Dedicated investment product with much lower charges on investment

Smart Invest Premier 2 is an investment-linked insurance plan offered by Great Eastern Life. Here are the key details:


1. High Premium Allocation: From the first policy year onwards, 95% of your premiums will be placed into unit funds. This helps you build wealth right from the start.


2. Loyalty Incentive: You'll receive an additional 2% Loyalty Incentive every 3rd policy year up to the 10th policy year, and 5% annually from the 11th policy year onwards. Which means extra 5% sales charges for funds invest from the 11th year onwards.


3. No Medical Underwriting: Signing up is hassle-free, with no health questions or medical examinations required.


4. Protection Against Death and TPD: In case of death or Total and Permanent Disability (TPD), your sum assured and total investment value will be payable to secure your loved ones' future.


5. No-Lapse Guarantee: The plan includes a 'No-Lapse Guarantee' for the first 3 policy years. Even if your total investment value becomes zero, the policy remains in force as long as premiums are consistently paid and no withdrawals are made within the initial 3 years.


Consult an insudance advisor for personalized advice! 


[Download brochure](https://www.greateasternlife.com/my/en/personal-insurance/our-products/wealth-accumulation/smartinvest-premier.html)

Comments

Post a Comment

Popular posts from this blog

How much money does someone need to earn in order to be "happy"

Image
The amount of income required for an individual to achieve happiness while residing in the United States varies depending on their location; however, on the whole, it appears to be significantly higher than the average annual income earned by Americans. Seems in the US, by achieving  88.8% to 111% of annual median income ($67521) are emotionally well, while 140% to 155% are enough for life satisfaction. Do you agree with this in your country?  Annual Median Income in Malaysia in 2019 is about RM85116 In 2018, a global study published in 2018   examined the amount of money that appears to bring happiness to individuals, as well as the point at which money ceases to have an effect on their well-being. Although "happiness" is a subjective concept, the study authors from Purdue University address this issue by evaluating emotional well-being, which pertains to an individual's daily emotions such as happiness, excitement, sadness, or anger. Additionally, they assessed life sa
Read more

7 Things People Waste Their Money On

Image
  Are you looking for ways to save money and avoid debt? If so, you are not alone. Many people struggle with managing their finances, especially during the holiday season. However, some simple and effective strategies can help you spend less and save more. In this blog post, I will share with you 7 things that people waste their money on, and how you can avoid them. Debt Dangers: Evade high-cost borrowing, as it can swiftly diminish your finances. High-cost borrowing refers to using credit cards, payday loans, or other forms of debt that charge high-interest rates and fees. These types of debt can quickly accumulate and become difficult to repay, especially if you miss payments or only pay the minimum amount. High-cost borrowing can also damage your credit score, which can affect your ability to get better loans or financial products in the future. To avoid high-cost borrowing, you should only use credit cards for emergencies or planned purchases that you can pay off in full every mont
Read more

A respond to pay for outcome based healthcare services

Image
  Health Minister Dzulkefly Ahmad wants private hospitals to shift from pay-for-service to pay-for-outcome to improve health outcomes and curb Malaysia’s high medical inflation rate from uncontrolled procedure costs Health Minister Dzulkefly Ahmad has called on private hospitals in Malaysia to adopt value-based health care to curb medical cost inflation and improve health outcomes.  Admitting that the country’s medical inflation rate of 12.6 per cent is high compared to the global average of 5.6 per cent, Dzulkefly urged private health care providers to shift from a pay-for-service model to a pay-for-outcome approach. “I urge private health facilities, especially the Association of Private Hospitals Malaysia (APHM), to consider this approach. As a minister, I want value-based health care — not pay-for-service but pay-for-outcome — to ensure payment effectiveness and health outcomes without fueling inflation due to uncontrolled procedure costs,” Dzulkefly said. The intention is good. Th
Read more