Great Eastern Flexi Cashback Review

Great Eastern Flexi Cashback is an endowment insurance policy that payout high annual income (6% of Sum Assured) with coverage against Death, TPD, and TI, enjoy Guaranteed and Non-guaranteed returns.

Great Eastern Flexi Cashback product details

• Life policy – Endowment and Saving policy
• Coverage
  • Receive coverage of 105% of total premiums paid or guaranteed surrender value, whichever is higher, against Death, Total and Permanent Disability, and Terminal Illness
• Premium Payment
  • Choose to save from 5 years and up to 25 years
• Guaranteed Returns
  • Receive guaranteed annual cash payouts of 6% of Sum Assured
  • Capital guaranteed returns upon maturity
• Payout Options
  • You can choose to withdraw the annual cash payouts from the second year onwards or re-invest them at a non-guaranteed rate of 3%
• Guaranteed Acceptance
  • Enjoy hassle-free guaranteed acceptance with no health checks or questions asked
    
    

Read about: Endowment and Saving policy: How does it work?

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Features of Great Eastern Flexi Cashback at a glance

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

Health and Insurance Coverage
Death: Yes
Total Permanent Disability: Yes
Terminal Illness: Yes
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
Payer Benefit
Premium Waiver

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.

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Great Eastern Flexi Cashback may be suitable if you are looking for

Great Eastern Flexi Cashback may potentially be a good fit if the following matters to you:

• A hassle-free application without medical underwriting
• Short to medium term endowment and savings plan
• To saving regularly over a period of time
• To potentially generate higher financial returns compared to bank accounts
• Liquidity or flexibility of withdrawal in your Insurance policy
  
  

Great Eastern Flexi Cashback may not be suitable if you are looking for

Great Eastern Flexi Cashback may potentially be a bad fit if the following matters to you:

• High Health and Protection coverage
• High insurance coverage for Death or Terminal Illness
• Insurance coverage for Early Critical Illness, Critical Illness or Total Permanent Disability
• Lifetime regular cash payout
• 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.
  
  

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Further considerations on Great Eastern Flexi Cashback

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

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

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

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Is Great Eastern Flexi Cashback suitable for me?