China Taiping Infinite Harvest Plus Review

China Taiping Infinite Harvest Plus is an endowment savings plan that pays out monthly cashback till age 120. Pay a Single Premium or over 2 or 3 years for a lifetime of payouts.

Secondary Life Insured option allows you to appoint a love one to take over your policy and enjoy its benefits after your passing.

China Taiping Infinite Harvest Plus product details

• Life policy – Endowment and Saving policy
• Lifetime Monthly Income
  • Receive a lifetime of monthly income consisting of guaranteed returns and non-guaranteed bonuses up till age 120
  • Lifetime Monthly Income starts from the
    • 37th policy month – Single Premium
    • 47th policy month – 2 or 3 Years Premium
• Short Premium Payment Terms
  • You can choose to pay a Single Premium or pay premiums for 2 or 3 years
• Secondary Life Insured
  • You can appoint a Secondary Life Insured to continue enjoying the benefits of China Taiping Infinite Harvest even after your passing
• Insurance Coverage
  • Be covered against Death the sum of 105% of basic premiums paid less paid out payouts, non-guaranteed terminal dividend, and any accumulated monthly payouts
• Capital Guaranteed – 100% of your capital is guaranteed
  • Single Premium – End of the 4th policy year
  • 2 or 3 Year Premium Term – 3 years after end of premium term
• Policy Maturity
  • A lump sum maturity benefit will be paid out upon policy maturity consisting of guaranteed returns and non-guaranteed bonuses
• Hassle-free Application
  • No medical check-up required to take up this endowment policy
    
    

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Features of China Taiping Infinite Harvest Plus 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
Not Applicable.

Additional Features and Benefits
Yes.

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

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China Taiping Infinite Harvest Plus may be suitable if you are looking for

China Taiping Infinite Harvest Plus may potentially be a good fit if the following matters to you:

• A hassle-free application without medical underwriting
• Long term endowment and savings plan
• Guaranteed monthly cash payouts that can be reinvested for higher returns
• To save a single premium or short premium payment term of 2 or 3 years
• To potentially generate higher financial returns compared to bank accounts
• Savings plan with insurance coverage against Death
  
  

China Taiping Infinite Harvest Plus may not be suitable if you are looking for

China Taiping Infinite Harvest Plus may potentially be a bad fit if the following matters to you:

• Liquidity or flexibility of withdrawal in your Insurance policy.
• High insurance coverage for Death or Terminal Illness
• Insurance coverage for Early Critical Illness, Critical Illness or Total and Permanent Disability
• A one-time premium commitment with no further cash commitment
• 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 China Taiping Infinite Harvest Plus

• How are China Taiping or China Taiping Infinite Harvest Plus investment returns based on historical performance?
• How does China Taiping Infinite Harvest Plus compare with Endowment policies from other insurance companies?
• Can China Taiping Infinite Harvest Plus fulfill my financial, insurance, health, and protection needs?

The above information may not fully highlight all the product details and features of China Taiping Infinite Harvest Plus. Talk to us or seek advice from a financial adviser before making a decision about China Taiping Infinite Harvest Plus.

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

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Is China Taiping Infinite Harvest Plus suitable for me?