Top 3 aspirations Singaporeans have for retirement:
What Singaporeans feel they need for a good retirement:
Topmost services Singaporeans need for retirement:
Treatment for illnesses
Based on a 2020 YouGov survey commissioned by Etiqa.
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1Terms & Conditions apply.
Whatever retirement you envision for yourself, we’re here to help you achieve it.
The Amber Retirement Ecosystem caters to your physical, mental and financial health
allows you to actively pursue passions such as travelling
Body and mind go hand in hand, so staying physically fit and mentally active is important. As an Amber Member, you’ll have access to an extensive range of professional services and curated activities in the Amber Retirement Ecosystem. Simply search for what you need and schedule appointments on our self-service platform.
Our service providers in the Amber Retirement Ecosystem have been meticulously screened and selected for your convenience. You can enjoy these exclusive services at preferred rates.
Up to S$500 worth of GrabFood vouchers1
when you refer friends to sign up for AMBER
Enjoy your desired lifestyle once you stop working with Enrich retirement. It provides monthly retirement income, with the choice of level or inflated payouts.
Together with holistic benefits and the flexibility to tailor the payouts to your needs, it makes your retirement so much more fulfilling.
Receive monthly retirement income consisting of guaranteed and non-guaranteed payout for 10 or 20 years, starting 1 month after the policy anniversary upon reaching your selected retirement age.
LEVEL PAYOUT:Receive a fixed amount of monthly retirement income payout. The payout amount will remain constant throughout the income payout period.
INFLATED PAYOUT:Receive an increment of 2% p.a. of the monthly retirement income payment, starting from the second policy year of receiving the monthly payout. The inflated monthly payout amount will remain constant throughout the policy year, until the next increment.
If you prefer not to receive the monthly retirement income, you have the following options:
Deposit the monthly retirement income with Etiqa at a non-guaranteed interest rate and receive the lump sum payout at maturity.
Receive a partial lump sum through a partial surrender of the policy and receive a reduced monthly retirement income for 10 or 20 years, starting one month after the policy anniversary upon reaching your selected retirement age.
Receive a full lump sum through a full surrender of the policy.
Choose your preferred retirement age of 60 or 65, and your preferred premium term of 2, 5 or 10 years.
Your capital is guaranteed once you reach your selected retirement age.
Enjoy greater financial security with lump sum maturity benefit, in addition to your monthly retirement income.
1.66% p.a. based on the illustrated investment rates of return of 4.25% p.a. and 3.00% p.a. respectively; and a guaranteed return of up to 1.01% p.a. upon maturity.
This is based on the illustration of a male, age 30, paying annual premiums for 5 years and with the option to receive the level monthly retirement income at the retirement age of
65 for 20 years.
Age means the age at next birthday.
This policy is underwritten by Etiqa Insurance Pte. Ltd., a member of Maybank Group.
This brochure is published for general information only. It does not have any regard to the specific financial or investment objectives, financial situation and the particular needs of any specific person who may read this document and is not a contract of insurance. Full details of the policy terms and conditions can be found in the policy contract.
As buying a life insurance policy is a long-term commitment, an early termination of the policy usually involves high costs and the surrender value, if any, that is payable to you may be zero or less than the total premiums paid. You are recommended to read the Product Summary, Policy Illustration and policy document for the exact terms and conditions, specific details and exclusions applicable to this insurance product that can be obtained from any of our product distributors; and seek advice from a financial adviser before deciding whether to purchase the policy. In the event that you choose not to seek advice from a financial adviser, you should consider whether the policy is suitable for you and meets your needs in light of your objectives, financial situation and particular needs
This policy is protected under the Policy Owners’ Protection Scheme which is administered by the Singapore Deposit Insurance Corporation (SDIC). Coverage for your policy is automatic and no further action is required from you. For more information on the types of benefits that are covered under the scheme as well as the limits of coverage, where applicable, please contact us or visit the Life Insurance Association (LIA) or SDIC websites (www.lia.org.sg or www.sdic.org.sg).
This advertisement has not been reviewed by the Monetary Authority of Singapore.
Information is correct as at 1 July 2021.
Imagine you are preparing for retirement at age 60. At age 35, you invest in Enrich retirement. Based on your needs, you select the following options:
With these selections, you pay an annual premium of S$17,691.30.
1Based on an illustrated investment rate of return of 4.25% p.a.:
The scenario(s) are for illustration purposes only.
1The above illustrated values use bonus rates assuming an illustrated investment rate of return of 4.25% per annum. Assuming an illustrated investment rate of return of 3.00% per annum, for scenario 1, the monthly income received will be S$1,104.04, and the total benefits received at age 80 under the payout option and accumulate option will be S$309,431.60. For scenario 2, the total first monthly income received and the benefits received at age 75 will be S$1,100.16 and S$151,252.78 respectively. The two rates 3.00% per annum and 4.25% per annum are used purely for illustrative purposes and do not represent the upper and lower limits on the investment performance of the participating fund. As the bonus rates used for the benefits illustrated above are not guaranteed, the actual benefits payable will vary according to the future performance of the participating fund. Past performance is not necessarily indicative of the future performance.