Great Eastern Prime Retirement – Customise your retirement plans.
Take freedom to choose your retirement payout age, payout period, premium term and accumulation options.
Prime Retirement, an affordable retirement plan that offers guaranteed monthly retirement income, non-guaranteed monthly cash bonuses and maturity value.
Plan your later years the easy way with Great Eastern Prime Retirement – An affordable retirement plan that offers you the security of guaranteed monthly retirement income, along with non-guaranteed monthly cash bonuses and maturity value.
Whatever your plans may be for the future, the good news is that there is now an easy way to kick-start your journey to a comfortable retirement.
- Premium term (You pay an insurance premium for): Within 10 years or up to age 60
- Policy term (You receive a retirement income for): 10 or 15 years
- Retirement income payout age: 62 or 65
- Retirement income payout mode: Monthly
| Great Eastern Prime Retirement (Product details at a glance) | ||
| Cash value and Withdrawal benefit(s) | Yes | No |
|---|---|---|
| Policy cash value | ||
| Surrender value | ||
| Regular retirement income payouts (Monthly/ Yearly) | ||
| Health and Insurance coverage(s) | Yes | No |
| Death coverage | ||
| Total and Permanent Disability coverage | ||
| Terminal Illness coverage | X | |
| Critical Illness coverage | X | |
| Early Critical Illness coverage | X | |
| Optional insurance rider(s) | Yes | No |
| Insurance riders to enhance coverage | X | |
| Additional product feature(s) | Yes | No |
| Potential lump sum maturity benefit | ||
| No medical underwriting required | ||
Supplementary details: Great Eastern Prime Retirement product brochure
Additional product feature(s) on Great Eastern Prime Retirement
Detailed features and unique selling points of Great Eastern Prime Retirement:
Potential lump sum maturity benefit
- You may receive a lump sum maturity benefit comprising of non-guaranteed bonuses at the end of your selected retirement income payout period of either 10 or 20 years.
No medical underwriting required
- You can purchase this plan irregardless of your health condition with no medical checkup required (If riders are not taken up).
Additional riders for Great Eastern Prime Retirement
The following riders can be added on to your Great Eastern Prime Retirement at an additional cost for greater assurance to your retirement goals:
- Not applicable
Who should take up a Great Eastern Prime Retirement plan?
Great Eastern Prime Retirement is a retirement income plan. This category of insurance plans are suitable or unsuitable depending on the following factors:
Great Eastern Prime Retirement is suitable for
- Mid to long term wealth enhancement
- Providing a retirement income over a selected period of years
- Mid to long term savings commitment period
- Retirement product with yearly guaranteed cash benefits in your retirement years
- Hassle-free application without medical underwriting (If no riders are added)
- Do not need access or partial withdrawal on your savings until your retirement age
Great Eastern Prime Retirement is not suitable for
- High insurance protection and coverage
- Providing additional guaranteed income payout in the event of disability
- Investment product with potentially higher returns and risk
- High surrender value in the early years of the policy
Sample policy illustration for Great Eastern Prime Retirement
Coming soon.
Learn more about Great Eastern Prime Retirement
Leave your personal details via the retirement income plan contact form to receive your personalised quote. You may also compare plans similar to Great Eastern Prime Retirement using the retirement income plan comparison portal.
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Alternatively, contact us to know how this retirement income plan fits your financial portfolio.