Accredited Investor

Insurance Backed Financing

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Insurance Backed Financing
Product Name Insurance Backed Financing Financial Institution PhillipCapital Group Category Asset-Backed Needs Liquidity, Leverage
Description: Unlocking the value in your in-force insurance policy while enjoying the policy protection and other benefits stated in your insurance policy. This financing service is only applicable to a fully paid insurance policy, with a surrender value and was issued by a reputable insurance company. The insurance policyholder agrees to assign the policy to us as collateral in exchange for the financing services. In the event of death, surrender or maturity of the insurance policy, we will receive the payout from the insurance company. The payout will be used to settle the financed amount and the outstanding interest, if any, and return any remaining balance of the proceeds to the insurance policy owner or designated beneficiary.
Benefits: a) Access to liquidity while retaining all the beneficial economic ownership of pledged insurance policy b) Enjoy distribution and protection of pledged insurance policy c) Fixed interest charge over the financing period d) High loan to value ratio
Notes: a) Holistic assessment of the AI's creditworthiness b) First legal charge over the pledged insurance policy c) Release of collateral upon full settlement of the financing

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To view investment products that may only be offered to accredited investors and other relevant persons in reliance on a relevant exemption from needing to register a prospectus for such investment products, you must be or may be deemed to be an accredited investor.

You are an accredited investor if you are:
1. An individual −
  1. Whose net personal assets exceed S$2,000,000 (or its equivalent in a foreign currency) in value, of which no more than S$1,000,000 (or its equivalent in a foreign currency) in value is contributed by the net estimated fair market value of his/her primary residence; or
  2. Whose financial assets (net of any related liabilities) exceed S$1,000,000 in value (or its equivalent in a foreign currency); or
  3. Whose income in the preceding twelve (12) months is not less than S$300,000 (or its equivalent in a foreign currency).
2. A corporation with net assets exceeding $10 million in value (or its equivalent in a foreign currency) or such other amount as the Authority may prescribe, in place of the first amount, as determined by −
  1. The most recent audited balance-sheet of the corporation; or
  2. Where the corporation is not required to prepare audited accounts regularly, a balance-sheet of the corporation certified by the corporation as giving a true and fair view of the state of affairs of the corporation as of the date of the balance-sheet, which date shall be within the preceding 12 months;
By clicking the "Submit" button below, I acknowledge that I have read and understood the above and confirm that:
1. I am an accredited investor; and/or
2. I have the intent and financial capability to transact not less than S$200,000 (or its equivalent in a foreign currency) per order to be paid in full;
3. I have read the Risk Disclosure Statement and fully understand the risks involved in investing in Debt Securities (applicable to investment in Debt Securities).