facebookBest endowment plans for 21yo? Have set aside insurances and emergency funds. Looking to put $15k into an endowment that lasts around 3years max? - Seedly

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Anonymous

21 Aug 2020

Insurance

Best endowment plans for 21yo? Have set aside insurances and emergency funds. Looking to put $15k into an endowment that lasts around 3years max?

Currently have around $10k in stocks and enjoying great returns (+12%), but am hesitant to invest more due to volatility in the US and world stock economy now, and sg economy looks bleak to me.

Looking for a guaranteed-return endowment plan for short term, around 3years. Baseline is interest above 1.80%. Will not withdraw the funds put into the endowment. Will appreciate and it'll be good if can list down all/several endowment plans i can consider.

Discussion (5)

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1) SingLife

2) Dash Etiqa

3) Elastiq

In that order

Loh Tat Tian

14 Aug 2020

Founder at PolicyWoke (We Buy Insurance Policies)

You can look for us where we have a range of policies (2nd hand) which people gave up from servicing. (3 years premium left to service). https://www.policywoke.com/buy-from-us

However, there is severe restriction on the premium you can choose.

There are also other risk to consider, hence speak to us before deciding on buying them.

PolicyPal

10 Aug 2020

Official Account at PolicyPal

For a 3-year plan, you can check our Elastiq by Etiqa. It is guaranteed 1.8% p.a. return for the fir...

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