Etiqa Esteem Legacy II
February 20, 2024
Tokio Marine Wealth Series ILP
February 21, 2024
Tokio Marine Harvest ILP series of Investment-linked Plans offer guaranteed acceptance with no medical underwriting.
There are minimum investment periods from 10 (Flexi / Pro) to 15 (Max) years. Other notable pointers between the plans include:
- Harvest Flexi allows SGD, USD only, whereas Pro & Max allow SGD, USD, AUD, GBP, EUR currencies.
- All 3 plans allow Life Replacement Option, to add, remove or change life assured.
- All 3 plans can choose to receive dividend payout in cash as early as Year 1 or reinvest for longer term growth.
- All 3 plans have their initial bonus paid in the first policy year, and the Performance Investment bonus paid starting from the 4th policy year to end of minimum investment period, provided performance growth measure is at least 102%.
- Loyalty bonuses vary with each plan, please inquire for specifics.
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.
Tokio Marine Harvest ILP series 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.
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