Tokio Marine TM #goTreasures Investment-Linked Policy (ILP) Review

Tokio Marine TM #goTreasures Investment-Linked Policy (ILP)
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Last Updated on by Tree of Wealth

The TM (Tokio Marine) #goTreasures is an Investment-Linked Policy that has opportunities to invest in a huge array of good and stable funds. It is versatile and with no charges for withdrawal, fund switching as well as premium holidays,  you can be sure that this Investment-linked policy maximises your investing strategies as well as suiting your time horizon.

Capital is guaranteed upon death and you are able to change the life assured should the need arise, to protect your investment.

Features At a Glance for TM #goTreasures

High Flexibility – No Hidden Charges

  • No charges on partial cash withdrawals, very flexible
  • Unlimited premium holidays should you need to pause premiums, after first 24 months
  • No charges for Premium Holiday
  • No charges on Fund Swithing
  • Able to top up premiums should you want to take advantage of the market
  • 5 major currency choices should you prefer to invest in various currencies: SGD / AUD / GBP / USD / EUR

Wealth Bonuses

There is a premium term for the plan, should you want to take advantage of the market situation, grow your policy’s wealth value by topping up your plan or switching funds (no charges). 

Competitive Break-even Yield

Monthly Premium (S$) Premium Payment Term (Years)
10 15 20 25 30
300* – 999 2.20% 1.55% 1.20% 0.87% 0.73%
1,000 – 1,999 2.05% 1.51% 1.15% 0.85% 0.72%
2,000 – 2,999 1.94% 1.45% 1.13% 0.81% 0.70%
3,000 – 3,999 1.76% 1.39% 1.12% 0.81% 0.70%
4,000 and above 1.65% 1.35% 1.10% 0.80% 0.70%

The above figures exclude any fund management charges by the fund houses on the individual funds. The actual charge applicable will depend upon the selection of funds you invest in. This is also further assumed that the premium payment is on annual mode, all premiums due.

* For premium payment term of 10 -19 years, the minimum monthly premium is S$500.

Source: Tokio Marine

Initial Bonus

  • Start your investment with an Initial Bonus of up to 186% over the first 3 years, as well as high Loyalty Bonuses of up to 1.2% annually.
  • Choose from a huge range of funds, including equities and dividend paying funds, which allows you to create yet another stream of income.
  • 100% of your premiums go into investing

Interested to learn more?

Fill in the form below and we will get back to you!

Initial Bonus Rate (Per Annum)

(% of annualised regular premium)

Monthly Premium (S$) Premium Payment Term (Years)
10 – 14 15 – 19 20 – 24 25 26 27 28 29 30
300* – 999 14% 18% 22% 26% 27% 28% 29% 30% 30%
1,000 – 1,999 18% 21% 32% 36% 37% 38% 39% 40% 40%
2,000 – 2,999 21% 26% 37% 53% 54% 55% 56% 57% 57%
3,000 – 3,999 26% 31% 39% 55% 56% 57% 58% 59% 59%
4,000 and above 29% 34% 42% 58% 59% 60% 61% 62% 62%

* For premium payment term of 10 -19 years, the minimum monthly premium is S$500.

** Initial Bonus is only payable upon the receipt of each regular premium over 1st 3 policy years.

Source: Tokio Marine

Loyalty Bonus

High loyalty bonus of up to 1.2% annually:

  • 55% per annum from end of policy years 4 -10
  • 0.5% / 1.2% per annum from end of policy years 11 onwards
  • Varies on the premium payment term
Loyalty Bonus Rate Per Annum

(% of Accumulation Units Account value

Premium Payment Term
 

10 to 20 years

 

21 to 30 years

End of policy years 4 to 10 0.55% 0.55%
End of policy years 11 onwards 1.05% 1.20%

Source: Tokio Marine

Dividend Payout Feature

Have the option to build additional income streams from dividend-paying funds! With the huge range of retail and accredited investor funds, there are dividend paying funds that have this feature. Tokio Marine’s #goTreasure will be able to have the Dividend payable to receive in cash.

Interested to learn more?

Fill in the form below and we will get back to you!

Fees and Charges

Initial Charge 5.4% p.a. of prevailing Initial Unit Account value
Policy Charge 1.50% p.a. of prevailing policy value
Premium Charge for Recurring Single Premium (RSP) and Top-Up Premium 5% of each RSP and/or top-up premium
Monthly Protection Charge Applicable for Advanced Death Benefit option only. Calculated based on sum at risk.
Partial Withdrawal Charge Nil
Change in Policy Currency Charge Nil
Credit Card Charge Waived for first premium payment. For subsequent premium payments via credit card, a 1.60% charge will be imposed on each premium paid.
Fund Management Charge Depends on the chosen investment fund
Fund Switching Charge Nil
Surrender Charge Applicable at any time prior to the end of the premium term.

