Singlife Review

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I have just been recommended to put some of my money in Singlife to earn interest.

Wait! Who is Singlife? Is it safe? Is it a scam?

Let me research third part party information before committing.

What is Singlife?

The Singlife Account is not a bank account or a fixed deposit. It is an insurance savings plan that earns a crediting interest rate, but you can take your money out anytime via FAST transfer or by using your Singlife Visa Debit card. Each person is only entitled to one Singlife Account policy.

… https://singlife.com/manage/

Who owns Singlife?

Before the London financier acquired the insurer, founder Walter de Oude told DigFin his broader ambitions. Last week, on December 5, London financier Michael Spencer announced he was buying a controlling stake in Singapore Life, paying $52.7 million for a 33.8% stake… Dec 9, 2018.

… https://www.digfingroup.com/insurtech-investors-2/

Is Singlife account safe?

The policy is protected under the Policy Owners’ Protection Scheme which is administered by the Singapore Deposit Insurance Corporation (SDIC).

… https://betterspider.com/singlife-account-review/

Whats next?

The research continues. Leave a comment to follow.

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