Choice of a Flexible Retirement Plan
You can choose to receive your Retirement Payouts¹ either at the age of 55, 60 or 65, for 10 or 15 years to suit your lifestyle upon retirement. With the additional choice of receiving these Payouts¹ either annually or monthly, you can aim to work towards the financial independence that you wish to achieve in your golden years.

Choice of Critical Illness Coverage
UOB Life Maxi Choice also allows you to opt for additional protection against Critical Illness at the policy inception date. Known as the Critical Illness Shield² (CI Shield), it pays you the Sum Assured and all attaching bonuses⁵ in the event that you are diagnosed with any one of the 30 specified critical illnesses, including coma and major cancers. With the CI Shield², you need not worry about high medical costs, as it covers you for life even after you have received your Retirement Payouts¹.

Choice of Additional Protection When You Need It
Your needs and expectations change over time. Should you require additional protection in the later stages of your life, you can opt to add on Riders³ to UOB Life Maxi Choice at your next policy anniversary date. The comprehensive range of Riders³ which you can choose from includes Hospital Cash Benefit, Personal Accident and Term Assurance Benefits.

Life Insurance Coverage That Grows
With a minimum Sum Assured of S$15,000, your insurance coverage will start to increase from as early as the end of the first policy year in the form of bonuses⁵. In the event of Total and Permanent Disability before the age of 65 years, UOB Life Maxi Choice pays you an amount that is equivalent to your Sum Assured plus all attaching bonuses⁵.

Even after you start receiving your Retirement Payouts¹ at age 55, 60 or 65, UOB Life Maxi Choice continues to provide you with life insurance coverage on a reduced basis¹. In the event there is a claim for life insurance coverage after the selected age of 55, 60 or 65, the Retirement Payouts¹ due will be payable in one lump sum.

Additional Accidental Death Benefit
Without having to pay additional premiums, the additional Accidental Death Benefit under UOB Life Maxi Choice aims to give you added assurance as it pays an additional benefit equivalent to the initial Sum Assured plus attaching bonuses⁵ in the event of Accidental Death between ages 16 to 64.

Choice of Early Premium Payment Terms
You can save comfortably for the long-term while opting for shorter paying premiums terms⁴. Choose from either a premium payment term⁴ of 10, 15, 20 or 25 years, whichever suits your current savings pattern. Either option lets you continue enjoying all the benefits of UOB Life Maxi Choice, even when you are no longer paying premiums.

Example:

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Notes:
¹ The payment of the Retirement Payouts is a settlement payment option based on 50% of the Sum Assured and Cash Value, including all attaching bonuses, at the selected age of 55, 60 or 65. The amount payable is based on a projected interest rate of 4% per annum which is subject to change by UOB Life Assurance Limited. Once the Retirement Payouts start at the selected age, the Sum Assured and CashValue, including all attaching bonuses, is reduced by 50%. Future bonuses, after the selected age of 55, 60 or 65 will be payable on the reduced amount. Footnote 5 is applicable.
² The CI Shield is an accelerated coverage packaged with the basic UOB Life Maxi Choice plan. The premium payable for CI Shield will be added onto the basic plan, and is payable according to the easy premium payment term chosen.
³ Riders are subject to underwriting and premiums will be payable on top of the life coverage under UOB Life Maxi Choice. The choice of easy premium payment term is not applicable to Riders.
⁴ The premium payable varies according to the premium payment term chosen.
⁵ As the bonus rates used are not guaranteed, the actual benefits payable may vary according to the future experience of the Life Fund.

Important Notice and Disclaimers
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 marketing material is not a contract of assurance. Acceptance of proposal is subject to underwriting. The precise terms and conditions of this assurance plan are specified in the policy. The above is for your information only and does not have any regard to your specific investment objectives, financial situation and any of your particular needs. You may wish to seek advice from a financial adviser before making this purchase. In the event that you choose not to seek advice from a financial adviser, you should consider whether this product is suitable for you. In case of inconsistency between the English and Chinese version, the English version will prevail.

United Overseas Bank Limited Co. Reg. No. 19350026Z
UOB Life Assurance Limited Co. Reg. No. 199001869K