Etiqa’s ELASTIQ and SAVE3?

[Utonian]

What is the referral benefit?

referrer get $50
referree get 0.5% of the initial amount as credit which can be use to buy policy (i used mine to buy travel insurance)

 

[oceanicmanta]

Elastic 1.8% Referral Perks

For clarity & transparency, say for 10k placement ...

1) via PolicyPal using PolicyPal Referral Code

Referee gets $20 rebate + $50 Tiq$ (en-cashable)

Referrer gets P$10 (not en-cashable)

https://www.policypal.com/endowment-insurance/flow/tiq/elastiq


2) buy from Etiqa with Etiqa Referral Code

Referee gets 0.5% premium rebate ie $50 in eWallet credits.

This is non-encashable. Can use to buy Etiqa General Insurance ie Travel, Home, Maid)

Referrer gets $50 Tiq$ (encashable)

https://www.tiq.com.sg/promotion/for-elastiq-referral-program/

https://www.tiq.com.sg/promotion/save-smart-promotion/

 

[hazy75]

For Elastiq policy,can i top up more than 50K?what will be interest for my adhoc top up amount?Any lock in period before i can withdrawl my top up amount?

 

[Utonian]

For Elastiq policy,can i top up more than 50K?what will be interest for my adhoc top up amount?Any lock in period before i can withdrawl my top up amount?

Assume you asking if you can top up 50k in one transaction? That depends on your limit set for your DBS/POSB account. If got sufficient limit, no issue.

When performing the top up it will show the current rate (currently stable at 1.8% as shared for others). As long as you account is past the initial 90 days, no other lock in that i know of

 

[Twinsen]

Anyone can advise what is withdrawal limit? Thanks

 

[Utonian]

Anyone can advise what is withdrawal limit? Thanks

Hi, there is a 50k per day withdrawal limit.
i broke my withdrawal into 2 days before

 

[Twinsen]

Thanks bro!

 

[xxxjhxxx]

for elastiq, you all not worried about the clause that says it may delay your withdrawal but up to 6 months? that defeats the purpose of using this as a liquid account

 

[Twinsen]

I believe that only applies if you surrender whole policy... not for partial withdrawals.

 

[lifeafter41]

for elastiq, you all not worried about the clause that says it may delay your withdrawal but up to 6 months? that defeats the purpose of using this as a liquid account

Just curious why they need to delay......
And it’s 6 months.....

Normally payout is settled within a month
Strange?

 

[Utonian]

Just curious why they need to delay......
And it’s 6 months.....

Normally payout is settled within a month
Strange?

i guess the clause is there to cover backside. when they take out deposits, they also need to invest into some other things to get returns which is less liquid.
In case something happen and everyone panic withdraw, they need buffer time (though 6mth sounds long)

so far all my withdrawal and top ups all immediate

 

[xxxjhxxx]

i guess the clause is there to cover backside. when they take out deposits, they also need to invest into some other things to get returns which is less liquid.
In case something happen and everyone panic withdraw, they need buffer time (though 6mth sounds long)

so far all my withdrawal and top ups all immediate

By immediate for withdrawal means they transfer via FAST?

 

[Utonian]

By immediate for withdrawal means they transfer via FAST?

either
1) paynow to your account (registered with NRIC)
2) Fast to DBS/POSB account

 

[rkesin]

Anyone got a referral code for ELASTIQ?

 

[Utonian]

Anyone got a referral code for ELASTIQ?

Hi, i have pm'ed you

 

[rkesin]

Does anyone have any experience in how long the eWallet credits take to get credited for the referee?

I know the website says within 6 weeks after the 14 day freelook period. But what’s the actual timing for people thatve done it? Thanks

 

[iloveapples]

Does anyone have any experience in how long the eWallet credits take to get credited for the referee?

I know the website says within 6 weeks after the 14 day freelook period. But what’s the actual timing for people thatve done it? Thanks

I received mine 4 weeks after the 14 day freelook period.

 

[rkesin]

I received mine 4 weeks after the 14 day freelook period.

Thank you for your response!

 

[yknyong1]

Anyone got a referral code for ELASTIQ? Especially policypal ones

 

[Utonian]

Anyone got a referral code for ELASTIQ? Especially policypal ones

Hi, i have pm'ed you