GREAT Wealth Multiplier 3

1.   What is GREAT Wealth Multiplier 3?

GREAT Wealth Multiplier 3 is a participating regular premium endowment insurance plan with premium payment options of 5, 10, or 15 years. A single premium payment option is also available. It provides a maturity benefit upon maturity at the policy anniversary at which the life assured, named as at the inception of the policy, is age 120 next birthday.

It also allows you to take part in the performance of the participating fund in the form of bonuses that are not guaranteed.

2.   What is the coverage under GREAT Wealth Multiplier 3?

GREAT Wealth Multiplier 3 provides you with financial protection against death, total and permanent disability⁴ (TPD), and terminal illness.

For single premium policies, if the life assured suffers from death, TPD or terminal illness during the policy term, we will pay a lump sum benefit of 105% of the standard single premium⁶, OR the guaranteed surrender value, whichever is higher, plus bonuses (if any), less any debt under the policy. The policy will terminate after we make this payment.

For regular premium policies, if the life assured suffers from death, TPD or terminal illness during the policy term, we will pay a lump sum benefit of 105% of the total standard annual premium⁷, OR the guaranteed surrender value, whichever is higher, plus bonuses (if any), less any debt under the policy. The policy will terminate after we make this payment.

There are certain situations when we will not pay the benefits under this policy. You can refer to the Product Summary for more details.

3.   What types of bonus(es) will I be receiving?

GREAT Wealth Multiplier 3 provides both guaranteed and non-guaranteed benefits. The guaranteed benefits, including bonuses which have already been declared, will be paid regardless of how the participating fund performs. Non-guaranteed benefits are in the form of future bonuses. The future bonuses which have yet to be declared are not guaranteed and are dependent on the performance of the participating fund. There are two main types of bonuses for GREAT Wealth Multiplier 3:

• Reversionary bonus;
• Terminal bonus. 

The reversionary bonus is declared yearly (if any). Once declared, it will form part of the guaranteed benefit of the policy. However, where the premiums for your policy are paid by way of regular payments, it can only be added to your policy benefits after three (3) full policy years or otherwise as decided by us, and where the premium for your policy is paid by way of a single payment, it can only be added to your policy benefits after one (1) full policy year or otherwise as decided by us.

You will receive the reversionary bonus (if any) and the terminal bonus (if any) in a lump sum when:

     (a) There is a claim admitted under the policy that terminates the policy;

     (b) Your policy matures; or

     (c) You surrender your policy,

     whichever event first occurs.

We usually review the reversionary and terminal bonuses yearly.

4.   How will I be informed on the performance of the policy?

You will receive an annual bonus update that will include the following:

• The performance of the participating fund and its future outlook, which you should receive around the second quarter of each year after bonus is declared for your policy; and
• An annual statement regarding bonuses for your policy, which you should receive around the second quarter of each year after bonus is declared for your policy. 

When there is a change in the rate of bonuses declared, you can ask us for an update of the illustrated values.

5.   What happens if you surrender the policy early?

If you surrender your policy after the 14-day free-look period, you may lose part or all of the premiums paid. This is because the surrender value, if any, that is payable to you may be zero or less than the total premiums paid.

6.   What happens if you do not pay your premiums on time?

For regular premium policies, if you do not pay your premiums on time, your policy may lapse after the 30-day grace period. There will be no protection if your policy lapses.

However, you may reinstate the policy within 6 months from the date it lapsed and usual reinstatement conditions apply.

7.   What are the fees and charges?

We have included fees and charges when working out the premium and you will not be separately charged for these. Please refer to the Product Summary for details of the fees and charges.

¹ Based on the illustrated cash value at the end of policy year 60, premium payment term of 5 years and an Illustrated Investment Rate of Return (IIRR) of the participating fund at 4.25% p.a.. Based on an IIRR at 3.00% p.a., the multiplied returns are up to 4.4X or more. Potential returns are not guaranteed and are dependent on the premium payment term and policy year when the plan terminates. The actual benefits payable may vary according to the future performance of the participating fund.

²Capital guarantee is on the condition that no policy alterations are made. Capital is guaranteed from the end of the 10th policy year for single premium policy, from the end of the 15th policy year for premium payment terms of 5 years and 10 years, and from the end of the 20th policy year for premium payment term of 15 years.

³ For single premium policy, the company will pay the higher of the following plus bonuses (if any) in one lump sum, less any debt: (a) 105% of the standard single premium; or (b) the guaranteed surrender value. For regular premium policy, the company will pay the higher of the following plus bonuses (if any) in one lump sum, less any debt: (a) 105% of the total standard annual premium; or (b) the guaranteed surrender value.

⁴ For Total and Permanent Disability (TPD) that takes the form of total and irrecoverable loss of the: (a) sight in both eyes; (b) use of two limbs at or above the wrist or ankle; or (c) sight in one eye and the use of one limb at or above the wrist or ankle, the life assured will be covered for the whole of the policy term. For other forms of TPD, it must occur before the policy anniversary on which the life assured is age 65 next birthday.  You are advised to refer to the product summary for more details, including other forms of TPD.

⁵ This plan matures on the policy anniversary at which the life assured as at the inception of the policy (Josh for this example), is age 120 next birthday.

⁶ Standard single premium refers to the single premium of the policy without any loadings, discount and premiums of attaching rider(s) (if any).

⁷Standard annual premium refers to the annual premium of the policy without any loadings, discount and premiums of attaching rider(s) (if any).

* The figure comprises guaranteed and non-guaranteed benefits. The non-guaranteed benefits are illustrated based on the IIRR of the participating fund at 4.25% p.a.. Based on an IIRR of 3.00% p.a., the illustrated cash values at the end of year 20, 40, 60 and 119 are S$34,433 (>1.4X of total premiums paid), S$58,213 (>2.4X of total premiums paid), S$106,423 (>4.4X of total premiums paid) and S$716,746 (>29.9X of total premiums paid) respectively. The actual benefits payable may vary according to the future performance of the participating fund.

All ages specified refer to age next birthday.

All figures used are for illustrative purposes only and are subject to rounding.

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 terms, conditions and exclusions 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.

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 Chinese versions, the English version shall prevail. 

Information correct as at 17 August 2026.