TM NEST EGG (CASHBACK 8/10)
Tokio Marine
Category
Savings
Coverage
Death
Coverage Term
discrete term 10,12
Overview
TM Nest Egg (Cashback 8/10) is a limited pay, participating, endowment insurance plan. The plan pays out guaranteed yearly payouts from the 2nd policy anniversary for either 8 or 10 years. It provides coverage against death. The plan is guaranteed acceptance regardless of your health condition.
Key Features
-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.
