Savings Plans
Savings plans are for goals where certainty matters more than chasing the highest return — a down payment, a wedding, or simply a guaranteed nest egg. They combine life cover with a structured, often guaranteed, build-up so you know broadly what you’ll receive and when, without exposure to market swings.
Who it’s for
- Conservative savers who prioritise certainty
- Those targeting a specific amount on a specific date
- People who want guaranteed elements with life cover
- Anyone building a disciplined, low-volatility corpus
Quick reference
- Primary goal
- Guaranteed goal funding
- Horizon
- Medium to long term
- Risk profile
- Low (non-linked)
- Life cover
- Moderate
- Payout
- Guaranteed maturity / periodic income
- Tax treatment
- As per prevailing tax law
Key benefits
Guaranteed elements
Defined benefits on maturity and/or death, giving clarity for must-meet goals (plan dependent).
Life cover included
Protection runs alongside your savings, so the goal is secured even on an early claim.
Low volatility
Non-market-linked structure shields the corpus from equity ups and downs.
Flexible payout timing
Lump-sum maturity or periodic income (money-back style) options, by variant.
Key features
- Guaranteed additions / bonuses (as specified by the plan)
- Limited or regular premium-paying terms
- Maturity, money-back and income variants
- Life cover throughout the policy term
- Predictable, goal-aligned outcomes
Savings Plans — your questions, answered
Many savings plans include guaranteed components, while some also add non-guaranteed bonuses that depend on the insurer. We’ll separate the guaranteed from the variable so you have a clear picture.
Explore other solutions
Is Savings Plans right for you?
Let’s check it against your full picture — honestly, and at your pace. The first conversation is free.
This website is an informational and lead-generation platform. Insurance products are offered subject to eligibility and applicable terms & conditions. Please read the relevant policy brochure / prospectus and verify suitability before purchase. Tax benefits are subject to prevailing tax laws and may change.