers of life and pensions products across Europe, one of the Fortune Global 500 companies and has an A+ credit rating affirmed by Standard & Poor's.

With a 300-year history, Aviva plc is an expert in long-term savings and fund management and manages assets with USD724.4 billion¹⁰. Aviva plc operates in more than 27 countries with 57,000 employees and serves 45 million customers worldwide.

Plan for your future Analyse your financial
At DBS, we are dedicated to assisting you in financial planning for each step of your life. Whether it is your child's education, your retirement or simply a protection plan for you and your family, we can help you along the way. Visit any DBS Bank branch to arrange an appointment for a financial needs analysis.

For enquiries, please visit any of our branches or call DBS Aviva Life Direct on 3550 9800.

The special interest rate is determined by Aviva and may change from time to time. The rate is not guaranteed.
Each time when a withdrawal is made, all the retirement income accumulated at the point of withdrawal must be taken out.
Applicable to policies with Single Premium Payment Option Only.
For the sum assured of Life & Terminal Illness Protection, you may refer to the benefit illustration.
This is only a projection and is not guaranteed. The actual values paid may change with the values being higher or lower than that illustrated.
Over the total policy term of 40 years.
The accrued interest is illustrated at a rate of 4.5%. This rate is not guaranteed. The interest rate is determined by Aviva and may change from time to time. The actual values paid may change with the values being higher or lower than that illustrated.
For basic plan only.
Provided all necessary information has been submitted.
As at 31 December 2007.

Notes:
-	DBS Bank (Hong Kong) Limited is an agent of Aviva Life Insurance Company Limited ("Aviva").
-	This leaflet is a summary of the plan. For details of the coverage and a complete explanation of the terms and conditions, please refer to the Policy Provisions.
-	A sample copy of the Policy Provisions may be obtained from Aviva on request.
-	Aviva accepts full responsibility for the product information contained in this leaflet.
-	The Policy may be cancelled by a written request to Aviva within 14 days from the date of issuance, or 21 days from the date of your application for insurance, or if the Policy replaces an existing life insurance policy, 14 days after the date the Customer Protection Declaration (CPD) form has been copied to the insurer of that existing life insurance policy, or 5 days from the date of delivery of the Policy / a notice informing you / your representative about the availability of the Policy and the expiry date of the Cooling-off Period, whichever is later.

More Product

Quick Links

Latest Promotions

Next Step

Call us at DBS Aviva Life
Direct 3550 9800
Visit our branches