Etiqa Essential Lifetime Secure Review

Etiqa Essential Lifetime Secure is a whole life insurance plan offering coverage up to five times your basic sum insured, with riders for critical illness and premium waivers, you’re covered for whatever life brings

Etiqa Essential Lifetime Secure product details

• Life policy – Whole Life Policy
• Flexible premium terms
  • Choose from 5, 10, 15, 20, 25 or 30 years premium term
• Reduce Financial Stress in Challenging Times
  • Receive a premium relief benefit to ease financial stress during tough times, like being retrenched or admitted to intensive care, or family member’s death, total permanent disability, or terminal illness
• Customised plan with a wide variety of riders
  • Early CI benefit rider
  • CI benefit rider
  • Extra secure waiver
  • Extra payer waiver
    
    

Read About: Whole Life Policy: How does it work?

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Features of Etiqa Essential Lifetime Secure at a glance

Cash and Cash Withdrawal Benefits
Cash value: Yes
Cash withdrawal benefits: No

Health and Insurance Coverage
Death: Yes
Total Permanent Disability: Yes
Terminal Illness: Yes
Critical Illness: No (Yes with rider)
Early Critical Illness: No (Yes with rider)

Health and Insurance Coverage Multiplier
Death: Yes
Total Permanent Disability: Yes
Terminal Illness: Yes
Critical Illness: Yes
Early Critical Illness: Yes

Optional Add-on Riders
Early CI benefit rider
CI benefit rider
Extra secure waiver
Extra payer 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.

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Etiqa Essential Lifetime Secure may be suitable if you are looking for

Etiqa Essential Lifetime Secure may potentially be a good fit if the following matters to you:

• High protection for Death. Total and Permanent Disability, and Terminal Illness coverage
• High Early Critical Illness, Critical Illness coverage in an Insurance Policy with riders
• Health and Protection coverage due to a shortfall in your Insurance Portfolio
• Accumulating cash value in the policy for financial returns in the long-term
• Paying premiums only for a limited number of years and enjoying coverage for a lifetime
  
  

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Etiqa Essential Lifetime Secure may not be suitable if you are looking for

Etiqa Essential Lifetime Secure may potentially be a bad fit if the following matters to you:

• Liquidity or flexibility of withdrawal in your insurance policy
• Access to cash from your policy on a regular basis
• Insurance policy with a high surrender value in the early years of the policy
• Potentially higher financial returns compared to a pure investment product
  
  

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Further considerations on Etiqa Essential Lifetime Secure

• How are the investment returns of Etiqa or Etiqa Essential Lifetime Secure based on historical performance?
• How good is Etiqa Essential Lifetime Secure compared to Whole Life Policy from other insurance companies?
• Can Etiqa Essential Lifetime Secure cover fulfill my financial insurance, health, and protection needs?
  
  

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

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

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Is Etiqa Essential Lifetime Secure suitable for me?