Great Eastern GREAT Wealth Multiplier Review

The complete Pros and Cons on Great Eastern GREAT Wealth Multiplier

Great Eastern GREAT Wealth Multiplier is an endowment insurance policy boasting returns up to 10x of total premiums paid with coverage against Death, TPD, and TI.

Great Eastern GREAT Wealth Multiplier product details

  • Life policy – Endowment and Saving policy
  • Premium Payment 
    • Choose to save for 5, 10, or 15 years
  • Partial Withdrawal
    • Flexibility to make withdrawals at any time for any purpose
  • Investment Returns
    • Enjoy 100% capital guarantee from the 15 policy year onwards
    • Receive guaranteed and non-guaranteed returns up to 10x of total premiums paid
  • Coverage
    • Be covered 110% of total standard premiums paid and 101% of total surrender value against Death, Total and Permanent Disability, and Terminal Illness
  • Hassle-free application
    • Guaranteed acceptance with no health questions asked

Read aboutEndowment and Saving policy: How does it work?

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

Features of Great Eastern GREAT Wealth Multiplier 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

  • Premium Waiver 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 aboutEffects of compounding returns on your saving

Read aboutWhere do I start with financial planning

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

Great Eastern GREAT Wealth Multiplier 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
  • Liquidity or flexibility of withdrawal in your Insurance policy.

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

Great Eastern GREAT Wealth Multiplier 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 dollar (Realistically)

Further considerations on Great Eastern GREAT Wealth Multiplier

  • How is Great Eastern or Great Eastern GREAT Wealth Multiplier investment returns based on historical performance?
  • How does Great Eastern GREAT Wealth Multiplier compare with Endowment policy from other insurance companies?
  • Can Great Eastern GREAT Wealth Multiplier 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 Multiplier. Talk to us or seek advice from a financial adviser before making any decision about Great Eastern GREAT Wealth Multiplier.

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 About3 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.

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

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Is Great Eastern GREAT Wealth Multiplier 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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You have a yearly savings budget (annual premium) of:

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Before you go...
Great Eastern GREAT Wealth Multiplier 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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