I am looking to maximize the interest for my multiplier account by doing the insurance and investment category. Any suitable plans with the lowest premiums/investment? - Seedly
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Darren Ong

Asked on 29 Jun 2020

I am looking to maximize the interest for my multiplier account by doing the insurance and investment category. Any suitable plans with the lowest premiums/investment?

Thank you!

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Tay WenHao
Tay WenHao
Level 7. Grand Master
Answered on 29 Jun 2020

Insurance - CancerCare

Investment - Invest saver, Monthly ETF $100 (Go for Nikko AM STI ETF. Relatively stable, after 1 year highly likely can cash out full capital)

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ūüĎć
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Darren Ong

30 Jun 2020

Thanks for the advise. I got a quotation for CancerCare from dbs ibanking. The monthly premium is $11.40(before applying promo code) for Headstart plan(Basic plan) for 50k cancer benefit and 10k death benefit. There is also a promo of 35% off premiums for 1st year if u sign before 21 July 2020.
Tay WenHao
Tay WenHao

30 Jun 2020

Yup its quite cheap. If you have 100k in DBS Multiplier the interest would have covered that. . Just note that the insurance and investment will only be counted for 1 year. After 1 year need sign up new ones. So can just opt for the cheapest option and cancel after 1 year.
Thank You!
Can you clarify
I wonder if
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