With Annual Cashback Endowment, you’ll get extra cash for your immediate or future needs. This savings plan delivers a guaranteed cash payout in every year of its term1, plus a lump sum payment at the end of the term.
These annual payouts will help bring your dreams a little closer – whether it’s getting a surprise for a loved one, going on holiday, or sprucing up the home.
Starting from the second year of the plan, you’ll receive an annual payout1. Plus, you’ll also get a maturity payout2 at the end of the plan term.
Throughout the duration of the plan, you’ll be covered against death, terminal illness, and total and permanent disability3.
You can opt for an 18-year or 25-year plan – whatever your choice, you can pay premiums either for a limited period or throughout the plan term.
For a higher total payout at the end of the plan term, simply re-invest your annual cash payout and earn even greater returns4.
Talk to your Great Eastern distribution representative to see which insurance solutions are right for you. No Planner yet? Simply browse through our list of distribution representatives.
No. 17 & 18
Block B, Bangunan Habza
Simpang 150, Kampong Kiarong
Bandar Seri Begawan
Please do take note of the below to ensure you fully understand what this product does and does not cover. If in doubt, contact your Great Eastern distribution representative or have us call you back.
1 From the end of the second policy year until the end of the second last policy year. Guaranteed annual cashback is 5% of the plan’s sum assured.
2 Non-guaranteed. The projected maturity payout is 40% of the sum assured (for the 18-year plan) and 25% of the sum assured (for the 25-year plan), plus non-guaranteed bonus.
3 Total and Permanent Disability covers:
4 The current interest rate is 3% p.a. for re-investment. This rate is not guaranteed and is subject to change without notice.
5 Illustration is based on a male, non-smoker, with basic sum assured of $30,000.
* The illustrated value is based on a projected investment rate of return of 4.75% p.a. As the bonus rate used for the benefit illustrated is not guaranteed, the actual benefits payable will vary according to the future experience of the Participating Fund.
All ages specified refer to age next birthday.
This policy is only for Brunei Citizens/Permanent Residents (PRs). If your not a Brunei Citizen/PR, you have to meet certain residency requirements before you can apply for a policy or renew it.
The above is for general information only. It is not a contract of insurance. The precise terms and conditions of this insurance plan are specified in the policy contract.
Buying a life insurance policy is a long-term commitment. An early termination of the policy usually involves high costs and the surrender value payable, if any, may be less than the total premiums paid.
In case of discrepancy between the English and the Chinese versions, the English version shall prevail.
Information correct as on 27 February 2015.