If we can take you down the rabbit hole, we live in an interesting time when insurers in town were launching high-interest short-term endowments, and every other banks were launching a high-interest savings account.
Products like MySecureSaver II, Endowment Series Four, Capital Plus offered an alternative to the dipping returns on the Singapore Savings Bond.
” Whenever we talk about the interest rate of Singapore Savings Bond.”
While a high-interest savings account allows us to park out money for higher returns.
That got us thinking of the possibility of a product with both the insurance element and the savings account mechanics.