Etiqa Enrich Income - Isaac Fang CFA, ChFC, CFP Etiqa Enrich Income - Isaac Fang CFA, ChFC, CFP
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Etiqa Enrich Income

Etiqa Enrich Income 1intro

Etiqa Enrich Income is a participating whole life insurance plan that provides monthly income at the end of each month after the premium payment term.

The plan has nuggets of flexibility features which you have to refer to actual policy terms and conditions. They include:

  • Choosing to receive the monthly income or reinvest it with Etiqa at a non-guaranteed interest rate. You may withdraw the monthly income deposits any time with no charges.
  • Option to change the life insured at any time after the 2nd policy year.
  • You can request for a premium deferment for up to one year after the 4th policy year if your policy has sufficient cash value.
Etiqa Enrich Income 2what
Etiqa Enrich Income 3feat
Etiqa Enrich Income 4suit

Some things to note. This review post will get dated. And the product might not be available for new subscriptions at some point. Hopefully this serves as reference for future policyholders who have forgotten what they have taken up.

There can be shifts in planning narratives over time. For example, limited premium tenures gain popularity over the years because people are less confident of their future earning capacity or sustainability of income levels. Regular payout features gained popularity when more and more people are in tune with the FIRE (Financial independence retire early) movement. An extended period of low interest rates brought down insurance products’ returns yield for policy holders, but now in a rising interest rates environment, things are set to change.

Etiqa Enrich Income may or may not fit into your financial plans. Understand that there is no best plan for all time, but there is a method to objectively facilitate your decisions. Read more about it here.


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