Etiqa Enrich Flex Review
The complete Pros and Cons on Etiqa Enrich flex
Etiqa Enrich flex is a capital guaranteed endowment plan that provides flexibility to support your wants and needs.
Etiqa Enrich Flex product details
- Life policy – Endowment and Saving policy
- Pay premiums for 10, 15 or 20 years
- Receive a lump sum benefit payout on the policy anniversary immediately before you reach 100 years old.
- Be protected against death, terminal illness, or total & permanent disability (until 70 years old) during the policy term.
- Your capital is fully guaranteed once your policy reaches its 15th policy anniversary.
- Enhance your coverage with Extra secure waiver rider and Extra payer waiver rider.
- No medical 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 Etiqa Enrich flex at a glance
Cash and Cash Withdrawal Benefits
Cash value: Yes
Cash withdrawal benefits: No
Health and Insurance Coverage
Death: Yes
Total Permanent Disability: Yes
Terminal Illness: Yes
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
- Extra secure waiver rider
- Extra payer waiver rider
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.
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Read about: Where do I start with financial planning
Etiqa Enrich flex may be suitable if you are looking for
Etiqa Enrich flex 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 flex may not be suitable if you are looking for
Etiqa Enrich flex 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 flex
- How is Etiqa or Etiqa Enrich flex investment returns based on historical performance?
- How does Etiqa Enrich flex compare with Endowment policy from other insurance companies?
- Can Etiqa Enrich flex fulfill my financial, insurance, health, and protection needs?
The above information may not fully highlight all the product details and features on Etiqa Enrich flex. Talk to us or seek advice from a financial adviser before making any decision about Etiqa Enrich flex.
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: 3 best Savings plans and endowment policies in Singapore (updated Jan 2023)
Where can I compare the payout and benefits of saving plans and endowment policies?
Before committing to an insurance policy, it certainly pays to make an effort to compare. Specific product features, benefits, and payouts will differ more than you think across insurance companies. Why regret only years later, when you find out that you are not getting the best insurance policy available for the premium paid?
Use our Compare NOW feature to receive the most competitive quotes on saving plans and endowment policies.
Alternatively, you just need to provide us with a couple of details below.
Is Etiqa Enrich flex 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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