TM Nest Egg (GIO CashBack)

About Us
TM Nest Egg (GIO CashBack)
Tokio Marine Life Insurance Singapore Ltd. is part of Tokio Marine
Holdings Inc. which has over 130 years of history. As at March 2013,
Tokio Marine Holdings Inc. has a market capitalisation of close to
US$22 billion and total assets of around US$191 billion. With its
presence spreading over 456 cities in 37 countries, Tokio Marine is
indisputably one of the largest insurance groups in the world.
Saving for tomorrow while
enjoying today’s luxuries
Our reputation in Singapore as a leading life insurer has been
gained through our strong historical investment returns, disciplined
underwriting and careful expense management.
We are committed to bring meaningful product solutions to meet your
individual and corporate insurance needs.
Driven by Customer-focus, Integrity and Excellence as our core values,
we endeavour to be your preferred insurance partner for life.
This information is accurate as at June 2014.
Speak to your preferred Adviser or visit www.tokiomarine-life.sg
TM Nest Egg (GIO CashBack) benefits:
(Company Reg. No.: 194800055D)
20 McCallum Street, #07-01 Tokio Marine Centre, Singapore 069046
T: 6592 6100 F: 6223 9120 W: www.tokiomarine-life.sg
E&OE
AUG2014
GuAranteed yearly
cash BENEFIT
Capital
guaranteed
ATTRACTIVE
RETURNS
guAranteed
acceptance
Singapore is one of the
most expensive cities to live in.
Necessary expenditure makes it
even tougher to save.
According to a study done in 2013 by The Economist, Singapore is the world’s 6th
most expensive city to live in. It is also the 2nd most expensive in Asia, after Japan.
Necessities such as food, transport, allowances for kids and ageing parents,
groceries and housing account for bulk of the expenses. Cutting back on these is
next to impossible.
Singapore workers spend mostly on necessities.
Monthly paychecks are mainly spent on:
Rank 1
Japan / Tokyo
Rank 2
Japan / Osaka
Rank 3
Australia / Sydney
Rank 6
Singapore
Rank 7
Switzerland / Zurich
Rank 8
France / Paris
Rank 4
Norway / Oslo
Rank 5
Australia / Melbourne
Rank 9
Rank 10
Venezuela / Caracas Switzerland / Geneva
69.6%
57.3
%
Transportation
Food
51.1
%
Allowances for
parent or children
45.9
%
Shopping or
Groceries
Saving regularly is a challenge since we live in an
expensive country.
Source: Worldwide Cost of Living 2013. Which city is the most expensive to live in? Which city is the cheapest? A summary from
The Economist Intelligence Unit.
37.5
%
Accommodation
23.6
%
Entertainment
15.1%
Holidays
How much should you be
saving each month?
Those at the Managerial level are most likely to spend their
salary on leisure activities.
Saving 20% of your monthly income is a healthy
benchmark for good saving habits. An independent
study done in 2013 found that only 4 out of 10
workers saved more than 20% of their monthly
income. This means 60% of Singapore workers are
not saving enough.
37.3%
30.6%
41.3%
43.0%
It is important to save up for rainy days and
for all your future commitments.
Source: http://community.jobscentral.com.sg/node/2300
60%
of Singapore workers are
not saving enough.
Administrative Staffs
Associate Professionals / Technicians
Professionals / Executives
Managers / Directors
Besides necessities, occasionally splurging on food and
travel can also deplete your savings.
Source: http://community.jobscentral.com.sg/node/2300
1 Attractive returns upon maturity
2 Guaranteed yearly cash benefits
Benefit Snapshot
3 Capital guaranteed
4 Guaranteed acceptance
5 Choice of premium and policy terms
Saving for tomorrow while
enjoying today’s luxuries
About the Plan
Saving for the future requires balancing your
financial needs and wants today. While it is
important to save for the future, you want to be
able to enjoy the moment today.
TM Nest Egg (GIO CashBack) is a limited pay,
participating endowment plan which provides
you with a stream of guaranteed yearly cash
benefits so you can enjoy today’s luxuries, while
saving for tomorrow.
