China Life FlexiCash Growth Review

The complete Pros and Cons on China Life FlexiCash Growth

China Life FlexiCash Growth is a short-term capital-guaranteed savings plan. Pay premiums for 2, 5 or 7 years and receive a lump-sum back in 5, 10 or 12 years respectively. Diversify with this low-risk savings plan today.

China Life FlexiCash Growth product details

  • Life policy – Endowment and Saving policy
  • Lump-sum Payout – upon policy maturity
    • Receive a lump-sum payout consisting of guaranteed returns and potential bonuses upon policy maturity
  • 100% Capital Guaranteed – get back at least all the premiums paid
    • Receive at least 100% of all premiums upon policy maturity (premiums paid for riders not included)
  • Guaranteed Yearly Cash Payout
    • Receive 10% of the annual premium + any non-guaranteed bonuses from the end of the 2nd year onward
    • You can choose to spend these payouts as you wish or accumulate them at the prevailing interest rates
  • Short Premium & Policy Terms – save for a short-term goal
    • You can choose to pay premiums for 2 years for a 5-year policy term (limited time only)
    • Or pay premiums for 5 years for a 10-year policy term
    • Or pay premiums for 7 years for a 12-year policy term
  • Ease of Application
    • No medical checks or questionnaires are required to take up this endowment/savings plan
  • Death Coverage
    • Be covered against death the sum of 101% of the premiums paid to date and guaranteed returns + potential bonuses less any paid-out guaranteed cash benefits
  • Additional Coverage Riders
    • China Life Enhanced Payer Benefit Rider
      • All future premiums are waived in the event of Death,  Total and Permanent Disability, or diagnosis of any of the 36 advanced stage critical illness
    • China Life Payer Benefit Rider
      • All future premiums are waived in the event of Death, Total and Permanent Disability or Terminal Illness
    • China Life Premium Waiver Raider
      • All future premiums are waived in the event of Death, Total and Permanent Disability or diagnosis of any of the 36 critical illness of the life insured

Read aboutEndowment and Saving policy: How does it work?

Read AboutEndowment and Saving policy: Is it the best option?

Features of China Life FlexiCash Growth at a glance

Cash and Cash Withdrawal Benefits

Cash value: Yes
Cash withdrawal benefits: Yes

Health and Insurance Coverage

Death: Yes
Total Permanent Disability: Yes
Terminal Illness: Yes
Critical Illness: No
Early Critical Illness: No

Health and Insurance Coverage Multiplier

Death: No
Total Permanent Disability: No
Terminal Illness: No
Critical Illness: No
Early Critical Illness: No

Optional Add-on Riders


Additional Features and Benefits


For further information and details, refer to China Life website. Alternatively, fill up the form below and let us advise accordingly.

Read AboutEffects of compounding returns

Read About3 things to consider before taking up a new financial product

China Life FlexiCash Growth may be suitable if you are looking for

China Life FlexiCash Growth may potentially be a good fit if the following matters to you:

  • A hassle-free application without medical underwriting
  • Short to medium term endowment and savings plan
  • If you are looking to save regularly over a period of time
  • To potentially generate higher financial returns compared to bank accounts
  • Some liquidity or flexibility of withdrawal in your Insurance policy

China Life FlexiCash Growth may not be suitable if you are looking for

China Life FlexiCash Growth may potentially be a bad fit if the following matters to you:

  • Health and Protection coverage
  • High insurance coverage for Death or Terminal Illness
  • Insurance coverage for Early Critical Illness, Critical Illness or Total Permanent Disability
  • Lifetime regular cash payout
  • A one-time premium commitment with no further cash commitment
  • Potentially higher financial returns compared to a pure investment product
  • Insurance policy with a high surrender value in the early years of the policy

Read AboutHow can I accumulate a million dollars (Realistically)

Further considerations on China Life FlexiCash Growth

  • How are China Life or China Life FlexiCash Growth investment returns based on historical performance?
  • How does China Life FlexiCash Growth compare with Endowment policies from other insurance companies?
  • Can China Life FlexiCash Growth fulfill my financial, insurance, health, and protection needs?

The above information may not fully highlight all the product details and features of China Life FlexiCash Growth. Talk to us or seek advice from a financial adviser before making any decision about China Life FlexiCash Growth.

Always ensure your long-term financial goals and objectives are aligned with the financial product you are considering taking up.

Read About3 best Savings plans and endowment policies in Singapore (updated 2023)

Where can I compare the payout and benefits of saving plans and endowment policies?

Before committing to an insurance policy, it certainly pays to make an effort to compare. Specific product features, benefits, and payouts will differ more than you think across insurance companies. Why regret only years later, when you find out that you are not getting the best insurance policy available for the premium paid?

Use our Compare NOW feature to receive the most competitive quotes on saving plans and endowment policies.

Alternatively, you just need to provide us with a couple of details below.

Is China Life FlexiCash Growth suitable for me?

Contact InterestGuru using the form below. Our panel of licensed financial advisers will advise accordingly, based on your financial profile and protection needs.

All financial reviews and proposals provided are 100% free of charge. There will be no obligation to take up any proposed financial products or services in any way.

*For a limited time, get attractive incentives when you take up any products that is proposed by our team of financial planners.

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Before you go...
China Life FlexiCash Growth may be a good fit towards your current financial goals. However, there could be way more plans out there with features and/ or benefits that could be more relevant to you at a lower cost.
Drop us a message and find out about customised options across multiple insurance companies. You deserve to get the best out of your hard-earned savings!


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