With interest rates dropping, many are not sure where to put their money to make it work. Well, look no further because PolicyPal, a digital insurance broker licensed by MAS has launched GIGANTIC by Etiqa on it's mobile app and judging by the product name, you know it's gonna be something big!
What is it?
GIGANTIQ is a single premium, yearly renewable, non-participating universal life plan denominated in Singapore dollars. It offers the financial flexibility, opportunity for wealth accumulation and the assurance of life insurance coverage through providing death benefit.
This is an insurance savings plan offering 2% p.a.* returns on up to $10,000, for a limited time only. 2% p.a.* is definitely attractive and especially in a climate that we are in. With people holding on to more cash nowadays due to the situations, 2% per annum is really a good deal....