GREATLife Endowment Insurance 3

Multiply your returns to meet your changing life goals

Why you will love this

Grow your wealth at up to 3.58% a year and more

Option to continue your policy with your loved ones

Features and benefits

Grow your wealth at up to 3.58% a year and more

Based on entry age of 25, retirement age of 65 and premium payment term of 10 years.

Based on entry age of 25, retirement age of 65 and premium payment term of 10 years.

Flexibility to make full or partial surrender

As long as there is a cash value. Basic sum assured will be reduced.

As long as there is a cash value. Basic sum assured will be reduced.

Enjoy guaranteed capital

From the end of the 15th year or 20th year, if no policy alterations are made.

From the end of the 15th year or 20th year, if no policy alterations are made.

Continue your policy with your loved one

Insure another loved one. If the unfortunate happens, the policy will insure your appointed loved one and continue to grow.

Insure another loved one. If the unfortunate happens, the policy will insure your appointed loved one and continue to grow.

No health check-up needed

No medical underwriting is required.

No medical underwriting is required.

Get essential insurance coverage

Receive coverage for Death, Total & Permanent Disability and Terminal Illness for as long as this policy is in effect.

Receive coverage for Death, Total & Permanent Disability and Terminal Illness for as long as this policy is in effect.

This is not a fixed or savings deposit. It is an endowment insurance plan.

Grow your wealth at up to 3.58% a year and more

Based on entry age of 25, retirement age of 65 and premium payment term of 10 years.

Flexibility to make full or partial surrender

As long as there is a cash value. Basic sum assured will be reduced.

Enjoy guaranteed capital

From the end of the 15th year or 20th year, if no policy alterations are made.

Continue your policy with your loved one

Insure another loved one. If the unfortunate happens, the policy will insure your appointed loved one and continue to grow.

No health check-up needed

No medical underwriting is required.

Get essential insurance coverage

Receive coverage for Death, Total & Permanent Disability and Terminal Illness for as long as this policy is in effect.

This is not a fixed or savings deposit. It is an endowment insurance plan.

How it works

Based on a yearly premium of 0 SGD for 0 years

Cashing out the policy after 0 years

I would like to set a yearly premium of 0 SGD

0 SGD

0 SGD

I would like to pay the yearly premium for 0 years

0 years

0 years

I will need this money in 0 years

0 years

0 years

See how your payout changes with different premium and policy durations.

Pay yearly premium of 0 SGD for 0 years

Total yearly premiums paid (0 years): 0 SGD

Year 15

Capital guaranteed at end of Year 15

Year 15

Total payout of 0 SGD

0x of total premiums paid

Illustrated return upon full surrender: 0% a year

Total payout

0 SGD

Guaranteed cash value

+

0 SGD

Non-guaranteed bonus

=

0 SGD

The figures used are for illustrative purposes only and are subject to rounding. Please refer to the policy illustration for the exact values. Premiums are computed based on premium payment term. The non-guaranteed bonuses are based on an illustrated investment rate of return of the participating fund at 4.25% a year. At an illustrated investment rate of return of the participating fund at 3.00% a year, the total payout at the end of policy year 0 will be 0 SGD and the return will be 0% a year. The actual benefits payable will vary according to the future performance of the participating fund.

Before you apply

Eligibility requirements

Minimum age

15 days from birth or discharge from hospital, whichever is later

Maximum age

70 years old (age next birthday)

What are the premium payment options?

You can choose to pay your premiums monthly or annually, over 5 years, 10 years, or 15 years.

For the 5-year premium payment term option, you can choose to pre-pay in advance in one lump sum, in exchange for a discount.

Can I purchase GREATLife Endowment Insurance 3 if I have pre-existing health conditions?

Yes, you can. However, if the life assured passes away due to a pre-existing condition within 12 months from the date the policy was issued, the policy will be void and all the premiums paid (less any debt and bonus paid under the policy) will be refunded. Payment of Terminal Illness (TI) benefit or Total and Permanent Disability (TPD) benefit will not be made if the life assured has pre-existing TI or pre-existing TPD, or pre-existing conditions that lead to a TI or TPD event within 12 months from the date the policy was issued.

Can I make a partial surrender if I need the cash during the policy term?

Yes, provided there is value in your policy. Note that if you make a partial surrender, it will reduce the value of your policy. Partial surrender is only allowed for prepaid policies after the 5-year premium payment term.

More questions and answers

or contact us at 1800 363 3333

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