With all the uncertainty in the markets over COVID-19, there are fears that we may start sinking into an economic recession. When this happens, there will always be people who are inevitably worried and wish to minimize their risks. But if the rates offered by fixed deposits aren’t your cup of tea, and you’re not keen to increase your equity exposure at this point, then perhaps short-term endowment plans might be an option.In the current environment of extremely low interest rates, short-term endowment plans have been making a comeback, especially for those who are unwilling to take any risks in the equity markets right now. If that sounds like you, then you might want to know that one of the latest products in the market to take note of would be Capital Plus by NTUC Income. Read on to find out!

Details that you need to know before deciding whether this...