If you opt for a payer benefit rider, in the event of an untimely demise of the parent or legal guardian, the policy will allow for the child to access the funds to help finance his or her education expenses.
Contact us today and see how we can customize a solution for you.
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Great Eastern Great Wealth Multiplier
With GREAT Wealth Multiplier, you can now attain new heights with more returns.
This limited pay, regular premium endowment insurance plan offers multiplied growth of potentially 10X or more on your total annual premiums paid1 to help you achieve your life goals and dreams faster. In addition, you’ll be protected against Death, Total and Permanent Disability and Terminal Illness for life - with no medical underwriting required
Key benefits- High potential growth and returns
- Accumulate or withdraw your cash value on your terms
- Assurance with capital guarantee
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Great Eastern Flexi Cashback
Flexi Cashback, a regular premium endowment insurance plan, makes it easy for you to kick-start your life plans without compromising on the lifestyle you enjoy. Receive guaranteed yearly cash payouts starting from the end of the second policy year onwards to indulge in whatever you want — whether it’s a big-ticket purchase or a vacation. Plus, you’ll be covered against Death, Total and Permanent Disability, and Terminal Illness, while saving for the future.
Key benefits- High guaranteed yearly cash payouts
- Flexible premium payment terms
- Capital guaranteed upon maturity
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Great Eastern Flexi Goal
Flexi Goal, a regular premium endowment insurance plan, offers high potential returns and flexible premium payment options so that you can plan better and achieve your life goals faster with certainty — whether you want a home upgrade, tertiary education for your children, or a well-deserved golden retirement. You will also enjoy protection against Death, Total and Permanent Disability and Terminal Illness while saving for your future.
Key benefits- High potential returns
- Capital guaranteed upon maturity
- Highly customisable plan
1. Refers to Plan 1 premium rate for age 1 to 30.
2. Catastrophic Disability refers to:
- Coma
- Paralysis
- Loss of or the irrevocable total loss of use of 2 limbs
- Irrevocable total loss of sign of both eyes
- Loss of or the irrevocable total loss of use of 1 limb and the irrevocable total loss of sight of 1 eye
3. Conversion privilege is applicable to standard lives only.
As buying a life insurance policy is a long-term commitment, an early termination of the policy usually involves high costs; and the surrender value, if any, that is payable to you may be zero or less than the total premiums paid. You should consider carefully before terminating the policy or switching to a new one as there may be disadvantages in doing so. The new policy may cost more of have fewer benefits at the same cost.
- Eligibility Criteria
- Required Documents
- Fees & Charges
- Terms & Conditions
- More Info
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Eligibility CriteriaEligibility Criteria
- 21 years and above
- Must be Baiduri Bank account holder
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Required DocumentsRequired DocumentsValid IC or Passport
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Fees & ChargesFees & Charges
- Free consultation with our Personal Financial Planner.
- Fees and Charges vary based on is depending on the types of products.
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Terms & ConditionsTerms & ConditionsRefer to respective product terms and conditions.
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More InfoMore InfoImportant factors that determine the cost of higher education:
- Level of qualification
- Location of University – local/abroad
- University of choice
- Course of choice
- Length of course
By taking these, the expected living expenses and annual inflation into account, you will be able to estimate how much you will need to save for your child education.
