GREAT Wealth Multiplier II, a regular premium endowment plan that multiplies your savings by up to 7X or more on your total annual premiums paid1.
Enjoy protection against Death2, Total and Permanent Disability3 and Terminal Illness for life4 – with no medical underwriting needed.
Get the peace of mind you deserve, with 100% capital guarantee as early as the end of the 15th policy year and reap the benefits of multiplied returns.
Get maximised returns on your total annual premiums paid1 to meet your changing life goals and lifestyle needs.
Choose to accumulate or withdraw your cash value5 on your own terms, and select your desired premium payment terms (5, 10 and 15 years) to suit your budget.
Depending on the selected premium payment term, you can receive 100% capital guarantee6 from as early as the end of the 15th policy year.
Talk to your Great Eastern distribution representative to see which insurance solutions are right for you. No Planner yet? Simply browse through our list of distribution representatives.
No. 17 & 18
Block B, Bangunan Habza
Simpang 150, Kampong Kiarong
Bandar Seri Begawan
1 Potential returns are not guaranteed and are dependent on entry age, premium payment term and policy year when the plan terminates. The illustrated investment rate of returns is shown in the policy illustration. The actual benefits payable may vary according to the future performance of the participating fund.
2 The company will pay the higher of the following in one lump sum, less any debt:
(a) 110% of the total standard annual premium paid; or
(b) the guaranteed surrender value,
plus bonuses (if any).
3 Coverage for Presumptive Total and Permanent Disability (TPD) is for the whole of the policy term, while coverage for other forms of TPD is up till the policy anniversary on which the life assured is age 65. Presumptive TPD refers to a state of incapacity which is total and permanent and takes the form of total and irrecoverable loss of:
(a) the sight in both eyes; or
(b) the use of two limbs at or above the wrist or ankle; or
(c) the sight in one eye and the use of one limb at or above the wrist or ankle.
Please refer to the product summary for details on other forms of TPD.
4 This plan matures on the policy anniversary on which the life assured, named as at the inception of the policy, is age 120.
5 Partial withdrawal will reduce the value of the basic sum assured. The policy will terminate upon full surrender of the policy.
6 Capital is guaranteed after 15 policy years for 5-pay and 10-pay. Capital is guaranteed after 20 policy years for 15-pay.
* The figure comprises guaranteed and non-guaranteed benefits. The non-guaranteed benefits are illustrated based on the illustrated investment rate of return (IIRR) of the participating fund at 4.25% p.a.. Based on IIRR of 3% p.a., the total surrender value at the end of year 20, 40 and 60 are S$34,416 (>1.4X of premiums paid), S$58,172 (>2.4X of premiums paid) and S$106,355 (>4.4X of premiums paid) respectively. The actual benefits payable may vary according to the future performance of the participating fund.
All ages specified refer to age next birthday.
The above is for general information only. It is not a contract of insurance. The precise terms and conditions of this insurance plan are specified in the policy contract.
As buying a life insurance policy is a long-term commitment, an early termination of the policy usually involves high costs and the surrender value payable, if any, that is payable to you may be zero or less than the total premiums paid.
This policy is protected under the Policy Owners’ Protection Scheme which is administered by the Singapore Deposit Insurance Corporation (SDIC). Coverage for your policy is automatic and no further action is required from you. For more information on the types of benefits that are covered under the scheme as well as the limits of coverage, where applicable, please contact us or visit the Life Insurance Association (LIA) or SDIC websites (www.lia.org.sg or www.sdic.org.sg).
In case of discrepancy between the English and Chinese versions, the English version shall prevail.
Information correct as at 16 November 2021.