Targeting individuals who are looking for wealth accumulation with low risk, Etiqa Insurance has introduced a new non-participating insurance savings plan in Singapore dollars dubbed SAVE3. The new plan covers the life insured to age 100 and policyholders can choose to deposit between S$10,000 ($7,377) to S$200,000 yearly. With a short premium payment term of two years, the plan also offers customers who opt for a one-time premium payment 3% off their first year premiums.