Adviser workspace
ILP Product Modeller
Product details
Policy inputs
Insurance coverage Beta
No-claim scenario with standard underwriting rates. Rider charges are deducted from fund value. Claim payouts, coverage resets, waiver riders and Vitality benefits are not modelled. Basic cover runs to age 100 while the policy remains in force.
SGD policy. Entry ages: 0–70 regular premium; 0–65 single premium, subject to underwriting. S$6,000 is the product premium floor, not a quote for the selected cover.
Residence and underwriting Singapore · Standard
Choose the residence group assigned by the insurer, or select a country to look up its group. Changing the group clears a country that no longer matches. Select the underwriting class assigned by the insurer. Preferred Plus and Standard Plus are available only for non-smokers; choosing a class here is not an underwriting approval.
TPD follows current insured amount and expires at the policy anniversary at age 70. The quote target age does not guarantee cover to that age. Analysis end age controls the displayed horizon; this is a whole-life policy.
Vitality Fund Boost Optional · off by default
Select status for each policy year, assessed 45 days before the anniversary. Membership must remain eligible; “No membership” permanently ends future boosts.
Projection assumptions
The projection engine deducts the fund management charge (FMC) from these return assumptions. If your assumption is already net of FMC, enter 0% FMC.
Top-ups and withdrawals Optional cashflow assumptions
This selects the source for the annual withdrawal schedule above. Ordinary basic withdrawals reduce current insured amount. Top-up withdrawals do not. Income Withdrawal Privilege starts in year 6 and is capped at 5% of opening basic-account value each year, without reducing insured amount. Withdrawals remain subject to available units, charges and the S$10,000 remaining policy-value minimum.
Modelled withdrawals occur at year end. Top-ups are available after policy year 1 and cannot be paid during a holiday.
Dividend simulator Optional; off by default
The dividend capital return is a separate net capital-growth assumption. The selected dividend yield is additional; do not enter a total return including that yield here.
Projected fund value
Year-by-year projection
Projection timeline Beta
Hover age markers or callouts for death benefit, surrender value, charge breakdown, and cumulative cashflow.
Historical fund returns Beta
Loading historical fund data…
Loading fund research…
Model notes
Wealth Elite 2.0: validation and limitations
How should I interpret the projections?
Illustrated returns are before fund management charge. They are assumptions, not forecasts or guaranteed returns. The model applies the selected product's bonuses and charges. Check client-facing figures against the latest official benefit illustration.
What does the effective policy fee mean?
It is the annualized surrender-value drag from policy mechanics, excluding fund management charge. For example, with 0% FMC, an 8% fund return and a 1% effective policy fee imply about a 7% surrender-value IRR. Open the charge columns for the dollar breakdown.
How should I interpret the historical simulation?
The selected product's rules are applied to the selected funds' historical monthly returns. Fund management charges are already reflected in prices; they are not deducted again. By default, declared income-fund distributions are approximated as reinvested at their ex-date NAV. The optional Dividend simulator switches the portfolio into the selected income fund at your chosen age, using recorded distributions with paid-out or reinvested treatment. A period shorter than the policy term is a partial historical replay, not a maturity projection. Verify fund eligibility for the selected product before using an allocation.
How is the benefit charge calculated?
The benefit charge is deducted monthly when sum at risk is positive. Annual rates below are per S$1,000 of sum at risk, based on gender and attained age.
How does the dividend simulator work?
Open the simulator and choose a positive dividend yield to enable it; closing it disables it. From the selected age, the model uses the dividend portfolio return. Paid-out dividends are treated as generated income and do not reduce fund value; reinvested dividends are added as top-up units. This is a modelling assumption, not a fund distribution forecast.
What is outside the model?
Premium Holiday supports one continuous range. PLP Max Beta includes selected unit-deducting riders, and Wealth Elite 2.0 includes optional TPD and Vitality Fund Boost, within their stated no-claim scope. Other products do not model riders. Premium Pass, premium reductions, underwriting loadings, premium waivers, insurance claims and subsequent coverage changes are not modelled. Optional quarterly rebalancing and, for supported products, a single age-based income-fund switch are available in the historical simulator.
Method, coverage and sources
This beta applies current product rules hypothetically to past markets. It is not an official illustration, a forecast, or confirmation that the product existed then.
SGD funds only. Income distributions use recorded ex-dates and ex-date NAVs as approximations for payment and reinvestment timing. New premiums and bonuses use the entered weights until an enabled age-based income-fund switch; the switch then directs the full portfolio and future investments into the selected income fund. Cash entitlements below S$50 are reinvested, and Pro Achiever 3.0 requires reinvestment until its IIP is completed. SRS cash dividends return to the SRS account.
With quarterly auto-rebalance off, existing holdings drift. When enabled, the basic and top-up accounts rebalance separately after charges and withdrawals at the end of every third policy month, using the active allocation. No switching costs or dealing delay are added. Normal projection return, FMC and dividend assumptions are ignored.