Great Eastern DIRECT-Great Term product details
- Non-participating policy – Term policy
- Provide protection against death, terminal illness and total and permanent disability
- 2 options available: DIRECT – Great Term and DIRECT – Great 5yr Term
- DIRECT – Great Term: policy term of 20 years, or up to age 65
- DIRECT – Great 5yr Term: five-year term plan which is renewable for the same sum assured at the date of expiry up to age 80 next birthday of the life assured. The term of such renewal will be five years
Read About: Term Policy: How does it work?
Read About: 3 things to consider before taking up a new financial product
Features of Great Eastern DIRECT-Great Term at a glance
Cash and Cash Withdrawal Benefits
Cash value: No
Cash withdrawal benefits: No
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
Critical illness benefit rider
Additional Features and Benefits
Yes.
For further information and details, refer to Great Eastern website. Alternatively, fill up the form below and let us advise accordingly.
Read Also: No budget for financial planning?
Great Eastern DIRECT-Great Term may be suitable if you are looking for
Great Eastern DIRECT-Great Term may potentially be a good fit if the following matters to you:
- High Health and Protection coverage
- High insurance coverage for Death or Terminal Illness
- High insurance coverage for Early Critical Illness, Critical Illness or Total Permanent Disability
- Lower initial premium compared to other types of insurance policies
- Looking to boost insurance coverage or fill shortfall in insurance portfolio
Great Eastern DIRECT-Great Term may not be suitable if you are looking for
Great Eastern DIRECT-Great Term may potentially be a bad fit if the following matters to you:
- Long-term cash accumulation
- Regular cash payout
- A one-time premium commitment with no further cash commitment
- Insurance policy with a surrender value.
Further considerations on Great Eastern DIRECT-Great Term
- How is Great Eastern or Great Eastern DIRECT-Great Term payout and claims based on past track record?
- How does Great Eastern DIRECT-Great Term compare with Term policy from other insurance companies?
- Can Great Eastern DIRECT-Great Term fulfil my financial, insurance, health and protection needs?
The above information may not fully highlight all the product details and features on Great Eastern DIRECT-Great Term. Talk to us or seek advice from a financial adviser before making any decision about Great Eastern DIRECT-Great Term.
Always ensure your long-term financial goals and objectives are aligned with the financial product you are considering to take up.
Is Great Eastern DIRECT-Great Term 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.
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