Jason (age next birthday 30, non-smoker) plans to set aside $10,000 annually to save for his mid-term goals. However, he wishes to remain flexible to enjoy occasional rewards or to deal with unexpected emergencies. He takes up an eSAVE flexi (5pay10) presto policy. When Jason reaches age 40, a lump sum will be ready for his mid-term goals.
* The example is for illustration purposes only and assumes a projected investment return of 4.75% per annum. Bonus rates are not guaranteed and will vary according to the future performance of the participating fund. The illustration under projected investment return of 4.75% per annum assumes that the yearly cash benefit accumulates at 3% per annum. This interest rate is not guaranteed and is subject to change.
Age means the age at next birthday.
This product is covered under PPF Scheme.
This content is for reference only and is not a contract of insurance. Full details of the policy terms and conditions can be found in the policy contract.
Buying a life insurance policy is a long-term commitment. Early termination of the policy usually involves high costs and the surrender value (if any) may be less than the total premium paid.
Information is correct as at 26 May 2016.