Key features of China Taiping's i-WealthSaver
Attractive yield of up to 4% p.a.1
Capital guaranteed by Year 5
Single Premium
10-Year policy term
Online application
China Taiping's i-WealthSaver
i-WealthSaver is a highly attractive medium-term savings plan. Deposit your savings in this plan and enjoy our SUPER promotion on i-WealthSaver Single Premium.
i-WealthSaver Single Premium:
- is capital guaranteed by the end of Policy Year 5
- has a fixed policy term of 10 years.
- provides yields up of up to 4% p.a..
- allows you to ensure policy continuity with a Secondary Life Insured
- includes special promotions from China Taiping & InsureDIY!
Get a quote and enjoy our special InsureDIY promotion!
How to Apply and Enjoy the Promotion?
Simply fill in the online form above to request for a quote. You can also choose to apply directly through the online form above! We will be contacting you to get your e-signature on your final policy illustration before submitting the application to China Taiping.
Download our InsureDIY App and take a screenshot of the Home page of the app showing this promo banner and email it to us at [email protected] after you complete your application to enjoy the additional $100 cash rebate.
You will be paying the insurer your premiums directly after you receive the policy number from China Taiping.
i-WealthSaver Details
China Taiping's i-WealthSaver Product Illustration at 4.25% return
| End of Policy Year | Premium Paid at the Start of Year (S$) | Death Benefit ($) |
Total Surrender Value ($) |
| 1 |
29,407 (Enjoy promo cashback of $1,945) |
30,996 | 0 |
| 2 | 0 | 31,116 | 4,500 |
| 3 | 0 | 31,237 | 6,443 |
| 4 | 0 | 31,358 | 11,564 |
| 5 | 0 | 31,546 |
30,005 (Capital guarantee achieved: $29,430 guaranteed + $575 bonus) |
| 6 | 0 | 31,900 | 30,417 |
| 7 | 0 | 32,837 | 31,325 |
| 8 | 0 | 34,577 | 33,062 |
| 9 | 0 | 37,347 | 35,872 |
| 10 | 0 | 41,370 | 40,494 |
|
Expected maturity yield after promotions: 4% p.a.1 Expected payout is 147% of your net Single Premium1 |
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Please note that the benefits above include both guaranteed and non-guaranteed components. Please refer to your quotation for a detailed breakdown.
Here are some common questions about
China Taiping's i-WealthSaver
1. Does this plan pay out cash dividends?
No, this plan does not pay out cash dividends and is designed to pay out an attractive interest and capital on maturity.
2. Is the return illustrated guaranteed?
i-WealthSaver is a participating plan with guaranteed and non-guaranteed components. This policy reaches 100% capital guarantee at the end of the 5th policy year.
3. Is there a minimum sum assured?
The minimum sum assured for i-WealthSaver Single Premium is $30,000.
4. Is this plan covered by SDIC?
Yes, the coverage by SDIC is subject to a maximum of S$500,000 for the aggregated guaranteed sum assured and S$100,000 for the aggregated guaranteed surrender value per life assured per insurer.
5. Is this plan a fixed deposit?
This is an insurance plan and not a fixed deposit. However, your capital is guaranteed by the end of year 5 by China Taiping which is rated S&P: A- | A.M Best: A.
1 The returns include non-guaranteed benefits and are based on the illustration rate of 4.25% p.a.. China Taiping's current promotion is valid till 31 Oct 2022 and the promotion varies according to the premium term selected.
This policy is protected under the Policy Owners’ Protection Scheme which is administered by the Singapore Deposit Insurance Corporation (SDIC). Coverage for your policy is automatic and no further action is required from you. For more information on the types of benefits that are covered under the scheme as well as the limits of coverage, where applicable, please contact your insurer or visit the LIA or SDIC websites (www.lia.org.sg or www.sdic.org.sg).
InsureDIY is a Broker licensed by the Monetary Authority of Singapore and is an Exempt Financial Adviser. This advertisement has not been reviewed by the Monetary Authority of Singapore.
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