Skip to content
China Taiping i-Saver8 Savings Plan Review

China Taiping i-Saver8 Savings Plan Review – One Of The Shortest In The Market

Last Updated on March 4, 2022 by Parentology

The China Taiping i-Saver8 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 The insurer’s previous offering of 2-pay 8 premium savings plan was withdrawn from the market.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 children’s education, as the maturity takes only 8 years. There is another short term savings plan by NTUC Income, albeit slight longer at a 3 years premium term for a total of 10 years policy term to mature.

However, China-Taiping’s i-Saver8 has a higher 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 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 parents to save for children’s education or for something that is within the shorter term of 8 years.

We recommend for parents 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.

When it comes to the suitability of for you and your child, it is always advised to have a look around and compare across the different competitive insurers.

To find the most suitably plan based on your concerns and needs, 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 coverage for you and your child today!



    Download Your FREE E-Book

    Parenting Without Yelling - Calm & Effecting Guide


    Transform Your Family Dynamics: Discover effective strategies to replace yelling with calm, assertive communication, fostering a more loving and respectful home environment.


    Practical Tools for Real Change: Gain access to easy-to-implement techniques and real-life insights that empower you to manage emotions and reactions, benefiting your family’s emotional well-being.


    Break the Cycle for Generations: Learn how to change the dialogue within your family, moving from frustration to understanding, and lay the foundation for healthier relationships for generations to come.