Etiqa eSAVE flexiplus Review

The complete Pros and Cons on Etiqa eSAVE flexiplus

Etiqa eSAVE flexiplus is a 15-year endowment savings plan that provides cash payouts from the 2nd year onwards which can be spent to your liking or reinvested to grow more.

Etiqa eSAVE flexiplus product details

  • Life policy – Endowment and Saving policy
  • Policy term of 15 years
  • Pay premiums for the entire premium term
  • Receive cash payouts from the end of the second year onwards
  • You can choose to reinvest the cash payouts to grow your savings
  • Capital guaranteed upon policy maturity
  • Enjoy up to 2.98% per annum upon policy maturity
  • Death benefit of 105% of premiums paid on top of any bonuses
  • Hassle-free application with no medical questions asked
  • Available rider to waive future premiums should you be diagnosed with major cancer

Read aboutEndowment and Saving policy: How does it work?

Read aboutEndowment and Saving policy: Is it the best option?

Features of Etiqa eSAVE flexiplus at a glance

Cash and Cash Withdrawal Benefits

Cash value: Yes
Cash withdrawal benefits: No

Health and Insurance Coverage

Death: Yes
Total Permanent Disability: No
Terminal Illness: No
Critical Illness: No
Early Critical Illness: No

Health and Insurance Coverage Multiplier

Death: No
Total Permanent Disability: No
Terminal Illness: No
Critical Illness: No
Early Critical Illness: No

Optional Add-on Riders

eXTRA cancer waiver

Additional Features and Benefits

Yes.

For further information and details, refer to Etiqa website. Alternatively, fill-up the form below and let us advise accordingly.

Read aboutEffects of compounding returns on your saving

Read aboutWhere do I start with financial planning

Etiqa eSAVE flexiplus may be suitable if you are looking for

Etiqa eSAVE flexiplus may potentially be a good fit if the following matters to you:

  • A hassle-free application without medical underwriting
  • Medium-term endowment savings plan
  • Annual payouts from the end of the second year that can be reinvested to grow in value
  • To potentially generate higher financial returns compared to bank accounts
  • To save regularly over a period of 15 years

Etiqa eSAVE flexiplus may not be suitable if you are looking for

Etiqa eSAVE flexiplus may potentially be a bad fit if the following matters to you:

  • Liquidity or flexibility of withdrawal in your Insurance policy.
  • High insurance coverage for Death
  • Insurance coverage for Terminal Illness, Early Critical Illness, Critical Illness, or Total Permanent Disability
  • Lifetime regular cash payout
  • Potentially higher financial returns compared to a pure investment product.
  • Insurance policy with a high surrender value in the early years of the policy.
  • A one-time premium commitment with no further cash commitment

Read AboutHow can I accumulate a million dollar (Realistically)

Further considerations on Etiqa eSAVE flexiplus

  • How is  Etiqa or Etiqa eSAVE flexiplus investment returns based on historical performance?
  • How does Etiqa eSAVE flexiplus compare with Endowment policy from other insurance companies?
  • Can Etiqa eSAVE flexiplus fulfill my financial, insurance, health, and protection needs?

The above information may not fully highlight all the product details and features on Etiqa eSAVE flexiplus. Talk to us or seek advice from a financial adviser before making any decision about Etiqa eSAVE flexiplus.

Always ensure your long-term financial goals and objectives are aligned with the financial product you are considering to take up.

Read aboutHow can I accumulate a million dollar (Realistically)

Read About3 best Savings plans and endowment policies in Singapore (updated Jan 2020)

Where can I compare the payout and benefits of saving plans and endowment policies?

Before committing to an insurance policy, it certainly pays to make an effort to compare. Specific product features, benefits, and payouts will differ more than you think across insurance companies. Why regret only years later, when you find out that you are not getting the best insurance policy available for the premium paid?

Use our Compare NOW feature to receive the most competitive quotes on saving plans and endowment policies.

Alternatively, you just need to provide us with a couple of details below.

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Is Etiqa eSAVE flexiplus suitable for me?

Contact InterestGuru using the form below. Our panel of Independent financial planners will advise accordingly, based on your financial profile and protection needs.

All financial reviews and proposals provided are 100% free of charge. There will be no obligation to take up any proposed financial products or services in any way.

*For a limited time, get attractive incentives when you take up any products that is proposed by our team of financial planners.

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Before you go...
Etiqa eSAVE flexiplus may be a good fit towards your current financial goals. However, there could be way more plans out there with features and/ or benefits that could be more relevant to you at a lower cost.
Drop us a message and find out about customised options across multiple insurance companies. You deserve to get the best out of your hard-earned savings!
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