Etiqa Insurance Singapore, a prominent life and general insurer, proudly presents Tiq CashSaver, a capital-guaranteed at maturity endowment plan. Designed to meet the financial needs of young families and working adults, it offers comprehensive protection and the flexibility to adapt to evolving financial landscapes. Available online through Tiq by Etiqa, this plan encourages regular saving for short to medium term goals.
Addressing financial challenges
With living costs and inflation rates soaring up to 4.8%, saving money has become increasingly difficult. According to Etiqa’s 2023 Financial Fitness Survey, which polled 1,000 Millennials and Gen Zs, only 41% of respondents consistently save monthly. High living expenses and personal indulgences often deter many from prioritising savings.
According to the Basic Financial Planning Guide developed by the Monetary Authority of Singapore (MAS) and MoneySense, one should invest at least 10% of their take-home pay.
Esta historia es de la edición Issue No. 23 de Insurance Asia.
Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 9,000 revistas y periódicos.
Ya eres suscriptor ? Conectar
Esta historia es de la edición Issue No. 23 de Insurance Asia.
Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 9,000 revistas y periódicos.
Ya eres suscriptor? Conectar
Poor Tech Locks Insurers Into Outdated Systems
Only 56% of local insurance companies in Indonesia use IT, and 38% have not embraced digital marketing channels.
What Insurers Must Do To Withstand Market Shifts
Whilst the market drives towards growth, new rules shrink insurer presence.
EDUARD SARGSYAN
Intelligent decisioning: The essential element of a modern, customer-centric insurance business
One by MetLife app sets new standard in Nepal
With its user-friendly interface and comprehensive services, the app empowers users to take control of their health and financial futures.
Simplifying health and retirement planning
360Health and 360Future provide comprehensive, personalized support for physical, mental, and financial wellbeing, from preventative care to post-retirement life management.
Cocogen remains committed, compassionate, and genuine amidst insurance innovations
The company was recognised at Insurance Asia Awards 2024 for its commitment to innovation and customer service.
Cathay Life insurance strongly supports anti-drug, anti-fraud initiatives
Cathay Life Insurance secured the ESG Initiative of the Year - Taiwan win at the Insurance Asia Awards 2024 by creating an anti-drug and anti-fraud safety net for all age groups.
Etiqa Insurance launches Tiq CashSaver: A simple solution for short- to medium-term savings
Tiq CashSaver by Etiqa Insurance offers flexible, accessible endowment plans to build one's financial security and achieve short-term goals.
Great Eastern grooming financial representatives to become the industry's best
This dedication has helped the company produce top-tier financial representatives who are well-equipped to serve clients and excel in their careers.
Dai-ichi Life Insurance Myanmar has been recognised for Insurance Initiative of the Year 2024
With a robust expansion strategy, innovative financial solutions, and a commitment to community wellbeing, the company is strengthening Myanmar's insurance sector.
