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TargetSaver

TargetSaver

Every individual is unique, especially when it comes to your life priorities and plans for the future. Whether it's seeing your child through university, paying off a loan or enjoying a comfortable retirement, you need a secure way to meet your goals.

TargetSaver is specially designed to help you achieve your targeted goals. It goes one step further to give you 110% of whatever targeted amount you're savings towards. Guaranteed!

  • Guaranteed 110% cash payouts

    Receive 4 guaranteed cash payouts totalling 110% of your targeted savings amount between policy years 18 to 21. The money is yours to enjoy, whichever way you want.

  • Full control over your finances

    Choose to withdraw your cash payouts as planned, let it accumulate interest with AXA or reinvest in any of AXA's investment-linked sub-funds to enjoy potentially greater returns.

  • Unlimited potential returns

    Enjoy unlimited potential returns by investing in AXA's investment-linked sub-funds. With majority of our funds rated top-quartile1 funds, you can rest assured that your investment is in good hands.

  • Flexibility to meet your changing needs

    Top-up2 your investments at any time and enjoy bonus units3 to grow your wealth further. You can also make unlimited fund switches4 at no extra cost, or even make ad-hoc withdrawals5 whenever the need arises.

  • Insurance protection

    Get 100% guaranteed insurance coverage of your targeted savings amount against loss of life, terminal illness and total and permanent disability.

Important Information

1 Rated to be in the top 25 percentile of funds in their respective global peer group by the investment consulting agency appointed by CPF Board. Source: www.cpf.gov.sg as at 2 December 2008.

2 For top-ups, 100% of the top-up premiums are allocated to purchase units. Fees (if applicable) are deducted through cancellation of units.

3 Where eligible, additional units will be given to policyholders as bonus units, calculated based on the policy value of the policy on a monthly basis. Varying rates apply.

4 For unlimited free fund switches, the minimum switching amount into another fund is the lower of S$1,000 or 100% of the value of the original fund.

5 Redemption of units is based on prevailing value of the units as of the relevant dealing day, which may be higher or lower than that of the purchased price. Partial redemption is subject to a minimum amount of S$1,000. Please note that the minimum holding amount after redemption is S$5,000.

What's your targeted savings amount?

With a specific target in mind, TargetSaver gives you 100% guaranteed payout of your targeted retirement amount. Plus more.

How it works for you

Look forward to an attractive payout, in time to meet your targeted goals. The example below gives you an indication of your potential retirement amount and insurance coverage.

• Illustrative example:
Male, non-smoker, entry age 30, with a targeted retirement amount of S$100,000

The above is not a contract of insurance. The precise terms and conditions of the plan are specified in the policy contract.

A product summary in relation to TargetSaver is available and may be obtained from AXA Life Insurance Singapore Pte Ltd and the participating distributors' offices. Potential investors should read the product summary before deciding whether to subscribe for units in the sub-fund. This document is only product information provided by us. Past performance is not necessarily indicative of future performance. The value of units in the sub-fund and the income accruing to the units, if any, may fall as well as rise.

The contents of this material is not made with regards to the specific investment objectives, financial situations and particular needs of any person and is not to be construed as offers to sell or the solicitation of offers to buy any investment product. Potential investors may wish to seek advice from an adviser. In the event an investor chooses not to seek advice from an adviser, the investor should consider whether the product is suitable for him. Buying a life insurance policy is a long-term commitment. An early termination of the policy usually involves high costs and the surrender value may be less than total premiums paid.

The insurance policy featured in this website is protected under the Policy Owners' Protection Scheme which is administered by the Singapore Deposit Insurance Corporation (SDIC). Coverage for your policy is automatic and no further action is required from you should you buy the policy. For more information on the types of benefits that are covered under the Policy Owners' Protection Scheme as well as the limits of coverage, where applicable, please visit the AXA website at www.axa.com.sg or visit the LIA or SDIC websites (www.lia.org.sg or www.sdic.org.sg) for a copy of the SDIC Guide on PPF Scheme (Life Insurance).
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