What are the potential yearly cash benefits in the new plan?

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Potential Yearly Cash Benefits in the New Plan

The Enrich Index Income plan offers potential non-guaranteed yearly cash benefits. These benefits are directly tied to the performance of either the Barclays RADAR 6% RC SGD Index or the Barclays RADAR 6% RC USD Index. Customers have the flexibility to choose between receiving these cash benefits as regular income or reinvesting them within the plan to support long-term financial objectives.
Linkage to Underlying Index Performance

The potential yearly cash benefits provided by Enrich Index Income are contingent upon the performance of the selected Barclays RADAR 6% RC Index. This index employs a dynamic allocation strategy across U.S. equities, bonds, and commodities, with adjustments made to navigate evolving market conditions. A key feature is that these cash benefits are only generated when the underlying index demonstrates positive performance, and they are subject to a 0% floor rate, meaning they will not become negative due to adverse market movements.
Customer Options for Cash Benefits

Policyholders of Enrich Index Income are presented with distinct choices regarding their potential yearly cash benefits. They can opt to receive these payouts directly, which can serve as a supplementary income stream. Alternatively, customers can elect to reinvest these benefits back into the plan. This reinvestment strategy allows for the accumulation of value over time, potentially enhancing long-term wealth accumulation and contributing to broader financial goals.
Non-Guaranteed Nature of Benefits

It is important to note that the yearly cash benefits offered by Enrich Index Income are explicitly described as non-guaranteed. This classification underscores that the actual amount, or even the existence, of these benefits in any given year depends on the fluctuating performance of the underlying Barclays RADAR 6% RC Index. While the plan offers capital guaranteed at maturity, the interim cash payouts are not assured and are subject to market dynamics.

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What are the potential yearly cash benefits in the new plan?

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