Great Eastern provides you with a range of flexible whole life insurance solutions so you will get to protect yourself and your loved ones with what is needed to suit your needs, it has FlexiLife, Prestige Life Gold and Supreme Protect.
The most popular Great Eastern whole life insurance plan is FlexiLife. It has below benefits:
1. Comprehensive lifetime protection
FlexiLife comes with presumptive total and permanent disability benefit which protects you against total and permanent disability throughout your lifetime. And if you are diagnosed with a terminal illness, FlexiLife has got you covered. This benefit that you will receive can provide your family with funds to cope with any loss of income, pay unexpected expenses, or even serve as your financial legacy for your loved ones.
2. Flexible payment terms
FlexiLife gives you the flexibility to decide a payment term that best suits you. You can choose to pay your premiums in one lump sum or opt to pay over a 20-year payment term or up to age 80 next birthday.
3. Protection that grows with you
With FlexiLife, your protection level can potentially increase over the years. That’s because this whole life participating insurance plan accumulates cash value over time.
4. Enjoy additional coverage with supplementary benefits
Enhance your coverage against accidents, loss of income due to disability, critical illness or hospitalisation by adding supplementary benefits to your basic plan for a more comprehensive coverage. Here are two supplementary benefits you could consider for your FlexiLife plan.
Get added protection with a critical illness supplementary benefit that provides a lump sum payout upon diagnosis of any of the 30 covered Critical Illnesses such as Major Cancers, Stroke, Heart Attack and Kidney Failure. You can also choose the benefit that extends coverage to early stage critical illnesses. The financial payout will be helpful to defray costly surgery, nursing care expenses and rehabilitation treatments.
Extend your coverage with a disability income benefit that provides a continuous source of income during the period of a disability. It also supplements your income should you suffer a salary reduction when you return to work in a reduced capacity.
As Independent Financial Consultants, we provide insurance plans from most of insurance companies. We list several popular whole life insurance plans from different insurance company for your comparison as below:
Have you ensured the security of your family’s future?
While 6 in 10 Singaporeans claim to have a clear idea of how much their dependents will need in the event of their death or disability
Nearly 7 in 10 have prepared 50% or less of the life insurance cover they think is required
The Life Insurance Association of Singapore estimates that the average Singaporean is under-insured by more than S$300,000.
Taking care of your family is your top priority in life.
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