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
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.
Buying a life insurance policy is a long-term commitment. An early termination of the policy usually involves high costs and the surrender value payable may be less than the total premiums paid.
The examples used are for illustration purposes only and are not an indication or forecast of future returns.
This is not a contract of insurance. The standard terms and conditions of this plan are provided in the relevant policy contract.
This is published for information and general circulation only and does not have regard to the specific investment objectives, financial situation and the particular needs of any specific person.
All information correct at the time of publishing.