Etiqa Enrich Retirement Review

Etiqa Enrich Retirement allows you to enjoy your desired lifestyle by providing you a lump sum maturity benefit, in addition to your monthly retirement income.

Etiqa Enrich Retirement product details

• Life policy – Endowment and Saving policy
• Pay premiums for 2, 5 or 10 years
• Receive monthly retirement income consisting of guaranteed and non-guaranteed payout for 10 or 20 years.
• Choose from level or inflated payout.
• Receive a lump sum payout of S$10,000 should you be diagnosed with Alzheimer’s Disease or Severe Dementia, Idiopathic Parkinson’s Disease, or osteoporosis with fractures for the first time. A maximum of 2 claims can be made under this benefit.
• Your capital is guaranteed once you reach your selected retirement age.
  
  

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

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

Features of Etiqa Enrich retirement at a glance

Cash and Cash Withdrawal Benefits
Cash value: Yes
Cash withdrawal benefits: Yes

Health and Insurance Coverage
Death: No
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
N.A.

Additional Features and Benefits
Yes.

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

Read about: Effects of compounding returns on your saving

Read about: Where do I start with financial planning

Etiqa Enrich retirement may be suitable if you are looking for

Etiqa Enrich retirement may potentially be a good fit if the following matters to you:

• A hassle-free application without medical underwriting
• Medium-term endowment savings plan
• To potentially generate higher financial returns compared to bank accounts
• To save regularly over a period of time
  
  

Etiqa Enrich rewards may not be suitable if you are looking for

Etiqa Enrich retirement may potentially be a bad fit if the following matters to you:

• Liquidity or flexibility of withdrawal in your Insurance policy.
• Health and Protection coverage
• High insurance coverage for Death
• Insurance coverage for Terminal Illness, Early Critical Illness, Critical Illness, or Total Permanent Disability
• Lifetime regular cash payout
• Potentially higher financial returns compared to a pure investment product.
• Insurance policy with a high surrender value in the early years of the policy.
  
  

Read About: How can I accumulate a million dollar (Realistically)

Further considerations on Etiqa Enrich retirement

• How is  Etiqa or Etiqa Enrich retirement investment returns based on historical performance?
• How does Etiqa Enrich retirement compare with Endowment policy from other insurance companies?
• Can Etiqa Enrich retirement fulfill my financial, insurance, health, and protection needs?
  
  

The above information may not fully highlight all the product details and features on Etiqa Enrich retirement . Talk to us or seek advice from a financial adviser before making any decision about Etiqa Enrich retirement .

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

Read about: How can I accumulate a million dollar (Realistically)

Read About: 4 Best Savings plans and endowment policies in Singapore (Updated)

Is Etiqa Enrich retirement suitable for me?