Realize your dreams
Putting up a business, sending your child to school and setting up a retirement fund are life goals that require careful planning and preparation. Whatever you're aiming for, Sun Grepa Elev8 can help you reach and protect your dreams.
Plan now and realize your dreams.
Sun Grepa Elev8 offers you the following:
- Elevating Cash Benefits
Enjoy guaranteed cash benefits every other year starting at the end of the 8th year. It is equivalent to 8% of the face amount and increases by 2% of the face amount every succeeding payout. Get it regularly or build your savings by leaving them with the Company to accumulate.
- Elevating Insurance coverage
Feel secure and protected with guaranteed insurance coverage for 20 years. From 100% of the face amount on the 1st year, your coverage increases by 16% of the face amount every year up to a maximum of 228% of the face amount at the end of the 8th year until the 20th year.
- Lump Sum Maturity Benefit
Boost your fund for savings, education, business or retirement, with a lump sum maturity benefit that's 102% of your face amount at the end of the 20th year.
Special Bonus and Dividends1
Enjoy a special bonus after 8 years and dividend earnings onwards. You may opt to get these in cash or leave with the Company to accumulate.
Maximize your coverage by adding optional supplements to your policy. The Accidental Death Benefit provides additional benefit in case of untimely demise due to accidents. The Waiver of Payments upon Death or Disability of Initial Owner and Total Disability Benefit waive future payments in case of payor's total and permanent disability.2
Limited Payment Period
Fully pay your policy in just eight (8) annual payments, with the amounts fixed throughout the payment period. Annual, semi-annual, quarterly and monthly modes of payment are available.3
1 Special bonus and dividends are not guaranteed.
2 The Waiver of Premium upon Death or Disability of the Initial Owner waives future premiums in case of payor's total and permanent disability or death before the insured child reaches age 21. Total Disability Benefit waives future premiums in case of payor-insured's total and permanent disability.