Interest Rate (p.a）
*The above is an illustration of your benefit amount and assumes that all premiums are received by the Company in full on the premium due dates. The savings calculator is for illustration only and does not account for levy. The Account Value illustrated may differ slightly from the actual benefit amount payable due to rounding differences.
Clara worked for five years after graduation from university. She had a savings habit since she was a kid, and set a savings goal for herself every year. Without much investment knowledge, she hoped to choose a savings plan with a steady return to grow her personal wealth. Therefore, Clara decided to go for WeSave S1 Insurance Plan and paid a single premium of USD15,000 in full. Three years later, Clara’s family needed urgent financial assistance, so she decided to surrender her policy and withdraw the full amount to cater to such cash flow needs. At last, she received USD16,074 as surrender benefit to cope with the situation without paying any penalty fees.
James, at the age of 33, had a newborn baby. He reckoned that there could be quite a lot of unexpected expenses, so set aside some amount idle cash. However, he was wondering if he could invest in a flexible low-risk savings plan instead of just leaving money as cash depreciating. In the end, James decided to go for WeSave S1 Insurance Plan and paid a single payment of USD 50,000 in full. He withdrew the savings in 3 years later due to an emergency, getting principal of USD50,000 and a guaranteed return of USD3,580 in total.
David, an engineer aged 55 years old, began planning for his retirement. He planned to save a sufficient amount of money to support his retirement life five years later. In the face of the uncertain market conditions and his busy work schedule, David wanted to build his retirement funds with a guaranteed savings plan providing stable return, and at the same time a plan that would not take him too much time to manage. He decided to apply for WeSave S1 Insurance Plan, paying a single premium of USD150,000 in full. Five years later when the savings plan ended, David successfully got back his principal of USD150,000 and the guaranteed return of USD23,925 giving him the perfect start to a carefree retirement.
|Key Summary||Key Coverage|
|Policy Benefit Term||5 years|
|Premium Payment Term||Single payment|
|Maximum Cover Age||70|
|Premium Payment Frequency||Single premium|
|Minimum Premium Amount (per policy)||Single premium: USD 4,000|
|Maximum Premium Amount (per Life Assured individual)||Single premium: USD 250,000|
|Premium Change||Not Applicable|
|Partial Withdrawal||Not Applicable|
|Guaranteed Crediting Interest Rate (per annum)||
|Fees and Charges||No charges|
|Surrender Benefit||100% of Account Value|
|Death Benefit||101% of Account Value|
|Accidental Death Benefit||If the death of the Life Assured individual is caused by an accident, in addition to Death Benefit, an extra 100% of Account Value will be given, subject to a maximum of USD 125,000 per Life Assured individual under all WeSave S1 policies.|