Coming hot on its heels in March 2020 is NTUC Income’s Capital Plus, an endowment plan with a guaranteed yield at maturity of 2.13%1 per annum. Here is Heartland Boy’s review of NTUC Income’s Capital Plus 3-Year Endowment Plan.
NTUC Income’s Capital Plus 3-Year Endowment Plan
To meet pent-up consumer demand, it is hardly surprising that NTUC Income’s Capital Plus, a 3-Year Endowment Plan is back. It is a non-participating plan with a guaranteed yield at maturity of 2.13%1 p.a. In addition, this plan also provides protection against death and total and permanent disability (TPD before age 70). If it happens within 1 year from the cover start date of the policy, policyholders will receive a payout of the net single premium. If it happens after 1 year from the cover start date of the policy during the policy term, policyholders will receive 105% of the net single premium.
About NTUC Income’s Capital Plus
With COVID-19 plaguing the global economy, investors are facing a highly volatile investing environment. Thankfully, Capital Plus stands out with the following characteristics:...