This plan is a limited tranche endowment plan. Do check on availability. If it is, these are points to note and my REFERRAL CODE R99327
TIQ is a 3-year endowment plan with a guaranteed return of 3.95%pa. YES 3.95%pa! No doubt 12month fixed deposits are 4% now, you never know whats after 12months. With this plan, you guarantee yourself that rate. Compared to Singapore savings bond Jan2023 (2.84%pa), this is a great offer.
You'd realise above that early surrender is detrimental. Guaranteed rate is ONLY upon MATURITY. Hence, if you are buying a BIG sum like $1m (max policy size, min is $5,000 only), you can actually buy multiple plans so that if you need to prematurely surrender, it is not too bad. Other than that, it's a simple to use savings vehicle.
To apply, use this link to TIQ and input referral code below R99327