Great 80 Care

描述

Cherish every moment of your greatest years without worry
We know your golden years are precious, with every moment a priceless one to be cherished in the company of your loved ones or on pursuing your passion projects. By planning ahead now, you can take the future into your own hands – and live out the best years of your life with peace of mind.

As a plan that prioritises ease of access and financial certainty, Great 80 Care comes with guaranteed money back upon maturity, guaranteed premium rates, and hassle-free application. On top of life coverage, it also waives premiums upon occurrence of covered critical illnesses, enabling you to remain protected against uncertainties in health as you grow older.

With Great 80 Care, you will be able to cherish every moment of your greatest years with less worry.

• 
  Key Benefits

  Hassle-free enrolment with no medical underwriting

  With no health questions asked and no medical examinations required, signing up for this plan is easy1.

  Additional coverage up to 5 times the basic sum assured for accidental death

  Should accidental death occur, your loved ones will receive amount on top of the death benefit1.

  Waiver of premiums on 3 critical illnesses

  Upon occurence of Cancer, Alzheimer’s Disease / Severe Dementia, or Parkinson’s Disease, all future premiums becoming due under the policy will be waived2,3.

• 
  Additional benefits

  Money back at maturity

  When your plan matures on the policy anniversary at age 80 years next birthday, you will receive a guaranteed 100% of the total premiums paid4 in one lump sum.

  Essential life protection to safeguard your loved ones’ future

  In the event of death, your loved ones will receive the higher of the basic sum assured or total premiums paid3,4.

Footnotes and disclaimers

Please do take note of the below to ensure you fully understand what this product does and does not cover. If in doubt, contact your Great Eastern Life Planning Advisor or have us call you back.

• 
  Footnotes

  1 Terms and conditions apply.

  2 Starting from the next policy anniversary following the occurrence of the covered critical illness.

  3 Except for non-accidental death or a covered critical illness that occurs in the first 2 policy years, in which the total premiums paid will be refunded.

  4 The total premiums paid shall include the total premiums waived due to the occurrence of a covered critical illness, if any.

• 
  Disclaimer

  Great 80 Care is a non-participating whole life plan that matures at age 80 years next birthday. Premiums are payable until maturity of the plan or upon termination, whichever occurs first. The premium rates are guaranteed and will remain the same throughout the premium payment term. However, the premium will be higher with higher coverage.

  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 full premium will be refunded to the policy owner. If you switch your policy from one company to another or if you exchange your current policy with another policy within the same company, you may be required to submit an application where the acceptance of your proposal will be subject to the terms and conditions to be imposed at the time of policy switching or replacement.

  The policy may not have the guaranteed minimum cash value on termination until after you have paid premiums for two years. If you surrender your policy early, you will get back less than the amount you have paid. If you stop paying premiums before the end of the premium payment term, an automatic premium loan will be effected under your policy to pay future premiums so long as the cash value is more than the total indebtedness. The Company shall charge interest on the above loan at interest rates to be determined by the Company from time to time. The prevailing interest rate is available on the Company’s official website. Cessation of premium payment before the end of the premium payment term may lead to early termination of coverage.

  The above is for general information only. It is not a contract of insurance. You are advised to refer to the Sales Illustration, Product Disclosure Sheet, consumer education booklet on Medical and Health Insurance products (MHI) 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. For further information, reference shall be made to the terms and conditions specified in the policy issued by Great Eastern Life.

  If there is any discrepancy between the English, Bahasa Malaysia and Chinese versions of this brochure, the English version shall prevail.

  The terms “Great Eastern Life” and “the Company” shall refer to Great Eastern Life Assurance (Malaysia) Berhad.

  Information correct as at 1 June 2020.