China Taiping i-Saver8 Review
The complete Pros and Cons on China Taiping i-Saver8
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 (2023 Editition)
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?
Contact InterestGuru using the form below. Our panel of licensed financial advisers will advise accordingly, based on your financial profile and protection needs.
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