New Singapore life company targets wealth clients with debut product

Sun Life Singapore has launched its first product, a whole of life insurance plan, since setting up in the sovereign island city state in 2020. Called Future - S", the plan is aimed at high net worth and ultra-HNW clients to enabling a transfer of clients' personal and business assets in this lifetime and generations beyond, Sun Life Singapore said. The plan gives clients the freedom to pay through a single premium payment, or a multi-payment option over five years or 10 years; a high guaranteed cash value at up to 85% of premiums paid, and cash value growth, delivered via additions, ...