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POSB My Savings Account
Tell me
about SAYP
What are
the benefits?
How does
it work?
How do
I apply?
Want to enjoy savings and at the same time, protect yourself and your loved ones?
POSB has a solution for you: Save-As-You-Protect (SAYP), the 1st of its kind life insurance endowment plan that gives you

• 10X1 your saving account interest rates, and;
• S$100,000 protection2 coverage.

SAYP is simple and easy to understand. Most importantly, SAYP works for you!

Here’s a summary of the main benefits of SAYP:
Savings
Returns 2.5% p.a.1
Withdrawals Anytime3
Premium Payment Term No Lock-In

Protection
Cover S$100,0002
Tenor 15 Years
Premium Payment Term 10 Years

Additional Features
Type Endowment Plan
Capital Guaranteed 100% Refund


1. 10X is calculated based on the current SAYP savings interest rate of 2.5% p.a. for S$100,000 Sum Assured and the prevailing first tier passbook savings account interest rate among major banks. The interest rates are subject to review.
2. Covers death and terminal illness.
3. Minimum withdrawal is S$500 per withdrawal and minimum savings balance to maintain is S$1,000. For full withdrawal, the savings portion is closed and no further savings premium will be accepted.

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