Singlife’s new investment-linked plan offers 5% annual payout
It comes at a one-time premium starting at $516.28.
Singlife Philippines launched the Income Multiplier, an investment-linked insurance plan which provides a monthly cash payout and other investment options.
The product is designed for income-oriented investors looking for consistent returns and easy access to their earnings.
Income Multiplier is the only regular-pay investment-linked product in the market with a target payout of 5% annually, one of the highest in the segment, the insurer said in a press release.
It comes at a one-time premium starting at $516.28 (₱30,000) or monthly contributions as low as $25.81 (₱1,500), making it a competitive option for both beginner and experienced investors.
($1.00 = ₱58.11)