Income Gro Saver Flex Pro Is It Right for You

Income’s Gro Saver Flex Pro: Is It Right for You?

In the ever-changing landscape of personal finance, one must carefully consider options that offer both flexibility and security. Income Gro Saver Flex Pro, a versatile endowment plan from Income Insurance Singapore, has emerged as a noteworthy choice. This review delves into the intricacies of the plan to help you determine if it aligns with your financial objectives.

Unveiling Income Gro Saver Flex Pro: A Closer Look

This is not your typical insurance plan; it’s an endowment product designed to provide a reliable avenue for savings and wealth accumulation. What sets it apart is its flexibility. It grants you the power to customize your premium and policy term, ensuring that your financial plan aligns seamlessly with your goals and lifestyle.

Why Choose Income Gro Saver Flex Pro for Your Financial Goals

Tailoring Your Financial Future: Customization with Income Gro Saver Flex Pro

Flexibility in Premium and Policy Terms

The hallmark feature of the plan is the freedom it offers. When you opt for this plan, you gain the ability to choose your premium amount and policy term. Whether you’re looking for a short-term financial commitment or a more extended horizon, Gro Saver Flex Pro accommodates your preferences.

Premium Term (Years) Policy Term (Years)
Single Premium/ 5 10, 15, 20, 25, 30 years or till age 120
10 15, 20, 25, 30 years or till age 120
15 20, 25, 30 years or till age 120
20 25, 30 years or till age 120
25 30 years or till age 120
30 Till age 120

Financial Security and Peace of Mind

While Gro Saver Flex Pro primarily serves as a savings and wealth accumulation tool, it doesn’t overlook the importance of protection. During the policy term, you’re covered against the uncertainties of life. In the unfortunate event of your demise or a diagnosis of terminal illness, your loved ones will receive the benefits of the policy, offering them financial support during challenging times.

Growing Your Wealth: Participating in the Life Participating Fund

Gro Saver Flex Pro belongs to the category of participating life insurance policies. This means policyholders can actively participate in the performance of the Life Participating Fund. Such participation can result in the accrual of non-guaranteed bonuses, potentially enhancing the overall value of your policy. In essence, it’s a way to make your savings work harder for you over the long term.

Life Happens: How Income Gro Saver Flex Pro Adapts to Your Changing Needs

Life is a journey filled with twists and turns, and your financial needs can evolve in unexpected ways. Income Insurance understands that adaptability is key, which is why it offers a unique feature called the Guaranteed Insurability Option. This option allows policyholders to buy another life policy under specific circumstances, all without the need for evidence of good health.

When Can You Consider the Guaranteed Insurability Option?

The Guaranteed Insurability Option of Gro Saver Flex Pro comes into play when the original insured experiences significant life events, such as:

  1. Turning 21
  2. Marriage
  3. Divorce
  4. Becoming a parent
  5. Death of spouse
  6. Purchase of a residential property

If any of these life events occur, the original insured has the opportunity to take up a new policy that covers only death and total and permanent disability benefits. Importantly, this can be done without the hassle of proving good health.

Ensuring Continuity: Secondary Insured and Guaranteed Acceptance with Gro Saver Flex Pro

Ensuring Continuity: Secondary Insured

To further enhance the flexibility of Gro Saver Flex Pro, you have the option to appoint a secondary insured during the policy term. This secondary insured can ensure the continuity of the policy in the event of the original insured’s demise.

Guaranteed Acceptance Regardless of Health Condition

Moreover, Gro Saver Flex Pro offers guaranteed acceptance, regardless of your health condition. The absence of a medical check-up simplifies the application process, allowing you to start building your wealth with ease.

Extra Protection, Extra Peace: Enhanced Coverage Options

For those seeking additional protection, Gro Saver Flex Pro offers riders that can be added to your policy. These riders include:

Savings Protector Pro

This rider provides protection in the event of total and permanent disability (TPD) before the age of 70. It waives future premiums on the basic policy and offers a lump sum benefit equivalent to two years of annual premiums.

Retrenchment Benefit

If you get retrenched and remain unemployed for 3 consecutive months, you don’t have to pay premiums for your basic policy and selected rider(s) for 6 months. This offers peace of mind during challenging times.

Cancer Premium Waiver (GIO)

This rider waives future premiums if you’re diagnosed with a major cancer during the term of the rider. It provides financial relief when you need it most.

A Financial Journey with Gro Saver Flex Pro: Dreaming Big for Sophia

Embarking on a financial journey with Income Gro Saver Flex Pro is like setting out on a path to fulfil your aspirations for your loved ones. In this subsection, we’ll delve into a heartfelt narrative—a journey filled with dreams and aspirations for someone special, Sophia. Join us as we explore how this plan can help turn those dreams into reality:

Gro Saver Flex Pro example
Source: Income Insurance
Scenario Details
1. Mr. Lim Signs Up

Policy Year: 0

Mr. Lim, age 55, dreams of accumulating wealth for his 12-year-old daughter, Sophia.

He chooses Gro Saver Flex Pro with a sum assured of $30,000.

Mr. Lim opts for a single premium of $30,000 for a policy term extending until age 120.

2. Adding Sophia

Policy year: 5

After 5 years, when Sophia is 17 years old, Mr. Lim appoints her as the secondary insured.
3. Building Wealth

Policy Year: 15

When Sophia reaches the age of 27, the illustrated total cash value in the policy is $46,056.
4. Passing of Mr. Lim
Policy Year: 25
At age 80, Mr. Lim passes away, but the Gro Saver Flex Pro policy continues with Sophia as the insured.
5. Maturity Value
Policy Year: 65
Sophia survives until the end of the policy term at age 77.

The illustrated total maturity value is an impressive $387,505, which is equivalent to 12.92 times the premiums paid.

While this is a hypothetical scenario, it demonstrates how Gro Saver Flex Pro can help build wealth over time, providing financial security for loved ones.

Why Choose Income Gro Saver Flex Pro for Your Financial Goals?

So, why should you consider Income Gro Saver Flex Pro for your financial goals? Here are some compelling reasons:

  1. Tailored Financial Future: Customize it to your needs.
  2. Financial Security: Ensure your loved ones’ financial stability.
  3. Wealth Growth: Participate in the Life Participating Fund for potential long-term savings.
  4. Adaptability: Adjust your policy to life events.
  5. Continuity and Acceptance: Simplified application with secondary insured and guaranteed acceptance.
  6. Enhanced Protection: Explore additional riders for added peace of mind.


Income Gro Saver Flex Pro offers a unique blend of flexibility, protection, and potential for wealth accumulation. Whether you’re planning for your future or securing your loved ones’ financial well-being, this endowment plan has much to offer. With the ability to customize your policy, adapt to life’s changes, and enhance coverage with riders, it’s a versatile solution for individuals in Singapore seeking financial security and long-term growth.

Ready to Take the Next Step? Contact Us for Solutions

If you’re intrigued by the possibilities of Income Gro Saver Flex Pro or have questions about how it can fit your financial goals, don’t hesitate to reach out to us. Our experts are here to provide guidance and tailor a solution that aligns perfectly with your unique needs and aspirations. Your financial future starts with the right plan, and this plan might be the key to unlocking it.

Are you interested in an insurance savings plan offering a consistent income stream instead of a lump sum payout? Explore another plan from Income insurance— Gro Retire Flex Pro.

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