ePROTECT mortgage by Etiqa Insurance is designed to take care of your mortgage loan in the event you no lonnger can

ePROTECT mortgage

Ensure your loved ones will always enjoy the comfort of home. After all, home is where the heart is.

  • Features

    Simple solution to protect your responsibilities.

    ePROTECT mortgage is an affordable way to safeguard the home you have worked hard to build. Our mortgage reducing term policy provides comprehensive cover and is designed to take care of your mortgage loan in the event that you no longer can.

    ePROTECT mortgage ensures that your family will always have the place they call home.

    • Comprehensive cover
      • Receive a reducing lump sum benefit (based on your coverage and chosen interest rate) on death, total and permanent disability or terminal illness. When needed, we also provide cash advance for immediate funeral expense financial aid.
    • Tailored and affordable premiums to best suit your needs
      • Be protected up to age next birthday 75 with a choice of policy term between 6 to 40 years.
      • Choose your preferred interest rate from 1% to 4% depending on your mortgage loan interest.
    • Limited premium term
      • Pay premiums for only 90% of your policy term (round up), e.g. pay 27 years for 30 years of cover.

    Enhance your coverage with this rider for greater protection.

    • eXTRA secure waiver
      • Continue the policy without paying premiums if the life insured is diagnosed with a critical illness.
    How It Works

    Paul (age next birthday 35, non-smoker) recently bought his dream condominium with a $1 million loan from the bank. Paul insures this amount with a 30-year ePROTECT mortgage policy reducing at 3% interest rate. By paying just $1,060 yearly for 27 years, Paul is assured that his family can repay the bank loan in an unforeseen event.

    ePROTECT mortgage by Etiqa Insurance is designed to take care of your mortgage loan in the event you no longer can

    The example is for illustration purposes only.

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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 10 September 2015.