Disclaimer: This post is written in conjunction with NTUC Income. Views and analysis remain solely that of Sethisfy.com.
Gro Capital Ease is a non-participating, 3-year endowment plan that offers a guaranteed yield at maturity of 1.96% p.a.1 that will be paid out at the end of the 3-year policy term, provided that the insured survives at the end of the policy term, with no policy alterations or claims made during the entire policy term. This will provide you a guaranteed maturity benefit of 106.00%2 (rounded to the nearest 2 decimal places) of the single premium, based on the guaranteed yield at maturity of 1.96% p.a.1
Short-term plans like Gro Capital Ease are popular for those looking to grow their savings over the next few years with the capital guaranteed. You have the option to apply online easily with a single premium from as low as $5,000. Note that this is a limited tranche so it is first come, first served....