Growing up, we will have more ideas and so, bigger dreams. No worries! Starts saving now with our "SaveEnhancer Endowment Plan", your dreams can be easily within your reach.
Through SaveEnhancer Endowment Plan, simply with 3-year or 5-year premium contribution, you can receive four guaranteed cash coupons in total during the last 4 years of your policy term to achieve your goals. In addition, the Plan offers coverage for death, accidental death and terminal illness to let you reap the benefits of savings and life protection for unforeseen circumstances.
Start Securing a Strong Future Today
Flexible Premium Contribution Term Options
SaveEnhancer offers two contribution options for your selection.
You may choose to pay your premium payments in 3 years or 5
years, depending on your personal financial needs. With 3-year
premium payments, the protection term will be 8 years; with 5-year
premium payments, the protection term will be 10 years. You may
match your premium payments to your individual financial
requirements.
Four Guaranteed Cash Coupons
SaveEnhancer offers four yearly guaranteed cash coupons,
amounting to 100% of your sum assured, paid out at the end of
the last four policy years. In other words, depending on your policy
term, you can get back your total premium contribution in four
policy years, starting from the end of Policy Year 5 (for 8-Year Policy
Term) or the end of Policy Year 7 (for 10-Year Policy Term).
You can spend them as you like, by receiving via cheque or direct
credit into your bank account. Alternatively, you can reinvest the
guaranteed cash coupons at a special rate1 and grow your savings
even further.
Depending on the policy term, the guaranteed cash coupons will be
paid according to the following schedule:
Added Value with Extra Bonuses
Besides the four Guaranteed Cash Coupons, SaveEnhancer offers
two additional non-guaranteed bonuses - Reversionary Bonus and
Terminal Bonus2 at the end of policy term.
Dual Protection for Peace of Mind
You cannot anticipate the unexpected, but we can help when the unexpected happens. SaveEnhancer offers coverage on death, accidental death and terminal illness. Should the life assured pass away during the policy term or become terminally ill, the death benefit will be payable. In the event of accidental death before the policy year where the life assured turns 65, in addition to the death benefit, an extra amount of accidental death benefit3 will be provided, in one lump sum.
Dual protection can safeguard your family against financial uncertainties in case of unexpected mishaps. You may refer to the below table for more details.
Calculation of Benefits:
* Accidental Death Benefit applies upon any accidental death before the Policy Year where Life Assured turns to 65 years old. It is also subject to a maximum limit of HK$1,000,000 per life for all SaveEnhancer Endowment Plan.
Example:
Assuming a 33-year old (at next birthday) female non-smoker purchases SaveEnhancer with a sum assured of HK$50,000. She chooses a policy term of 10 years. She pays an annual premium amount of HK$9,524 (rounded up to the nearest dollar).
During the last 4 years of her policy, from the end of Year 7 to policy maturity, she will receive yearly guaranteed cash coupons, amounting to 100% of her sum assured, of HK$50,000. At policy maturity, she could also potentially receive a lump sum bonus payout. Alternatively, if she chooses to reinvest her guaranteed cash coupons with Aviva Life Insurance Limited at a special rate1 until the end of the policy term, she could potentially receive a lump sum benefit of HK$62,736 (inclusive of projected accumulated non-guaranteed bonuses) at policy maturity.
| Remarks: |
| i) |
You will receive the payout for your final guaranteed cash coupon plus any non-guaranteed bonuses at the end of your policy term.
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| ii) |
The above example is for illustration only. The actual amount of premium contribution might vary from case to case. |
| iii) |
The non-guaranteed bonuses are only a projection and are not guaranteed. The actual values paid may change with the values being higher or lower than that illustrated depending on Aviva's investment yield, operating expenses, claims etc. |
Investing with Aviva
Aviva is a member company of Aviva plc, which is one of the
largest global insurers, one of the largest insurers in the UK,
one of the leading providers of life and pensions products
across Europe, one of the Fortune Global 500 companies
and has an AA- credit rating affirmed by Standard & Poor's
(as of 31 March 2009). With a 300-year history, Aviva plc is
an expert in long-term savings and fund management and
manages funds with USD552 billion (as of 31 December
2008).
Aviva plc operates in more than 27 countries with 54,000
employees and serves 50 million customers worldwide.
Plan for your future
Analyse your financial situation now
At DBS Bank, we are dedicated to assisting you in financial
planning for each step of your life. Whether it is your child's
education, your retirement or simply a protection plan for you
and your family, we can help you along the way. Visit any DBS
branch to arrange an appointment for a financial needs
analysis.
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