Insurance Policy Review.. when do you need one? So you are moving into a new apartment, just got married,…
We’re all about helping you achieve your financial dreams, so we want to make sure you understand how this long-term investment product works. Here’s a quick breakdown of what you can expect from a TM Atlas Wealth ILP Policy:
It’s an investment product that pays dividends or grows over time—you invest now and get rewarded later.
With TM Atlas Wealth, you’ll have more money to invest from day one, because 100% of your regular premium is allocated to purchase units with (versus upfront fee charges by some other providers).
You’ll also receive initial bonuses for 5 years (plus yearly loyalty bonuses after that), which means you’re earning interest faster than if you were investing in any other way!
The TM Atlas Wealth ILP sub-funds allow you to access funds from some of the world’s leading fund managers. Your portfolio can be crafted to match your risk profile, and access funds not normally available to individual investors.
Some funds, called “Accredited Investor” (AI) funds, are made available to non-accredited investors. This is good news for those who would like to invest in such funds because they may generate higher returns than other types of funds.
TM Atlas Wealth has many attractive features, including: the choice of coverage and currency investment; an initial bonus; a loyalty bonus; premium payment terms (5 to 25 years); partial withdrawal options; and easy application.
Essentially, if you invest SGD 2,500 a month with a premium payment term of 20 years, your investment only needs to grow 1.38% a year to cover the product charges before you start earning returns on your TM Atlas Wealth investment policy.
For the Main Policy of TM Atlas Wealth , you can choose between two Death Benefits.
Choice of coverage: Basic or Advanced Death Benefit
Additional Protection Riders are available with TM Atlas Wealth. They are:
If you are looking for a flexible investment offering exposure to multiple currencies, this product could be the right one for you.
Illustration on TM Atlas Wealth
Joan is 30 years old, and she signs up for TM Atlas Wealth to invest monthly for 20 years. In case her needs change along the way, TM Atlas Wealth provides Joan with lots of flexibility:
This product is suitable if you want:
✔ To consider a limited pay investment-linked policy that offers exposure to multiple currencies.
✔ To diversify your portfolio by investing in a range of sub-funds under TM Atlas Wealth
✔ Flexibility and choice.
This product is not suitable for those who want:
✖ Guaranteed returns.
✖ A single-premium plan.
✖ High insurance coverage.
The TM Atlas Wealth plan is not designed to provide guaranteed returns or a single-premium option. It has a low insurance protection, which may not be suitable for those who want high income protection.
The TM Atlas Wealth offers a range of features and benefits that meet your long-term investment needs. These benefits are accompanied by drawbacks, which you should consider before deciding on a policy. As you plan for the future, do note that this kind of policy does not provide guaranteed returns if you terminate it before maturity. Returns depend on market conditions, so it’s advisable to seek clarification from your agent or financial advisor before choosing one. Keep in mind the various charges associated with these policies before taking out such products.
“The best time to plant a tree was 20 years ago. The second best time is now.”
– Chinese proverb
Here is what we can help you with
Our MAS-Licensed Partner will provide you with objective advice and help you compare TM Atlas Wealth with insurance quotes from different providers—100% Free & No Commitment. Retrieve your info using your Singpass App or Manually fill in the forms below.