[Money tips] Grow your money in a safe and savvy way with insurance protection at the same time Dash PET and Dash PET Plus 

[Money tips] Grow your money in a unscratched and savvy way with insurance protection at the same time - Dash PET and Dash PET Plus  - Alvinology

Does growing your savings effortlessly (read: highest interest rates**) with self-ruling insurance at the same time sound appealing? 

Dash PET, an insurance savings plan from Singtel Dash and Etiqa Insurance provides you all that and more.

Whether you are just starting out on your financial journey or a savvy saver looking for increasingly ways to diversify and grow your wealth, Dash PET, the vital version, or Dash PET Plus, the upgraded version which offers the potential of higher returns and higher insurance coverage, can meet your needs.  

Here’s the lowdown of their key benefits to help you decide.

Dash PET: Insurance savings plan

Your wanted is guaranteed

You are guaranteed to get the value you put into Dash PET back. Stay carefree without worrying well-nigh market fluctuations and sleep peacefully knowing that your money is safe, expressly as Dash PET is protected by the Singapore Petrifaction Insurance Corporation (SDIC).

Best** interest rates

You enjoy the generous 1.5%*^ p.a. for any value you put in starting from the minimum S$50 to S$10,000 by vitalizing the self-ruling insurance coverage for Death & Total and Permanent Disability^ in the Dash App. 

If you segregate not to vivify the self-ruling insurance, you’ll still get 1.3%* p.a. for your first S$10,000, which is considered very lulu for a guaranteed wanted product with no lock-in period. 

Start with S$50

Did I once mention that you can unshut a Dash PET worth with just S$50? Great for those who may not have large sums at the ready. There is moreover no fall-below penalty to worry about, or any other spending criteria to meet. However, do note that you need a minimum of S$50 in your Dash PET to earn interest. 

100% flexibility

Unlike other financial products which require you to lock-in your money for a unrepealable time period to enjoy competitive interest rates, Dash PET allows you to withdraw your money unendingly with no penalty, giving you 100% flexibility. 

Free COVID-19 coverage (for as long as your worth is active) and up to S$50,000^ self-ruling life protection (for your first Dash PET policy year)

Dash PET offers free COVID-19 coverage (including vaccine side effects) for as long as you alimony your Dash PET worth zippy (defined by having a minimum wastefulness of S$50). This COVID-19 coverage is granted automatically once you sign up for Dash PET, there is no uneaten whoopee needed from you. 

In addition, Dash PET offers free first-year insurance coverage up to 5X of worth value (cap at S$50,000) for Death & Total and Permanent Disability, or Willy-nilly Death (if user is not eligible for the former). To get this self-ruling protection, just vivify the self-ruling protection, which is hands washed-up within the Dash app. 

Enjoy higher interest rates when you vivify increasingly protection 

Those looking for spare insurance coverage can vivify any of the three add-on protection plans that Dash PET provides for coverage of up to S$100,000 per plan: 

  • Major Cancer: Covers hair-trigger stage cancers, including leukemia, lymphoma and sarcoma
  • Accidental Death: Lump sum payment in the event of willy-nilly death
  • Death & Total and Permanent Disability: Provides lump sum payment in the event of death or inability to perform three out of six Activities of Daily Living (ADL).

Premiums start as low as 2 cents a day (based on the profile of a 17-year-old sexuality non-smoker). Your word-for-word profile will be generated without you fill in questions on your vital information and lifestyle within the Dash app.

For each plan you add on, you will earn spare interest of up to 0.25%# p.a. on your first S$10,000 savings. Bonus returns are stackable; Enjoy up to a total of 2.25%*^# p.a. for your first S$10,000 savings.  

[Money tips] Grow your money in a unscratched and savvy way with insurance protection at the same time - Dash PET and Dash PET Plus  - Alvinology

Here’s how: 

Base interest rate:1.3%* p.a.
Free coverage for Death & Total and Permanent Disability^:0.2%^ p.a.
Major Cancer add-on protection:Up to 0.25%# p.a.
Death & Total and Permanent Disability add-on protection:Up to 0.25%# p.a.
Accidental Death add-on protection:Up to 0.25%# p.a.
Total earnings (p.a.)
Applicable to the first S$10,000 of savings
Up to 2.25%*^# p.a.

Find our increasingly details here. 

Assuming you save a resulting wastefulness of S$10,000 with Dash PET, vivify all three add-on protection plans, and are eligible for the maximum 0.25% p.a. spare interest for all 3 add-ons, without a year you would have gained S$75 in interest, which can pay for a nice indulgent meal. Buffet dinner anyone?  

Dash PET Plus: Investment-linked Plan (ILP) with potentially higher returns

If you areseeking potentially higher returns vastitude saving with Dash PET, this may be for you. Dash PET Plus is an add-on Investment-linked plan (ILP) built on Dash PET to grow your wealth through investments. Earn 2.16% p.a.1 with Dash PET Plus from just S$1,000! 

This is an easy and stress-free way to invest as you can just leave it to the professionals. The underlying funds within the ILP are managed by UOB Asset Management (UOBAM) which aims for stable, long term returns that may potentially write-up the wiring plan rates. The management tuition is low at 0.75% p.a. of your Dash PET Plus worth value.

You have full flexibility to top up, reinvest your dividends or mazuma it out (to your Dash PET account) anytime. 

