MaxRetire Income

Monthly retirement income
to secure your golden years

Three
payout ages

to choose from

Steady stream

of monthly retirement income

Eligibility

  • For Singaporeans: 25 to 55 years old (age next birthday)
  • For foreigners: 25 to 54 years old (age next birthday)

MaxRetire Income is a regular premium endowment insurance plan designed to let you retire in comfort by providing a steady stream of monthly retirement income.

Do note MaxRetire Income is not a fixed or savings deposit, but an endowment insurance plan.

  1. The flexibility to meet your retirement needs:
    • Pay for 10 years, or until age 60 (age next birthday).
    • Receive your monthly retirement income from age 65 to either age 85 or 100 (age next birthday).
    • Change your chosen retirement payout age from age 65 to either age 67 or 70 (age next birthday). Simply provide your instructions to The Great Eastern Life Assurance Company Limited 6 months before the first monthly retirement income is paid out.
  2. Hassle-free application:
    • No medical underwriting is required when you apply for MaxRetire Income.
  3. Insurance coverage:
    • MaxRetire Income provides insurance coverage against death. It also has a compulsory Premium Waiver TPD (Own Life) Rider that waives off future premiums for the basic plan and any attaching riders in the event that the insured person suffers from total and permanent disability during the premium term.

Mrs. Tan, age 45, a non-smoker, plans to retire at 65 years old. She would like to receive a guaranteed monthly retirement income of S$1,000 for 20 years till she is 85 years old. She selects MaxRetire Income and will pay her premiums annually for 10 years.

protection need

The figures used are for illustrative purposes only and age refers to age next birthday. Please refer to the policy illustration and product summary for the exact values. The non-guaranteed bonuses are based on an illustrated investment rate of return of the participating fund at 4.75% p.a. Based on an illustrated investment rate of return at 3.25% p.a., the total retirement benefits for payout ages of 65, 67 and 70 will be S$281,950, S$299,051 and S$321,088 respectively. The total illustrated yield at maturity for the payout age of 65 is 2.81% p.a. The actual benefits payable will vary accordingly to the future performance of the participating fund.

2 ways to apply

Call us at
(65) 6722 2293

Operating hours are from 9am to 6pm, Monday to Friday (Excluding public holidays)



New Form Entry New Page Import Edit Upload Submit
New Form Entry New Page Import Edit Upload Submit
New Form Entry New Page Import Edit Upload Submit