Life

ePROTECT lifetime by Etiqa Insurance is a life insurance & retirement planning that protects you for a lifetime

ePROTECT lifetime

Enjoy lifetime protection plus retirement benefit. Peace of mind, for a lifetime.

  • Features

    Be protected for as long as you live, plus enjoy security for retirement. You can do that with ePROTECT lifetime. It provides you with protection for life, with a guaranteed death benefit of up to 3 times the sum insured before the policy anniversary at age 65.

    • High protection coverage
      • You are assured a guaranteed death benefit of up to 3 times the sum insured in the event of death, Terminal Illness (TI) or Total & Permanent Disability (TPD), before the policy anniversary at age 65.
    • Retirement benefit
      • Receive a non-guaranteed lump sum benefit at age 65.
    • Lifetime protection
      • Enjoy continuous protection even after receiving your retirement benefit.
    • Limited premium commitment period
      • You only need to pay your premiums for 15 years to enjoy coverage for as long as you live.
    • Guaranteed insurability benefit
      • Option to increase coverage at certain life stages without the hassle of health checks.

    Enhance your protection with these riders for even greater protection:

    • eXTRA multiplier
      • Boost your protection of ePROTECT lifetime to 5 times the sum insured before the policy anniversary at age 65.
    • eXTRA secure (limited pay)
      • Get advance payment if you are diagnosed with any of the covered critical illnesses before the policy anniversary at age 65.
    • eXTRA secure waiver
      • Continue your policy without paying premiums if you are diagnosed with any of the covered critical illnesses.
    • eXTRA payer waiver
      • Continue your policy without paying premiums until the life insured reaches age 25, in the event of the payer’s death, diagnosis of TPD, or any of the covered critical illnesses.
    How it Works

    Example 1

    ePROTECT lifetime

    Mr and Mrs Lee just had their first son, Peter (age 1). They plan to start saving for his future. With ePROTECT lifetime of sum insured of $100,000, they set aside $1,697 annually for 15 years.

    Before the policy anniversary when Peter reaches age 65, he is guaranteed a death benefit of $300,000 (3 times the sum insured) in the event of death, TI or TPD. The death benefit payable is the sum insured with its attaching bonuses or $300,000, whichever is higher.

    When Peter reaches age 65, he will receive a non-guaranteed lump sum retirement benefit of $136,183*, after which he will continue to be covered for $100,000 (basic sum insured) for life in the event of death, TI or TPD (before reaching age 71).

    ePROTECT lifetime by Etiqa Insurance is a life insurance & retirement planning that protects you for a lifetime

    Example 2

    ePROTECT lifetime, eXTRA multiplier and eXTRA secure (limited pay)

    Mark (age 30, non-smoker) is looking for a plan that offers lifetime protection and retirement benefit. With ePROTECT lifetime of sum insured of $100,000, eXTRA multiplier and eXTRA secure (limited pay) riders, he sets aside $6,259 annually for 15 years.

    Before the policy anniversary when Mark reaches age 65, he is guaranteed a death benefit of $500,000 (5 times the sum insured) in the event of death, TI, TPD or diagnosis of any of the covered critical illnesses. The death benefit payable is the sum insured with its attaching bonuses or $500,000, whichever is higher.

    When he reaches age 65, he will receive a non-guaranteed lump sum retirement benefit of $60,284*, after which he will continue to be covered for $100,000 (basic sum insured) for life in the event of death, TI or TPD (before reaching age 71).

    ePROTECT lifetime by Etiqa Insurance is a life insurance & retirement planning that protects you for a lifetime

    * Both examples are for illustration purposes only and assumes a projected investment return of 4.75% per annum. Bonus rates are not guaranteed and will vary according to the future performance of the participating fund.

    Age means the age at next birthday.

    Downloads

This product is covered under PPF Scheme.

Important Notes:

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.

Buying a life insurance policy is a long-term commitment. Early termination of the policy usually involves high costs and the surrender value (if any) may be less than the total premium paid.

Information is correct as at 8 October 2015.