Investment Linked Plan

GREAT Wealth Advantage 3: Powering Up Your Investment Portfolio

In today's fast-paced financial world, building wealth and securing your financial future can seem like a daunting task. But what if there was a way to simplify your investment strategy while maximizing your potential returns ? Enter GREAT Wealth Advantage 3, a regular premium investment-linked plan designed to help you achieve your wealth goals with ease and flexibility.

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Visualize your investment's potential

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  • Assess risks and rewards

What is GREAT Wealth Advantage 3?

GREAT Wealth Advantage 3 is an innovative investment-linked plan that combines wealth accumulation with life protection . It's designed for individuals who want to grow their wealth systematically while enjoying the peace of mind that comes with insurance coverage. This plan stands out for its customizable options, attractive bonuses, and the ability to create a lasting financial legacy.

Key Features That Set GREAT Wealth Advantage 3 Apart

Welcome Bonus

Kickstart your investment with up to 55% Welcome Bonus in the first policy year.

Loyalty Bonus

Enjoy additional rewards for staying invested.

Flexible Investment Plans

Choose from three different investment durations to suit your goals.

Diverse Fund Options

Access a range of funds, including dividend-paying options, managed by professional fund managers.

Legacy Planning

Option to transfer policy ownership or change the life assured.

Protection Coverage

Includes coverage for Death, Total and Permanent Disability, and Terminal Illness.

Real premiums suggested for Great Wealth Advantage 3

25, Male making $20,000 a month

Coverage:
Premium:
$2,400
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31, Female making $10,000 a month

Coverage:
TPD
death
Terminal Illness
Premium:
$12,000
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, Female making $5,833.333 a month

Coverage:
Premium:
Not provided
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31, Male making $8,333.333 a month

Coverage:
account value 65
$501,510
annual dividend 65
$42,628
Premium:
$5,000
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39, Female making $6,000 a month

Coverage:
TPD
death
terminal illness
Premium:
Not provided
Read More
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Welcome Bonus: A Powerful Start to Your Investment Journey

One of the most attractive features of GREAT Wealth Advantage 3 is the Welcome Bonus . Depending on your chosen plan and premium amount, you can receive up to 55% of your first year's premium as extra units . This bonus is applicable for the GREAT Wealth Advantage 3 – Choice 15 plan with a minimum annual basic regular premium of S$12,000.

For example, if you invest S$12,000 annually in the Choice 15 plan, your initial account value would be boosted to S$18,600. That's an immediate 55% increase in your investment !

Loyalty Bonus: Rewarding Your Commitment

These bonuses are paid in the form of extra units, further boosting your investment growth.

Choice 5

0.20% of account value annually from the 5th policy year onwards

Choice 10

0.30% of account value annually from the 10th policy year onwards

Choice 15

0.30% of account value annually from the 15th policy year onwards

Flexible Investment Plans: Tailored to Your Needs

These options allow you to align your investment strategy with your financial goals and cash flow commitments. Whether you're looking for a shorter-term investment or a long-term wealth accumulation plan, there's an option that fits your needs.

  • Choice 5

  • Choice 10

  • Choice 15

Why Compare Great Wealth Advantage 3 with other Investment Linked Plan Options through Whatins?

Traditional Approach

  • Limited to one company's fund options
  • Only hear about advisor's preferred funds
  • Single perspective on investment strategy

Whatins Advantage

  • Compare fund options across multiple insurers
  • Get different views on investment strategies
  • See how different advisors approach fund selection
  • Understand varied fee structures

Diverse Fund Options: Professional Management for Optimal Growth

With GREAT Wealth Advantage 3, you gain access to a suite of diverse funds managed by professional fund managers . This includes dividend-paying funds, allowing you to potentially earn regular income from your investments. The variety of funds caters to different risk appetites, enabling you to build an investment strategy that aligns with your risk tolerance and financial objectives.

Legacy Planning: Securing Your Family's Future

One of the unique features of GREAT Wealth Advantage 3 is its flexibility in legacy planning . From the second policy year onwards, you have the option to:

  1. Transfer policy ownership
  1. Change the life assured (up to two times during the policy term)

This feature allows you to pass on your investment to your loved ones, ensuring that your wealth continues to grow and support their future.

Protection Coverage: More Than Just an Investment

This comprehensive coverage ensures that you and your loved ones are protected financially, no matter what life throws your way.

Death

105% of total premiums paid (including top-ups) less withdrawals, or the account value, whichever is higher.

