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REVIEW OF NTUC INCOME’S 2-YEAR ENDOWMENT PLAN: GRO CAPITAL EASE
By Heartland Boy  •  June 23, 2020
This June, NTUC Income (“Income”) has launched their new short-term endowment plan –Gro Capital Ease, which offers a guaranteed yield at maturity of 1.85% p.a.1. Here is Heartland Boy’s review of Income’s Gro Capital Ease. INCOME’S 2-YEAR ENDOWMENT PLAN: GRO CAPITAL EASE If you are looking to invest in a short-term endowment plan, look no further because Income’s Gro Capital Ease, a 2-year endowment plan is here. It is a non-participating plan with a guaranteed yield at maturity of 1.85% p.a.1 which also provides protection against death & 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 INCOME’S GRO CAPITAL EASE...
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By Heartland Boy
Heartland Boy is a young working adult who pretends to be competent in the real estate industry despite graduating with only a Business Management degree. Outside of work, he analyses stocks, reits and property for investment to build passive income. He is also a stickler for all things that represent value-for-money.
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