Investment Linked Plan

TM Atlas Wealth: Your Global, Multi-Currency Investment Solution

In today's fast-paced, globalized world, managing your wealth effectively across borders can be challenging. Whether you're an expatriate professional, a global citizen, or simply someone looking for diverse investment opportunities, you need a flexible, comprehensive solution that grows with you. Enter TM Atlas Wealth , a unique investment-linked insurance policy (ILP) designed to meet the complex needs of the modern investor.

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What is TM Atlas Wealth?

TM Atlas Wealth is a limited-pay, whole of life, investment-linked insurance policy offered by Tokio Marine Life Insurance Singapore Ltd. It's designed to provide you with a flexible, rewarding, and global approach to wealth management and protection . This plan allows you to invest in multiple currencies, adapt to changing life circumstances, and potentially boost your returns through various bonuses.

Key Features That Set TM Atlas Wealth Apart

Multi-Currency Options

Available in five major currencies: SGD, AUD, GBP, USD, and EUR . Ideal for expatriates and those with international financial goals.

Flexible Premium Payment Terms

Choose a premium payment term between 5 and 25 years. Minimum monthly premiums range from 380 GBP to 660 AUD, depending on currency.

Rewarding Bonus Structure

Initial bonus of up to 97.5% of annualized regular premium over the first 5 years. Yearly loyalty bonus of up to 0.3% per annum of accumulated units account value from the 6th year onwards.

Investment Flexibility

100% of regular premiums allocated for unit purchase from day one . Option to make premium top-ups, withdrawals, and free fund switches.

Coverage Options

Basic Death Benefit: 101% of policy value. Advanced Death Benefit: Higher of 101% of policy value or total premiums paid less withdrawals (during premium payment term).

No Medical Underwriting

Simplified application process with no medical examination required .

Why compare TM Atlas Wealth 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

How TM Atlas Wealth Works

Let's break down the key components of this plan:

1. Premium Allocation: From day one, 100% of your regular premium is allocated to purchase units in your chosen funds.

2. Bonus Structure: Initial Bonus of up to 19.5% per annum for the first 5 years. Loyalty Bonus of up to 0.3% from the 6th year onwards.

3. Investment Options: Access to a range of curated ILP sub-funds for a diversified portfolio.

4. Flexibility: Switch funds without charge, make partial withdrawals, adjust premium contributions, and add/remove/change Life Assured.

5. Protection: Choose between Basic Death Benefit or Advanced Death Benefit during the premium payment term.

Real-Life Scenario

Let's consider Joan, a 30-year-old professional who signs up for TM Atlas Wealth with a 20-year premium payment term:

  • At age 30: Joan starts her plan, benefiting from the initial bonus for the first 5 years.
  • At age 35: She increases her premium contribution via a top-up when she receives a bonus from her company.
  • At age 39: Joan adds her newborn children as Lives Assured and adjusts her premium contribution due to changing family needs.
  • At age 50: She makes a partial withdrawal to celebrate her silver wedding anniversary with a holiday trip.
  • At age 65: Joan starts making regular withdrawals for retirement needs while her investment continues to grow.
  • At age 80: She transfers policy ownership to her children, ensuring her legacy continues.

Throughout this journey, Joan benefits from the annual loyalty bonus and has the flexibility to switch funds based on market opportunities.

Costs and Charges

It's important to understand the fees associated with TM Atlas Wealth:

  1. Initial Charge: 4% p.a. of initial units account value
  1. Policy Charge: 1.50% p.a. of policy value
  1. Premium Charge for Recurring Single Premium (RSP) and Top-Up Premium: 5% of each RSP and/or top-up premium
  1. Monthly Protection Charge: Applicable for Advanced Death Benefit option only
  1. Fund Management Charge: Varies depending on the chosen investment fund
  1. Credit Card Charge: 1.60% for premium payments via credit card (waived for first premium payment)

There are no charges for withdrawals, changes in policy currency, fund switching, or surrenders (after the premium payment term).

Pros and Cons

Pros

  • Multi-currency options ideal for global citizens

  • Flexible premium payment terms and investment options

  • Rewarding bonus structure to boost investment growth

  • No medical underwriting required

  • Option to add multiple lives assured (up to 4)

Cons

  • Fees and charges may impact overall returns

  • Investment risks – returns are not guaranteed

  • Early termination may result in significant costs

  • Complex structure may require careful consideration and professional advice

Who is TM Atlas Wealth Suitable For?

TM Atlas Wealth is particularly well-suited for:

  1. Expatriate professionals working in different countries
  1. Individuals with international financial commitments (e.g., overseas education for children)
  1. Investors looking for a flexible, long-term wealth accumulation plan
  1. Those seeking a balance of investment opportunity and life coverage
  1. People who value the ability to adapt their financial plan as life circumstances change

Frequently Asked Questions

Can I change the currency of my policy after purchase?

Yes, but check with Tokio Marine for any associated costs or conditions.

What happens if I can't pay my premiums?

The policy may lapse if premiums are not paid. Speak with your advisor about options like premium holidays.

Can I access my funds before the end of the premium payment term?

Yes, you can make partial withdrawals, but this may affect your policy value and benefits.

How are the bonuses calculated and allocated?

Initial bonuses are based on a percentage of regular premiums paid in the first 5 years. Loyalty bonuses are a percentage of the accumulated units account value from year 6 onwards.

What happens to my policy if I move to another country?

TM Atlas Wealth is designed for global mobility. However, always check the legal and tax implications in your new country of residence.

Conclusion

TM Atlas Wealth offers a unique combination of flexibility, global reach, and potential for growth that makes it stand out in the world of investment-linked insurance policies. Its multi-currency options and adaptable structure make it particularly attractive for those with international lifestyles or financial goals.

However, like any financial product, it's crucial to carefully consider your personal circumstances, risk tolerance, and long-term objectives before committing. The complex nature of this product means it's especially important to seek professional advice to ensure it aligns with your overall financial strategy.

Remember, while TM Atlas Wealth offers exciting opportunities for wealth accumulation and protection, it also comes with investment risks. The value of your investment can go down as well as up, and past performance is not necessarily indicative of future results.

Ready to explore how TM Atlas Wealth could fit into your financial plan? 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 TM Atlas Wealth could work for you. These professionals will review your specific circumstances and provide personalized recommendations, helping you make the most informed decision possible.

By consulting with multiple experts, you'll gain a comprehensive understanding of how this product could fit into your overall financial strategy. Don't leave your global wealth management to chance – get the expert advice you deserve today.

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