Can you find Singapore Savings Bonds with 3-5% returns p.a. and maturity as short as 12 months?
Traded endowment plans are a popular alternative to SSB and the choice of many astute, knowledgeable and wise Singaporeans.
Traded endowment plans vs. Singapore Savings Bonds:
If you're considering Singapore Savings bonds (SSB) or any other bond investment in Singapore, this is an alternative used by savvy Singapore investors that's proven to be low-risk, moderate-return, and easy to access.
The Astute Singaporean's Secret:
Buy TRADED ENDOWMENT Policies in Singapore
Traded endowment policies, also known as second hand endowments, are procured by TES from the original policy owner when they desire to surrender their policy. After carefully ensuring that the policies are free from any encumbrance, TES makes these endowment policies available for take over by sophisticated buyers.
Traded endowments are gaining popularity as a low-risk and easily-accessible option for portfolio diversification and long term wealth protection, and provide an alternative to traditional investments in bonds, stocks and fixed deposits.
With Traded Endowments, earn 3-5% returns with very low distribution costs, plus choose from flexible maturity periods as short as 12 months!
Why Traded Endowments in Singapore?
Buying traded endowment policies instead of purchasing a new insurance policy has been used by sophisticated investors to preserve wealth for many years.
The life and endowment policies you buy over are underwritten by leading Singapore insurance companies which are governed by the Monetary Authority of Singapore
Buying traded endowments requires no active monitoring of market movements, no technical analysis and no advanced financial knowledge. There are also no entry requirements for buyers.
Wonderful Opportunity - Can't Thank You Enough!
"When I first came across traded endowments, I was quite curious as to see if it was really an alternative to fixed deposits.
After spending many hours studying the materials from TES and the MAS website, as well as speaking to officers from AIA and Prudential, I felt confident to proceed with a small traded endowment investment with a very short tenure (6 months to maturity).
I've just received the full payout from the insurer and in less than one year the returns are much higher than expected and with such low risk! Just writing in to say, thanks Shawn and team for the opportunity, as you can see I've taken up another 5 resale policies from you."
Thank you so much for sharing this wonderful opportunity, I can't thank you enough. God bless!
Mdm Wang Ping-En
Here's Why Wise Singaporeans Love Traded Endowments
No health check or questionnaire
No maximum age limit
Highly levels of compliance
Excellent capital preservation
Higher returns than buying new policy
Shorter time to maturity
Do You Care For Extra Passive Income?
“Delighted to get the extra returns and several thousand dollars of extra passive income!"
"I was doing research on Singapore savings bonds when I stumbled on traded endowments. After speaking to Shawn I felt confident to purchase 3 of these traded endowment policies as he carefully helped me select policies suitable for my needs. I'm delighted to get the extra percentage returns which amounts to several thousand dollars of extra passive income each year. Highly recommended!"
Rebecca Lim Hui-En
- Singaporean, 46
How Do Traded Endowments Work in Singapore?
Are You Planning for Your Children's Education?
“Perfect for my son's university in 7 years time!"
"God willing, my son should be entering to university in seven years time and I could not find a insurance savings with short expiry. It's lucky I found about TES from my boss, after I spoke to Mr Shawn I felt comfortable as he was very patient and gave me some good advice. Now I have bought a 7 years endowment plan for my son. I do recommend this for those who find buying new policies restrictive and inflexible, and I have only good things to say about TES. It was not just a pleasure but a joy to be helped by Shawn."
- Singaporean, 41
Traded Endowments provide investors with 70%-270% higher returns compared to buying Singapore Savings Bonds.
Frequently Asked Questions
What are traded endowment policies?
Traded endowment policies are also known as second hand endowments that procured from the original policy owner. After ensuring a clean title, TES makes these endowment policies available for take over by sophisticated buyers.
Where to buy traded endowment policies in Singapore?
TES is the leading provider of traded endowment policies in Singapore and we are trusted by Singaporeans from all walks of life.
Who is TES?
TES Capital Investments Pte Ltd is a company registered in the Republic of Singapore. We are the leading specialist in traded endowment and life insurance policies trusted by Singaporeans from all walks of life.
How do you acquire the policies you have on hand?
We specialise in assisting Singaporeans who looking to surrender their insurance policies. TES has become a trusted helper to these discontinuing policy holders. We offer these policies for takeover after ensuring that these policies have a good title.
How will a policy I buy be transferred to me?
The transfer of ownership is done through absolute assignment and all the necessary paperwork is done at the office of the insurance company in the presence of their officers. The procedure is simple and fully transparent.
What is an Absolute Assignment?
An Absolute Assignment is the transfer of the ownership (all rights, benefits and liabilities) of a policy completely from the existing policyholder (Assignor) to the new policyholder (Assignee) without any terms and conditions.
A policyholder can transfer the rights on his policy to another person/entity for various reasons.
