eSave Assure Presto
Etiqa
Category
Savings
Coverage
Death
Coverage Term
discrete term 12,21,26
Overview
Etiqa eSAVE assure presto is a limited pay, participating endowment insurance plan. The plan pays out returns in one lump sum or in 10 or 15 yearly payments. It provides coverage against death, which is 101% of all net premiums paid plus bonuses. The plan is guaranteed acceptance regardless of your health condition.
Key Features
-Endowments, also known as savings plans, require the policyholder to pay a fixed amount for a specified time period (e.g. one-off payment or regularly for 5 to 25 years) and are seen as a disciplined way to save. Endowment plans are offered on a participating basis and will accumulate cash values. You may either receive these cash values at designated policy years or at maturity of policy. Endowments also allow you to surrender your policy and cash out should you urgently require cash.