Guaranteed yearly
cash benefit
Benefits of the Plan
GuAranteed yearly
You will receive a guaranteed
cash BENEFIT
yearly cash benefit from the
second policy anniversary, to
one year before the policy matures. It is up to
you, how you would like to use it. You can either
withdraw your yearly cash benefit to spend it
as you like, or simply reinvest it with us to earn
interest1. These yearly cash benefits are on top
of your maturity proceeds. Whichever option you
choose, you will be rewarded for your savings!
Capital guaranteed2
Every dollar you contribute as
premiums will be returned to
Capital
guaranteed
you, upon policy maturity. This
way, you need not worry about losing your hardearned savings.
Attractive returns of up to 3.8% p.a.
TM Nest Egg (GIO CashBack) can potentially provide returns
of up to 3.8%3,4 p.a. upon maturity. You may use these payouts
as a reward to indulge yourself or save up for bigger goals.
ATTRACTIVE
RETURNS
Guaranteed acceptance
This is a guaranteed acceptance plan with no medical
underwriting5 so you can start accumulating your wealth
almost immediately.
Flexible premium payment and
policy terms available
You may select an option that best suits your financial goals:
Available Premium
Payment Terms (Years)
guAranteed
acceptance
Flexible
PREMIUM
PAYMENT &
POLICY TERMS
Available Policy Terms
(Years)
5
10
15
20
-
10
-
15
20
25
15
-
-
20
25
20
-
-
-
25
Maturity benefit
At the end of the policy term, you will receive a lump sum
maturity benefit comprising of a guaranteed payout of up to
16 times6 of your yearly cash benefits and any accumulated
bonuses4.
MATURITY
BENEFIT
Be protected as you save towards your goals
In the event of any unforeseen events, you are also covered
by a death benefit7.
Enjoy enhanced protection with
our optional riders5
To boost your protection coverage, you can choose to add
on any of our riders to waive off your premiums, should the
unfortunate happen.
DEATH
BENEFIT
ENhanced
PROTECTION
Illustration:
Life Assured
Michael
Profile
Age 30, male and non-smoker
Annual Premium S$8,645.65
Guaranteed Yearly Cash Benefit S$3,250.00
Premium Payment Term 10 years
Policy Term 15 years
With TM Nest Egg (GIO CashBack),
you can enjoy the flexibility to
save as you wish, or spend as you desire
Projected
maturity benefit
of S$65,2164
From the second policy anniversary onwards, Michael starts
receiving a guaranteed yearly cash benefit of S$3,250
Year
1
Year
2
Year
10
Year
14
Maturity
Paid an annual premium of S$8,645.65 over 10 years
The prevailing interest rate is 3.75% p.a. which is non-guaranteed.
Applicable to annual premium payment mode only.
3
Based on the profile of a 1 year old female, non-smoker, premium payment term of 5 years and policy term of 20 years,
paid-out option and guaranteed yearly cash benefit of S$15,000.
4
The projected maturity benefit includes a guaranteed benefit and non-guaranteed bonuses. Bonuses are based on a
projected investment rate of return of 4.65% p.a. (for premium payment term of 5 years with policy term of 10 years)
and 4.75% p.a. (for the other premium payment and policy terms) on the Participating Fund. As these bonuses are not
guaranteed, the actual amount payable may vary according to the future performance of the Participating Fund.
5
Riders may be subject to full underwriting.
6
Depending on the premium payment term and policy term selected. Refer to Product Summary for details.
1
2
7
In the event of death of the life assured, a death benefit comprising the following, less any indebtedness, will be payable
in one lump sum - 105% of total annual premiums paid, accumulated reversionary bonuses and any guaranteed yearly
cash benefits accumulated with Tokio Marine Life Insurance Singapore Ltd. (TMLS) plus accumulated interest (if paid-out
option is not selected).
All illustrations in this brochure are not drawn to scale.
All ages mentioned in this brochure are based on age next birthday.
This plan is underwritten by Tokio Marine Life Insurance Singapore Ltd. All benefits and features mentioned herein are
subject to terms and conditions of the policy. You must refer to the policy contract for the precise terms and conditions of
this insurance plan. The information shown in this brochure is for reference only and is accurate as at 20 August 2014.
Note: Buying a life insurance policy can be a long-term commitment. An early termination of the policy usually involves
high costs, and the surrender value payable may be less than the total premiums paid. You may wish to seek advice from
a financial adviser before making a commitment to purchase the product. In the event that you choose not to seek advice
from a financial adviser, you should consider whether the product in question is suitable for you.

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