GREAT Wealth Advantage | Regular Premium Investment-linked Plan

Critical illness: For continued coverage against all stages of critical illness, consider GREAT Life Advantage with its Complete MultiPay CI Plus Advantage Rider.

Hospitalisation: To cover the cost of hospitalisation, surgical or medical expenses - and make up for loss of income due to hospitalisation - consider GREAT SupremeHealth, GREAT TotalCare and Supreme MediCash. 

¹ Credited into the policy in the form of extra units upon receipt of each basic regular premium payable for the first policy year. It will not be paid while the policy is on premium holiday.

² For the full-pay policy, Loyalty Bonus payable is equal to 0.15% of the account value at the end of the policy year. It will be paid annually in the form of extra units from the end of the 10th policy year onwards. For the 5-year limited-pay policy, Loyalty Bonus payable is equal to 0.30% of the account value at the end of the policy year. It will be paid annually in the form of extra units from the end of the 5th policy year to the 10th policy year. Payment of the Loyalty Bonus for each policy year is subject to all the basic regular premium being paid up to date and there are no withdrawals in that policy year.

 ³ The Death Benefit will be payable in one lump sum as follows, if the life assured dies:

(a) 105% of total basic regular premiums paid plus 105% of total single premium top-ups paid (if any), less 105% of total withdrawals (if any), including any withdrawal charges; or

(b) account value, whichever is higher.

If the life assured is diagnosed with a Terminal Illness or Total and Permanent Disability, the Death Benefit will be paid in one lump sum.

⁴ Coverage for Presumptive Total and Permanent Disability (TPD) is for the whole of the policy term, while coverage for other forms of TPD is till age 65. Presumptive TPD refers to a state of incapacity which is total and permanent and takes the form of:

(a) total and irrecoverable loss of sight in both eyes;

(b) total and irrecoverable loss of use of two limbs at or above the wrist or ankle; or

(c) total and irrecoverable loss of sight in one eye and the use of one limb at or above the wrist or ankle.

Please refer to the product summary for details on other forms of TPD.

⁵ Subject to partial surrender limits and charge.

⁶ Subject to premium holiday charge.

^* The 60% Welcome Bonus rate is applicable with a minimum annual basic regular premium of S$18,000 for the first policy year under the full-pay policy. Different rates for the Welcome Bonus will apply where the annual basic regular premium for the full-pay policy is less than S$18,000 and for the 5-year limited-pay policy.

All figures in the above illustration are based on an Illustrated Investment Rate of Return (IIRR) of 8% p.a. and a fund management charge of 1.25% p.a., and are subject to rounding.

^‡ The 40% Welcome Bonus will be payable with a minimum annual basic regular premium of S$12,000 paid for the first policy year under the full-pay policy. It will not be paid while the policy is on premium holiday.

^§ Based on an IIRR of 8% p.a.. Based on IIRR of 4% p.a., the Loyalty Bonus is S$189.

^ǁ At an IIRR of 4% p.a., Melissa will receive a potential payout of S$548,900, and the total premium paid will be S$360,000.

^¶ At an IIRR of 4% p.a., Melissa will receive a potential payout of S$1,292,086, and the total premium paid will be S$600,000. 

The two rates of return used (4% p.a. and 8% p.a.) are purely illustrative and do not represent upper and lower limits on the investment performance. The actual benefits payable will depend on the actual performance of the underlying assets of the funds. The performance of the funds is not guaranteed and the surrender value may be less than the total premiums paid.

All ages specified refer to age next birthday.

This advertisement has not been reviewed by the Monetary Authority of Singapore.

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.

As buying a life insurance policy is a long-term commitment, an early termination of the policy usually involves high costs and the surrender value, if any, that is payable to you may be zero or less than the total premiums paid.

Investments in this plan are subject to investment risks including the possible loss of the principal amount invested. Please refer to Fund Details and Product Highlights Sheet for the specific risks of the fund(s). Past performance is not necessarily indicative of future performance.

A Product Summary and a Product Highlights Sheet in relation to the fund(s) may be obtained through The Great Eastern Life Assurance Company Limited or its financial representatives. Potential investors should read the Product Summary and the Product Highlights Sheet before deciding whether to invest in the fund(s). Returns on the units of the fund(s) are not guaranteed. The value of the units in the fund(s) and the income accruing to the units, if any, may fall or rise.

This policy is protected under the Policy Owners’ Protection Scheme which is administered by the Singapore Deposit Insurance Corporation (SDIC). Coverage for your policy is automatic and no further action is required from you. For more information on the types of benefits that are covered under the scheme as well as the limits of coverage, where applicable, please contact us or visit the Life Insurance Association (LIA) or SDIC websites (www.lia.org.sg or www.sdic.org.sg).

In case of discrepancy between the English and the Chinese versions, the English version shall prevail.

Information correct as at 29 July 2022.