eSAVE flexi (5pay10) presto
Capital guaranteed and guaranteed yearly cash benefits awaits you while you save!
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Policy Term
- 10 years
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Premium Term
- 5 years
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Product Type
- Endowment Plan
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Features
Be Rewarded with 8 Guaranteed Yearly Cash Benefit From The End of Year 2
Capital Guaranteed At Maturity
Limited Premium Commitment Period Of Only 5 Years
Maturity Benefit In One Lump Sum
Hassle-free Application
Death Protection Throughout The Policy Term
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.
- * 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.
Wonder 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.
Jason receives his guaranteed yearly cash benefits from end of year 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 & Forms
Important Notes:
Age means the age at next birthday.
This product is covered under PPF Scheme.
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.