Great Eastern Supreme Retirement Review
The complete Pros and Cons on Great Eastern Supreme Retirement
Great Eastern Supreme Retirement has been discontinued. For further information and details about this plan, fill up the form below and let us advise you accordingly.
Great Eastern Supreme Retirement helps you enjoy your golden years without worrying about money. Receive an upfront lump sum payout of 24 times your selected monthly income to help you kick off your retirement in style.
Great Eastern Supreme Retirement product details
Great Eastern Supreme Retirement is featured for upfront lump sum payout benefits in our 3 Best SRS Retirement Plans in Singapore (2023 Edition)
Great Eastern Supreme Retirement is featured for Inflation-proofed Retirement Income in our 5 Best Insurance Plans for Retirement Income (2023 Edition)
- Life policy – Annuity
- Receive an upfront lump sum payout of 24 times your selected monthly income to help you kick off your retirement in style
- Every five years, your retirement income will be raised by 25% of your first monthly payout, so you stay ahead of inflation
- Make your golden years financially comfortable with the guaranteed monthly income you’ll receive for as long as 20 years into your retirement
- 3 premium payment options: as a lump sum, over a 10-year period, or up to five years before your chosen retirement age
- Whatever retirement age you choose (60, 65 or 70 years), you can look forward to a monthly retirement income for 20 years from that date
- When your plan ends, you’ll receive a maturity payout
Read about: The Complete Guide to Retirement Planning (2023 Edition) *NEW*
Read about: 3 Best Retirement plans and Annuity policies in Singapore (2023 Edition) *Updated*
Features of Great Eastern Supreme Retirement at a glance
Cash and Cash Withdrawal Benefits
Cash value: Yes
Cash withdrawal benefits: No
Health and Insurance Coverage
Death: No
Total Permanent Disability: No
Terminal Illness: No
Critical Illness: No
Early Critical Illness: No
Health and Insurance Coverage Multiplier
Death: No
Total Permanent Disability: No
Terminal Illness: No
Critical Illness: No
Early Critical Illness: No
Optional Add-on Riders
NA
Additional Features and Benefits
Yes.
Read about: How can I accumulate a million dollar (Realistically)
Read about: Effects of compounding returns on your investments
Great Eastern Supreme Retirement may be suitable if you are looking for
Great Eastern Supreme Retirement may potentially be a good fit if the following matters to you:
- Regular cash payout
- Saving regularly over a period of time
- A one-time premium commitment with no further cash commitment
- Insurance options without medical underwriting
- Do not need access to the funds until retirement
- To potentially generate higher financial returns compared to bank accounts
Read about: Why your retirement planning starts now
Great Eastern Supreme Retirement may not be suitable if you are looking for
Great Eastern Supreme Retirement may potentially be a bad fit if the following matters to you:
- Health and Protection coverage
- High insurance coverage for Death or Terminal Illness
- Insurance coverage for Early Critical Illness, Critical Illness or Total Permanent Disability
- Lump sum payout upon maturity
- Potentially higher financial returns compared to a pure investment product.
- Insurance policy with a high surrender value in the early years of the policy.
Further considerations on Great Eastern Supreme Retirement
- How is Great Eastern or Great Eastern Supreme Retirement investment returns based on historical performance?
- How does Great Eastern Supreme Retirement compare with Endowment policy from other insurance companies?
- Can Great Eastern Supreme Retirement fulfil my financial, insurance, health and protection needs?
The above information may not fully highlight all the product details and features on Great Eastern Supreme Retirement. Talk to us or seek advice from a financial adviser before making any decision about Great Eastern Supreme Retirement.
Always ensure your long-term financial goals and objectives are aligned with the financial product you are considering to take up.
Related: 3 Best Retirement Plans for increasing/ inflation-proof payout (2023 Edition)
Where can I compare the payout and benefits of retirement plans and annuity policies?
Your retirement plans are meant to supplement your lifestyle and expenses in your golden years. Ensure your retirement plans matches the financial goal and objective you wish to achieve when you decided to talk a step back in life.
It is too late to regret once you have made your financial commitment. Specific products features, benefits and payout will differ more than you think across insurance companies.
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Is Great Eastern Supreme Retirement suitable for me?
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