At a Glance

Returns of up to 4.00% per annum1

  • High guaranteed maturity yield of 3.92% per annum1
  • Non-guaranteed maturity yield of up to 0.08% per annum1

 

Start from a low single premium commitment amount of just S$5,000

100% Capital Guaranteed2 after 2 years

 

Receive coverage in the event of death during the 2-year policy term

Receive 101% of the single premium that you paid

 

Hassle-free online application with cash or your Supplementary Retirement Scheme (SRS) account

  • No health check-up required
  • Enjoy up to 4.10% p.a. on your DBS Multiplier Account with SavvyEndowment 11 to guard against inflation

Apply now

 

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.

1 February 2023

Sarah signs up for SavvyEndowment 11 and paid a single premium of S$10,000
Sarah’s policy term is from 1 February 2023 to 31 January 2025. During this period, Sarah also receives coverage for death

End of Year 1 (31 January 2024)

Sarah would have accumulated the following returns in Year 1, which roll over to Year 2.

 

 

Guaranteed yield at maturity

Non-guaranteed yield at maturity

Accumulated returns at the end of Year 1

Scenario 1:
Assume the higher illustrated rate of return of 4.25%

S$10,000 x 3.92% p.a.1 = S$392

S$10,000 x 0.08% p.a.1 = S$8

S$10,000 + S$392 + S$8 = S$10,400

Scenario 2:
Assume the lower illustrated rate of return of 3.00%

S$10,000 x 3.92% p.a.1 = S$392

S$0

S$10,000 + S$392 + S$0 = S$10,392

End of Year 2 (31 January 2025)

Sarah will receive 100% of her capital (S$10,000) and the maturity benefit at the end of Year 2.

 

 

Guaranteed yield at maturity

Non-guaranteed yield at maturity

Returns upon maturity

Scenario 1:
Assume the higher illustrated rate of return of 4.25%

S$10,400 x 3.92% p.a.1 = S$408

S$10,400 x 0.08% p.a.1 = S$9

S$10,400 + S$408 + S$9 = S$10,817

Scenario 2:
Assume the lower illustrated rate of return of 3.00%

S$10,392 x 3.92% p.a.1 = S$408

S$0

S$10,392 + S$408 = S$10,800

 

Eligibility Criteria

To apply for SavvyEndowment 11, 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 Based on the higher illustrated investment rate of return of 4.25% p.a., the total illustrated yield at maturity is 4.00% p.a., which consists of a guaranteed maturity yield of 3.92% p.a. and a potential non-guaranteed maturity yield of 0.08% p.a..

Based on the lower illustrated investment rate of return of 3.00% p.a., the total illustrated yield at maturity is 3.92% p.a., which consists of a guaranteed maturity yield of 3.92% p.a. The potential non-guaranteed maturity yield will be zero.

The bonus rate and the illustrated investment rate of return are not guaranteed and will depend on the future performance of the Participating Fund of the policy. Figures are subject to rounding.

2 Not applicable to policies that have been altered.

In Collaboration with Manulife

SavvyEndowment 11 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. This advertisement has not been reviewed by the Monetary Authority of Singapore.

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).

Information is correct as at 13 January 2023.

DBS Treasures Insurance Important Notes

Important Information

Explore more

Thank you. Your feedback will help us serve you better.

Was this information useful?

That's great to hear. Anything you'd like to add?
We're sorry to hear that. How can we do better?
Enter only letters, numbers or @!$-(),.