TM goLuxe: Shape Your Luxury as You Desire
In today's fast-paced world, building wealth and securing your financial future has never been more important. But what if you could do more than just save? What if you could shape your luxury lifestyle while also protecting your loved ones ? Enter TM goLuxe, a revolutionary regular premium investment-linked plan that offers you the best of both worlds.
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What is TM goLuxe?
TM goLuxe is an innovative investment-linked insurance plan designed by Tokio Marine Life Insurance Singapore Ltd. It's not just another savings plan; it's a comprehensive wealth-building solution that allows you to customize your journey towards financial freedom and luxury living . With TM goLuxe, you can protect your loved ones, grow your wealth, and enjoy financial flexibility - all in one package.
Key Features That Set TM goLuxe Apart
Protection Benefits
Advanced Death Benefit to safeguard your family's future
No medical underwriting required, making it easier to get coverage
Optional riders for enhanced protection with premium waiver in unfortunate events
Financial Flexibility
Choose from 5 currencies: SGD, AUD, GBP, USD & EUR
Make partial withdrawals when you need funds
Enrol up to 4 life assureds to extend protection to your loved ones
Boost your investment with recurring single premiums or premium top-ups
Wealth Building Opportunities
100% of your regular premium invested into funds
Earn attractive bonuses for your commitment to wealth accumulation
Wide range of curated, best-in-class funds to grow your investments
Option to change life assured for continued family wealth-building
Why compare TM goLuxe 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
In summary: If you want more control and multiple suggestions, then Whatins is the way to go.
Protection Benefits: Safeguarding Your Future
Advanced Death Benefit
TM goLuxe provides an Advanced Death Benefit to protect your loved ones against unexpected events. This ensures that your family's financial future remains secure, even if you're no longer around.
No Medical Underwriting
Unlike many insurance policies, TM goLuxe doesn't require medical underwriting. This means less hassle for you and quicker coverage approval .
Optional Riders
You can enhance your coverage with optional riders. These riders can waive future premiums in case of unfortunate events, ensuring that your policy remains in force and continues to grow your wealth even during challenging times.
Financial Flexibility: Your Plan, Your Way
Multi-Currency Options
TM goLuxe offers you the flexibility to choose from five different currencies: Singapore Dollar (SGD), Australian Dollar (AUD), British Pound (GBP), US Dollar (USD), and Euro (EUR). This allows you to align your investment with your financial goals and hedge against currency fluctuations .
Partial Withdrawals
Life is unpredictable, and sometimes you need access to funds. With TM goLuxe, you can make partial withdrawals when necessary, giving you financial peace of mind without completely disrupting your long-term wealth-building strategy.
Multiple Life Assureds
You can enrol up to four life assureds in your policy. This feature allows you to extend protection to your loved ones , ensuring that your family's financial future is secure.
Investment Boosters
Want to accelerate your wealth growth? TM goLuxe allows you to boost your investment with recurring single premiums or premium top-ups. This flexibility enables you to capitalize on market opportunities or increase your investment when your financial situation allows.
Wealth Building: Maximizing Your Financial Potential
100% Investment of Regular Premiums
With TM goLuxe, 100% of your regular premium is invested into funds . This means every dollar you pay works towards growing your wealth, maximizing your investment potential.
Attractive Bonuses
TM goLuxe rewards your commitment to wealth accumulation with three types of bonuses: Initial Bonus (up to 37.5% for the first 3 years), Yearly Loyalty Bonus (up to 0.5% from the 4th Policy Year onwards), and Achievement Bonus (up to 15% of the Accumulation Units Account value in eligible policy years).
Dividend Payouts
You can choose to collect dividend payouts to build an additional income stream. This feature allows you to enjoy the fruits of your investment while your wealth continues to grow.
Fund-Switching Options
TM goLuxe offers fund-switching options, allowing you to adjust your investment strategy as market conditions change. This flexibility can help boost your policy value and wealth-building potential.
Curated Fund Selection
You'll have access to a wide range of specially curated, best-in-class funds. This carefully selected portfolio allows you to diversify your investments and capitalize on various market opportunities .
