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21 Aug 2020

21 Aug 2020

Insurance

How much of the money in elastiq is protected by sdic?

Discussion (4)

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I always thought it was up to $75k for all stuffs covered by SDIC - but need to double check on that

PolicyPal

17 Aug 2020

Official Account at PolicyPal

Hi,

For Elastiq, the coverage by SDIC is as follows:

  • Cap of S$100,000 for Guaranteed Sum Assured

  • Cap of S$50,000 for Guaranteed Surrender Value per Policy

Hope this helps!

You can check out some reviews on Elastiq here:

1) Strong and Frugal

2) Heartlandboy

3) PolicyPal

Gideon Ng

07 Aug 2020

Blogger at FI Pharmacist

Elastiq is covered by SDIC under the Policy Owner's Protection Scheme(https://www.sdic.org.sg/publ...

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