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Etiqa’s EASY save series relaunches with high guaranteed crediting rate of 2.68% p.a.

Home / News / Etiqa’s EASY save series relaunches with high guaranteed crediting rate of 2.68% p.a.
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Audrey Liu
Manager, Brand and Communications
Etiqa Insurance Pte. Ltd.
Tel: 6690 4309
Email: audrey.l@etiqa.com.sg

FOR IMMEDIATE RELEASE

Etiqa’s EASY save online insurance savings series relaunches with high guaranteed crediting rate of 2.68% p.a.

Singapore, 8 August 2019 – EASY save series by Etiqa Insurance is back by popular demand. Amid slowing market growth, the pioneer in online insurance savings plans continues to offer competitive returns with eEASY save V at a high guaranteed crediting rate of 2.68% p.a. and eEASY savepro featuring illustrated returns of up to 4.07% p.a1.

Since its debut in 2017, EASY save series is designed to tailor to the customer’s appetite, savings horizon and aspirations. Sue Chi Kong, Chief Executive Officer of Etiqa Insurance Pte. Ltd. said, “We are humbled by the demand for our award-winning EASY save series and we are constantly enhancing our offerings to meet the evolving needs of the modern day consumer. With our competitive crediting rates and added features, we hope more people will be able to benefit from our products.”

For the financially savvy, eEASY save V is a non-participating plan with enhanced features such as a free partial withdrawal benefit2 and non-guaranteed loyalty bonus equivalent to 0.6% of the Account Value. Customers can choose to surrender their policy after 6 years with no charges or continue saving with crediting rates based on market prevailing rates.

Financially astute customers can look towards eEASY savepro – a participating plan – to yield higher potential returns of up to 4.07% p.a., with choice of policy term from 7 to 15 years. With an upgraded insurer rating of ‘A’ (Strong) by Fitch Ratings, Etiqa reflects a favourable business profile and ‘Very Strong’ capitalisation, providing assurance to potential customers.

Early Saver and Same-Day Full Payment Promotion

Similar to previous tranche, the first few customers to purchase daily can enjoy instant rewards and stand a chance to receive shopping vouchers up to S$7,500^. In addition, those who make payment for the lump sum premium within the same day will receive upfront premium discounts.

Plans can be purchased 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/EASYsave.

1Based on an investment rate of return of 4.75% p.a. Illustrated yields are 4.07% p.a. & 2.51% p.a. based on the illustrated investment rates of 4.75% p.a. & 3.25% p.a. respectively. Benefits payable may vary according to the future performance of the participating fund.

2
Subject to specified circumstances.

^For eEASY save V, vouchers will be given based on the total premium paid or lump sum premium paid (before any discounts) during application. For eEASY savepro, voucher giveaway varies according to the first-year premium size and premium term. Terms apply.

Information is accurate as at 8 August 2019.

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.