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Highly anticipated EASY save series by Etiqa reinvigorates the market with higher guaranteed returns and industry-first online DDA service

Home / News / Highly anticipated EASY save series by Etiqa reinvigorates the market with higher guaranteed returns and industry-first online DDA service
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Audrey Liu
Manager, Brand and Communications
Etiqa Insurance Pte. Ltd.
Tel: 6690 4309
Email: audrey.l@etiqa.com.sg

Singapore, 25 July 2018 –Etiqa Insurance has relaunched its popular online insurance savings solution EASY save series with its highest guaranteed returns for eEASY save to date. Customers can now gain higher guaranteed returns for eEASY save at 2.46% per annuman increase from its previous tranche at 2.23% p.a. The pioneer in online insurance savings plans also took the lead for immediate online Direct Debit Authorisation (DDA) service, which simplifies and speeds up the payment process for customers, offering greater convenience.

Recognised for its competitive returns, the EASY save series is designed to tailor to the customer’s appetite, savings horizon and aspirations. Customers can select a participating or non-participating insurance plan, its premium size, and tenure based on their preferences.

eEASY save –  non-participating plan
Customers can benefit from high guaranteed returns of 2.46% per annum over a policy term of 6 years. eEASY savepro – participating plan
Customers can yield higher potential returns of up to 3.26% per annum over a policy term of 7 years.

No stranger to leading digital innovations in the insurance market, Etiqa is collaborating with DBS once again, to be the first to introduce speedy online DDA service to their customers. This new service enables customers to make immediate premium payment via Etiqa’s web portal. In addition to easy application and instant status updates, there is also an option to set up a renewal premium payment via GIRO.

“As a digital-first insurer, Etiqa strives to stay at the forefront with new technologies to better serve our customers. We are proud to be the first insurer in Singapore to launch the immediate online DDA service, as this will help our customers to eliminate painful paperwork and save time during their savings journey,” said Sue Chi Kong, Chief Executive Officer of Etiqa Insurance Pte. Ltd. Earlier in the year, Etiqa was the first insurer to launch PayNow, enabling customers to make instant claims and encashment.

The relaunch of EASY save series came shortly after Etiqa’s recent win of the ‘Marketing Initiative of the Year – Singapore’ Award at the Insurance Asia Awards 2018. Etiqa is honoured for its innovative ‘No Pain Just Gains’ marketing campaign, which presented wealth-lifting through Singapore’s first online insurance savings plans – eEASY save and eEASY savepro – that can be easily done in a few clicks, as opposed to weight-lifting that requires great effort.

“We are delighted to receive the award, as it affirms the team’s effort to develop, execute and deliver effective solutions to our customers in an impactful manner,” said Dennis Liu, Head of Business Transformation and Technology of Etiqa Insurance Singapore. “We wanted to connect with tech-savvy audience that will appreciate smart ways to accumulate wealth. Our direct and online business model was formed with our customers in mind, and determined our marketing efforts, which was largely focused on digital marketing.”

As of 23 July 2018, the popular EASY save series is back with higher guaranteed returns and attractive upfront premium discounts. Interested parties can purchase online with ease – a quote can be generated in a few simple steps and approval is immediate.

For more information, please visit http://po.st/gVFBIH.

Etiqa Insurance – A Singapore Insurance Company with Asian and International Expertise

Etiqa Insurance Pte. Ltd. is a licensed life and general insurance company registered in the Republic of Singapore and regulated by the Monetary Authority of Singapore (MAS). In July 2017, Fitch affirmed the company’s “A-” rating for its financial strength and stable outlook.

Etiqa has been protecting Singaporeans since 1961 with a range of general insurance solutions that constantly evolve to meet their ever-changing needs. As the appointed insurer for the Housing Development Board (HDB) Fire Insurance Scheme in Singapore, we have been protecting homes since 2009. In August 2014, we added a comprehensive suite of life insurance solutions to our stable of products.

Etiqa is owned by Maybank Ageas Holdings Berhad, a joint venture company that combines local market knowledge with international insurance expertise. The company is 69% owned by Maybank, one of Asia’s leading banking groups with more than 22 million customers worldwide in 20 countries; and 31% by Ageas, an international insurance group with 33 million customers across 16 countries and a heritage that spans over 180 years, with a focus to provide world class insurance solutions to consumers in Europe and Asia through market leading joint ventures.

At Etiqa, we believe in our brand promise of humanising insurance, by placing people over policies in everything we do. We are passionate about helping Singaporeans protect themselves and their loved ones today and helping them plan for a financially secure tomorrow.

Share this page
Media Contacts

Audrey Liu
Manager, Brand and Communications
Etiqa Insurance Pte. Ltd.
Tel: 6690 4309
Email: audrey.l@etiqa.com.sg

Thank you for your application. Congratulations on insuring your new home! Please note that this complimentary home insurance policy is only successfully incepted when you receive your Policy Schedule and Welcome Letter from us. If you’d like to stack a higher coverage for your new home and a greater peace of mind, purchase Tiq Home Insurance with an exclusive 25% off with TIQRENO promo code.

Marketing Consent Terms & Conditions

  1. I consent to Etiqa and its related, its agents, authorised service providers and marketing partners collecting, using, disclosing, and/or processing my personal data, in order to contact me about products and services marketed by Etiqa or its partners as well as benefits, promotions and rewards, via the modes mentioned or selected, and using my contact particulars which Etiqa may have in its records from time to time (including where applicable my Singapore telephone number(s));
  2. I confirm and agree that my consents granted herein do not supersede or replace any other consents which I may have previously provided to Etiqa in respect of my personal data, and are additional to any rights which Etiqa may have at law to collect, use or disclose my personal data, unless my consent is withdrawn and notified to Etiqa.
  3. I can choose to withdraw my consent by submitting the Marketing Withdrawal Form at www.etiqa.com.sg or email to customer.service@etiqa.com.sg.

Personal Data Protection Terms & Conditions

I expressly authorise and consent to Etiqa, its officers and employees at their sole discretion, to disclose any and all information relating to me, including my personal particulars, my transactions and dealings and my policies of insurance with Etiqa, to any of the following persons, whether in Singapore or elsewhere:

  1. Etiqa’s related corporations or affiliates;
  2. Any of Etiqa’s contractors or third party service providers;
  3. Any regulatory, supervisory or other authority, court of law, tribunal or person, in any jurisdiction, where such disclosure is required by law, regulation, judgement or order of court or order of any tribunal or as a matter of practice;
  4. Any actual or potential assignee(s) or transferee(s) of any rights and obligations of Etiqa under or relating to my policy or policies for any purpose connected with the proposed assignment or transfer; and
  5. Any credit bureau, insurer or representative, for such purpose(s) that Etiqa in its reasonable opinion considers appropriate including but not limited to the purpose(s) of underwriting, customer servicing, investigation of Etiqa’s representatives and monitoring undesirable sales practices.

Eligibility Conditions

  1. The Insured, also known as the Applicant / Proposer, must be a Singapore citizen, Permanent Resident of Singapore or foreigner with a valid Work Pass, Student Pass, Dependant’s Pass or Long-Term Visit Pass.
  2. The Applicant/Proposer must be at least 18 years of age.
  3. For more information, please view our Policy Wording

Thanks for your interest.

Our Assurance Manager will reach out to you within 2 working days to assist you further.