China Taiping Infinite Elite Legacy (USD) provides an immediate Guaranteed Benefit (GB) of up to 3.5 times of the basic sum assured until age 86. Thereafter the GB will decrease by 10% each policy year for five policy years and will remain at 50% from age 90 onwards.
With your sights set on a lifestyle defined by pleasure and fulfillment, you used foresight, wise financial decisions, and hard effort to attain your objectives. Your next step is to protect and grow your wealth so that you can leave a lasting legacy to your loved ones.
With this plan, you can bring your ultimate goal to fulfillment. Make the deliberate decision to protect your legacy and the future of your loved ones.
Some things to note. This review 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.
There can be shifts in planning narratives over time. For example, limited premium tenures gain popularity over the years because people are less confident of their future earning capacity or sustainability of income levels. Regular payout features gained popularity when more and more people are in tune with the FIRE (Financial independence retire early) movement. An extended period of low interest rates brought down insurance products’ returns yield for policy holders, but now in a rising interest rates environment, things are set to change.
China Taiping Infinite Elite Legacy 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.