Insurance
Endowment Plan: NTUC Capital Plus New Tranche Offers 2.13% Guaranteed Yield (CSN4)
By SG Money Matters  •  March 24, 2020
NTUC Capital Plus is a very popular short-term single premium savings plan in Singapore with Guaranteed interest. The insurer NTUC INCOME has just launched a new tranche CSN4 with a 2.13% yield. What is NTUC Capital Plus NTUC Capital Plus is for people who want to save for short term but prefer a higher interest than the fixed deposit. The key features are: Short 3-year single premium endowment plan. Non-participating – meaning no bonus, all returns are guaranteed. Guaranteed maturity yield of 2.13% per annum. Guaranteed acceptance regardless of your health condition. This plan can be purchased using either Cash or Supplementary Retirement Scheme (SRS) fund. The minimum investment is $20,000. The return is higher than the rate offered by Singapore Savings Bond. At the end of the policy term, the policy will pay the guaranteed maturity benefit of 106.53% of your single premium. This plan provides protection against...
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By SG Money Matters
Howdy. My name is Ivan. I am a blogger and fee-based financial adviser. I spent the last decade providing financial advisory services to both individuals and business. My speciality is financial planning for early retirement.
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