Without prudent planning, coupled with the effects of inflation; your savings may not be enough to secure your ideal retirement lifestyle. Great Retirement Plan will provide you a stream of guaranteed income to supplement your retirement fund. Furthermore, you can enjoy yearly annuity tax relief of up to RM3,000. There is no better time to start saving early to help you achieve your ideal retirement lifestyle.
Everyone dreams of having a retirement that would not be affected by uncertainties. With Great Retirement Plan, you can retire with better peace of mind by receiving a stream of guaranteed yearly income for 10 years.
Here are sample illustrations of the Guaranteed Income payable based on the entry age and premium payment term.
|Guaranteed Income based on Annual Premium of RM3,000
|Premium Payment Term = 10 years
||Premium Payment Term = Up to
the policy year of age 60 years
||Guaranteed Income (RM)
||Guaranteed Income (RM)
The Guaranteed Income is payable every year for 10 years starting from the end of policy year of age 60 years next birthday or at the end of your premium payment term, whichever is later, depending on your choice of premium payment term and entry age.
Annuity tax relief of up to RM3,000
You may qualify for tax relief of up to RM3,000 yearly for premiums paid during year 2012 to 2021, subject to the approval of the Inland Revenue Board. This is on top of the RM6,000 personal insurance tax relief provided for other life insurance plans you may have.
Payout for unfortunate event
Great Retirement Plan provides financial relief for you and your family when you need it most - be it for medical costs, homecare or living expenses. Should an unfortunate event such as death, TPD or diagnosis of any of the critical illnesses (except for Angioplasty And Other Invasive Treatments For Major Coronary Artery Disease) occurs, you or your loved ones will receive a lump sum payment of the cash value of the policy.
We've made it easy for you to take up the plan with a simple application process where no medical underwriting is required.
The product information above is for general information only. It is not a contract of insurance. You are advised to refer to the Product Brochure, Sales Illustration, consumer education booklet on Medical and Health Insurance product (MHI), Product Disclosure Sheet and sample policy documents for detailed important features and benefits of the plan before purchasing the plan. The exclusions and limitations of benefits highlighted are not exhaustive. For further information, reference shall be made to the terms and conditions specified in the policy issued by Great Eastern Life Assurance (Malaysia) Berhad.