Great Eastern GREAT Flexi Goal is a regular premium endowment plan designed to grow your money through potential returns with choice of premium payment terms. This plan lets you attain your life goals with certainty and guaranteed acceptance for coverage against Death, Total and Permanent Disability and Terminal Illness.
Great Eastern GREAT Flexi Goal product details
- Life policy – Endowment and Saving policy
- Look forward to a lump sum payout with an attractive yield of up to 3% p.a. upon maturity to achieve your life goals with greater ease.
- Capital guaranteed upon maturity
- With a selection of either 15-year or 20-year policy terms, you can customise a plan that best suits your budget deciding between premium payment terms of Limited or Full Pay over 15 years or Full Pay over 20 years.
Read about: Endowment and Saving policy: How does it work?
Read about: Endowment and Saving policy: Is it the best option?
Features of Great Eastern GREAT Flexi Goal at a glance
Cash and Cash Withdrawal Benefits
Cash value: Yes
Cash withdrawal benefits: No
Health and Insurance Coverage
Total Permanent Disability: Yes
Terminal Illness: Yes
Critical Illness: No
Early Critical Illness: No
Health and Insurance Coverage Multiplier
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 Great Eastern website. Alternatively, fill-up the form below and let us advise accordingly.
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Great Eastern GREAT Flexi Goal may be suitable if you are looking for
Great Eastern GREAT Flexi Goal 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
- To saving regularly over a period of time
- To potentially generate higher financial returns compared to bank accounts
Great Eastern GREAT Flexi Goal may not be suitable if you are looking for
Great Eastern GREAT Flexi Goal may potentially be a bad fit if the following matters to you:
- Liquidity or flexibility of withdrawal in your Insurance policy.
- High insurance coverage for Death, Total and Permanent Disability, or Terminal Illness
- Insurance coverage for Early Critical Illness, Critical Illness or
- 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 About: How can I accumulate a million dollar (Realistically)
Further considerations on Great Eastern GREAT Flexi Goal
- How is Great Eastern or Great Eastern GREAT Flexi Goal investment returns based on historical performance?
- How does Great Eastern GREAT Flexi Goal compare with Endowment policy from other insurance companies?
- Can Great Eastern GREAT Flexi Goal fulfill my financial, insurance, health, and protection needs?
The above information may not fully highlight all the product details and features on Great Eastern GREAT Flexi Goal. Talk to us or seek advice from a financial adviser before making any decision about Great Eastern GREAT Flexi Goal.
Always ensure your long-term financial goals and objectives are aligned with the financial product you are considering to take up.
Read about: How can I accumulate a million dollar (Realistically)
Read About: 3 best Savings plans and endowment policies in Singapore (updated Jan 2020)
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.
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Is Great Eastern GREAT Flexi Goal suitable for me?
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