GIGANTIQ Guaranteed Return of 2% per annum

GIGANTIC Limited Tranche

GIGANTIQ is a single premium, yearly renewable, non-participating universal life plan by Etiqa that gives you a guaranteed return of 2.0% per annum on your first S$10,000 for the first year. Any amount above S$10,000 earns you 1.0% per annum for the first year.

The insurance plan offers the financial flexibility, opportunity for wealth accumulation and the assurance of life insurance coverage through providing death benefit.

The minimum amount you need to get started is just S$50. In my opinion, GIGANTIQ is pretty much similar to Dash EasyEarn except that Dash EasyEarn is only for Dash users.

Insurance Benefits

Since this is an insurance plan, you enjoy insurance coverage in the event of Death with a death benefit of 105% of your account value.

Wondering how much interest you can earn with GIGANTIC?

Based on the minimal deposit of S$50 and 2.0% p.a., you will receive a return of S$1 for the first year.  If you can folk out S$10,000 to deposit with GIGANTIC, you will receive a return of S$200 for the first year.

GIGANTIC versus Dash EasyEarn versus Singlife Account

All the following 3 insurance plans look similar with only differences in their minimum investment amount and return rates. If you ask me, I will max out S$10,000 to earn that 2.5% returns with Singlife Account and opt for either GIGANTIC or Dash EasyEarn for any balances I have.

  GIGANTIC Dash EasyEarn Singlife Account
Lock In Period No No No
Minimum investment amount S$50 S$2,000 S$500
Return rate per annum 2.0% per annum on your first S$10,000 for the first year

1.0% for amounts above S$10,000 for the first year

 2.0% p.a. return for the first year (Guaranteed 1.5% p.a. + 0.5% p.a. bonus for first policy year, available on a first come, first served basis) 2.5% for first S$10,000
1.0% for next S$90,000

At A Glance

Here is a quick summary of what GIGANTIC offers.

GIGANTIC At A Glance

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