Enrich harvest

Vans Vans

Enrich harvest


Boost your savings with high crediting rates and short lock in period

Enrich harvest is a non-participating life insurance savings plan in SGD covering the life insured in age 100. Choose to save between S$30,000 to S$200,000 yearly for 2 years.

Policy Term

To age 100

Premium Term

2 years
(or enjoy 3% discount on the first year premium when you make an upfront payment for both years)

Product Type

Life Insurance
Savings Plan

Features

  • High crediting rates
    Enjoy guaranteed 2.68% p.a. crediting rate for the first 6 years to optimise your savings and achieve money goals
  • Short lock in period
  • Make full withdrawal at end of year 6 without charges, or continue savings at prevailing market rates
  • Loyalty bonus
  • A non-guaranteed loyalty bonus, equivalent to 0.6% of the account value will be paid at the end of year and at every 6 policy year interval as long as no partial withdrawal has been made before
  • Free partial withdrawal benefit1
  • During the first 6 years from policy issue date, you may perform withdrawal(s) without any partial withdrawal charge under certain circumstances
  • Death benefit
  • At 101% of account value
  • Hassle-free application
  • Health checks are not required with this guaranteed issuance plan. Available to 17-75 age next birthday

How it works

Choose between 2 yearly payments, or lump sum premium payment.

The scenario(s) above are for illustration purpose only.
2The illustration above is based on the current crediting rate of 2.68% p.a. and changes prevailing at the date of this illustration. Based on the assumption where the illustration for the first 6 years have taken into account the fixed and guaranteed crediting rate of 2.68% p.a. and for the subsequent years will be guaranteed at 0.00% p.a., end of year 6 account value without loyalty bonus = S$114,849, end of year 10 account value = S$114,964. The actual crediting rate applicable to your policy may be different to those shown in the illustrations, which are purely illustrative. The actual rates may be higher or lower depending on future investment performance. The information is for illustration purpose only and is without regard to the specific objectives, financial situation and needs of any particular person who may view it. The total illustrated yields of 2.66% p.a.(for 2 year premium payment) and 2.69% p.a. (for lump sum premium payment) at end of year 6 is inclusive of the required 1.2% of first-year premium charge.

No. of years from policy
commencement date
Surrender charge / partial withdrawal charge
(% of amount withdrawn from account value)
180.0%
270.0%
310.0%
45.0%
54.2%
60.1%
7 and above0%


Note: Surrender/ partial withdrawal charge will be based on amount withdrawn from account value e.g. partial withdrawal of S$10,000 at year 1 would incur a charge of S$8,000.

1Free partial withdrawal benefit

During the first 6 years from policy issue, may perform partial withdrawal(s) without any charge under the following circumstances:

if You or Your spouse is certified by a Doctor to:
(a) be physically or mentally incapacitated from ever continuing in any employment;
(b) have a severely impaired life expectancy;
(c) lack capacity within the meaning of Section 4 of the Mental Capacity Act (MCA)and the lack of capacity is likely to be permanent; or
(d) be diagnosed with Terminal illness

You can exercise this benefits subject to the following conditions:
(a) Any of the above-specified event has to occur after the Policy issue date or latest Reinstatement date;
(b) The maximum partial withdrawal amount is the lower of S$50,000 or 50% of the total Regular premiums paid (not including Premiums paid in advance); and
(c) this benefits can only be exercised once throughout the policy terms.
The scenario(s) above are for illustration purpose only.
2The illustration above is based on the current crediting rate of 2.68% p.a. and changes prevailing at the date of this illustration. Based on the assumption where the illustration for the first 6 years have taken into account the fixed and guaranteed crediting rate of 2.68% p.a. and for the subsequent years will be guaranteed at 0.00% p.a., end of year 6 account value without loyalty bonus = S$114,849, end of year 10 account value = S$114,964. The actual crediting rate applicable to your policy may be different to those shown in the illustrations, which are purely illustrative. The actual rates may be higher or lower depending on future investment performance. The information is for illustration purpose only and is without regard to the specific objectives, financial situation and needs of any particular person who may view it. The total illustrated yields of 2.66% p.a.(for 2 year premium payment) and 2.69% p.a. (for lump sum premium payment) at end of year 6 is inclusive of the required 1.2% of first-year premium charge.

No. of years from policy
commencement date
Surrender charge / partial withdrawal charge
(% of amount withdrawn from account value)
180.0%
270.0%
310.0%
45.0%
54.2%
60.1%
7 and above0%


Note: Surrender/ partial withdrawal charge will be based on amount withdrawn from account value e.g. partial withdrawal of S$10,000 at year 1 would incur a charge of S$8,000.

1Free partial withdrawal benefit

During the first 6 years from policy issue, may perform partial withdrawal(s) without any charge under the following circumstances:

if You or Your spouse is certified by a Doctor to:
(a) be physically or mentally incapacitated from ever continuing in any employment;
(b) have a severely impaired life expectancy;
(c) lack capacity within the meaning of Section 4 of the Mental Capacity Act (MCA)and the lack of capacity is likely to be permanent; or
(d) be diagnosed with Terminal illness

You can exercise this benefits subject to the following conditions:
(a) Any of the above-specified event has to occur after the Policy issue date or latest Reinstatement date;
(b) The maximum partial withdrawal amount is the lower of S$50,000 or 50% of the total Regular premiums paid (not including Premiums paid in advance); and
(c) this benefits can only be exercised once throughout the policy terms.
Important Notes:

Age means the age at next birthday.

This policy is underwritten by Etiqa Insurance Pte. Ltd. This content is for reference only 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 cost and the surrender value, if any , that is payable to you may be zero or less than the total premium paid. You should seek advice from a financial adviser before deciding to purchase the policy. if you choose not seek advice, you should consider if the policy is suitable for you. The information contained on this product advertisement is intended to be valid in Singapore only and shall not be construed as an offer to sell or solicitation to buy or provision of any insurance product outside Singapore.

This policy is protected under the Policy Owner's 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 ads limits of coverage, where applicable, please contact us or visit the Life Insurance Association(LIA) ir 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 of 15 June 2020.