Gro Cash Plus
Income Insurance
Category
Savings
Coverage
Death, Terminal Illness
Coverage Term
Up to age 120
Overview
Gro Cash Plus is an insurance savings plan that offers a lifetime of cash payouts starting from the end of the 3rd policy year up till age 120 with capital guaranteed at maturity. Plan also offers the option to buy another life policy for additional coverage at specified life events.
Key Features
- Receive a lifetime of cash payouts up to age 120.
- Capital guaranteed from the end of the 3rd policy year.
- Guaranteed acceptance regardless of health conditions.
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.
