Settlement for Redemption. Upon the receipt and acceptance of Your redemption request with all the required documents, the redemption proceeds will be paid to You unless dealings have been suspended as specified in the section “Suspension of dealings” below. Redemption proceeds will be paid as per the following timeline: • For Bond and Money Market ILP sub-funds to be processed within four (4) business days. • For Portfolios fund to be processed within seven (7) business days. • For all other ILP sub-funds to be paid within six (6) business days. Applications submitted or Premiums received after 3 p.m. (Singapore time) will be transacted based on the unit price as at the next Valuation day.
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Sources: Investment Linked Insurance Policy Agreement, Policy Contract