TM Atlas Wealth
We analysed TM Atlas Wealth so you don't have to. One fascinating find: Multi-currency policy with no medical underwriting! View our full review to see if it fits your needs.
Are you looking for a way to make your money work harder for you ? Do you want to protect your loved ones financially while also growing your wealth? If so, Tokio Marine's goWealth Enrich might be the solution you've been searching for. Let's dive deep into this unique investment-linked insurance plan and explore how it can help you achieve your financial goals.
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TM goWealth Enrich is a single premium investment-linked insurance plan designed for medium to long-term wealth accumulation . It's an innovative product that combines life insurance protection with investment opportunities, allowing you to grow your wealth while ensuring financial security for your loved ones.
Invest once and watch your money grow over time. No need to worry about regular premium payments.
Provides financial protection for your beneficiaries. Peace of mind knowing your loved ones are taken care of.
Easy application process. No need for medical examinations or health questionnaires.
Receive a 0.22% per annum loyalty bonus starting from the 1st policy anniversary. Boosts your investment returns over time.
Every dollar of your single premium is invested into funds . Maximizes your potential for wealth accumulation.
Choose from SGD, AUD, GBP, USD, or EUR. Flexibility to align with your financial goals and risk appetite.
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.
Sarah, 45, wants to invest S$100,000 for her retirement while also providing financial protection for her family. She chooses goWealth Enrich in USD to gain exposure to global markets. Over the years, she benefits from the loyalty bonus and fund growth. If she passes away unexpectedly, her family receives the death benefit, ensuring their financial security.
John, 60, wants to leave a legacy for his grandchildren. He invests S$500,000 in goWealth Enrich, naming his two grandchildren as life assureds. This allows him to grow his wealth while ensuring that the policy continues even after his passing, potentially providing a significant inheritance for his grandchildren.
Michael, 50, believes in currency diversification. He starts with a S$200,000 investment in SGD but later switches to GBP when he sees better opportunities in the UK market. The flexibility to switch currencies allows him to optimize his investment strategy over time.
One-time premium payment
No medical underwriting required
Multiple currency options
Flexibility to switch funds and make partial withdrawals
Loyalty bonus enhances returns
100% of premium invested in funds
Requires a significant upfront investment
Returns are not guaranteed and depend on fund performance
May have higher fees compared to pure investment products
Early termination may result in significant losses
You should check with Tokio Marine for the current minimum investment requirement.
Yes, you can make top-ups or set up recurring single premium payments.
You can make partial withdrawals, but this may affect your policy value and benefits.
No, returns depend on the performance of the chosen funds and are not guaranteed.
Early termination may result in significant losses, as the surrender value may be less than the total premium paid.
TM goWealth Enrich offers a unique combination of wealth accumulation opportunities and life insurance protection . Its flexibility in terms of currency options, fund choices, and policy features makes it an attractive option for those looking to grow their wealth over the medium to long term while also ensuring financial protection for their loved ones.
However, like any investment-linked insurance plan, it comes with risks. The returns are not guaranteed, and early termination can result in significant losses. It's crucial to carefully consider your financial goals, risk tolerance, and investment horizon before committing to this plan.
Ready to take the next step in your wealth accumulation journey? 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 plan for your wealth accumulation goals. Don't leave your financial future to chance – get the expert advice you deserve today.
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