Insurance
GIGANTIQ Guaranteed Return of 2% per annum
By My Sweet Retirement  •  September 21, 2020
GIGANTIQ is a single premium, yearly renewable, non-participating universal life plan by Etiqa that gives you a guaranteed return of 2.0% per annum on your first S$10,000 for the first year. Any amount above S$10,000 earns you 1.0% per annum for the first year. The insurance plan offers the financial flexibility, opportunity for wealth accumulation and the assurance of life insurance coverage through providing death benefit. The minimum amount you need to get started is just S$50. In my opinion, GIGANTIQ is pretty much similar to Dash EasyEarn except that Dash EasyEarn is only for Dash users. Insurance Benefits Since this is an insurance plan, you enjoy insurance coverage in the event of Death with a death benefit of 105% of your account value. Wondering how much interest you can earn with GIGANTIC? Based on the minimal deposit of S$50 and 2.0% p.a., you will receive an interest of S$1 for the first year....
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By My Sweet Retirement
I am a working salaried professional in my mid 30s. Just like most Singaporeans, I worked long office working hours, often trying very hard to find some work life balance. The Sweet Retirement Blog was created to share my journey towards achieving a comfortable retirement life. I believe we cannot simply rely solely on our Central Provident Fund savings when reaching old age. Neither can we rely solely on our bank savings as we all know the interest rates cannot beat inflation.
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