The single premium endowment plan has gained popularity over the recent years. With the successful launch of NTUC Income’s Capital Plus and China Taiping’s i-Save, Aviva decides to jump on the bandwagon by offering a similar three-year endowment plan called MySecureSaver. The plan offers a 2.25% Guaranteed Interest per year for 3 years, which is higher than banks’ fixed deposit rates and Singapore Savings Bond (SSB)‘s interest.

What is MySecureSaver?

Aviva’s MySecureSaver is a single premium, non-participating savings plan. It means all returns are guaranteed. The plan offers:

Guaranteed maturity yield – 2.25% over 3 years. Capital guarantee – from the start of the 3rd policy year. Guaranteed issuance without the need for medical check-ups – hassle-free application Death Benefit – pays out 101% of your single premium upon your death How does MySecureSaver work?

Suppose you want to save for the down payment of a new home in three

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