Tokio Marine goElite Review
The complete Pros and Cons on Tokio Marine goElite
Tokio Marine goElite & goElite Secure is a single premium whole-life investment-linked policy that allows you to fund your investment plan with funds from your SRS account. Add up to 4 lives assured with the option to change them out at any time to continue your legacy.
Tokio Marine goElite product details
- Life Policy – Investment-linked policy
- Single Premium Full Force Investment Plan
- 100% of the single premiums paid go into investing in funds
- Choice of currency: SGD, AUD, GBP, USD or EUR
- Choose to pay with Cash or funds from your SRS account
- Choice of Coverage
- Tokio Marine goElite option
- 105% of the policy value against Death or
- 110% of the policy value against Accidental Death Benefit
- Tokio Marine goElite Secure option
- Death cover with Locked-in Policy Value benefit
- Tokio Marine goElite option
- Access to Best-in-Class Funds
- Gain investment exposure into premium funds which are usually available only to accredited investors, at a low monthly premium
- Additional Lifes Assured
- You can have a maximum of 4 life assured under goElite & goElite Secure
- Policy Flexibility
- Change life assured at any time
- Change policy currency from the 2nd policy year
- Top-up or recurring single premium from the 2nd policy year
- Adjust coverage and do partial withdrawals without additional cost
- Ease of Application
- No health checks are required to take up Tokio Marine goElite or goElite Secure
Read about: Investment-Linked Policy: Is it the best option?
Read about: 3 best Investment Linked Policies in Singapore (Updated)
Features of Tokio Marine goElite at a glance
Cash and Cash Withdrawal Benefits
- Cash value: Yes
- Cash withdrawal benefits: Yes
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
Nil
Additional Features and Benefits
Yes.
For further information and details, refer to Tokio Marine website. Alternatively, fill up the form below and let us advise accordingly.
Read about: Effects of compounding returns on your investments
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Tokio Marine goElite may be suitable if you are looking for
Tokio Marine goElite may potentially be a good fit if the following matters to you:
- To participate in the long-term financial returns of investing
- A full-forced investment-linked policy with no insurance coverage
- Able to take investment risks and comfortable with financial market volatility.
- Single premium option with no further financial commitment
- Potentially higher financial returns compared to traditional Endowment and Whole Life policies.
- Insurance options without medical underwriting
Read about: An introduction to Investment Linked Policy
NEW Feature: Compare investment-linked policies across insurance companies using the CompareNOW feature on InterestGuru.sg.
Tokio Marine goElite may not be suitable if you are looking for
Tokio Marine goElite may potentially be a bad fit if the following matters to you:
- Health and Protection coverage
- High Death and Terminal Illness coverage
- Insurance coverage for Early Critical Illness, Critical Illness or Total Permanent Disability
- Guaranteed financial returns in the long run.
- Insurance policy with a high surrender value in the early years of the policy.
- Expecting an urgent need for withdrawal during a financial market downturn.
Further considerations on Tokio Marine goElite
- How is Tokio Marine or Tokio Marine goElite investment returns based on historical performance?
- How does Tokio Marine goElite compare with Endowment policies from other insurance companies?
- Can Tokio Marine goElite fulfill my financial, insurance, health, and protection needs?
The above information may not fully highlight all the product details and features of Tokio Marine goElite. Talk to us or seek advice from a financial adviser before making any decision about Tokio Marine goElite.
Always ensure your long-term financial goals and objectives are aligned with the financial product you are considering taking up.
Where can I compare the payout and benefits of Investment Linked Policies?
Before committing to an insurance policy, it certainly pays to make an effort to compare. Specific product features, benefits, and payouts will differ more than you think across insurance companies. Why regret only years later, when you find out that you are not getting the best insurance policy available for the premium paid?
Use our Compare NOW feature to receive the most competitive quotes on Investment linked Policies.
Alternatively, you just need to provide us with a couple of details below.
Is Tokio Marine goElite suitable for me?
Contact InterestGuru using the form below. Our panel of licensed financial advisers will advise accordingly, based on your financial profile and protection needs.
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