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Tiq 3 Year Endowment Plan is 4.80% p.a
By My Sweet Retirement  •  September 9, 2023
The latest Tiq 3 Year Endowment Plan launched in August 2023 can give you up to 4.80% p.a. This is a single premium, non-participating life insurance savings plan. This plan has a policy term of 3 years. A lump sum guaranteed maturity benefit will be paid at the end of the policy term. Similar to past tranches, this is offered based on a limited tranche and will end once fully subscribed.
It is important to note that there is a catch to earn up to the maximum of 4.80% p.a. and I shall share more details below.

What are Endowment Policy or Plans?

Endowment Policy or 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...
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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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