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At a Glance
Hassle-free online application with your Supplementary Retirement Scheme (SRS) account or cash
- 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 13 to guard against inflation
Find out more about the features and exclusions of this policy.
How it Works
Any early termination of the policy before 2 years can incur costs and the surrender values payable (if any) may be less than the total premiums paid. Find out more at DBS Treasures Insurance Important Notes.
Potential total yield
End of Year 2
S$10,000 x 103.71% p.a.1 x 103.71% p.a.1 =
End of Year 2
S$10,000 x 103.40% p.a.1 x 103.40% p.a.1 =
To apply for SavvyEndowment 13, you must be:
- A Singapore Citizen or Singapore Permanent Resident (PR) who is currently residing and paying tax in Singapore only,
- Aged between 18 to 60 years old (age as of last birthday),
- A digibank user, and
- You are applying for this policy for yourself.
How to Apply
No wait, no hassle. Your details are pre-filled when you apply on digibank
Alternatively, you may also leave your contact details here and we will get in touch soon.
Frequently Asked Questions
Refer to the Frequently Asked Questions for more details.
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 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 policy.
1 The illustrated maturity yield of 3.71% p.a. includes a non-guaranteed maturity bonus of 0.31% p.a. based on the higher illustrated investment rate of return (IIRR) of 4.17% p.a..
Based on the lower IIRR of 3.00% p.a., the illustrated maturity yield is 3.40% p.a.. The non-guaranteed maturity bonus will be zero.
As the maturity bonus rate and both IIRR 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 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 13 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 (www.lia.org.sg or www.sdic.org.sg).
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.
Information is correct as at 26 October 2023.