Tiq by Etiqa Insurance‘s GIGANTIQ features a base interest of 1.8% per annum, cumulative with activation of each on-demand coverage. 1% per annum is guaranteed while the 0.8% per annum bonus is for the first policy year. This all-in-one insurance savings plan with optional protection riders deviates from traditional products. It is also not a bank account or a fixed deposit.
GIGANTIQ is affordable and accessible to the wider market with a minimum initial premium of S$50. GIGANTIQ is capital guaranteed and you can withdraw your money anytime.
Add on insurance coverage such as cancer or home protection on-the-go and enjoy an additional interest of up to 0.25% per annum on the first S$10,000 for each of the selected life or general insurance products offered as supplementary coverage under GIGANTIQ.
Customers will not need to manage multiple insurance products from different insurers for various needs. This product allows for hassle-free purchases and policy management in a single mobile app.
The overwhelming support for GIGANTIQsince our launch is a humbling experience. This further affirms Etiqa’s commitment to create innovative insurance products that not only protect individuals and their loved ones, but also empower them in their journey towards personal financial and protection goals. With GIGANTIQ, customers can take control of their future while enjoying instant benefits such as cumulative interest and flexible insurance protection, which they can switch on and off based on their needs.Raymond Ong, CEO of Etiqa Insurance Singapore