UOB saving plan
Introduction
The UOB Saving Plan is one of the best insurance plans from UOB. It offers you flexibility in coverage and payment terms, making it an ideal choice for those who are looking to invest in a long term savings plan.
minimum paid-up capital of $500 is needed
Minimum paid-up capital of $500 is needed to open a UOB Saving Plan. You can apply for UOB Saving Plan by walk-in or mail-in.
3 ways to withdraw your funds
You can withdraw your funds by cheque, online banking or by debit card. You will be charged a service fee for each withdrawal method.
uob saving plan is a long term savings plan designed for those with long term savings goals
The UOB Saving Plan is a long term savings plan designed for those with long term savings goals. With this account, you can save up to $500,000 to meet your needs during retirement or for your child’s education. Over the past few years, we have refined our product offerings and have been able to implement new features such as automated transfers and loyalty rewards points. This month we are offering an additional 3% interest rate on your first S$100,000 balance depending on the amount of money you put into the account each month – up to 1 year from opening date (e.g., if you open an account with S$200k in March 2017, then your annual interest rate will be 4% instead of 3%).
To allow for flexibility in coverage and the repayment of premium, uob saving plan offers a range of premium payment term and policy duration.
The below table outlines the various policy duration and premium payment term options that you can choose from when purchasing our products.
Premium Payment Term Options: Annual, Quarterly, Monthly and Weekly
Policy Duration Options: 1 year, 2 years, 3 years, 5 years, 10 years and 20 years
You can apply for uob saving plan by walk-in or mail-in.
You can apply for uob saving plan by walk-in or mail-in. You can also apply online and via telephone.
this plan offers flexibility in coverage and payment
This plan offers flexibility in coverage and payment. You can choose to pay for the policy in a lump sum or in installments. You can also choose the premium payment term and policy duration.
You may choose to pay for the policy with cash, or through your UOB credit card.
Conclusion
we hope this article has helped you gain a better understanding of the uob saving plan. If you are interested in applying for this plan, please do so by visiting any uob branch or you can even apply online.