Great Eastern GREAT Wealth Advantage Review

The complete Pros and Cons on Great Eastern GREAT Wealth Advantage

Starting from $200 a month, Great Eastern GREAT Wealth Advantage is an investment-linked policy that offers protection against Death, TPD, and TI, offering bonuses to give your investments boosts

Great Eastern GREAT Wealth Advantage product details

  • Life Policy – Investment-linked policy
  • Coverage
    • Be covered 110% of all premiums paid or account value, whichever is higher, against Death, Total and Permanent Disability, and Terminal Illness
  • Welcome Bonus
    • Receive a welcome bonus of 5% of basic regular premiums paid for the first policy year
  • Loyalty Bonuses
    • From the 10th policy year onwards, receive an additional 5% of basic regular premiums paid per year
  • Premium Payments
    • Start from $200 a month
    • Choose to make single premium top-ups anytime
  • Partial Withdrawals
    • From the 10th policy year onwards, you can choose to withdraw without additional fees
  • Hassle-free application
    • Guaranteed acceptance with no health questions asked

Read AboutHow does Investment-Linked Policy work?

Read AboutInvestment-Linked Policy: Is it the best option?

Features of Great Eastern GREAT Wealth Advantage 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

N/A

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.

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Great Eastern GREAT Wealth Advantage may be suitable if you are looking for

Great Eastern GREAT Wealth Advantage may potentially be a good fit if the following matters to you:

  • Initial high protection for Death, Total and Permanent Disability, and Terminal Illness coverage at an affordable premium
  • Health and Protection coverage due to a shortfall in your Insurance Portfolio
  • To participate in the long-term financial returns of investing
  • Liquidity or flexibility of withdrawal in your Insurance policy
  • Able to take investment risks and comfortable with financial market volatility
  • Potentially higher financial returns compared to traditional Endowment and Whole Life Policy

Great Eastern GREAT Wealth Advantage may not be suitable if you are looking for

Great Eastern GREAT Wealth Advantage may potentially be a bad fit if the following matters to you:

  • Life-long health and protection coverage due to increasing mortality charges
  • Guaranteed financial returns in the long-run
  • Insurance policy with a high surrender value in the early years of the policy
  • Expecting an urgent need for withdrawal during a financial market downturn
  • Initial high Early Critical Illness, Critical Illness, and Total Permanent Disability coverage in an Insurance Policy

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

Further considerations on Great Eastern GREAT Wealth Advantage

  • How are the investment returns of Great Eastern or Great Eastern GREAT Wealth Advantage based on historical performance?
  • How good is Great Eastern GREAT Wealth Advantage compared to Investment Linked Policy from other insurance companies?
  • Can Great Eastern GREAT Wealth Advantage 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 Wealth Advantage. Talk to us or seek advice from a financial adviser before making any decision about Great Eastern GREAT Wealth Advantage.

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

Read AboutHow can I accumulate a million dollar (Realistically)

Read About: 3 best Investment Linked Policies in Singapore for Wealth Accmulation (2020 Edition)

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Is Great Eastern GREAT Wealth Advantage suitable for me?

Contact InterestGuru using the form below. Our panel of Independent financial planners 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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Financial Solutions Enquiry Form

What kind of insurance do you require more information with?

What kind of protection products are you looking at ?

For which event do you wish to be protected for?

DeathTotal and Permanent DisabilityCritical Illness (Early stage)Critical Illness (Advance and Late stage)Income in the event of Disability

How many year are you willing to make payment for?


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Would you expect to do partial withdrawal in the short term for this sum of money?

How much funds are you looking to achieve? (in SGD)

How many year are you looking to save for this amount of fund?

How many years would you expect to require the full sum of fund?


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Before you go...
Great Eastern GREAT Wealth Advantage 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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