eSAVE rewards presto

Savings made easier with guaranteed rewards.

Get guaranteed yearly cash benefits while you save!

 

eSAVE rewards presto is an 8-year insurance endowment plan that provides you with a guaranteed yearly cash benefit from the end of year 2.

    • Policy Term

    • 8 years

    • Premium Term

    • 8 years

    • Product Type

    • Endowment Plan

Features

Be Rewarded with 6 Guaranteed Yearly Cash Benefit From The End Of Year 2

 

Receive a guaranteed yearly cash benefit (starting from the end of year 2).

Short Premium Term Of Only 2 Years

 

Automatic Premium Benefit funds your premiums from the 3rd to 8th policy year.

Capital Guaranteed At Maturity

 

Your capital is fully guaranteed if you hold your policy to maturity and no alteration is made to the plan.

Maturity Benefit In One Lump Sum

 

A lump sum benefit consisting of a guaranteed and non-guaranteed amount will be paid out at the end of the policy term.

Hassle-free Application

 

No health checks required

Death Protection Throughout The Policy Term

 

Death protection offered throughout the policy term even while you receive your guaranteed yearly cash benefit.

Attractive Returns Upon Maturity

  • This plan can potentially provide returns of up to 2.72%* per annum upon maturity. This is based on the illustration that a male, age 40, takes up the policy with an annual premium of $10,010 and reinvests the cash benefits with us.
  • The example is for illustration purposes only and assumes a projected investment return of 4.30% per annum. Bonus rates are not guaranteed and will vary according to the future performance of the participating fund.

Here’s How It Works

Jason (age 40) plans to set aside $10,010 annually in saving for his mid-term goals, yet he wishes to remain flexible to enjoy occasional rewards or handle unexpected emergencies. He takes up an eSAVE rewards presto. When Jason reaches age 48, a lump sum will be ready for his mid-term goals.

Jason receives his guaranteed yearly cash benefits from end of year 2.

The scenario(s) above are for illustration purposes only.

*The above illustrated values use bonus rates assuming an illustrated investment rate of return of 4.30% per annum. Assuming an illustrated investment rate of return of 2.80% per annum, the total payout received from eSAVE rewards presto under Scenario 1 and 2 are S$21,149 and S$21,433 respectively. The two rates, 4.30% per annum and 2.80% per annum, are used purely for illustrative purposes and do not represent the upper and lower limits on the investment performance of the participating fund. As the bonus rates are not guaranteed, the actual benefits payable will vary according to the future performance of the participating fund. Past performance or any forecasts are not necessarily indicative of the future or likely performance of your participating policy.

Jason reinvests his 6 guaranteed yearly cash benefits with Etiqa at a non-guaranteed interest of 3% per annum.

The scenario(s) above are for illustration purposes only.

*The above illustrated values use bonus rates assuming an illustrated investment rate of return of 4.30% per annum. Assuming an illustrated investment rate of return of 2.80% per annum, the total payout received from eSAVE rewards presto under Scenario 1 and 2 are S$21,149 and S$21,433 respectively. The two rates, 4.30% per annum and 2.80% per annum, are used purely for illustrative purposes and do not represent the upper and lower limits on the investment performance of the participating fund. As the bonus rates are not guaranteed, the actual benefits payable will vary according to the future performance of the participating fund. Past performance or any forecasts are not necessarily indicative of the future or likely performance of your participating policy.

Downloads & Forms

Important Notes:

Age means the age at next birthday.

 

You should seek advice from a financial adviser before deciding to purchase the policy. If you choose not to seek advice, you should consider if the policy is suitable for you.

 

This policy is protected under the Policy Owners’ Protection Scheme which is administered by the Singapore Deposit Insurance Corporation (SDIC). Coverage for your policy is automatic and no further action is required from you. For more information on the types of benefits that are covered under the scheme as well as the limits of coverage, where applicable, please contact us or visit the Life Insurance Association (LIA) or SDIC websites (www.lia.org.sg or www.sdic.org.sg).​

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.

As buying a life insurance policy is a long-term commitment, an early termination of the policy usually involves high costs and the surrender value, if any, that is payable to you may be zero or less than the total premiums paid.​

 

This advertisement has not been reviewed by the Monetary Authority of Singapore.​

 

Information is correct as at 10 December 2018.

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