Gro Saver 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 Saver Flex Pro is a bespoke insurance savings plan that allows you to choose your premium and policy terms to best meet your financial needs while receiving protection. This plan is capital guaranteed at maturity and also offers a maturity benefit at the end of the policy term.
Key Features
- Option to pay using SRS for single premium policies.
- Wealth accumulation continuity with a secondary insured.
- Guaranteed acceptance regardless of health conditions.
- Capital guaranteed upon maturity.
- Choose your premium and policy terms based on your lifestyle and financial goals.
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.
