Singlife Account

[LionPlushie]

You still have time to sign-up!

how long does it take to approve my application?

 

[brianlee_73]

I just sign up but didn’t order the card. Just don’t feel comfortable with debit card.

 

[DenOOO]

I just sign up but didn’t order the card. Just don’t feel comfortable with debit card.

Card can be locked in the app settings, nothing to worry about actually.

 

[cassowary18]

Thanks for pointing out.
What is our coverage for the 10k deposited?

According to SDIC, it is covered up to 50k for guaranteed sum assured and up to 100k for guaranteed surrendered value.

I'm now trying to figure out what is our guaranteed sum assured / surrender value..

Update: seems like it's our account value. So all is well?

Yup. T&C say your surrender value is the account value. When you close the account you're essentially surrendering the life insurances plan.

 

[nedlowe]

Is the slot still available?

Can we withdraw cash from oversea ATM? If so is there a cap?

Thanks.

Hi - yes there is still time. I am afraid that we currently don't support ATM withdrawals. Thanks

 

[nedlowe]

Ned thanks but so far nothing from your end. No email no one called and status remained the same. I actually think applying for bank loan will get approval faster than open a Singlife account to put money in

Sorry to hear that! I will follow up with my team.

 

[brianlee_73]

Card can be locked in the app settings, nothing to worry about actually.

Ok thanks.

 

[exterminazn]

Hi nedlove, I guess you are the singlife staff?

Have not yet get contacted by your team in the account opening, able to assist me on this?

 

[Sambuca78]

Hi - yes there is still time. I am afraid that we currently don't support ATM withdrawals. Thanks

Hi, if i managed to top up the $500, it mean I am all good now?

 

[DenOOO]

https://blog.seedly.sg/singlife-account-visa-debit-card

Pretty good summary for those still thinking.

 

[peppermint7]

https://blog.seedly.sg/singlife-account-visa-debit-card

Pretty good summary for those still thinking.

The SDIC part is not in line with what is stated in singlife link which states

"This policy is protected under the Policy Owners’ Protection Scheme administered by the Singapore Deposit Insurance Corporation (SDIC). Coverage for your policy is automatic and no further action is required from you. For more information on the types of benefits that are covered under the scheme, as well as the limits of coverage, where applicable, please contact us or visit the Life Insurance Association or Singapore Deposit Insurance Corporation Limited (SDIC)."

https://singlife.com/manage/

Cassowary18 has spotted that which we discussed a few lines back

Got to take note for the retrenchment part it is only claimable on the sum u spend on their debit card. Not on the salary..

 

[oceanicmanta]

According to SDIC, it is covered up to 50k for guaranteed sum assured and up to 100k for guaranteed surrendered value.

one important clarification, SDIC's POPS covers the guaranteed surrender value at the point of failure of up to 100k ... it is not the GSV at maturity

not sure if it's an issue for this product, have not looked closely at the BI yet since I only have 1k in it for now

 

[peppermint7]

one important clarification, SDIC's POPS covers the guaranteed surrender value at the point of failure of up to 100k ... it is not the GSV at maturity

not sure if it's an issue for this product, have not looked closely at the BI yet since I only have 1k in it for now

Hmm.. need to ask expert for advice

 

[mosmos]

Singlife got agent office at Westgate, guess only helps sell insurance

 

[nedlowe]

Hi nedlove, I guess you are the singlife staff?

Have not yet get contacted by your team in the account opening, able to assist me on this?

Hi - PM me your email address, and I will get our support guys to take a look. Thanks!

 

[nedlowe]

Hi, if i managed to top up the $500, it mean I am all good now?

It does indeed!

 

[1993newbie]

Today marks my First month with Singlife. Placed $500 initially. TOP up $900 few days back.

 

[junkfoodts92]

I love singlife! Great tech ! Keep up the good work and disrupt the insurance industry !!

 

[LionPlushie]

anybody ordered the card?

why is my address invalid when it is right tho? is it because i never fill in the first line and second line and then clicked start over? lol

what does the first line and second line means? can have so many lines for your credit card name?

 

[demoforce1]

Today marks my First month with Singlife. Placed $500 initially. TOP up $900 few days back.

just get my 1st month interest with rate 2.475%