Upfront premium discount is automatically extended when you opt to pay in one lump sum. This means you pay less premium, and therefore enjoy a higher overall and guaranteed return of 2.46% p.a.. For 1 year lump sum payment - 2.46% p.a. with upfront premium discount.

First Year Premium (after discount)	Guaranteed Total Maturity Benefit
$14,519	$16,801
$43,557	$50,404
$72,595	$84,007
$116,152	$134,412
$145,190	$168,015

Both parties will receive $50 Takashimaya Voucher each if a customer who purchased eEASY save or eEASY savepro from 18 July 2018 refers a new customer who also subsequently makes an eEASY save or eEASY savepro purchase using their referral code. Promotion is valid from 18 July 2018 to 31 December 2018.  

• This promotion is open to customers who receive this notification (“Existing Customer”) from Etiqa Insurance Pte. Ltd. (“Etiqa”) and refer a friend who have not made any previous purchase of eEASY save or eEASY savepro (“New Customer”)
• A New Customer must be a Singapore citizen(s), Permanent Resident(s) of Singapore or Foreigner(s) with valid Work Pass, Student Pass, Dependent’s Pass or Long-Term Visit Pass.
• To qualify for the promotion, the New Customer must have purchased eEASY save or eEASY savepro online using the Existing Customer’s referral code via our website.
• This promotion is not valid in conjunction with any ongoing or existing insurance promotions, coupons, staff discounts and privileges, unless otherwise stated.
• This promotion is not valid for Existing Customers or New Customers who have cancelled or free-look existing policy/policies with Etiqa within the last 14 days.
• Vouchers will be issued upon full payment of premiums and after the free-look period of 14 days after purchase. After which we will contact the Existing Customer and New Customer via email within 2 weeks on voucher redemption details.
• Etiqa reserves the right to change giveaway mechanics at any point in time without prior notice. The giveaway voucher value will be tied to the prevailing promotion at point of application.
• All promotional gifts are not transferable, exchangeable for cash or kind or extendable in validity.
• All decisions by Etiqa on this promotion shall be final and binding on all participants. We will not consider any appeal or request to change the terms of the promotion.

You can purchase this plan for yourself if you fulfil any one of the following:

1. You are a Singapore Resident with a valid NRIC or FIN; or
2. You are a foreigner and you own a valid Work Permit, Employment pass or Social pass.

Yes, you are able to buy more than one policy with us.

Participating policies Participating policies are insurance policies which provide both guaranteed and non-guaranteed benefits (e.g. in the form of bonuses). The premiums paid for a participating policy are pooled with those of other participating policies offered by Etiqa in a specially designated ‘participating fund’. This fund invests in a range of assets such as bonds, equities, cash, deposits, loans or other assets. The policyholders are allowed to participate and share in the profits of the participating fund. This is paid in the form of bonuses. Depending on the performance of the participating fund, bonuses are declared annually. Once it is added or vested in the policy, it forms part of the guaranteed benefit of the policy. If you wish to know more about life insurance participating products, you may refer to “Your Guide To Participating Policies” (English) on our website or Life Insurance Association’s website. Alternatively, we can provide you with a copy of the guide upon request.   Non-participating policies Non-participating policies are insurance policies which provide guaranteed benefits only. The policyholder does not participate and share in the profits of the participating fund hence non-guaranteed benefits (in the form of bonuses) are not payable. The guaranteed customer’s returns of non-participating policies are generally higher than participating policies. However, as non-participating policies do not participate in the profits of the participating fund, the total customer’s returns which consist of the guaranteed and non-guaranteed benefit (if any), are generally lower than participating policies.

Your premiums are invested mostly in high-quality bonds.

1 lump-sum payment only for this tranche. A total of 1st and 2nd year premiums will be payable as a lump-sum at application. Payment for this product promotion must be made from a DBS/POSB bank account, using either DBS digibank login or Card. You will also need to verify your identity via Myinfo or prepare a photo copy of your NRIC/FIN pass for upload together with your application. For non-Singaporeans, please kindly also get ready a copy of your proof of address (from bills or statements).

(Promotional offer only) The premium discount offered on the first year premium may vary depending on whether the ‘Lump Sum’ premium payment option is selected. The ‘Lump Sum’ option allows you the convenience of pre-payment of second-year premium upfront at point of application. Once you have opted in and paid for the lump sum payment option:

• No premium payment is required at the end of the first policy year.
• Withdrawal of the pre-paid second-year premium is not allowed during the policy term after the 14-day free-look period.
• Change of payment option is not allowed.

In the event you surrender the policy before the end of the first policy year, we will refund the second year premium (without any interest) and the surrender value.

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, the fourth largest banking group in Southeast Asia 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. As a licensed life and general insurance company registered in the Republic of Singapore and regulated by the Monetary Authority of Singapore (MAS), we are governed by the Insurance Act. 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 more than 300,000 homes since 2009. In 2014, Etiqa added a comprehensive suite of life insurance solutions, including protection, savings and retirement solutions to our portfolio to better serve our growing customer base and the needs of the modern day consumer. We are rated “A-” by Fitch in 2017 for our financial strength and stable outlook. Our relentless dedication to being a digital and innovative insurer has resulted in new solutions, such as pioneering EASY save series of savings plans online and direct to customers, and the delivery of a customer-centric experience, such as offering real-time flight delay claims for travel insurance, and usage-based car insurance. For more information, visit our corporate profile and media centre. This policy is protected under the Policy Owners’ Protection Scheme which is administered by the Singapore Deposit Insurance Corporation (SDIC). Coverage for your 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 us or visit the Life Insurance Association (LIA) or SDIC websites.

You should consider your financial commitments (e.g. loans, family expenses and children’s educational needs) and existing insurance coverage, including insurance provided by your employer, when deciding the insurance coverage that you need. You may use the Insurance Estimator from Central Provident Fund to help you decide on the amount of coverage you need. You should also consider whether you can afford to pay the premiums for the entire duration of the policy, taking into account your outstanding loans, regular expenses and your income over the long term. If you are unable to pay the premiums, your insurance policy will lapse (or end) and you will no longer be covered. You may use the Budget Calculator available on the MoneySENSE website to check if the premium is affordable based on your current income and expenditure. You may also consider the different types of Direct Purchase Insurance (DPI) and other types of life policies available, and whether the life policy is suitable for your financial circumstances and needs. To do this, you may visit the Compare First website to understand the features and premiums of DPI and other types of life policies.

Our customer care team will be happy to take your questions during operating hours from Mondays to Fridays 8.30 am to 5.30 pm. Call us at +65 6887 8777 or start a live chat with us on our website. Alternatively, you may email us at customer.service@etiqa.com.sg and we will respond within two working days.