Personal Finance
Tiq 3-Year Endowment Plan: Etiqa’s Short Term Endowment Plan with 1.68% p.a. Return
By Seedly  •  January 4, 2021
In the market for a short-term investment? Considering that current fixed deposit promos and Singapore Savings Bonds (SSBs) give you returns which are less than 2% p.a. Have you ever considered an endowment plan like say… Etiqa’s Tiq 3-Year Endowment Plan? With a 3-year policy term and a guaranteed return of 1.68% p.a. ONLY if you hold it to maturity. It doesn’t sound too shabby, huh? Interested? Let’s find out more! Disclaimer: We are NOT sponsored and this article does not constitute financial advice. We’re just sharing information here for YOU to make smarter financial decisions.

TL;DR: Is the Tiq 3-Year Endowment Plan Worth It?

The Tiq 3-Year Endowment Plan is a single premium, non-participating life insurance savings plan.
  Tiq 3-Year Endowment Plan
Coverage 3 years
Capital Guaranteed From the start of the 3rd policy year
Premium Single premium (one lump sum) $10,000 (min) $1 Million (max) Cash only
 ...
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By Seedly
Launched in 2016, Seedly helps users make smarter financial decisions with its budgeting app which allows its 40,000 users to sync up their financial accounts and better manage their cash-flow. Last year, we introduced a new community feature which allows users to crowdsource knowledge from peers before making a financial decision.
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