Monday, February 16, 2009

Choice Saver Series 2 (Feb 2009)

Great Eastern recently released a revised single premium endowment fund, Choice Saver Series 2.


The good thing about the plan is that the premium is Guaranteed at maturity, giving an added assurance to consumers who are wary in today's financial products. Insurance coverage is minimum at 101% of the premium only.

Without further ado, here's a summary of the interest rates based on term, premium amount.

Projected Annualised Returns Upon Maturity (p.a)

Policy Term

Single Premium

$10,000

$50,000

5

2.40%

2.60%

10

3.10%

3.25%

15

3.75%

3.85%

20

3.80%

3.90%

25

3.90%

4.00%