Source: Tokio Marine

Premium Term

  • Choose from a premium term between 10 to 30 years, odd years like 13, 17 years are available.
  • This functions adds on and makes your investment journey even more flexible.

Protection

  • Choose between Advanced Death Benefit or Basic Death Benefit
  • Protect your investments – Capital is guaranteed should death occur during the premium paying term
  • Life Assured Protection – Change the life assured should there it be required, when the need arises.

Access to Best-In-Class ILP Funds

Choose from a good range of pure investment funds for retail investors to accredited investor funds.

For a comprehensive list of funds, have a look here: Fund List

100% Unit Allocation

  • Starting from the moment you input the regular premium, 100% of it will be allocation to purchase of units. Unlike traditional ILPs where the first 5 years are usually less than 100% for units allocation (first 3 years less than 30% to 50% allocation) as they go into admin expenses and agent’s commissions.
  • Your investment is complemented and enhanced with the initial start-up bonus as well as ongoing loyalty bonuses

How Tokio Marine TM #goTreasures Investment-Linked Policy (ILP) Works

Tokio Marine TM #goTreasures Investment-Linked Policy

Tokio Marine TM #goTreasures Investment-Linked Policy
source: Tokio Marine

Why We Like Tokio Marine TM #goTreasures Investment-Linked Policy (ILP)

  • Low Breakeven Yield for the 20th year onwards and its more flexible
  • Minimum $300/mth SGD to start
  • Flexible and Low Commitment 
  • Wide Range of Entry Age
    • Entry Age (age next birthday) Life Assured: 1 month old – up to age 70
    • Policy Owner (Assured): Age 19 – 70
  • Multiple Lives Application
    • Up to 2 Policy Owners (Assured) and 4 Lives Assured
  • Flexible Premium Payment Term
    • Choose between 10 – 30 years 
  • 100% Unit Allocation
    • Starting from the moment you input the regular premium, 100% of it will be allocation to purchase of units. Unlike traditional ILPs where the first 5 years are usually less than 100% for units allocation (first 3 years less than 30% to 50% allocation) as they go into admin expenses and agent’s commissions.
    • Your investment is complemented and enhanced with the initial start-up bonus as well as ongoing loyalty bonuses
    • Unlimited premium holidays available, after the first 24 months whenever you need them
  • No penalty for partial withdrawals is a big flexibility and help in building your investment journey
  • Protect your investments – Capital is guaranteed should death occur during the premium paying term
  • Plan is guaranteed to be Issued. No medical questions, examinations and no medical underwriting
  • Access to a Range of Good Funds
    • Not sub funds managed by insurer but pure investment funds that are invested by retail investors as well as accredited investors.

Interested to learn more?

Fill in the form below and we will get back to you!

The Tokio Marine #goTreasure is Suitable If You Want  

  • Access to a range of strong retail funds as well as accredited investors funds
  • High flexibility to your investments
  • Wide range of choices for currency to invest
  • High Start-up bonus to complement your investment journey
  • Good investment tool to leave behind your legacy
  • Able to invest in multi-currency

The Tokio Marine #goTreasure is Not Suitable If You Want  

  • Returns that are guaranteed
  • High protection coverage for death, TPD and Critical Illness
  • Single Premium Investment

Conclusion for TM #goTreasures

We hope the analysis helps you in understanding the pros and cons of the Tokio Marine #goTreasure ILP.

As with all plans, Endowment, Whole life protection and Term plans, all Investment-Linked Policies have their own advantages and disadvantages. We recommend that all individuals choose their savings plans keeping in mind their objectives and liquidity needs to ensure they get the best possible value.

Are you considering investing in an ILP? Let us do the homework and help you compare across the different retirement plans in the market to save you time. Drop us an inquiry below and our professional experienced licensed FA advisor will get in touch with you shortly upon your request.

Our financial consultants will use your input and preferences to draft proposals for you. Your information provided will only be used for communication.

All the comparisons will be done according to your needs to get you the best retirement plan.

Fill in the form below and our friendly licensed FA advisor will get in touch with you. Based on your needs, a custom made solution will be adjusted only addressing your concerns.

 

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