Security alert: Stay vigilant at all times and beware of phishing attacks. For more information, please read more on our Scam Advisory page.
x
 

Etiqa Insurance Singapore Launches Enrich Index Income that Combines Index-Linked Growth Potential with Capital Protection at Maturity

Home / News / Etiqa Insurance Singapore Launches Enrich Index Income that Combines Index-Linked Growth Potential with Capital Protection at Maturity
Share this page
Media Contacts

Shirley Tan

Etiqa Insurance Singapore

shirley.t@etiqa.com.sg

Back to newsroom

New endowment plan offers potential yearly cash benefits, downside resilience and access to the Barclays Regime-Aware Dynamic Asset Rotation (“Barclays RADAR”) 6% RC Indices.

Etiqa Insurance Singapore has launched Enrich Index Income, a new non-participating endowment plan, which provides dual benefits of insurance protection and index exposure with capital guaranteed at maturity, allowing one’s cash value to grow over the long term with peace of mind.

Customers can get non-guaranteed yearly cash benefits linked to the performance of the Barclays RADAR 6% RC SGD Index or Barclays RADAR 6% RC USD Index. Barclays RADAR 6% RC Index is an investment approach that diversifies allocation across U.S. equities, bonds and commodities, with dynamic adjustments to weather through changing market conditions. Customers can choose to receive the non-guaranteed yearly cash benefits as income or accumulate them through reinvestment to support longer term financial goals.

“Today’s investors are seeking solutions that can help them grow their wealth without exposing their savings to the full impact of market volatility. Enrich Index Income is designed for customers who want to participate in market opportunities while maintaining greater peace of mind through capital guaranteed at maturity. The flexibility to receive potential yearly cash benefits or reinvest them allows customers to enhance long term financial confidence, according to their financial goals and aspirations. This reflects our commitment to making financial planning simpler, more accessible and more relevant to the needs of modern investors” said Claudia Soh, acting CEO and CFO of Etiqa Insurance Singapore.

“Investors today are navigating an increasingly complex and rapidly changing market landscape. The Barclays RADAR 6% RC Index, available in both Singapore dollar and US dollar, is designed to simplify investing through an innovative, regime-aware framework that dynamically allocates across equities, bonds and commodities as market conditions evolve. By aiming to seek an optimal allocation for the prevailing market environment, the index aims to balance growth potential with risk management. We are pleased to leverage our expertise in index investing through our partnership with Etiqa Insurance Singapore, helping investors pursue their long-term financial goals with greater confidence.” said Stephane Goursat, Head of EQD Institutional Sales, Asia at Barclays.

Enrich Index Income enables customers to:

  • Participate in index-linked growth potential through Barclays RADAR 6% RC Index.
  • Receive potential non-guaranteed yearly cash benefits when the underlying index delivers positive performance.
  • Enjoy capital guaranteed at maturity to help protect customers’ principal over the policy term.
  • Benefit from a 0% floor rate, ensuring yearly cash benefits are never negative due to adverse market performance.
  • Have the flexibility to pay via a single premium or over three years.
  • Have the flexibility to receive yearly cash benefits as income or reinvest them to support long-term wealth accumulation.
  • Access protection benefits including death, accidental death and terminal illness coverage.
  • Purchase with no medical assessment required

Enrich Index Income is part of Etiqa Insurance Singapore’s robust suite of wealth, investment, protection, and legacy planning solutions designed to help customers accumulate wealth, protect health, and transfer legacy.

For more information, please visit https://www.etiqa.com.sg/personal/savings-retirement/enrich-index-income

Terms apply. Protected up to specified limits by SDIC.

About Etiqa Insurance Pte. Ltd (Etiqa Insurance Singapore)

Protecting customers since 1961, Etiqa Insurance Singapore is a licensed life and general insurance company regulated by the Monetary Authority of Singapore (MAS) and governed by the Insurance Act 1966.

The company is the Singapore operating entity of the Etiqa Insurance Group, one of ASEAN’s leading insurance and Takaful providers, offering life and general insurance as well as family and general Takaful products through its network of agents, branches, offices, and bancassurance network across the region.

Etiqa Insurance Singapore is rated ‘A’ by Fitch Ratings, reflecting the group’s favourable business profile and “Very Strong” capitalisation. The company is owned by Maybank, the fourth-largest banking group in Southeast Asia.

Share this page
Media Contacts

Shirley Tan

Etiqa Insurance Singapore

shirley.t@etiqa.com.sg

Back to newsroom
Thank you for your application. Congratulations on insuring your new home! Please note that this complimentary home insurance policy is only successfully incepted when you receive your Policy Schedule and Welcome Letter from us. If you’d like to stack a higher coverage for your new home and a greater peace of mind, purchase Tiq Home Insurance with an exclusive 25% off with TIQRENO promo code.

Marketing Consent Terms & Conditions

  1. I consent to Etiqa and its related, its agents, authorised service providers and marketing partners collecting, using, disclosing, and/or processing my personal data, in order to contact me about products and services marketed by Etiqa or its partners as well as benefits, promotions and rewards, via the modes mentioned or selected, and using my contact particulars which Etiqa may have in its records from time to time (including where applicable my Singapore telephone number(s));
  2. I confirm and agree that my consents granted herein do not supersede or replace any other consents which I may have previously provided to Etiqa in respect of my personal data, and are additional to any rights which Etiqa may have at law to collect, use or disclose my personal data, unless my consent is withdrawn and notified to Etiqa.
  3. I can choose to withdraw my consent by submitting the Marketing Withdrawal Form at www.etiqa.com.sg or email to customer.service@etiqa.com.sg.

Personal Data Protection Terms & Conditions

I expressly authorise and consent to Etiqa, its officers and employees at their sole discretion, to disclose any and all information relating to me, including my personal particulars, my transactions and dealings and my policies of insurance with Etiqa, to any of the following persons, whether in Singapore or elsewhere:

  1. Etiqa’s related corporations or affiliates;
  2. Any of Etiqa’s contractors or third party service providers;
  3. Any regulatory, supervisory or other authority, court of law, tribunal or person, in any jurisdiction, where such disclosure is required by law, regulation, judgement or order of court or order of any tribunal or as a matter of practice;
  4. Any actual or potential assignee(s) or transferee(s) of any rights and obligations of Etiqa under or relating to my policy or policies for any purpose connected with the proposed assignment or transfer; and
  5. Any credit bureau, insurer or representative, for such purpose(s) that Etiqa in its reasonable opinion considers appropriate including but not limited to the purpose(s) of underwriting, customer servicing, investigation of Etiqa’s representatives and monitoring undesirable sales practices.

Eligibility Conditions

  1. The Insured, also known as the Applicant / Proposer, must be a Singapore citizen, Permanent Resident of Singapore or foreigner with a valid Work Pass, Student Pass, Dependant’s Pass or Long-Term Visit Pass.
  2. The Applicant/Proposer must be at least 18 years of age.
  3. For more information, please view our Policy Wording

Thanks for your interest.

Our Assurance Manager will reach out to you within 2 working days to assist you further.