China Taiping e-Save is a short term Endowment plan that provide
guaranteed returns of 4.10% p.a. at the end of 1 year. As this is a limited tranche, it is available on a first come first serve basis.
At a glance, the benefits of this endowment plan are
- Attractive guaranteed returns of 4.1% upon maturity after 1 year.
- Hassle-free application – no medical underwriting needed.
- Start from minimum single premium of S$50,000.
- Exclusively for online purchase only.
What are Endowment Plans?
Endowment plans are life insurance saving plans offered by insurance companies.
The aim is to help policyholders save towards specific financial goals. Policy holders can contribute a regular amount for a designated period of time or pay a lump sum upfront at the start of the policy.
Upon maturity of the policy, you will be given a lump sum payout with the guaranteed return. It is best to study the plan carefully as certain endowment plans offers non-guaranteed returns....
