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 participating 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 Benefit, which will pay off 100% of the annual premium from the end of the 5th policy year to a year before maturity, upon the survivorship of the life assured.
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 old (age nearest birthday) non-smoker. He wants to buy MaxGrowth Enhanced with a sum assured of S$50,000.

The figures used are for illustrative purposes only. Please refer to the policy illustration and product summary for the exact values. Premiums are computed based on age nearest birthday, sex, policy term, sum assured and smoking status. The non-guaranteed bonuses are based on a projected investment rate of return of 4.50% p.a. and the actual benefits payable will depend on how the participating fund performs in the future.




Want to know more about MaxGrowth Enhanced?

Call us


1800 363 3333

 

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