Great Eastern Endowment Insurance: Will It Help You Grow Your Wealth?
Great Eastern Endowment Insurance: Will It Help You Grow Your Wealth?
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Great Eastern's Flexi Goal is a regular premium endowment plan that helps you save for the most important financial goals in your life. With the ability to choose your own premium terms, this is an option worth considering if you are looking for a long-term endowment savings plan that can help you through all of the different financial goals that you’ll be trying to fulfil throughout your life.
Table of Contents
| Great Eastern Flexi Goal Summary |
|---|
| Covers death, TPD and terminal illness |
| 100% capital guaranteed |
| Illustrated yields of up to 3% p.a. |
| 2 premium terms to choose from |
Great Eastern Flexi Goal: What You Need to Know
If you are looking for a long-term endowment plan that will help you save for the big financial life goals that you’ll be encountering at all of the different stages in your life, Great Eastern’s Flexi Goal could be a great option for you. The policy gives you the option of choosing to pay the premiums for a period of 15 or 20 years, with premium costs starting at only S$100 monthly.
The Flexi Goal policy also offers 100% guaranteed capital, so you can rest assured that you will receive back all of the money that you put into the plan once the policy term ends. The illustrated yields for this policy are as high as 3% p.a. Under this policy, you will also be protected with coverage against death, total and permanent disability, and terminal illness. In the event of death, the policyholder will be paid the higher of 100% of the total yearly premiums paid or the guaranteed surrender value.
If you’re looking for a long-term policy that will help you meet your financial goals through different stages of your life, Great Eastern’s Flexi Goal could be a good option for you. However, if you’re looking for a more flexible savings plan, or an endowment policy that helps you towards goals like building a stable retirement fund, this might not be the option for you.
Claims & Contact Information
Endowment plans generally payout without you needing to file a claim. However, you should reach out to your financial advisor if you need to submit a claim for the life insurance portion of the policy.
| Contact Information | |
|---|---|
| Great Eastern Customer Service | 1800 248 2888 |
| Product Enquiries | +65 6248 2211 |
| Great Eastern Email | [email protected] |
| Claim Submission | Claim Form |
| PolicyPal Customer Service | +65 3163 9184 |
| PolicyPal Claims Email | [email protected] |
Great Eastern Flexi Goal Features & Benefits
Great Eastern's Flexi Goal is a regular premium endowment plan that is suitable for those looking for a long-term savings plan. To see if this plan is a good fit for you, you can speak to one of our advisors at PolicyPal. You can also read our guide to the best endowment plans in Singapore.
| Features | |
|---|---|
| Policy Term | 15 or 20 years |
| Premium Payment Term | 15 or 20 years |
| Life Coverage | Death, TPD, Terminal Illness |
| Death Benefit | 100% of net premiums paid |
| Annual Cash Benefit | No |
| 100% Capital Guaranteed | Yes |