GREAT SP series endowment plan in August 2025 is a short-term single premium non-participating endowment plan that provides a guaranteed returns of 1.40% per annum at the end of 2 years. The plan is offered by Great Eastern. Similar to previous tranches, the benefits of the GREAT SP endowment plan are the guaranteed return of 1.40% per annum upon maturity in 2 years, 100% capital guaranteed upon maturity and added protection against Death and Total and Permanent Disability with no medical assessment needed.
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Endowment plans are life insurance saving plans offered by insurance companies. The aim is to help policyholders save towards specific financial goals. Policy holders can contribute a regular amount for a designated period of time or pay a lump sum upfront at the start of the policy. Endowment plans usually provides financial protection against death and...