Total and Permanent Disability (TPD)

Same as death benefit, with coverage for certain TPD conditions extending throughout the policy term.

Terminal Illness

Same payout as the death benefit.

Real-Life Scenarios: How GREAT Wealth Advantage 3 Works

These scenarios illustrate the potential for significant wealth accumulation and the flexibility to adapt the plan to changing life circumstances.

Scenario 1: Jackson, the Young Professional

Jackson, a 25-year-old engineer, purchases GREAT Wealth Advantage 3 – Choice 15 with an annual premium of S$12,000. At age 40, his total surrender value could be S$261,934 (1.45x total premiums paid). At age 65, he could potentially receive a lump sum of S$1,934,880 (4.03x total premiums paid) or switch to monthly dividend-paying funds.

Scenario 2: Mr. Lim, the Business Owner

Mr. Lim, a 45-year-old business owner, purchases GREAT Wealth Advantage 3 – Choice 15 with an annual premium of S$100,000. At age 65, he transfers the policy to his son, Adam, who could potentially receive a total value of S$2,988,810 (1.49x total premiums paid) or continue receiving monthly dividend income.

Important Considerations

  • Investment Risks: Returns are not guaranteed and depend on fund performance.

  • Long-Term Commitment: Early termination may result in high costs and potential loss.

  • Fees: Be aware of fund management charges and other applicable fees.

  • Dividend Payments: Not guaranteed and may affect the fund's net asset value.

Conclusion: Is GREAT Wealth Advantage 3 Right for You?

GREAT Wealth Advantage 3 offers a compelling combination of wealth accumulation, flexibility, and protection . Its unique features like the Welcome Bonus, Loyalty Bonus, and legacy planning options make it an attractive choice for those looking to grow their wealth systematically.

However, as with any financial decision, it's crucial to consider your personal financial goals, risk tolerance, and long-term plans. While the potential returns are attractive, remember that they are not guaranteed and depend on market performance.

If you're looking for a way to invest regularly, potentially earn dividends, and have the flexibility to adapt your investment strategy over time, GREAT Wealth Advantage 3 could be an excellent option to consider.

Ready to explore if GREAT Wealth Advantage 3 is the right fit for your financial journey? Don't rely on just one perspective. Get expert insights tailored to your unique situation . Sign up now to receive 5 expert opinions on how GREAT Wealth Advantage 3 could fit into your investment strategy. These professionals will review your specific financial goals and provide personalized recommendations, helping you make the most informed decision possible.

Click here to get 5 expert opinions on GREAT Wealth Advantage 3

By consulting with multiple experts, you'll gain a comprehensive understanding of how this plan could work for you, ensuring you're making the best choice for your financial future. Don't leave your wealth accumulation to chance – get the expert advice you deserve today.

Why people were suggested Great Wealth Advantage 3

nathan lee
nathan lee, 25
GenderMale
Monthly Income$20,000
Insurance Types Suggested
  • Investment Linked Plan
Why Investment-linked policy was suggested:
An investment-linked policy from Great Eastern is recommended as it provides a flexible way to grow capital over the long term through a diversified portfolio of funds. With an annual premium of $2,400, this allows for consistent investing which can benefit from compounding returns over time. The policy's funds can be allocated across different asset classes like equities and bonds to align with the prospect's risk profile as a young investor.
Keeara
Keeara, 31
GenderFemale
Monthly Income$10,000
Insurance Types Suggested
  • Investment Linked Plan
Why Great Wealth Advantage 3 (Choice 5) was suggested:
The Choice 5 plan is suitable for Keeara as she is looking for a short-term investment commitment of no more than 15 years. With a 5-year premium payment term, she can enjoy a 30% welcome bonus on her investment and a 0.2% loyalty bonus from year 5 onwards. This plan offers flexibility with partial withdrawals and the ability to change the life assured, aligning with her goal of growing her investment for retirement.
Fenny
Fenny,
GenderFemale
Monthly Income$5,833.333
Insurance Types Suggested
  • Investment Linked Plan
Why GreatLink Global Technology Fund was suggested:
The GreatLink Global Technology Fund is suggested as a growth-focused investment option within the recommended wealth accumulation plan. With a strong historical performance of up to 15.18% per annum over 10 years, it provides the potential for capital appreciation over the long term. As the prospect's circumstances are not provided, this fund can be considered as part of a diversified portfolio for wealth growth.
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