MaxGrowth Enhanced

Build your wealth while we cover you with protection

Save for your future goals

with this regular premium endowment plan

Pay premiums for only the

first 5 years

of the policy term

Eligibility

  • Minimum age:
    1 month old (age exact birthday)
  • Maximum age:
    60 years old for 15-year policy term (age nearest birthday)
    65 years old for 10-year policy term (age nearest birthday)
How to apply

MaxGrowth Enhanced is a participating1 regular premium endowment insurance plan that allows you to grow your wealth while receiving protection during the policy term.

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

Options for you to choose from:

Policy term
Choose between a 10- or 15-year policy term
Payment options
Choose to pay premiums yearly for the first 5 years OR Do a prepayment by paying a lump sum at the start of the policy term and enjoy 5% discount only for the first 5 years. This is only applicable for a 10-year policy term.

How can MaxGrowth Enhanced benefit you?

Grow your wealth
Receive a maturity benefit at the end of the policy term, which includes your sum assured (guaranteed) and non-guaranteed bonuses.
Premium offset
An annual premium is paid for the first 5 years and the premium for the remaining policy years will be offset. This is made possible with the Survival Benefit2 component within the policy.
Protection
Receive coverage for Death, Terminal Illness (TI) and Total and Permanent Disability (TPD) throughout the policy term.

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 may be less than the total premiums paid.
Example: Mr Koh is a 45 year-old3 non-smoker. He wants to buy MaxGrowth Enhanced with a sum assured of S$50,000.



Want to know more about MaxGrowth Enhanced?

Call us


1800 363 3333

 

OR

Get us to call you


Notes
  1. MaxGrowth Enhanced allows policyholders to participate in the performance of the Participating Fund in the form of bonuses (reversionary bonus and terminal bonus, where applicable) that are not guaranteed.
  2. Upon the survivorship of the Life Assured, a survival benefit of 100% of the annual premium will be payable from the end of the 5th policy year to a year before maturity. It will be used to offset annual premiums.
  3. Age specified refers to age nearest birthday.
  4. As the bonus rates used for the benefits illustrated above are not guaranteed, the actual benefits payable will vary according to the future experience of the Participating Fund. It is based on a projected investment rate of return of 4.50% p.a.
  5. As the bonus rates used for the benefits illustrated above are not guaranteed, the actual benefits payable will vary according to the future experience of the Participating Fund. It is based on a projected investment rate of return of 4.75% p.a.
  6. Premiums are computed based on age nearest birthday, sex, policy term, sum assured and smoking status.
Important Information