Personal Finance
Limited Offer: 1.58% p.a.* Guaranteed with NTUC Income’s Gro Capital Ease; Use of SRS Allowed
By Sethisfy  •  January 20, 2021
Limited Offer: 1.58% p.a.1 Guaranteed with NTUC Income’s Gro Capital Ease; Use of SRS Allowed  Disclaimer: This post is written in conjunction with NTUC Income. Views and analysis remain solely that of Sethisfy.com. After a few tranches that were sold out in days, Gro Capital Ease is back. A non-participating, 3-year endowment plan, Gro Capital Ease offers a guaranteed yield at maturity of 1.58% p.a.1 that will be paid out at the end of the 3-year policy term if the insured survives at the end of the policy term, with no policy alterations or claims made during the entire policy term. This provides a guaranteed maturity benefit of 104.82%2 (rounded to the nearest 2 decimal places) of the single premium, based on the guaranteed yield at maturity of 1.58% p.a.1 Given that the returns and capital are guaranteed as long as the plan is kept to maturity, it is a popular option for those looking to set aside some funds over the next few years....
Read the full article
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.
LEAVE A COMMENT
LEAVE A COMMENT

Your email address will not be published.

*

Your Email Address will not be published
*

Read More Articles
More from thefinance