China Taiping's i-Save 1.6% p.a.

Guaranteed Return & Capital Guaranteed

Jan 2021 tranche - CLOSING SOON

Returns are higher than SSB & Fixed Deposits!

i-Save Jan 2021

This is the single premium amount that you will invest into this plan.

Pay by:

We recommend that you pay through Internet Banking due to the COVID19 situation. However, cheque and cashier's order modes of payment remain available.

Details on the Cheque payment methods will also be emailed to you. 
Method 1: Cheques can be submitted at: 
China Taiping: Life Insurance Mailbox at Level 2
3 Anson Road, Springleaf Tower 
Singapore 079909

Method 2: Cheque can be mailed via postal service to:
China Taiping Insurance Singapore 
3 Anson Road 
#18-00 Springleaf Tower 
Singapore 079909

Your policy number will be emailed to you in 1-2 working days. You can proceed to make payment via bank transfer after you have received your policy number as this will need to be quoted as a payment reference number.   

* For Bank Transfer, Funds are to be paid out of an account held in your name (i.e. the policyholder).

Details on the Cashier's Order (CO) payment methods will also be emailed to you. 
Method 1: COs can be submitted at: 
China Taiping: Life Insurance Mailbox at Level 2
3 Anson Road, Springleaf Tower 
Singapore 079909

Method 2: COs can be mailed via postal service to:
China Taiping Insurance Singapore 
3 Anson Road 
#18-00 Springleaf Tower 
Singapore 079909

The Cashier's Order Application Form must be submitted together with the Cashier's Order.

Email Address
Handphone No. (8 digit of your phone no)
First Name As In NRIC
Last Name As In NRIC
NRIC Number
Date of Birth
Block Number
Unit Number
Street/Building Name
Postal Code
Are you currently residing in Singapore?
Have you resided outside of Singapore continuously for 5 years or more preceding the date of this application?
Have you resided in Singapore for 183 days or more in the last 12 months preceding this application?
Do you have a pass that has a duration longer than 90 days and have you been residing in Singapore for 90 days or more in the last 12 months preceding this application?
Are you solely a tax resident of Singapore?
Are you a U.S. Person / Person with a U.S. Indicia?
Tax Identification Number
Nature of Work
Name of Employer
Nature of Business
Annual Income S$
Block Number of Employer
Unit Number of Employer
Street / Building Name of Employer
Postal Code of Employer
Nature of Work in Previous Occupation
Previous Occupation
Last Drawn Annual Income S$
Are you a smoker?

Are you the Payor for this policy?

Payor Contact Number
First Name of Payor
Last Name of Payor
Payor NRIC
Date of Birth of Payor
Annual Income of Payor
Payor Source of Wealth
Reason for Third Party Payment
Receive Maturity Payout by:

Name of Bank and Branch
Bank Account Number
Name of Account Holder



I confirm that I am solely a tax resident of Singapore and do not have a foreign tax residency. My Singapore TIN is my NRIC or FIN. I am not currently residing outside Singapore and have not resided outside Singapore for 5 or more years. For PRs: I have been residing in Singapore for 183 days or more in the last 12 months preceding the date of this application.

I am not a Politically Exposed Person (PEP).

I am not currently applying for any other Life Insurance policies and I do not intend to replace any of my existing policies with this policy.

I would not like my dependant(s) to be taken into consideration for the needs analysis and recommendation(s).

I wish to receive product advice only and do not need my other insurance plans to be considered for needs analysis.

My financial priority is short-term savings. I prefer fixed income, capital guaranteed products. The return is within my expectations.

I tend to be conservative and would sell my investments to preserve cash in a short-term decline and I am uncomfortable with any loss of capital.

Capital preservation is my priority and my investment time frame is less than 5 years.

There are no events that will affect my financial condition in the next 12 months. I am not an undischarged bankrupt.

I understand that my personal data will be used and transfered to InsureDIY Pte Ltd in accordance with the Privacy Policy, although I understand that InsureDIY Pte Ltd acknowledges that I may opt out of the use of my personal data for direct marketing purposes by indicating as such to [email protected].

InsureDIY Pte Ltd and its affiliated companies would like to send me information on relevant products and services that may be of interest to me. Often, InsureDIY Pte Ltd or its affiliated companies are able to notify me on promotional prices that will give me good value. I agree to InsureDIY Pte Ltd and their affiliated companies using my personal data (email, telephone number and postal address) for direct marketing of products and services as set out in their Privacy Policy.

Do you agree to the declaration above
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Key features for
China Taiping's i-Save 1.6% p.a. 
Jan 2021 tranche - Closing soon. Apply now!


Guaranteed Returns

1.6% p.a. Returns & Capital Guaranteed

Capital Guaranteed


Covered by SDIC

3 year term

3-Year Term


InsureDIY Capital Plus Promotions

InsureDIY i-Save Promo. Up to DIY$60

InsureDIY Online Application


Why Apply for i-Save

China Taiping's i-Save gives 1.6% p.a., much higher than Singapore Savings Bonds and Fixed Deposits! The plan is capital guaranteed and please see the SDIC protection under FAQ Q8.

