NTUC Income (“Income”) has launched Gro Capital Ease, a new endowment plan for those who want to grow their savings in a short period of time yet do not want to take too much risk.
If you are one of them, this 2-year endowment plan fits the bill!
GRO CAPITAL EASE PLAN DETAILS
Gro Capital Ease is a 2-year non-participating, single premium endowment plan that provides you with a guaranteed return of 1.85% p.a.1.
For $10,000 you put in, the guaranteed maturity benefit will be $10,373 (rounded to the nearest dollar), based on a guaranteed maturity benefit of 103.73%2 (rounded to the nearest two decimal places) of the single premium.
It also provides protection during the policy term. In the event of death & total and permanent disability (TPD before age 70) within one year from the cover start date, the policy will pay out the net single premium. In the event of death...