Take Control of Your Future Through Passive Income

27 Jul 2022

27 Jul 2022

What is passive income?

“Passive income” is not merely a buzzword you see on social media, but also a financial concept that any individual can take advantage of to secure a comfortable life in the future. It is the opportunity to generate an extra source of income stream without having to work actively for it.

Advantages of passive income

Having passive income is the gateway to financial freedom. Take charge of your future by planting the seeds today so that you can reap the following benefits:

Have a financial safety net to help you tide through difficult times.

You can take time off to fully enjoy the present and pursue your dreams.

You don’t have to be completely reliant on your paychecks
and your extra income stream can help you out in a pinch.

You don’t have to be completely reliant on your paychecks and your extra income stream can help you out in a pinch.

Plan ahead for your well-deserved retirement and live your golden years exactly the way you have always envisioned them, instead of solely dependingon your retirement insurance.

There are various financial opportunities in the market to generate passive income, but each one comes with its own risks:

Investing in funds and stocks may offer big returns, but the risks are also higher. Buying and selling stocks also require certain financial knowledge and staying up-to-date with the volatile stock market.

Renting out property can be a great source of passive income. But first and foremost, you will need to invest a huge capital in a real estate property before you can earn an additional income through it.

Intellectual property can create an additional steady stream income, but this option is exclusive to individuals with a unique set of skills and talents.

i-CashLife

i-CashLife is a whole life and savings insurance plan which provides attractive guaranteed yearly cashbacks of up to 3.95% p.a.of the Total Yearly Premiums right after the end of your selected premium payment term until age 120. You will also be rewarded with a guaranteed loyalty cashback equivalent to 1x Guaranteed Yearly Cashback on the 20th policy anniversary and every 10 years thereafter. With these cashbacks as your passive income, you may live the lifestyle of your choice.

Infinite Harvest (III)

With only a one-time premium commitment, you can enjoy a lifetime of monthly income, starting from the 5th policy anniversary onwards. Your monthly income consists of a guaranteed (1.44%) and non-guaranteed (2.19%) amount which could add up to 3.63% of your single premium annually. With the lifetime passive income, you may lead your desired lifestyle or create a gift of love for future generations.

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China Taiping Financial Intelligence

China Taiping Insurance (Singapore) Pte. Ltd. (“CTPIS”) is a leading insurer offering both life and general insurance solutions. Established in Singapore since 1938, CTPIS provides one-stop financial services for personal and business needs, supporting customers with financial peace of mind for over 88 years.

Reinforcing our commitment to our customers, “China Taiping Financial Intelligence” delivers clear and practical tips for everyday financial needs, helping individuals and families make informed decisions. From managing expenses, planning for life’s milestones, to strengthening protection and long-term financial resilience, “China Taiping Financial Intelligence” guides you at every stage of life. By breaking down complex financial and insurance jargons into simple, easy-to-understand language, we empower customers to navigate their financial journey with greater clarity, confidence, and assurance.

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