Family3 - Series 2 Overview Family3– Series2 is an enduring gift of love that
will financially benefit 3 generations, allowing your children and
grandchildren to reap the rewards of your thoughtful planning. This
plan allows you to establish a legacy for your generations to come,
ensuring continuous financial security for your loved ones who matter
most.
Key
Benefits
Short Premium Term Choose from short premium payment terms of 10 years or 15 years and receive benefits that will last through lifetimes. Premium rates are guaranteed
throughout the premium term.
Guaranteed Annual Cashback At the end of the premium payment term, the plan will provide
guaranteed annual cashback of 2.0% of the sum assured. This will
continue to be paid for as long as the life assured lives.
Annual Cash Bonus From the end of the 2nd to the 9th policy year, the plan
will provide a projected annual cash bonus of 0.8%1 of
the sum assured. From the end of the 10th policy year onwards, it
will increase to 2.0%1 of the sum assured. These cash
bonuses will be paid in addition to the guaranteed annual cashback.
Accumulate Your Payouts You can choose to encash your annual payouts and spend any way you please, year after year. Alternatively, you may redeposit the annual payouts back with
Great Eastern to accumulate them at an attractive interest rate at 3% p.a.2
Waiver of Premiums By adding on a Payer Benefit Rider (living assurance), upon diagnosis of a critical illness, death or total and permanent disability of the payer, all
remaining premiums will be waived.
Leaving a Legacy Upon the death of the life assured, Family 3 will provide the necessary financial security with a death benefit of up to the higher of your sum assured or
total annual premiums paid, plus any applicable terminal bonus3.
1As the cash bonus rate used for benefits illustrated are not guaranteed, the actual benefits payable will vary according to the future
performance of the participating fund.
2Based on the prevailing interest rate. This rate is not guaranteed and is subject to change without notice.
3Please refer to the product summary for more details.
LIG Let Great Eastern make it work for you! Contact your Life Planner from Great Eastern to discover more.
The above is for
general information only. It is not a contract of insurance. Please
refer to the policy document for the precise terms and conditions
of the insurance plan.
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 premium paid.