This Absolute Assignment process is governed under the Policies of Assurance Act (Chapter 392).
If the Assignor or Assignee is a natural person, he or she must be at least 21 years old, of sound mind, not an undischarged bankrupt and not entering into Absolute Assignment under duress.
The Monetary Authority of Singapore (MAS) has on 30 March 2015 issued a Notice to Life Insurers stating, among other things, that assignment of the benefits of a life insurance policy is allowed to a person other than the insured.
How to do an Absolute Assignment in Singapore?
In order for Insurers to facilitate the Absolute Assignment process, both the Assignor and Assignee are required to complete and submit a Notice of Assignment together with other required supporting documents and forms. This Notice of Assignment can be downloaded from most of the Insurers' websites directly.
Upon completion of the Absolute Assignment process, the Insurer will send a written acknowledgement of Notice of Assignment to both Assignee and Assignor.
Can I transfer the policy to another party in future?
Yes you can. You can perform another absolute assignment at the office of the insurance company to effect the next transfer.
How will I pay for the policy I’m taking over?
You pay TES an initial sum by bank transfer or cheque for the policy you’re taking over. You will then become the new policy owner and any future premium payments will be made directly to the insurance company.
What if there are policy nominations or beneficiaries?
The insurance company will require that any nomination or beneficiary be removed prior to an assignment. The policy you take over will be free from any nomination or beneficiary.
How about the death benefits of the policy?
All rights and benefits belong to the policy owner and only the policy owner can provide the insurance company with a valid discharge. The insurance company will contact the policy owner for a pay-out should they become aware that the person insured has passed on. If this does not happen, the policy will continue on to maturity.
What happens when the policy matures?
The insurance company will notify the policy owner by mail approximately one month before the maturity date of the policy. Payment is usually effected by cheque issued by the insurance company and sent to the registered address of the policy owner, although other forms of payment can be arranged.
What happens if I pass away?
The policy will be treated as one of your assets, similar to other investments, property, or money in bank accounts that you may own. Upon your demise, the policy may be assigned, surrendered or sold to another party by the executor of your estate.
Are you licensed by MAS?
There are currently no MAS administered regulations which govern the sale, purchase and distribution of traded or resale endowment or whole life insurance policies. As such, TES Capital Investments Pte Ltd is not required to be licensed by MAS.
What Does The Monetary Authority of Singapore State about Traded Endowments?
The Monetary Authority of Singapore (MAS) acknowledges the existence of Traded Life Policies (TLP) and Traded Endowment Policies (TEP) as investments and states that it does not regulate the activity of trading in such products. No special license is required by distributors of Traded Endowments
Trusted by Knowledgeable Investors in Singapore
"All paperwork was done officially... I felt confident!"
"Thanks a lot for sharing this opportunity. I've been a bond investor for many years and a firm believer in risk avoidance. To be honest I have never heard of this company but after carefully checking out the reputation of TES I felt confident to look at the policies they had available at the time (Sep 2019).
I have been holding bonds of financial institutions and after research I realised that buying endowment policies is actually slightly safer as the policies themselves are guaranteed by the insurers. So I took over two traded endowment policies and one life policy from TES. All paperwork was done officially with the insurance company and I'm really happy to have found this good alternative to add to my bond portfolio."
- Singapore PR, 58
Chief Operating Officer, TES Capital Investments Pte Ltd
Hi I'm Shawn, and I've spent more than 20 years as an investor in Singapore. I find my greatest joy in sharing genuine opportunities with my friends and fellow investors.
Today, my team and I at TES find true fulfillment in helping Singaporeans meet their retirement goals and find superior returns for their hard-earned money.
Send me a WhatsApp message and I'll help you with transparency and honesty, which is the only way it should be!
About TES Capital Investments Pte Ltd
TES is Singapore's #1 specialist in Traded Endowment Policies, respected for honesty, professionalism and transparency. Although we're a young company, our team has over 40 years of experience in the financial industry.
We offer a pool of Grade A traded endowment and life insurance policies which are procured from individual policy holders who do not wish to continue with their policies.
When you buy over one of these policies, you're investing in policies which are free from front-loaded distribution costs (i.e., agency fees). You will receive a full cash pay-out from the insurer once the policy matures or the insured person passes away.
Depending on the remaining tenure of the policy you purchase, annualised returns are a healthy 3-5% per year.
Come speak to us and find out for yourself why savvy investors in Singapore trust us and choose TES!
There are currently no MAS administered regulations which govern the sale, purchase and distribution of Traded Endowment Policies and Traded Whole Life Policies. TES Capital Investments Pte Ltd is therefore not required to be licensed, approved, registered or otherwise regulated by the Monetary Authority of Singapore or any other applicable regulator in Singapore. Our company does not hold itself out as being licensed, approved, registered or otherwise regulated in respect to any of our activities.