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China Taiping i-Saver8 Review – Best Short Term Endowment Savings

China Taiping i-Saver8 Review - Best Short Term Endowment Savings Plan

Last Updated on by Tree of Wealth

About China Taiping i-Saver8

When it comes to savings and endowment, we all want the shortest possible. To put in a sum of amount and let it grow within the shortest period of time. Because for wealth growth, there is always three factors to consider: Time required to grow, the Yield the instrument returns as well as the Risk involved, which will affect the stability of the returns or even if it is principle guaranteed.

China Taiping launched a new short term savings plan, the China Taiping i-Saver8. It is a new short term savings endowment plan from the insurer and continues to be one of the shortest in the market. The insurer’s previous offering of 2-pay 8 premium savings plan of i-Wealth Builder was withdrawn from the market.

The main differences are: Lower guaranteed amount with lower projected figures (4.25% instead of projecting at 4.75%), as well as the absence of annual cash benefit feature.

Being one of the shortest savings plan on an ever-green basis (not including the occasional 2 & 3 years premium tranches savings plan), the i-Saver8 is the shortest endowment savings plan in the market available with very competitive returns.

Which is why it is very suitable for people of all ages, including using the plan to grow wealth for children’s education, savings, retirement as well as diversifying the risk spectrum.

We compare this with another similar plan in the market, find out more here: Best Short-Term Savings Plans in Singapore: China Taiping i-Saver8 VS NTUC Income Gro Power Saver 2022

However, China-Taiping’s i-Saver8 has a lower premium entry as well as more flexibility.

Features At a Glance for China Taiping i-Saver8

Short Premium & 8 Year Policy Term

i-Saver8 is a 2-Pay-8 savings plan: 2 years premium with a policy term of 8 years. This means that the minimum premium amount is higher and starting at $18, 000.

After 2 years of premium payment, only 6 more years are required to accumulate for 6 more years for the insurer to grow and accumulate the amount. This will mature into a sum consisting of guaranteed amounts and non-guaranteed bonuses, all at the end of 8 years.

Capital Guaranteed

Upon maturity, the capital is guaranteed at the end of the policy. This is a good feature as some endowment plans are actually not capital guaranteed (surprise, surprise!) upon maturity and is basing the returns on non-guaranteed bonuses.

The returns based on the 4.25% projection (guaranteed & non-guaranteed) is up to 3.13% upon the plan’s maturity.

Guaranteed Issuance – Easy Application

  • No medical check-up, no health underwriting procedure. Guaranteed to be issued.

Death Coverage Protection

Upon death occurrence, there is a capital protection of 105% of annual premiums paid, together with the non-guaranteed bonus.

Maturity Benefits Table

To better illustrate the tradeoffs of each option, we have made the following table for you to compare returns:

China-Taiping i-Saver 8

Premium term


Policy term

Premium amount (annually)


 Death Benefit

105% of net premium

Riders Available


Total premium paid

Total Amount Upon Maturity – Guaranteed


Total Amount Upon Maturity – Non-Guaranteed (at 4.25%)


Cash Back Benefit


Illustrated Yield at Non-Guaranteed 3%

Illustrated Yield at Non-Guaranteed 4.25%


Capital Break-even at Maturity


How China Taiping’s i-Saver8 Works

CTP i-Saver8 How it Works
source: China Taiping

Why China Taiping i-Saver8 is a Good Savings Plan

  • A very Straight-forward shortest savings plan in the market available with very competitive returns
  • Short 8 Years to Maturity
  • Competitive Guaranteed amount upon plan’s maturity
  • Competitive yield returns upon maturity up to 3.13% (based on 4.25%)

What We Don’t Like About the China Taiping i-Saver8

  • No supplementary benefit (riders) to add on to customize the plan. This includes premium waiver and critical illness waiver riders.
  • No flexible cash benefit withdrawal options after the 2nd year

Conclusion for China Taiping i-Saver8

China Taiping i-Saver8 is indeed a short term savings plan that is a good choice for many uses. It can be used for wealth growth purposes, or if there is spare cash lying around and you don’t want to leave it idling in a bank, or you prefer higher returns than a fixed deposit. Parents can use it to save for children’s education or for perhaps you want to grow it to achieve certain something that is within the shorter term of 8 years.

We recommend to choose the savings plans that is most suitable by addressing the needs: what are you saving for & how much do you eventually want and need. We hope this plan review of the China Taiping i-Saver8 helps you in understanding the pros and cons as well as helping you decide if it meets your savings objectives.

What To Do Next?

Should you be interested in this plan and want to find out more, simply fill in the form below and our friendly partnered licensed FA advisor will get in touch with you. 

Based on your needs, a custom made solution will be adjusted only addressing your concern with no obligations nor hidden fees.


Find the most suitable endowment plan today!

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