Universal Life Alpha (Singapore)

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Life protection and cash value accumulation


  • Lifetime coverage: Your policy will provide lifetime coverage as long as a certain account value is maintained and premiums are paid;
  • Cash value growth potential: Your policy earns a steady stream of interest at a rate we declare, which will never be lower than 2% per annum;
  • Liquidity intact: You may withdraw or take a loan from your policy when needed, provided certain conditions are met;
  • Flexibility: You can decide the amount, within a certain range, and select the frequency that you would like to pay for your policy*. You can decrease the amount of protection, i.e. the sum assured, and take money from your policy when needed, subject to the terms of the policy contract;
  • Transparency: You can refer to your annual statement for the interest credited to and the charges taken from your policy.

*Policy applications with regular premium payments are accepted only from accredited investors, who are those as defined in Insurance Act (Chapter 142), Insurance (Remuneration) Regulations 2015.

A Transamerica Life Bermuda distributor can explain all the details about our universal life insurance policies and how they can help meet your objectives. For enquiries, please click here.

Loans and withdrawals will affect the account values and net cash value and may affect the death benefit. The product details are at all times subject to the terms and conditions of your policy contract.
Transamerica Life Bermuda Universal Life Alpha (Singapore) (Policy Form No. UL19 SG) is a universal life insurance policy issued by Transamerica Life (Bermuda) Ltd., a company incorporated in Hamilton, Bermuda. Policies to which the above information relate are only available in Singapore.
Insurance eligibility and premiums are subject to underwriting. In the event of suicide during the first two policy years, death benefits are limited to the return of premiums paid (less any withdrawals, outstanding policy loans and loan interest due).
This policy 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. 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 Transamerica Life (Bermuda) Ltd. or visit the Life Insurance Association of Singapore or SDIC websites ( or

This advertisement has not been reviewed by the Monetary Authority of Singapore.