Dash PET Plus is an option to diversify and grow your money while still holding on to the wanted guaranteed Dash PET monies. Do note that this is still considered an investment, and your wanted and returns are not guaranteed. There is moreover Death Goody and Terminal Illness, where the maximum volume payable for Terminal Illness is S$5 million per life insured for all policies and riders issued by Etiqa. 

Get increasingly info here

Sign up for Dash PET with $10 cashback code

Signing up for Dash PET is super easy.  Download the Singtel Dash app if you don’t once have it, click on ‘Grow Money’ tile, and fill up the using form. Android users can download the app the app here. World users can download the app here

[Money tips] Grow your money in a unscratched and savvy way with insurance protection at the same time - Dash PET and Dash PET Plus  - Alvinology

Next, vivify the worth by transferring a minimum of S$50 into it. You can do it via Dash Wallet, PayNow, or Internet financial (eNets).

The whole process is seamless and washed-up in minutes. The interface and subtitle on the app was user-friendly and easy to understand. Nonetheless, should you require any remoter clarifications, help is just a WhatsApp yonder for both Dash and Etiqa consumer care. 

Promotion


Earn cashback and bonus units


From now till 30 September 2022, sign up and save with Dash PET and get up to S$10!

– Save S$1,000 to S$2,999: S$1 in Dash credit
– Save S$3,000 to S$4,999: S$5 in Dash credit
– Save S$5,000 & more: S$10 in Dash credit

For those of you who moreover sign up for Dash PET Plus, here’s what you stand to get when you make your first premium payment:

– S$1,000 – S$4,999 premium: S$20 in Dash credit
– S$5,000 – S$99,999 premium: S$40 in Dash credit PLUS
additional 1% bonus units into Dash PET Plus account

Use our referral code ALXDASH when you sign up for the app and get $10 cashback! T&Cs apply.

Know someone who would goody from higher interest rates on their savings and get self-ruling insurance coverage at the same time? Share this vendible with them.

Disclaimers:

Dash PET Save & Earn Promotion: Valid till 30 Sep 2022. View full promotional terms and conditions.

**Best rates of return are in comparison with similar digital insurance savings plans misogynist for subscription. Information as at 9 September 2021. This comparison does not include information on all similar products. Etiqa Insurance does not guarantee that all aspects of the products have been illustrated. You may wish to self-mastery your own comparison for products that are listed in www.comparefirst.sg. 

*For the first S$10,000 Worth Value: 1.3% p.a. for the first policy year. For whilom first S$10,000 Worth Value: 0.3% p.a. for the first policy year. Crediting rates are non-guaranteed.

^Additional 0.2% p.a. interest applies to the first S$10,000 worth value of your zippy Dash PET policy during the first policy year while the complimentary protection is active. Complimentary protection sum unpreventable is based on up to 5X of the first S$10,000 of your Dash PET Worth Value. Complimentary Willy-nilly Death coverage will be offered for the same sum elapsing if you are not eligible for this add-on protection. Sum unpreventable will be based on your age and occupation.

#Additional interests of up to 0.25% p.a. from each zingy payable add-on protection applies to the first S$10,000 worth value of the zippy Dash PET policy.

Dash PET is not a wall worth or a stock-still deposit. It is an insurance savings plan that earns a crediting interest rate. This policy is underwritten by Etiqa Insurance Pte. Ltd. (Company Reg. No. 201331905K). This content is for reference only and is not a contract of insurance. Full details of the policy terms and conditions can be found in the policy contract. Protected up to specified limits by SDIC. As ownership a life insurance policy is a long-term commitment, an early termination of the policy usually involves upper financing and the surrender value, if any, that is payable to you may be zero or less than the total premiums paid. You should seek translating from a financial tipster surpassing deciding to purchase the policy. If you segregate not to seek advice, you should consider if the policy is suitable for you. This telecast has not been reviewed by the Monetary Authority of Singapore. Information is well-judged as at 1 June 2022.

Dash PET Plus is an Investment-linked Plan (ILP) which invest in ILP sub-fund(s). Investments in this plan are subject to investment risks including the possible loss of the principal value invested. The performance of the ILP sub-fund(s) is not guaranteed and the value of the units in the ILP sub-fund(s) and the income accruing to the units, if any, may fall or rise. Past performance is not necessarily indicative of the future performance of the ILP sub-fund(s).

A product summary and product highlights sheet(s) relating to the ILP sub-fund(s) are misogynist and may be obtained from us via https://www.tiq.com.sg/dash-pet-plus-portfolio-funds/. A potential investor should read the product summary and product highlights sheet(s) surpassing deciding whether to subscribe for units in the ILP sub-fund(s).

1 Source: UOB Asset Management

The portfolio tableau is based on historical returns of the underlying funds over the period mentioned. Returns are calculated on 3 years rolling monthly data on a NAV-to-NAV basis, with all dividends and distributions reinvested (net of reinvestment charges). Which is based from 2004 to 2022 for the United Singapore Bond Fund, with an stereotype of 3.52%, and from 2018 to 2022 for the United SGD Money Market Fund, with an stereotype of 0.80%. Minimum and maximum values are the minimum and maximum returns for 1 year over a 3 year period. Returns are as at 31 March 2022. Past performance is not a guarantee for future returns. Surpassing investing, investors should thoughtfully consider investment objectives, risks, charges and expenses, and if need be, seek self-sustaining professional advice.