China Taiping's i-Save

4.88% Guaranteed Total Return

with Capital Guarantee

Oct 2021 Tranche-Waitlist now!

InsureDIY is a Broker licensed by the Monetary Authority of Singapore and is an Exempt Financial Adviser.

 

 

i-Save Oct 2021-Waitlist

Key features for
China Taiping's i-Save Oct 2021

 

Guaranteed Returns


4.88% Guaranteed total 3-Year return

Capital Guaranteed

 

Capital Guaranteed & Covered by SDIC

3 year term


3-Year Term

 

InsureDIY Capital Plus Promotions


Exclusive InsureDIY Promo

InsureDIY Online Application


Online
Application
through
InsureDIY

Why Apply for i-Save

Oct 2021 tranche is fully subscribed. Please waitlist above and we will contact you if any allocation becomes available.

China Taiping's i-Save gives a return much higher than Singapore Savings Bonds and Fixed Deposits! The plan is capital guaranteed. Please see the SDIC protection under FAQ Q8. The Oct 2021 tranche offers a rate of 4.88% total return (1.6% p.a.).

Interest rates have been falling over the past few months. SSB is now only at 0.52% p.a.. Fixed deposits are only at 0.4% - 0.8%. So apply early for i-Save now!

InsureDIY is the only adviser platform offering China Taiping's i-Save with an online process and we offer an exclusive promotions. You will be able to apply and transfer the premium directly to China Taiping, all from the comfort of your own home.

InsureDIY is a Broker licensed by the Monetary Authority of Singapore and is an Exempt Financial Adviser.

DOWNLOAD & APPLY THROUGH OUR APP!

Check your application status, see your portfolio with us and redeem your vouchers with our app.

   

Have a question you need answered?

Email us (best way to reach us): sg_service@insurediy.com

WhatsApp us: +65 9151 5963 (Mon to Fri: 9am - 5pm)

Call us: +65 3138 6784 (Mon to Fri: 9am - 5pm)

Other Savings & Investment Products you may wish to consider: 

Product Product Type Register for these Products here:

Best of Bond Funds:

PIMCO logo

BlackRock

JP Morgan logo

Unit Trusts

3-Year return: 5.79%

Apply Now

i-Save Promotion

Each DIY$ is worth $1 and can be exchanged for vouchers including InsureDIY vouchers, NTUC Fairprice and Cold Storage vouchers. Or cash out at DIY$500! Check out our rewards catalogue here.

Single Premium Amount Promotion*
$500,000 and above DIY$40
$200,000 and $499,999 DIY$15
$100,000 to $199,999 DIY$10
$50,000 to $99,999 DIY$5

You can now also use your existing DIY$ to get cash rebates on i-Save and get 25% boost up** on your points!

Please pay China Taiping the full premium amount and we will credit your cash rebate separately after your free-look period. You can choose to redeem the cash rebate before or after application.

Redeem Cash Rebate
DIY$8 $10
DIY$40 $50
DIY$80 $100

 

Total premiums will be aggregated across policies if you are applying for multiple i-Save policies.
* DIY$ will be awarded to both new and existing InsureDIY users upon successful application of i-Save 30 days after the policy commences. 
** only available for users who have existing DIY$ excluding the DIY$ awarded for this tranche of i-Save.

i-save green leaf image

Referral Program

i-Save is also eligible for the Refer a Friend program. Refer your friends and family for i-Save and get DIY$10 for each referral.

DIY$ can be exchanged for vouchers including InsureDIY vouchers, NTUC Fairprice and Cold Storage vouchers. Check out our rewards catalogue here.

How to refer:
Simply ask your friend to select "Referral" during the application process and key in your email address or referral code when they apply for i-Save here

Referral Reward
DIY$10 each

* Only applicable if your friend has not bought any insurance policy through InsureDIY before. DIY$ will only be awarded after your friend's free-look period.

 
China Taiping logo

i-Save Oct 2021 Details

China Taiping's i-Save is a 3-year single premium plan that provides a guaranteed total return of 4.88% (1.6% p.a.). The return is higher than the 0.5% p.a. returns provided by Singapore Savings Bonds and fixed deposit rates of 0.05% - 0.65% p.a..

In addition to the guaranteed return at the end of 3 years, China Taiping's i-Save also includes an additional 5% Death benefit cover from the 12th policy month. 

China Taiping's Oct 2021 i-Save Product Illustration  

End of Policy Year Basic Premiums
Paid to Date (S$)
Death Benefit Surrender Value
Guaranteed(S$) Guaranteed(S$)
1 10,000 10,500 9,000
2 10,000 10,500 9,500
3 10,000 10,500 9,750
3 10,000 Maturity Value
Guaranteed(S$)

10,488

(4.88% of Single Premium)

Please note that the Guaranteed Death Benefit within 11 months from the issue date of the policy is 100% of the Basic Premium Paid-to-date instead and the Guaranteed Death Benefit from the 12th month and thereafter is 105% of the Basic Premium Paid-to-date.

Other Savings & Investment Products

 

Product Product Type Register for these Products here:

Best of Bond Funds:

PIMCO logo

BlackRock

JP Morgan logo

Unit Trusts

3-Year return: 5.79%

Apply Now

China Taiping logo

Here are some common questions
about China Taiping's i-Save Plan

1. Is there any difference between buying China Taiping's i-Save through InsureDIY or from other distributors?

InsureDIY is distributing the same product as with other distributors. However, we are offering exclusive promotions on i-Save that are not available anywhere else. We are also the only distributor to offer an online application process. So you will get more value through our promo and you also save time!  Apply now through InsureDIY and be the first in line for this limited tranche product

 

2. What is the minimum and maximum premium size for China Taiping's i-Save?

The minimum premium size for China Taiping's i-Save is S$50,000. The maximum single premium per insured is S$1,000,000.

 

3. What are the minimum and maximum ages for China Taiping's i-Save?

Individuals from ages 1 to 18 (next birthday) can apply with their parent as the policyholder and themselves as life assured.

Individuals from ages 19 to 80 (next birthday) are eligible to apply for China Taiping i-Save.

 

4. Is there a limit to the number of policies one may purchase?

No, there is no limit. Multiple policies are allowed under the same life insured, subject to a maximum aggregate single premium of S$1,000,000 per tranche.

 

5. If I am a foreigner, can I apply for China Taiping's i-Save?

Yes. However, you must be residing in Singapore at the time of application with a valid pass that has a minimum validity period of 6 months from the proposal signed date. Foreigners from sanctioned countries however, will be turned down. 

 

6. What are the acceptable source of funds for China Taiping's i-Save?

The Single Premium payment can be made via Internet Banking, Cheque or Cashier's Order only, payable to "China Taiping".

If submitting a Cashier's Order, please submit a copy of cashier’s order application form or a copy of the debit advice showing the payer’s details. 

 

7. Can I use my SRS funds to apply for China Taiping's i-Save?

No, SRS funds cannot be used for i-Save. The Single Premium payment has to be made via Cheque or Cashier's Order. 

 

8. Is China Taiping's i-Save covered by SDIC?

The coverage is subject to a maximum of S$500,000 for the aggregated guaranteed sum assured and S$100,000 for the aggregated guaranteed surrender value per life assured per insurer.​

InsureDIY is a Broker licensed by the Monetary Authority of Singapore and is an Exempt Financial Adviser. This advertisement has not been reviewed by the Monetary Authority of Singapore.