Highly anticipated EASY save series by Etiqa reinvigorates the market with higher guaranteed returns and industry-first online DDA service

July 25, 2018 - 02:34
Highly anticipated EASY save series by Etiqa reinvigorates the market with higher guaranteed returns and industry-first online DDA service

SINGAPORE - Media OutReach - 25 July 2018 - Etiqa Insurance has relaunched its popular online insurancesavings solution EASY save series with its highestguaranteed returns for eEASY save todate. Customers can now gain higher guaranteed returns for eEASY save at 2.46% per annum, an increase from its previous tranche at 2.23% p.a. The pioneer in online insurance savings plans alsotook the lead for immediate online Direct Debit Authorisation (DDA)service, which simplifies and speeds up thepayment process for customers, offering greater convenience.

 

Recognised for its competitive returns, theEASY save series is designed totailor to the customer's appetite, savings horizon and aspirations. Customerscan select a participating or non-participating insurance plan, its premiumsize, and tenure based on their preferences.


eEASY save --  non-participating plan
Customers can benefit from high guaranteed returns of 2.46% per annum over a policy term of 6 years.

 

eEASY savepro -- participating plan
Customers can yield higher potential returns of up to 3.26% per annum over a policy term of 7 years.

 

No stranger to leading digital innovations inthe insurance market, Etiqa is collaborating with DBS once again, to be thefirst to introduce speedy online DDA service to their customers. This newservice enables customers to make immediate premium payment via Etiqa's webportal. In addition to easy application and instant status updates, there isalso an option to set up a renewal premium payment via GIRO. 

 

"As a digital-first insurer, Etiqa strives tostay at the forefront with new technologies to better serve our customers. Weare proud to be the first insurer in Singapore to launch the immediate onlineDDA service, as this will help our customers to eliminate painful paperwork andsave time during their savings journey," said Sue Chi Kong, Chief ExecutiveOfficer of Etiqa Insurance Pte. Ltd. Earlier in the year, Etiqa was the firstinsurer to launch PayNow, enabling customers to make instant claims andencashment.

 

The relaunch of EASY save series came shortly after Etiqa's recent win of the 'MarketingInitiative of the Year -- Singapore' Award at the Insurance Asia Awards 2018.Etiqa is honoured for its innovative 'No Pain Just Gains' marketing campaign,which presented wealth-lifting through Singapore's first online insurancesavings plans - eEASY save and eEASY savepro - that can be easily done in afew clicks, as opposed to weight-lifting that requires great effort.

 

 "We are delighted to receivethe award, as it affirms the team's effort to develop, execute and delivereffective solutions to our customers in an impactful manner," said Dennis Liu,Head of Business Transformation and Technology of Etiqa Insurance Singapore."We wanted to connect with tech-savvy audience that will appreciate smart waysto accumulate wealth. Our direct and online business model was formed with ourcustomers in mind, and determined our marketing efforts, which was largelyfocused on digital marketing."


Asof 23 July 2018, the popular EASY saveseries is back with higher guaranteed returns and attractive upfront premiumdiscounts. Interested parties can purchase online with ease -- a quote can begenerated in a few simple steps and approval is immediate.

 

Formore information, please visit https://po.st/gVFBIH.

 

Etiqa Insurance-- A Singapore Insurance Company with Asian and International Expertise

Etiqa Insurance Pte. Ltd. isa licensed life and general insurance company registered in the Republic ofSingapore and regulated by the Monetary Authority of Singapore (MAS). In July 2017, Fitch affirmed the company's "A-" rating for itsfinancial strength and stable outlook.  


Etiqa has been protecting Singaporeans since 1961 witha range of general insurance solutions that constantly evolve to meet theirever-changing needs. As the appointed insurer for the Housing Development Board(HDB) Fire Insurance Scheme in Singapore, we have been protecting homes since2009. In August 2014, we added a comprehensive suite of life insurancesolutions to our stable of products.

 

Etiqa is owned by Maybank Ageas Holdings Berhad, ajoint venture company that combines local market knowledge with internationalinsurance expertise. The company is 69% owned by Maybank, one of Asia's leadingbanking groups with more than 22 million customers worldwide in 20 countries;and 31% by Ageas, an international insurance group with 33 million customers across16 countries and a heritage that spans over 180 years, with a focus to provideworld class insurance solutions to consumers in Europe and Asia through marketleading joint ventures.

 

At Etiqa, we believe in our brand promise ofhumanising insurance, by placing people over policies in everything we do. Weare passionate about helping Singaporeans protect themselves and their lovedones today and helping them plan for a financially secure tomorrow.


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