Select your country and language
Singapore
Malaysia
Takaful
Indonesia
Brunei
  • English

Prestige Life Rewards 5

Lifetime of payouts and a lasting legacy

Build a lasting legacy of generational wealth

One-time commitment for a lifetime of payouts and a lasting legacy

Empowering you to attain your financial aspirations and establishing a lasting legacy for the future generations, the Prestige Life Rewards 5 safeguards the wealth you've built over the years. This ensures that you and your family can envisage a future of success and fulfillment.

Enjoy lifetime monthly payouts from as early as the 3rd policy year. In addition, Prestige Life Rewards 5 is tailored to cover you against death and terminal illness for life. You can be confident that your wealth is secured and is preserved for your future generations should the unfortunate happen.

Key benefits

One-time commitment, a lifetime of payouts

With a single premium payment, you can grow your wealth and receive attractive monthly payouts, for life. Or choose to transfer the policy and its lifetime payout benefit to your child, to flexibly support their standard of living.

Lifetime Monthly Payouts that match your wealth goals

Kickstart your lifetime payouts early from the 3rd policy year. You will receive total monthly payouts of up to 3.35% per annum1 of the single premium paid.

Support your changing financial needs

As we prioritise your financial flexibility, we’ve made sure that your policy has liquidity via a surrender value of 80% of the premium paid from day one. Should you prefer to receive a lump sum benefit or consider having a planned gift of love to your family in later years, your policy’s sizeable cash value can support the financial choices you make.

Get this plan

Contact a distribution representative

Talk to your Great Eastern distribution representative to see which insurance solutions are right for you. No Planner yet? Simply browse through our list of distribution representatives.

Visit Us

No. 17 & 18
Block B, Bangunan Habza
Simpang 150, Kampong Kiarong
Bandar Seri Begawan
Brunei Darussalam

Footnotes

1 Applicable to Prestige Life Rewards 5 (SGD), based on an Illustrated Investment Rate of Return (IIRR) of the participating fund at 4.25% p.a., the guaranteed monthly payout is 1.25% p.a. and the non-guaranteed monthly payout is up to 2.10% p.a. At an IIRR of 3.00% p.a., the non-guaranteed monthly payout is up to 1.09% p.a. of the single premium paid.

All figures in the above illustration are based on IIRR of the participating fund at 4.25% p.a. and are subject to rounding.

*The figure comprises guaranteed and non-guaranteed benefits. Based on an IIRR at 3.00% p.a., the monthly payout receivedby Walter is S$585, the total monthly payouts received by Walter at age 65 is S$161,621, and the total monthly payoutsreceived by Chloe from age 30 to age 85 is S$386,485. The two generations have received a total payout of S$548,106.

† The figure comprises total guaranteed and non-guaranteed surrender value plus remaining declared but unpaid cash bonus. Based on an IIRR at 3.00% p.a., the lump sum benefit received by Walter upon surrender is S$276,322.

‡ The total death benefit received by Chloe’s family includes total guaranteed and non-guaranteed death benefit. Based on an IIRR at 3.00% p.a., the total death benefit received by Chloe’s family is S$390,024.

§Based on an IIRR at 3.00% p.a., the total benefits received by Walter, Chloe and her family is S$938,130 (3.12x of singlepremium paid) if Walter transfers his policy ownership to Chloe at age 65.

As the bonus rates used for the benefits illustrated are not guaranteed, the actual benefits payable may vary according to the future experience of the participating fund.

Disclaimer

All ages specified refer to age next birthday.

The above is for general information only. It is not a contract of insurance. The precise terms and conditions of this insurance

plan are specified in the policy contract.

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.

In case of discrepancy between the English and Chinese versions, the English version shall prevail.

Protected up to specified limits by SDIC.

Information correct as at 1 March 2024.

Back to Top
Need help?
Calling in Brunei
Calling from overseas
Email us
Contact us
Make a claim
Find a distribution representative
Great Eastern Holdings Ltd | The Great Eastern Life Assurance Company Limited | Great Eastern General Insurance Ltd
Great Eastern Holdings Ltd | The Great Eastern Life Assurance Company Limited | Great Eastern General Insurance Ltd