Dash PET

[MastersIT]

Why are insurance companies so disgusting? Has been weeks and weeks, still refused to allow app surrender.

Dont ever use Etiqa as your insurance policy. It is unethical.



Are they forcing a two step process, of an antiquated system?

Familiar notice.
You know huh, termination confirmed last week (some days after surrender), and till now Etiqa still not yet NRIC PayNow me the balance $1+

Maybe it's 5 work days from policy termination confirmation, not the date I surrender policy
Shake head till 'hinn'

 

[AlvinDj]

Familiar notice.
You know huh, termination confirmed last week (some days after surrender), and till now Etiqa still not yet NRIC PayNow me the balance $1+

Maybe it's 5 work days from policy termination confirmation, not the date I surrender policy
Shake head till 'hinn'

Which email you sent for manual surrendering ?

 

[ekardo]

Contact etiqa on WhatsApp and they will guide you.

 

[AlvinDj]

Contact etiqa on WhatsApp and they will guide you.

Both hotline and whatsapp directed me to surrender via DASH's pet.. Saying that is the only way / option to do so..

 

[MastersIT]

Which email you sent for manual surrendering ?

I called Etiqa hotline and said I want to manual surrender coz APP got issue.

Both hotline and whatsapp directed me to surrender via DASH's pet.. Saying that is the only way / option to do so..

Based on my first call about 3 weeks ago, I was told can manual surrender or use APP (DashPet). Din tell me only one option.

 

[ekardo]

Both hotline and whatsapp directed me to surrender via DASH's pet.. Saying that is the only way / option to do so..

funny..cos my dashpet was surrender via manual way...

 

[littlenini]

Hi can I ask if surrender policy in the middle of the month, will I get the floating interest back as well? Or is better to wait until interest is in on the 1st of the month then surrender? Thank u in adv

 

[reddevil0728]

Hi can I ask if surrender policy in the middle of the month, will I get the floating interest back as well? Or is better to wait until interest is in on the 1st of the month then surrender? Thank u in adv

Will get
Before u confirm to surrender should say

 

[littlenini]

Will get
Before u confirm to surrender should say

Have try to click surrender, it brought me to the next page showing the amount and the option for withdrawal. Unfortunately the amount doesn’t include the floating interest. Guess have to wait till 1st of the month

 

[heng_ah]

Hi can I ask if surrender policy in the middle of the month, will I get the floating interest back as well? Or is better to wait until interest is in on the 1st of the month then surrender? Thank u in adv

I did mine at the middle and got everything back

 

[littlenini]

I did mine at the middle and got everything back

Weird when I am at the preview page before the submission , I can’t see my floating interest included. Will just wait for another two more weeks. Thank u for the reply and info

 

[blueboat]

Anyone keen on the additional interest rate? https://www.etiqa.com.sg/guaranteedloyaltyreward

It is extra 1.8%

 

[reddevil0728]

Anyone keen on the additional interest rate? https://www.etiqa.com.sg/guaranteedloyaltyreward

It is extra 1.8%

so what is the total effective yield and what are the terms?

If it is worse than other vehicle, then not worth right?

 

[blueboat]

For me, my current rate is 1.5% and with the 1.8% bonus, it will be 3.3%.

However, the terms are to hold it for 1 year without any withdrawal.

 

[reddevil0728]

For me, my current rate is 1.5% and with the 1.8% bonus, it will be 3.3%.

However, the terms are to hold it for 1 year without any withdrawal.

right. so is like a 1y FD of 3.3%

 

[DenOOO]

For me, my current rate is 1.5% and with the 1.8% bonus, it will be 3.3%.

However, the terms are to hold it for 1 year without any withdrawal.

Higher than FDs, no harm keeping and pump to the max.

Even if FDs or others become higher than 3.3%, can just terminate this and head over there.

 

[DenOOO]

This clause important.

*Please note only Dash PET policies that are incepted between 8th February 2021 and 11th August 2022 will be eligible for the Guaranteed Loyalty Reward.

 

[Reznik]

For me, my current rate is 1.5% and with the 1.8% bonus, it will be 3.3%.

However, the terms are to hold it for 1 year without any withdrawal.

Higher than FDs, no harm keeping and pump to the max.

Even if FDs or others become higher than 3.3%, can just terminate this and head over there.

What if your policy started Feb 2022? You will stop getting the 1.5% base interest rate in Feb 2023 right.
So end up only getting 1.8% between Mar - Oct 2023

 

[DenOOO]

What if your policy started Feb 2022? You will stop getting the 1.5% base interest rate in Feb 2023 right.
So end up only getting 1.8% between Mar - Oct 2023

Then you will have to calculate the EIR.

 

[Goodintentions]

What if your policy started Feb 2022? You will stop getting the 1.5% base interest rate in Feb 2023 right.
So end up only getting 1.8% between Mar - Oct 2023

Looking at past comments for people whose policy already more than the 1 year guaranteed, their base rate is 0.7%. Going forward in today's environment, maybe base rate might be higher after 1 year to retain people to stay. Who knows?