AN EXAMPLE OF HOW YOU CAN VARY YOUR
PROTECTION WITH A CONSTANT PREMIUM.*
Life Stage
Protection & Financial Scenarios and
Changes Expected
Age
Premium
Basic Sum Assured
Single
You’re young and forging your career or business, needing
a smaller amount of protection coverage. Accumulating wealth
and growing your investments are your priority.
25
1,200
50,000
Married
Just got married and bought a home? You would probably want
to increase your insurance protection to cover your new responsibilities.
30
1,200
100,000
Parent
You need maximum insurance cover to give your family and children
the financial security they need. You may also want to save
for their education and to withdraw regularly from your investment
for those University days.
33
1,200
150,000
Empty Nest
Once the children become independent, you may decide to reduce
your insurance cover and concentrate on building your investment
nest-eggs for retirement.
55
1,200
75,000
Retirement
You’re ready to live your golden years in comfort. You
may want to withdraw a regular income to cover your expenses.
You may also choose to stop paying premiums but maintain a basic
level of coverage.
60
0
50,000
*
The above illustrated
values are based on a projected investment rate of return
of 5% p.a., which is not guaranteed. The actual benefits
payable may vary according to the future performance of
the funds invested.
**
The TIV illustrated is nett of all
policy charges.
LIG Let Great Eastern make it work for you! Contact your Life Planner from Great Eastern to discover more.
