Asked 3w ago
ELASTIQ is definitely one of the best short term enowment plan right now in the market.
It offers a guaranteed 1.8% p.a. return for the first 3 years.
Unlike other endowment plans which have a lock-in period of 3-25 years, ELASTIQ provides you with the option to withdraw after 90-days lock in period with no penalty. Shoudl you not make any withdrawal, you will also be given a 0.3% non-guaranteed bonus.
We have did an analysis of the plan here. Do feel free to check it out.
1.8% on your initial amount for 3 years
Various promo (singlife or tiqconnect apps)
No withdrawal charge
106.8% death benefits
Up to 50k
Lock in for first 90 days
Higher interest at dash easyearn (20k)/singlife(10k)
Any top-up, interest not guaranteed
Withdrawal not as instant? (haven't withdraw before)
Do let me know if you need referral from singlife or tiqconnect apps.