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YF Life
MY Deferred Annuity

5-year PremiumAge 55 Start10-year Annuity
9.9/10
Overall Savings Annuity Score is based on the guaranteed return, projected return and early surrender coverage. Details
2.2%
Guaranteed Internal Rate of Return surrendering at age 60
4.0%
Projected Internal Rate of Return surrendering at age 60
10Life Rating
Age 60 Guaranteed IRR
Age 60 Projected IRR
12
Guaranteed Breakeven Year

10Life Scenario

Product Facts

Guaranteed Return

Projected Return

Early Surrender Coverage

10Life Scenario

Product Facts

Guaranteed Return

Projected Return

Early Surrender Coverage

10Life Ratings
9.9 / 10
Currency
USD
First year premium
$7,800
Premium term
5
Total premium paid
$39,000
Income term
10-year Annuity
Guaranteed initial annual income
$6,546
Projected initial annual income
$10,863
Percentage of total income being guaranteed
60.3 %
Issue Age
Age 20 to 70
Currency Choice
USD
Guaranteed breakeven year
12
Guaranteed internal rate of return (IRR)
Surrender at age 55
2.1%
Surrender at age 60
2.2%
Surrender at age 65
2.3%
Surrender at age 70
Policy ended
Guaranteed internal rate of return (IRR) with 17% tax savings
Surrender at age 55
3.1%
Surrender at age 60
3.0%
Surrender at age 65
3.1%
Surrender at age 70
Policy ended
Total Guaranteed Income Age 45 - 49
$0
  • Guaranteed Yearly Income at Age 45
  • $0
  • Age 46
  • $0
  • Age 47
  • $0
  • Age 48
  • $0
  • Age 49
  • $0
    Total Guaranteed Income Age 50 - 54
    $0
  • Guaranteed Yearly Income at Age 50
  • $0
  • Age 51
  • $0
  • Age 52
  • $0
  • Age 53
  • $0
  • Age 54
  • $0
    Total Guaranteed Income Age 55 - 59
    $32,729
  • Guaranteed Yearly Income at Age 55
  • $6,546
  • Age 56
  • $6,546
  • Age 57
  • $6,546
  • Age 58
  • $6,546
  • Age 59
  • $6,546
    Total Guaranteed Income Age 60 - 64
    $32,729
  • Guaranteed Yearly Income at Age 60
  • $6,546
  • Age 61
  • $6,546
  • Age 62
  • $6,546
  • Age 63
  • $6,546
  • Age 64
  • $6,546
    Total Guaranteed Income Age 65 - 69
    $0
  • Guaranteed Yearly Income at Age 65
  • $0
  • Age 66
  • $0
  • Age 67
  • $0
  • Age 68
  • $0
  • Age 69
  • $0
    Projected breakeven year
    10
    Projected internal rate of return (IRR)
    Surrender at age 55
    3.2%
    Surrender at age 60
    4.0%
    Surrender at age 65
    4.6%
    Surrender at age 70
    Policy ended
    Projected internal rate of return (IRR) with 17% tax savings
    Surrender at age 55
    4.2%
    Surrender at age 60
    4.9%
    Surrender at age 65
    5.4%
    Surrender at age 70
    Policy ended
    Total Projected Income Age 45 - 49
    $0
  • Projected Yearly Income at Age 45
  • $0
  • Age 46
  • $0
  • Age 47
  • $0
  • Age 48
  • $0
  • Age 49
  • $0
    Total Projected Income Age 50 - 54
    $0
  • Projected Yearly Income at Age 50
  • $0
  • Age 51
  • $0
  • Age 52
  • $0
  • Age 53
  • $0
  • Age 54
  • $0
    Total Projected Income Age 55 - 59
    $54,317
  • Projected Yearly Income at Age 55
  • $10,863
  • Age 56
  • $10,863
  • Age 57
  • $10,863
  • Age 58
  • $10,863
  • Age 59
  • $10,863
    Total Projected Income Age 60 - 64
    $54,317
  • Projected Yearly Income at Age 60
  • $10,863
  • Age 61
  • $10,863
  • Age 62
  • $10,863
  • Age 63
  • $10,863
  • Age 64
  • $10,863
    Total Projected Income Age 65 - 69
    $0
  • Projected Yearly Income at Age 65
  • $0
  • Age 66
  • $0
  • Age 67
  • $0
  • Age 68
  • $0
  • Age 69
  • $0
    Guaranteed benefit per premium paid, including cash value: (received income + cash value) ÷ premium paid
    Surrender at the 5th policy year
    55.0 %
    Surrender at the 10th policy year
    92.5 %
    Remarks:

    1. The above premium excludes insurance levy collected by the Insurance Authority.
    2. The information on 10Life is intended for general education purpose and reference only, and does not constitute any insurance, financial, investment or other professional purchase advice or solicitation to buy insurance, financial or investment products. 10Life Product Ratings and Scores are mathematical calculations based on public product information and assumptions for generic customer segments. The Product Ratings and Scores DO NOT reflect YOUR personal needs. 10Life hereby excludes any liability arising from using the information and will not make warranty or guarantee on the accuracy, completeness and timeliness of the information or for any claims and / or losses caused thereby. You should seek independent professional advice and review the insurance product information carefully before purchasing any insurance products. The information shown in the communications placed on 10Life does not constitute an offer or solicitation for the purchase or sale of any banking or insurance products or services.
    3. 10Life Insurance Product Ratings are based on facts and data, and are not be influenced by any partnerships with insurance companies.

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