It’s the gift that keeps on giving, across generations. Family3 is a whole life savings plan that offers unique benefits for three generations – yourself, your child, and your grandchild.
The plan also helps you build your savings safely, offering lifelong guaranteed and potential cash payouts which your loved ones can re-invest for even greater returns.
After your premium term ends, you'll receive a guaranteed payout1 every year, for the rest of your life.
You’ll also get an annual cash bonus2 from the end of your plan's second year to its ninth year – and this will increase from the plan's 10th year.
This plan offers lifelong coverage against death, terminal illness, and total and permanent disability3.
You can grow your wealth by reinvesting the plan’s annual payouts at an annual interest rate of 3%*.You also have the freedom to withdraw your returns at any time.
You can pay your premiums over 10 or 15 years, or make a one-time payment on a 10-year plan and enjoy a 5% discount.
Waiver of premiums: To waive any premiums and ensure there's no disruption to your Family3 plan should the unexpected happen, consider Payer Benefit Rider.
Critical illness: To help pay for treatment expenses across three stages of illness - early, intermediate and critical - consider Critical Care Advantage.
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 The annual payout will be 2% of the sum assured.
2 The cash bonus will be 0.8% of the sum assured from the end of the plan's second year to its ninth year, and will increase to 2% of the sum assured from the plan's 10th year. These bonus rates are not guaranteed. The actual benefits payable will vary according to the future performance of the participating fund.
3 Total and Permanent Disability covers:
a. Presumptive Total & Permanent Disability (TPD) for the whole of the policy term. Presumptive TPD refers to a state of incapacity which is total and permanent and takes the form of:
i. total and irrecoverable loss of sight in both eyes; or
ii. total and irrecoverable loss of the use of two limbs at or above the wrist or ankle; or
iii. total and irrecoverable loss of the sight in one eye and total and irrecoverable loss of use of one limb at or above the wrist or ankle
b. Other forms of TPD until the insured person reaches 65 years of age.
* Based on the prevailing interest rate. This rate is not guaranteed and is subject to change without notice.
† Projected Cash Bonus of 0.8% of Sum Assured from end of Policy Year 2 to 9
‡ Projected Cash Bonus of 2% of Sum Assured and Guaranteed Cashback of 2% of Sum Assured from end of Policy Year 10 onwards
§ Prevailing interest rate at 3% p.a., subject to change
As the bonus rates used for the benefits illustrated above are not guaranteed, the actual benefits payable will vary according to the future performance 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.