Personal Finance
Limited Offer: 1.96% p.a. Guaranteed with NTUC Income’s Gro Capital Ease
By Sethisfy  •  September 28, 2020
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....
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By Sethisfy
As an adult, I’ve been through many ups and downs in my career path and personal finance journey, not unlike many Singaporeans. From my years as a tied insurance agent turned independent financial adviser, I realised that there are very few sources of proper, unbiased financial advice for working adults to access. Worse, self-styled “financial consultants” are selling products like savings plans and ILPs to the detriment of the clients whose interests they were supposed to serve.
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