27-03-2013, 06:36 PM
From what I know, at the moment, only NTUC Income offer pure annuity which is single premium, and increase in payment (non-guarantee) over the years. The product information can be found here.
http://www.income.com.sg/insurance/Annuity/index.asp
The other insurers offer endowment plans that look like annuity, but i will not classified them as pure annuity, as the plans have surrender value, death benefits, etc. One that I personally took up is from TM Life that pay for life from 60/65, cover me and my spouse, having surrender value (if we intend to terminate for watever reasons), and death benefit.
The other insurers plans are in the links below.
http://www.aia.com.sg/en/individuals/pro..._plan.html
http://www.aviva.com.sg/retirement/for-i...ement.html
http://www.axalife.com.sg/retirement/retire-happy
http://www.tokiomarine-life.sg/individua...ment-life/
Not sure if I miss out any...
http://www.income.com.sg/insurance/Annuity/index.asp
The other insurers offer endowment plans that look like annuity, but i will not classified them as pure annuity, as the plans have surrender value, death benefits, etc. One that I personally took up is from TM Life that pay for life from 60/65, cover me and my spouse, having surrender value (if we intend to terminate for watever reasons), and death benefit.
The other insurers plans are in the links below.
http://www.aia.com.sg/en/individuals/pro..._plan.html
http://www.aviva.com.sg/retirement/for-i...ement.html
http://www.axalife.com.sg/retirement/retire-happy
http://www.tokiomarine-life.sg/individua...ment-life/
Not sure if I miss out any...