Changeable Life Assured
TM goLuxe allows you to change the life assured, ensuring continued wealth-building for your family across generations.
Real-Life Scenarios: How TM goLuxe Can Work for You
The Global Investor
Sarah, a 35-year-old executive, wants to build wealth while hedging against currency fluctuations. She chooses TM goLuxe with a mix of USD and EUR funds. The multi-currency option allows her to diversify her investment across different economies.
The Family Planner
John, a 40-year-old father of two, wants to secure his family's future. He enrolls himself and his wife as life assureds in a TM goLuxe policy. The Advanced Death Benefit provides peace of mind, while the wealth-building features help him save for his children's education.
The Aspiring Entrepreneur
Mike, a 28-year-old professional, dreams of starting his own business in a few years. He chooses TM goLuxe for its partial withdrawal feature. This allows him to grow his wealth now, with the flexibility to access funds when he's ready to launch his startup.
The Legacy Planner
Linda, a 50-year-old business owner, wants to build and transfer wealth to future generations. She opts for TM goLuxe with the changeable life assured feature, allowing her to pass on the policy and its accumulated wealth to her children or grandchildren in the future.
Pros and Cons of TM goLuxe
Pros
Flexible investment options with five currency choices
Attractive bonuses to boost wealth accumulation
No medical underwriting required
Option to extend protection to multiple life assureds
Partial withdrawal feature for financial emergencies
Cons
As with all investment-linked policies, returns are not guaranteed
Early termination may result in significant costs
The policy's performance is subject to market risks
Frequently Asked Questions
Is TM goLuxe suitable for short-term investments?
TM goLuxe is designed for medium to long-term regular investments. It may not be ideal for short-term financial goals.
Can I change my investment funds after purchasing the policy?
Yes, TM goLuxe offers fund-switching options to adjust your investment strategy.
What happens if I need to terminate the policy early?
Early termination usually involves high costs, and the surrender value may be less than the total premiums paid.
Is my TM goLuxe policy protected?
Yes, policies distributed in Singapore are protected under the Policy Owners' Protection Scheme, administered by the Singapore Deposit Insurance Corporation (SDIC).
How often can I make partial withdrawals?
The frequency and amount of partial withdrawals may be subject to certain conditions. It's best to check with your Tokio Marine Representative for specific details.
Conclusion
TM goLuxe offers a unique blend of protection, flexibility, and wealth-building potential. It's designed for those who want to shape their luxury lifestyle while securing their financial future . With its range of features - from multi-currency options to attractive bonuses and flexible withdrawal facilities - TM goLuxe provides a comprehensive solution for medium to long-term wealth accumulation.
However, like all investment-linked policies, it's important to understand that returns are not guaranteed and are subject to market risks. The policy's performance depends on the performance of the chosen investment funds.
Before making a decision, it's crucial to carefully consider your financial goals, risk tolerance, and long-term objectives. While TM goLuxe offers attractive features, it's always wise to consult with a financial advisor to ensure it aligns with your specific needs and circumstances.
Ready to shape your luxury as you desire? Don't rely on just one perspective. Get expert insights tailored to your unique financial situation. Sign up now to receive 5 expert opinions on investment-linked insurance plans . These professionals will review your specific needs and provide personalized recommendations, helping you make the most informed decision possible.
By consulting with multiple experts, you'll gain a comprehensive understanding of your options and ensure you're choosing the best path towards your envisioned high life. Don't leave your financial future to chance – get the expert advice you deserve today.
- 👉 TM goLuxe: Shape Your Luxury as You Desire
- 👉 What is TM goLuxe?
- 👉 Key Features That Set TM goLuxe Apart
- 👉 Protection Benefits: Safeguarding Your Future
- 👉 Financial Flexibility: Your Plan, Your Way
- 👉 Wealth Building: Maximizing Your Financial Potential
- 👉 Real-Life Scenarios: How TM goLuxe Can Work for You
- 👉 Pros and Cons of TM goLuxe
- 👉 Frequently Asked Questions
- 👉 Conclusion
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