Great Eastern GREAT Flexi Protect Series Review
The complete Pros and Cons on Great Eastern GREAT Flexi Protect Series
Great Eastern GREAT Flexi Protect Series offers coverage against Death, Total and Permanent Disability, Terminal Illness, Early, Intermediate, and Advanced Stage Critical Illnesses with multiplier riders to maximize protection for you and your family.
Great Eastern GREAT Flexi Protect Series product details
- Life policy – Whole Life Policy
- Premium Payment Terms
- Choose to pay premiums for 20 years or till age 65
- 2 Base Plans to choose from; receive lifetime coverage for
- GREAT Flexi Living Protect
- Coverage: Death, Total & Permanent Disability (TPD), Accidental TPD, Terminal Illness
(TI) and Critical Stage of Critical Illness with Additional Benefit
- Coverage: Death, Total & Permanent Disability (TPD), Accidental TPD, Terminal Illness
- GREAT Complete Flexi Living Protect
- Coverage: Death, TPD, Accidental TPD, TI, and Early, Intermediate and
Critical Stages of Critical Illness with Additional Benefit
- Coverage: Death, TPD, Accidental TPD, TI, and Early, Intermediate and
- GREAT Flexi Living Protect
- 2 Multiplier Riders to choose from; boost your coverage with
- Living Multiplier
- Coverage: Death, TPD, TI, and Critical Stage of Critical
Illness with Additional Benefit
- Coverage: Death, TPD, TI, and Critical Stage of Critical
- Complete Living Multiplier
- Coverage: Death, TPD, TI, and Early, Intermediate and Critical
Stages of Critical Illness with Additional Benefit
- Coverage: Death, TPD, TI, and Early, Intermediate and Critical
- Living Multiplier
- Additional Payouts
- Receive additional payouts for medical conditions covered under the Special Benefit, Senior Benefit, or Benign Tumour Benefit
- If the life insured is a child, he/she will be covered under Juvenile Benefit
Features of Great Eastern GREAT Flexi Protect Series at a glance
Refer to below for a simplified overview of Great Eastern GREAT Flexi Protect Series:
Cash and Cash Withdrawal Benefits
- Cash value: No
- Cash withdrawal benefits: No
Health and Insurance Coverage
- Death: Yes
- Total Permanent Disability: Yes
- Terminal Illness: Yes
- Critical Illness: Yes
- Early Critical Illness: Yes (GREAT Complete Flexi Living Protect)
Health and Insurance Coverage Multiplier
- Death: Yes (with multiplier rider)
- Total Permanent Disability: Yes (with multiplier rider)
- Terminal Illness: Yes (with multiplier rider)
- Critical Illness: Yes (with multiplier rider)
- Early Critical Illness: Yes (with multiplier rider)
Optional Add-on Riders
- Living Multiplier
- Complete Living Multiplier
For further information and details, refer to Great Eastern website. Alternatively, fill-up the form below and let us advise accordingly.
Great Eastern GREAT Flexi Protect Series may be suitable if you are looking for
Great Eastern GREAT Flexi Protect Series may potentially be a good fit if the following matters to you:
- Higher protection for Death and Terminal Illness coverage at an affordable premium.
- Highest Early Critical Illness, Critical Illness and Total Permanent Disability coverage in an Insurance Policy.
- Health and Protection coverage due to a shortfall in your Insurance Portfolio.
- Accumulating cash value in the policy for financial returns in the long-term.
- Paying premiums only for a limited number of years and enjoying coverage for a lifetime.
Read About: How much insurance coverage do you really need in Singapore *NEW*
In-depth Review: Term life vs Whole life – Which is better for you?
Great Eastern GREAT Flexi Protect Series may not be suitable if you are looking for
Great Eastern GREAT Flexi Protect Series may potentially be a bad fit if the following matters to you:
- Liquidity or flexibility of withdrawal in your insurance policy.
- Access to cash from your policy on a regular basis.
- Insurance policy with a high surrender value in the early years of the policy.
- Potentially higher financial returns compared to a pure investment product.
For pure insurance savings or investment plans, please refer to the following policy reviews:
In-depth Review: 3 Best Endowment Savings Plans in Singapore with Lifetime Wealth Accumulation (2023 Edition)
In-depth Review: 3 Best Investment Linked Policies in Singapore for Wealth Accumulation (2023 Edition)
Further considerations on Great Eastern GREAT Flexi Protect Series
- How is Great Eastern or Great Eastern GREAT Flexi Protect Series investment returns based on historical performance?
- How does Great Eastern GREAT Flexi Protect Series compare with Whole Life Policy from other insurance companies?
- Can Great Eastern GREAT Flexi Protect Series fulfill my financial insurance, health, and protection needs?
- How does the multiple claims rider for various stages of Critical Illnesses works?
The above information may not fully highlight all the product details and features on Great Eastern GREAT Flexi Protect Series.
Talk to us or seek advice from a financial adviser before making any decision about Great Eastern GREAT Flexi Protect Series.
Read About: Where do you start with financial planning?
Read About: 8 Commonly made financial mistakes by Singaporeans
Compare before you commit
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