Great Eastern Prestige Life Rewards Review

Great Eastern Prestige Life Rewards product details

• Life policy – Annuity
• With just a one-time investment, you’ll enjoy a guaranteed monthly lifetime income that will enhance your retirement lifestyle and create a lasting legacy for your loved ones
• The monthly income payout will commence as early as from the 4th policy anniversary onwards for life
• Receive non-guaranteed monthly cash bonus with a total projected yield of 4.14% p.a. to help you attain your wealth accumulation goals sooner
  
  

Read about:  Why your retirement planning starts now

Read about: 4 Best Retirement plans and Annuity policies in Singapore (Updated)

Read about: The Complete Guide to Retirement Planning (Updated)

Features of Great Eastern Prestige Life Rewards at a glance

Cash and Cash Withdrawal Benefits
Cash value: Yes
Cash withdrawal benefits: No

Health and Insurance Coverage
Death: Yes
Total Permanent Disability: No
Terminal Illness: No
Critical Illness: No
Early Critical Illness: No

Health and Insurance Coverage Multiplier
Death: No
Total Permanent Disability: No
Terminal Illness: No
Critical Illness: No
Early Critical Illness: No

Optional Add-on Riders
NA

Additional Features and Benefits
Yes.

For further information and details, refer to Great Eastern website. Alternatively, fill up the form below and let us advise accordingly.

Read about: How can I accumulate a million dollar (Realistically)

Read about: Effects of compounding returns on your investments

Great Eastern Prestige Life Rewards may be suitable if you are looking for

Great Eastern Prestige Life Rewards may potentially be a good fit if the following matters to you:

• Lifetime regular cash payout
• Saving regularly over a period of time
• A one-time premium commitment with no further cash commitment
• Insurance options without medical underwriting
• Do not need access to the funds until retirement
• To potentially generate higher financial returns compared to bank accounts
  
  

Great Eastern Prestige Life Rewards may not be suitable if you are looking for

Great Eastern Prestige Life Rewards may potentially be a bad fit if the following matters to you:

• Health and Protection coverage
• High insurance coverage for Death or Terminal Illness
• Insurance coverage for Early Critical Illness, Critical Illness or Total Permanent Disability
• Lump sum payout upon maturity
• Potentially higher financial returns compared to a pure investment product.
• Insurance policy with a high surrender value in the early years of the policy.
  
  

Further considerations on Great Eastern Prestige Life Rewards

• How is Great Eastern or Great Eastern Prestige Life Rewards investment returns based on historical performance?
• How does Great Eastern Prestige Life Rewards compare with Endowment policy from other insurance companies?
• Can Great Eastern Prestige Life Rewards fulfil my financial, insurance, health and protection needs?
  
  

The above information may not fully highlight all the product details and features on Great Eastern Prestige Life Rewards. Talk to us or seek advice from a financial adviser before making any decision about Great Eastern Prestige Life Rewards.

Always ensure your long-term financial goals and objectives are aligned with the financial product you are considering to take up.

Is Great Eastern Prestige Life Rewards suitable for me?