Etiqa, owned by Maybank Ageas Holdings Berhad, has launched AMBER by Etiqa. This new platform is a retirement ecosystem that complements the insurer’s range of financial solutions. It caters to savings and retirement planning with a more holistic approach to life in retirement.
3 in 10 Singaproeans are unsure how to begin with retirement planning. 3 in 10 are confident that CPF pay-outs can sustain their retirement lifestyle. Only 3 in 10 believe CPF pay-outs is sufficient to cover the potential medical costs of ageing. These are according to a recent retirement study conducted by Etiqa with YouGov in October 2020.
AMBER seeks to educate customers about the importance and process of planning for retirement, as well as to provide viable methods to finance of a longer, more active and more fulfilling one.
Etiqa’s retirement offerings include ePREMIER retirement. This retirement insurance savings plan provides a guaranteed monthly retirement income as well as the freedom to choose one’s preferred retirement age and premium term. Etiqa is also launching another retirement product. It will provide coverage for age-related illnesses, and flexible retirement income options for policyholders.
The retirement ecosystem presents retirement-related information and services. Amber Adviser is a matching service to connect customers to available local service providers based on the unique needs from nursing homes, caregiving and nursing care to professional services such as physiotherapy and dental care. AMBER members enjoy member rates on any services booked through the platform.
AMBER also features an itinerary of diverse curated activities, including arts and crafts workshops, and yoga and fitness sessions. Member rates are available for all curated activities.
Gain access to exclusive promotions, gifts and platform privileges. Etiqa continues to expand this to offer new features and services towards the end of the year.
As part of the launch campaign, the first 150 customer to register between 6 May and 31 July 2021 will enjoy free credits of AMBER Dollars worth S$100 to spend on AMBER Retirement Ecosystem services, and Etiqa eWallet credits worth S$50 when they purchase Etiqa’s retirement plan.