Save-As-You-Protect
Want to enjoy savings and at the same time, protect yourself and your loved ones?
We have a solution for you: Save-As-You-Protect (SAYP), the 1st of its kind life insurance endowment plan that gives you
-
More1 than your saving account interest rates, and;
-
S$100,000 protection2 coverage.
SAYP is simple and easy to understand. Most importantly, SAYP works for you!
Here’s a summary of the main benefits of SAYP:
| Savings |
| Returns |
2.0% p.a.1 |
| Withdrawals |
Anytime3 |
| Premium Payment Term |
No Lock-In |
| Protection |
| Cover |
S$100,0002 |
| Tenor |
15 Years |
| Premium Payment Term |
10 Years |
| Additional Features |
| Type |
Endowment Plan |
| Refund of Premiums |
100% Refund at Maturity |
- Based on comparision with the prevailing first tier savings account interest rate among major banks as at 9 December 2008.
- Covers death and terminal illness.
- Minimum withdrawal is S$500 per withdrawal and minimum savings balance to maintain is S$1,000. For full withdrawal, the savings portion is closed and no further savings premium will be accepted.