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Income Star Secure Pro is a whole life insurance plan that is accumulates a cash value. Being able to provide up to 500% of the sum assured is like other “multiplier effect” similarly seen in other such whole life plans.
Other riders that can be added to enhance coverage benefits include:
- Advance Life Accelerator
- Early Life Accelerator
- Hospital CashAid
- Dread Disease Premium Waiver
- Enhanced Payor Premium Wavier
Whole Life Insurance policies have evolved over the years and this plan includes retrenchment benefit – waiver of premiums for up to 6months.
Some things to note. This post will get dated. And the product might not be available for new subscriptions at some point. Hopefully this serves as reference for future policyholders who have forgotten what they have taken up.
Income Star Secure Pro may or may not fit into your financial plans. Understand that there is no best plan for all time, but there is a method to objectively facilitate your decisions. Read more about it here.