China Taiping i-Saver8 Review

China Taiping i-Saver 8 is featured in our 4 Best Savings Endowment Plans In Singapore For Wealth Accumulation (2024)

China Taiping i-Saver8 is an endowment savings plan that lets you save 2 yearly premiums with a policy term of 8 years. Receive up to 3.13% per annum with capital guaranteed upon policy maturity.

China Taiping i-Saver8 product details

• Life policy – Endowment and Saving policy
• Short Premium & Policy Term
  • Save 2 yearly premiums for a policy term of 8 years
• Maturity Benefit
  • Enjoy up to 3.13% per annum and capital is guaranteed upon policy maturity
• Insurance Coverage
  • Be covered against death of 105% of the total premiums paid and any non-guaranteed bonuses
• Hassle-free Application
  • Guaranteed acceptance, no health checks needed
    
    

Read About: Endowment and Saving policy: How does it work?

Read About: Endowment and Saving policy: Is it the best option?

Features of China Taiping i-Saver8 at a glance

Cash and Cash Withdrawal Benefits
Cash value: Yes
Cash withdrawal benefits: No

Health and Insurance Coverage
Death: Yes
Total Permanent Disability: No
Terminal Illness: No
Critical Illness: No
Early Critical Illness: No

Health and Insurance Coverage Multiplier
Death: No
Total Permanent Disability: No
Terminal Illness: No
Critical Illness: No
Early Critical Illness: No

Optional Add-on Riders
NIL

Additional Features and Benefits
NIL

For further information and details, refer to China Taiping website. Alternatively, fill up the form below and let us advise accordingly.

Read About: Effects of compounding returns

Read About: 4 Best Endowment Insurance Savings Plans in Singapore (Updated)

China Taiping i-Saver8 may be suitable if you are looking for

China Taiping i-Saver8 may potentially be a good fit if the following matters to you:

• A hassle-free application without medical underwriting
• Short term endowment and savings plan
• Short premium term of 2 years for a policy term of 8 years
• To potentially generate higher financial returns compared to bank accounts
• Savings plan with insurance coverage against Death and Terminal Illness
  
  

China Taiping i-Saver8 may not be suitable if you are looking for

China Taiping i-Saver8 may potentially be a bad fit if the following matters to you:

• Liquidity or flexibility of withdrawal in your Insurance policy.
• High insurance coverage for Death or Terminal Illness
• Insurance coverage for Early Critical Illness, Critical Illness or Total and Permanent Disability
• Lifetime regular cash payout
• A one-time premium commitment with no further cash commitment
• Potentially higher financial returns compared to a pure investment product.
• Insurance policy with a high surrender value in the early years of the policy.
  
  

Further considerations on China Taiping i-Saver8

• How are China Taiping or China Taiping i-Saver8 investment returns based on historical performance?
• How does China Taiping i-Saver8 compare with Endowment policies from other insurance companies?
• Can China Taiping i-Saver8 fulfill my financial, insurance, health, and protection needs?
  
  

The above information may not fully highlight all the product details and features on China Taiping i-Saver8. Talk to us or seek advice from a financial adviser before making any decision about China Taiping i-Saver8.

Always ensure your long-term financial goals and objectives are aligned with the financial product you are considering to take up.

Read About: 3 things to consider before taking up a new financial product

Is China Taiping i-Saver8 suitable for me?