What is China Taiping i-Save plan?
i-Save is a 3-year Singapore-dollar denominated single premium non-participating endowment plan.
It pays out a guaranteed benefit at maturity and has a
Guaranteed yield of 2.18% p.a!
This plan requires no medical underwriting and is available for cash applications. Not SRS.
How much would you get?
Upon maturity, we will pay a lump sum amount equivalent to 106.69% of the single premium paid, less any indebtedness.
$100,000 invested will be $106,690 after 3years. Minimum investment is $20,000
Below is a snapshot per $10,000.
How does China Taiping i-Save compare?
Previous i-Save plan in Jan2020 was 2.28%. Indeed guaranteed rates are dropping.
But the 2.18% is still slightly better than the NTUC Income Capital Plus few weeks back.
Read article on NTUC Income Capital Plus | 2.13%p.a over here!
The latest May2020 issue of Singapore savings bond (SSB) is only 0.98%pa after 3y.
Hence, this plan offer is attractive and on a first come first serve basis.
How to apply? (Plus free coverage)
China taiping will offer you free COVID-19 coverage if you become a customer with this plan purchase.
There will be a simple non face-face application. To apply, drop an email to
email@example.com or click on the WhatsApp button today.
Last updated on May 28th, 2020 at 11:37 am