Gro Cash Flex Pro
Income Insurance
Category
Savings
Coverage
Death, Terminal Illness
Coverage Term
Whole Life . Up to age 120 . discrete term 10,15,20,25,30
Overview
Gro Cash Flex Pro is a flexible insurance savings plan that gives you yearly cash pay-outs from the end of the 2nd policy year. Enjoy the option to receive your cash pay-outs or accumulate these cash-outs with Income for up to a rate of 3% p.a. Plan is guaranteed acceptance regardless of health conditions.
Key Features
- Capital guaranteed upon maturity.
- Option to appoint a secondary insured to ensure the continuity of wealth accumulation.
- Yearly pay-outs from end of 2nd policy year.
Endowments, also known as savings plans, require the policyholder to pay a fixed amount for a specified time period (e.g. one-off payment or regularly for 5 to 25 years) and are seen as a disciplined way to save. Endowment plans are offered on a participating basis and will accumulate cash values. You may either receive these cash values at designated policy years or at maturity of policy. Endowments also allow you to surrender your policy and cash out should you urgently require cash.