Interest rates have been falling over the past few months. SSB was 1.52% in early Jan 2020 and is now 0.32%. Fixed deposits are only at 0.05% - 1%. So apply for i-Save and lock in your 1.6% rate now!

InsureDIY is the only adviser platform offering China Taiping's i-Save with an online process. You will be able to apply and transfer the premium to China Taiping all from the comfort of your own home.

The i-Save Jan 2021 tranche is almost full. If you are keen, please do apply now.

Have a question you need answered?

Email us (best way to reach us): [email protected]

WhatsApp us: +65 9151 5963 (Mon to Fri: 9am - 5pm)

Call us: +65 3138 6784 (Mon to Fri: 9am - 5pm)

i-Save Jan 2021 Promotion

Each DIY$ is worth $1 and can be exchanged for vouchers including InsureDIY vouchers, NTUC Fairprice and Cold Storage vouchers. Or cash out at DIY$500! Check out our rewards catalogue here.

Single Premium Amount Get DIY$*
$500,000 and above DIY$60
$200,000 and $499,999 DIY$25
$100,000 to $199,999 DIY$20
$50,000 to $99,999 DIY$10
$30,000 to $49,999 DIY$5

You can now also use your existing DIY$ to get cash rebates on i-Save and get 25% boost up** on your points!

Redeem Cash Rebate
DIY$8 $10
DIY$40 $50
DIY$80 $100


Total premiums will be aggregated across policies if you are applying for multiple i-Save policies.
* DIY$ will be awarded to both new and existing InsureDIY users upon sucessful application of i-Save 30 days after the policy commences.
** only available for users who have existing DIY$ excluding the DIY$ awarded for i-Save Jan 2021.

i-save green leaf image

Referral Program

i-Save is also eligible for the Refer a Friend program. Refer your friends and family for i-Save and get DIY$10 for each referral.

DIY$ can be exchanged for vouchers including InsureDIY vouchers, NTUC Fairprice and Cold Storage vouchers. Check out our rewards catalogue here.

How to refer:
Simply ask your friend to select "Referral" during the application process and key in your email address or referral code when they apply for i-Save here

Referral Reward
DIY$10 each

* Only applicable if your friend has not bought any insurance policy through InsureDIY before. DIY$ will only be awarded after your friend's free-look period.

China Taiping logo

i-Save Jan 2021 Details

China Taiping's i-Save is a 3-year single premium plan that provides a guaranteed return of 1.6% p.a.. The return is higher than the 0.32% p.a. returns provided by Singapore Savings Bonds and fixed deposit rates of 0.05% - 1% p.a..

In addition to the guaranteed return at the end of 3 years, China Taiping's i-Save also includes an additional 5% Death benefit cover from the second year. 

China Taiping's Jan 2021 i-Save Product Illustration  

End of Policy Year Basic Premiums
Paid to Date (S$)
Death Benefit Surrender Value
Guaranteed(S$) Guaranteed(S$)
1 10,000 10,000 9,000
2 10,000 10,500 9,500
3 10,000 10,500 9,750
3 10,000 Maturity Value
China Taiping logo

Here are some common questions
about China Taiping's i-Save Plan

1. Is there any difference between buying China Taiping's i-Save through InsureDIY or from other distributors?

InsureDIY is distributing the same product as with other distributors. However, we are offering exclusive promotions on i-Save that are not available anywhere else. We are also the only distributor to offer an online application process. So you will get more value through our promo and you also save time!  Apply now through InsureDIY and be the first in line for this limited tranche product


2. What is the minimum and maximum premium size for China Taiping's i-Save?

The minimum premium size for China Taiping's i-Save is S$30,000. The maximum single premium per insured is S$1,000,000.


3. What are the minimum and maximum ages for China Taiping's i-Save?

Insureds from ages 1 to 18 age next birthday can apply with their parent as the policyholder and themselves as life assured.

Insureds from ages 19 to 80 age next birthday are eligible to apply for China Taiping i-Save.


4. Is there a limit to the number of policies one may purchase?

No, there is no limit. Multiple policies are allowed under the same life insured, subject to a maximum aggregate single premium of S$1,000,000 per tranche.


5. If I am a foreigner, can I apply for China Taiping's i-Save?

Yes. However, you must be residing in Singapore at the time of application with a valid pass that has a minimum validity period of 6 months from the proposal signed date. Foreigners from sanctioned countries however, will be turned down. 


6. What are the acceptable source of funds for China's Taiping i-Save?

The Single Premium payment can be made via Internet Banking, Cheque or Cashier's Order only, payable to "China Taiping".

If submitting a Cashier's Order, please submit a copy of cashier’s order application form or a copy of the debit advice showing the payer’s details. 


7. Can I use my SRS funds to apply for China Taiping's i-Save?

No, SRS funds cannot be used for i-Save. The Single Premium payment has to be made via Cheque or Cashier's Order. 


8. Is China Taiping's i-Save covered by SDIC?

The coverage is subject to a maximum of S$500,000 for the aggregated guaranteed sum assured and S$100,000 for the aggregated guaranteed surrender value per life assured per insurer.​

InsureDIY is a Broker licensed by the Monetary Authority of Singapore and is an Exempt Financial Adviser. This advertisement has not been reviewed by the Monetary Authority of Singapore.