Tokio Marine goAffluence Review

Tokio Marine goAffluence is a limited pay whole life investment linked policy that allows you to invest for 15 to 30 years while taking unlimited premium holidays.

Tokio Marine goAffluence product details

• Life Policy – Investment-linked policy
• Initial Bonus
  • Receive an Initial Bonus of up to 296% to kickstart the first two years of your investment plan
• Loyalty Bonus
  • Receive Loyalty Bonuses of up to 0.75% p.a. from end of policy years 3 to 10
  • Enjoy step-up Loyalty Bonuses of up to 0.99% p.a. from the end of policy year 11 onwards
• Flexible Premium Payment Term
  • Choose a premium payment term between 15 to 30 years
• Access to Best-in-Class Funds
  • Gain investment exposure to world-class funds
• Flexibility in an ILP
  • Unlimited Premium Holidays
    • You can choose to stop paying premiums whenever you need to after paying premiums for 24 months
  • Free partial withdrawals
    • Flexibility to make partial withdrawals at no cost
• Retrenchment Relief Benefit
  • Receive up to 12 months premium relief in the event of retrenchment
• Achievement Bonus
  • Earn up to 85% Achievement Bonus of annualised premium
• Change of Life Assured
  • You can change the life assured to build your legacy
• Available Riders to Waive Future Premiums
  • Early Critical Illness Premium Waiver Rider
    • Waives future premiums upon the diagnosis of early or intermediate stage critical illness for 5 years (twice maximum)
  • Waiver of Premium Rider
    • Waives all future premiums upon the diagnosis of any of the covered Major Stage Critical Illnesses
  • Payer Benefit Rider
    • Waives future premiums in the event of Death or Total and Permanent Disability of the policyholder
  • Enhanced Payer Benefit
    • Waives future premiums in the event of Death, TPD, or the diagnosis of any of the covered major-stage Critical Illnesses of the policyholder
      
      

Read about: Investment-Linked Policy: Is it the best option?

Read about: 6 best Investment Linked Policies in Singapore (Updated)

Features of Tokio Marine goTreasures at a glance

Cash and Cash Withdrawal Benefits
Cash value: Yes
Cash withdrawal benefits: Yes

Health and Insurance Coverage
Death: No
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
Nil

Additional Features and Benefits
Yes.

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

Read about: Effects of compounding returns on your investments

Tokio Marine goAffluence may be suitable if you are looking for

Tokio Marine goAffluence may potentially be a good fit if the following matters to you:

• To participate in the long-term financial returns of investing
• A full-forced investment-linked policy with minimal insurance coverage
• Able to take investment risks and comfortable with financial market volatility.
• Limited-pay investment plan (15 to 30 years)
• Potentially higher financial returns compared to traditional Endowment and Whole Life policies.
• Insurance options without medical underwriting
  
  

Read about: An introduction to Investment Linked Policy

Tokio Marine goAffluence may not be suitable if you are looking for

Tokio Marine goAffluence may potentially be a bad fit if the following matters to you:

• Health and Protection coverage
• High Death and Terminal Illness coverage
• Insurance coverage for Early Critical Illness, Critical Illness or Total Permanent Disability
• Guaranteed financial returns in the long run.
• Insurance policy with a high surrender value in the early years of the policy.
• Expecting an urgent need for withdrawal during a financial market downturn.
  
  

Further considerations on Tokio Marine goAffluence

• How is Tokio Marine or Tokio Marine goAffluence investment returns based on historical performance?
• How does Tokio Marine goAffluence compare with Endowment policies from other insurance companies?
• Can Tokio Marine goAffluence fulfill my financial, insurance, health, and protection needs?
  
  

The above information may not fully highlight all the product details and features of Tokio Marine goAffluence. Talk to us or seek advice from a financial adviser before making any decision about Tokio Marine goAffluence.

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

Is Tokio Marine goAffluence suitable for me?