Great Flexi Plus


Great Flexi Plus

Grow your savings towards a better future

Life may bring challenges and obstacles in the way of your dreams, but don’t let the fear of what could happen make nothing happen. Having a disciplined way of saving money today can go a long way towards ensuring your future financial needs are met.

That’s where Great Flexi Plus comes in – a universal life plan designed to help you grow your savings while also providing you the advantage of insurance coverage for 30 years. Thanks to a yearly Guaranteed Cash Payment and a lump sum payout upon maturity, you can sit back and enjoy protection while your wealth grows gradually.

Key benefits


Short financial commitment, limited premium payment terms

With Great Flexi Wealth, you can choose between a premium payment term of either 5 or 10 years for protection that lasts you 20 years1 .



Yearly Guaranteed Cash Payment (GCP)

Watch your finances grow with regular cash benefits. You can choose to withdraw or leave your yearly GCP2  with the Company for potential upside1 .



Hassle-free enrolment with no medical underwriting

Enjoy a simplified application process with no health questions asked and no medical examinations required1 .

How Great Flexi Plus works

Footnotes and disclaimers


Please do take note of the below to ensure you fully understand what this product does and does not cover.


Terms and conditions apply.

A percentage of the Basic Annualised Premium (excluding any rider(s) premium, extra premium and advance premium paid) will be payable to you as the GCP, provided all premium and overdue premium interest, if any, for the respective year is paid. This cash benefit will be payable until death, TPD, surrender, or maturity, whichever occurs first.

3 Excluding any rider(s) premium, extra premium and advance premium paid.

Prevailing Sum Assured is the percentage of the total Basic Premium paid less total GCP paid, excluding any rider(s) premium, extra premium and any advance premium paid.

5 Total and Permanent Disability.

6 Occurs prior to the policy anniversary of attained age 70 years next birthday.


Great Flexi Plus is a limited pay non-participating universal life plan with 30 years coverage term. This plan is an insurance product that is tied to the performance of the underlying assets, and is not a pure investment product such as unit trusts. Premiums are payable until the end of the premium payment term, or until death or TPD or termination of the policy, whichever occurs first. Premium will remain the same throughout the premium payment term, however, the fees and charges are not guaranteed and the Company might revise the charges on policy anniversary by giving 3 months’ written notice.


You should satisfy yourself that this plan will best serve your needs and that the premium payable under the policy is an amount you can afford. A free-look period of 15 days is given for you to review the suitability of the plan. If the policy is returned to the Company during this period, the Company shall refund an amount equal to the sum of:


a.  Account 1 Value; and
b.  unallocated premium for this policy; and
c.  charges such as insurance charge and policy fee; and
d.  Account 2 Value (if any); and
e.  rider premium (if any);
minus the expenses incurred for medical examination (if any).


If you surrender your policy early, you may get back less than the amount you have paid. The basic policy will not lapse if you do not pay premiums after the 30 days grace period as long as there is sufficient value in Account 1 and Account 2 to pay the insurance charges and policy fees. Any premium paid after the grace period will not be eligible for credited return which has been determined prior to such payment. It will be charged with overdue premium interest at a rate to be determined by the Company from time to time. The prevailing interest rate is available on the Company’s official website. The interest is chargeable from the premium due date and will not be allocated into Account 1 and Account 2 (if any). Your policy may lapse if you fail to pay your premium and the required charges exceed the value in Account 1 and Account 2 (if any).


Credited return is calculated based on the crediting rate. The actual crediting rates are NOT GUARANTEED and will fluctuate based on the investment performance. A higher credited return may be credited if the investments have performed well and conversely, a lower or negative credited return may be credited if the investments have performed poorly. A negative crediting rate will result in a reduction of Account Value.


Any amount of the premium paid for your basic policy that has not been allocated into Account 1 is used to meet the payment of commissions to intermediaries and general expenses of the Company.


The above is for general information only. It is not a contract of insurance. You are advised to refer to the sales illustration, Fund Fact Sheet, product disclosure sheet and sample policy documents for detailed important features and benefits of the plan before purchasing the plan. The exclusions and limitations of benefits highlighted above are not exhaustive.


Information correct as at 1 January 2021.

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