ntuc-income: launch of capital plus (CPN29)
By Patrick Lim  •  March 13, 2012
just received this email notification from ntuc-income: Dear Valued Business Partners, We are pleased to announce the launch of our limited-tranche non-participating 2-years single premium non-participating plan, Capital Plus (CPN29). *_Brief outline of the plan:_* Ø2-years single premium non-participating plan ØGuaranteed interest of 1.40%p.a. ØProvides TPD before age 65 years old (last birthday) and Death coverage ØEntry age of 16 to 80 years old (last birthday) ØMinimum single premium of $10,000 up to a maximum of S$1,000,000 ØSimplified underwriting ·Sum Assured = 105% of Single Premium ·Sum Assured = 100% of Single Premium (if claim occurs within the 1^st policy year) Please refer to the Frequently Asked Questions for more details. As this is a limited tranche product, applications to the plan is on a *_first-come-first-served basis_*. The product will be withdrawn upon attainment of tranche size. Any excess premium received above the tranche size will be refunded ......
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By Patrick Lim
Patrick is an Associate Director with Promiseland. He has more than 20 years of personal investment experience both in stock and shares and unit trusts. In his early years as an investor, he got burnt really bad in the infamous 1987 crash and again during the clob incident. With 2 decades of so-called battle scars behind him, the last few years (since 2003) have been good to him especially with his single country funds doing exceptionally well. On his investing style, he is both a technical analyst and fundamentalist. Patrick view wealth accumulation as part and parcel of the wealth management process but only if one has already executed his/her wealth protection planning on an on-going basis.

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