Life is very uncertain and you never know what you will have to face in your future and so it is better that you are prepared to face uncertain and unfortunate events in life. In your absence, your loved ones should not have to suffer and they should not have to face any financial difficulties. Therefore, you should make sure that you opt for a comprehensive life insurance policy that can provide you’re loved with the financial assistance that you need in your absence and will help them to maintain their lifestyle. In case you feel that you do not have the finances needed to purchase a life insurance policy, you can opt for RHB Universal Life Premium Financing and get the required money to invest on a life insurance policy.
RHB Bank is one of the most trusted banks in Southeast Asia and it has a very strong presence in the Lion City. The bank has a wide portfolio of products that are available to customers in Singapore. The various products offered by RHB Bank in Singapore include deposits, loans, wealth management etc. RHB Universal Life Premium Financing is one of the personal loans products offered by the bank in Singapore and it has been designed to help people with paying for their life insurance policies.
There are very few banks and financial institutions in Singapore that offer life insurance financing with their personal loan products and RHB Universal Life Premium Financing is a unique product that will help you to finance your life insurance policy with ease. You can enjoy higher loan amount and a variety of other features that will be advantageous to you in the long run. You will also benefit from the excellent quality of service offered by the bank.
|Offered rate of interest||ULF + 0.75 percent per annum|
|ULF as of 1 July, 2015||0.85 percent per annum|
|ULF as of 3 August, 2015||0.85 percent per annum|
Note - ULF (Universal Life Premium Financing) is the reference rate that is determined by RHB bank.
You will need to submit the following documents when you apply for RHB Universal Life Premium Financing:
The application form can be downloaded from the official website of the bank and you will need to complete the same and then submit it along with the required documents to apply for the loan.