Great Eastern Term Insurance
Great is planning ahead for a brighter future
You may have started your first job recently or are planning to get married soon. Perhaps you just became a parent for the first time. Whichever stage of life you’re in, the days ahead certainly seem full of exciting possibilities.
At Great Eastern Life, we understand you want to protect all that is precious to you. At the same time, you may have existing financial commitments and other expenses to take care of.
Flexi Term and Flexi Living Term offer affordable, essential protection you need – and the reassurance that your loved ones will be taken care of.
Giving you greater peace of mind so you can focus on what’s important to you – it’s just another way we can help you to LIVE GREAT.
Key Benefits
Key coverage
Get the essential protection you need with coverage against Death, Total and Permanent Disability (TPD), Terminal Illness, and Critical Illness.
TPD coverage beyond age 65
Stay protected against TPD throughout the policy term, even after you turn 65. With the TPD benefit, Flexi Term and Flexi Living Term can extend your coverage beyond what is commonly offered, until age 85 or the end of the policy term, whichever is sooner.
Choice of coverage terms
Choose your desired coverage term according to your lifestyle needs. Enjoy the fl exibility to select any policy term starting from six years, or be covered up to age 85.
Pay the same premium throughout the policy term
Enjoy level premiums throughout the policy term, based on your age when you fi rst sign up. This means you can continue to enjoy high protection coverage as you age, without any increase in premium.
Enhanced protection with supplementary riders
Add supplementary riders to get comprehensive coverage against accidents, hospitalisation or disability.
More choices with Flexi Term (5-Year R&C*) or Flexi Living Term (5-Year R&C*)
Enjoy greater affordability and fl exibility with Flexi Term (5-Year R&C*) or Flexi Living Term (5-Year R&C*). These plans allow you to renew your plan every fi ve years and the last renewal is when you turn age 80. These plans come with affordable premiums from as low as S$0.43† a day and the renewal is guaranteed, regardless of your health
conditions.
During the policy term, you can also benefi t from its convertibility option to change your term plan into a whole life, endowment or investment-linked plan, with no medical underwriting while maintaining your basic coverage.
For your little ones, Flexi Term (5-Year R&C*) or Flexi Living Term (5-Year R&C*) provide the essential protection from as early as one year old and they enjoy the choice to convert it into a whole life, endowment or investment-linked plan in later years.
* Renewable & Convertible.
† Based on age 25 next birthday, male, non-smoker, sum assured of S$200,000. Daily premium calculated is based on Flexi Term (5-year R&C*) annual premium divided by 365 days. Premium rates for Flexi Term (5-Year R&C*) are guaranteed during policy term. For each renewal term, premium rates are not guaranteed and will be based on age next birthday of Life Assured at the point of each renewal.
As Independent Financial Consultants, we provide insurance plans from most of insurance companies. We list several popular term insurance plans from different insurance company for your comparison as below:
- AIA Term Insurance
- NTUC Term Insurance
- AVIVA Term Insurance
- Great Eastern Term Insurance
- Prudential Term Insurance
- HSBC Term Insurance
- Tokio Marine Term Insurance
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.