eSAVE flexi (5pay10) presto
Capital guaranteed and guaranteed yearly cash benefits awaits you while you save!
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Features
eSAVE flexi (5pay10) presto is a 10-year savings plan that provides you with a guaranteed yearly cash benefit from the end of year 2. Be rewarded with attractive returns when your policy matures. Most importantly, your capital is fully guaranteed at maturity as well!
- Enjoy 8 guaranteed yearly cash benefits
- You will receive a guaranteed yearly cash benefit starting from the end of year 2. You may also choose to reinvest the cash benefits with us at a non-guaranteed interest of 3% per annum.
- Capital guaranteed at maturity
- Your capital is fully guaranteed when you hold your policy to maturity.
- Lump sum maturity benefit
- A lump sum benefit consisting of a guaranteed and a non-guaranteed amount will be payable upon maturity.
- Attractive returns upon maturity
- This plan can potentially provide returns of up to 2.85%* per annum upon maturity. This is based on the illustration that a male non-smoker, age 30, takes up the policy with an annual premium of $10,000 and reinvests his guaranteed yearly cash benefit with Etiqa.
- Hassle-free application
- No health checks required. We guarantee policy issuance.
- Death protection throughout the policy term
- This plan offers death protection throughout the policy term even as you receive your guaranteed yearly cash benefit.
* The example is 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. The illustration under projected investment return of 4.75% per annum assumes that the yearly cash benefit accumulates at 3% per annum. This interest rate is not guaranteed and is subject to change.
How It Works
Jason (age next birthday 30, non-smoker) plans to set aside $10,000 annually to save for his mid-term goals. However, he wishes to remain flexible to enjoy occasional rewards or to deal with unexpected emergencies. He takes up an eSAVE flexi (5pay10) presto policy. When Jason reaches age 40, a lump sum will be ready for his mid-term goals.
Scenario 1:
Jason receives his guaranteed yearly cash benefits from end of year 2.
Scenario 2:
Jason reinvests his 8 guaranteed yearly cash benefits with Etiqa at a non-guaranteed interest of 3% per annum.
* The example is 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. The illustration under projected investment return of 4.75% per annum assumes that the yearly cash benefit accumulates at 3% per annum. This interest rate is not guaranteed and is subject to change.
Downloads
- Enjoy 8 guaranteed yearly cash benefits
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How To Buy
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 26 May 2016.