1. Enhanced Protection for Peace of Mind
goWealth Enrich isn't just about growing your wealth; it's also about protecting your loved ones. The plan provides death and accidental death benefits, ensuring that your beneficiaries are financially secure if something happens to you. What's more, there's no medical underwriting required, making it easy for anyone to get coverage.
2. Wealth Accumulation Opportunities
This is where goWealth Enrich really shines. Here's how it helps you grow your wealth:
a) Loyalty Bonus : At the end of each policy year, starting from the 1st policy anniversary, you receive a loyalty bonus of 0.22% per annum. This bonus compounds over time, significantly boosting your returns.
b) 100% Investment : Unlike some insurance plans that allocate a portion of your premium to fees, goWealth Enrich invests 100% of your single premium into funds. This means your entire investment is working to generate returns from day one.
c) Dividend Payouts : You have the option to receive additional dividend payouts, providing an extra income stream if needed.
d) Fund-Switching Options : The plan allows you to switch between different funds, giving you the flexibility to adjust your investment strategy based on market conditions or your changing financial goals.
e) Best-in-Class Funds : goWealth Enrich offers access to a suite of high-quality funds, carefully selected to provide strong growth potential.
3. Financial Flexibility to Meet Changing Needs
Life is unpredictable, and your financial needs may change over time. goWealth Enrich understands this and offers several flexible features:
a) Multiple Currencies : Choose from SGD, AUD, GBP, USD, or EUR for your policy. This allows you to align your investment with your preferred currency exposure.
b) Partial Withdrawals : If you need access to some of your funds, you can make partial withdrawals without terminating the entire policy.
c) Policy Currency Switch : You have the option to switch your policy currency, which can be useful if your financial circumstances change.
d) Change of Life Assured : The plan allows you to change the life assured, giving you flexibility in estate planning.
e) Multiple Life Assureds : You can enroll up to 4 life assureds under one policy, providing protection for multiple family members.
f) Top-up Options : Take advantage of Top-up and/or Recurring Single Premium options to keep growing your investments over time.