At a Glance

Earn returns with a 1-year endowment plan


Hassle-free online application with SRS or cash


Receive death coverage during the policy term

Get this plan



Receive S$20 vouchers when you get a SavvyEndowment 15 policy2. Till 17 March 2024 only. Find out more via the tile below!


Features & Benefits

Earn returns of up to 3.32% p.a.1 in just 1 year
  • 100% capital guaranteed3 after 1 year
  • Receive guaranteed maturity yield of 3.12% p.a.1
  • Plus, get non-guaranteed maturity yield of up to 0.20% p.a.1

Any early termination of the policy before 1 year can incur costs and the surrender value payable (if any) may be less than the total premiums paid. Find out more at DBS Insurance Important Notes.


Apply easily online with SRS or cash, no health check-up required
  • Start from a low single premium commitment amount of just S$5,000
  • No health check-up required
  • Enjoy up to 4.1% p.a. on your DBS Multiplier Account with SavvyEndowment 15 to guard against inflation


Receive 101% of the single premium that you paid in the event of death during the 1-year policy term


Please refer to the Sample Policy Contract for the precise terms, conditions and exclusions.


How it Works

1 February 2024

Sarah signs up for SavvyEndowment 15 and paid a single premium of S$20,000.
Sarah’s policy term is from 1 February 2024 to 31 January 2025. During this period, Sarah also receives coverage for death.

Sarah reaps gains of up to S$664 in just 1 year based on the higher illustrated investment rate of return of 4.14% p.a.1!

Based on the lower investment rate of return of 3.00% p.a.1, Sarah will receive guaranteed returns of S$624 at the end of 1 year. The non-guaranteed yield will be zero.


Potential total yield

Guaranteed yield

S$20,000 x 103.12% p.a.1 = S$20,624

Non-guaranteed yield

S$20,000 x 0.20% p.a.1 = S$40

Potential total yield

S$20,624 + S$40 = S$20,664
(potential total returns of 3.32% p.a.1)


Eligibility Requirements

Who is eligible?
Age Between 18 and 60 (based on your last birthday)
Place of residence Singapore citizen or Singapore Permanent Resident who is residing and paying tax in Singapore

Apply Now

You need to have a DBS/POSB Savings or Current account to get our SavvyEndowment 15 plan. Apply here if you don’t have one yet. Remember to apply for digibank access.

Getting a SavvyEndowment 15 plan is simple and fully digital. Sign up now!

Get this plan

Alternatively, chat with our friendly Wealth Planning Managers now. (This chat service is available from 9am to 6pm on Mon to Fri, excluding Public Holidays.)

Live Chat

You can also leave your contact details and we will get in touch soon.

Contact me


Get more Benefits

Earn bonus interest on your DBS Multiplier Account with all Manulife protection or endowment plans distributed by DBS. Find out more.

  • No minimum regular or single premium amount is required
  • Pay with cash or SRS
  • Earn bonus interest for 12 months consecutively

How to Claim

Please visit Manulife’s claim portal to view the list of documents required for submission and submit your claim online.


Frequently Asked Questions

Please refer to the full list of Frequently Asked Questions here.

No, the life insured covered must also be the policy owner.

Foreigners who are Singapore Permanent Residents (PR) currently residing and paying tax in Singapore only may apply.

Yes. You can purchase more than one policy. You should consider your financial commitments when deciding on the amount of premium for this plan.

No, SavvyEndowment 15 is available via direct debit from your DBS/POSB bank account or from your DBS Supplementary Retirement Scheme (SRS) account. However, you can purchase more than 1 SavvyEndowment 15 policy.


1 The illustrated maturity yield of 3.32% p.a. includes a non-guaranteed maturity bonus of 0.20% p.a. based on the higher illustrated investment rate of return (IIRR) of 4.14% p.a.. The non-guaranteed maturity bonus will be 0.20% of the single premium.

Based on the lower IIRR of 3.00% p.a., the illustrated maturity yield is 3.12% p.a.. The non-guaranteed maturity bonus will be zero.

As the maturity bonus rate and both IIRRs are not guaranteed, the actual benefits payable will vary according to the future performance of the Participating Fund of the policy. Figures are subject to rounding.

2 Promotion till 17 March 2024. Terms and conditions apply.

3 Not applicable to policies that have been altered.


The information herein is published by DBS Bank Ltd (“DBS Bank”) and is for general information only and should not be relied upon as financial advice. This publication may not be reproduced, or communicated to any other person without prior written permission. This website does not take into account the specific investment objectives, financial situation or needs of any particular person. Before entering into any transaction involving any product mentioned in this website, where applicable, you should seek advice from a financial adviser regarding its suitability for your own objectives and circumstances. If you choose not to do so, you should make an independent assessment and do your own due diligence on the product. This advertisement has not been reviewed by the Monetary Authority of Singapore. The website herein is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to law or regulation.

In Collaboration with Manulife

SavvyEndowment 15 is issued and underwritten by Manulife (Singapore) Pte. Ltd. ("Manulife") (Reg. No. 198002116D) and distributed by DBS. It is not an obligation of, deposit in or guaranteed by DBS.

Buying a life insurance policy is a long-term commitment. An early termination of the policy usually involves high costs and the surrender values payable may be less than the total premiums paid.

This policy is protected under the Policy Owners’ Protection Scheme which is administered by the Singapore Deposit Insurance Corporation (“SDIC”). Coverage for the 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 Manulife or visit the Life Insurance Association or SDIC websites ( or

Deposit Insurance Scheme
Singapore dollar deposits of non-bank depositors and monies and deposits denominated in Singapore dollars under the Supplementary Retirement Scheme are insured by the Singapore Deposit Insurance Corporation, for up to S$75,000 in aggregate per depositor per Scheme member by law. Monies and deposits denominated in Singapore dollars under the CPF Investment Scheme and CPF Retirement Sum Scheme are aggregated and separately insured up to S$75,000 for each depositor per Scheme member. Foreign currency deposits, dual currency investments, structured deposits and other investment products are not insured.

DBS Insurance Important Notes

Important Information

Terms and Conditions Governing SRS

Deposits Insurance Scheme

Information is correct as at 1 March 2024.

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