Insurance
Gro Capital Ease Eco
By My Sweet Retirement  •  June 17, 2022
When the stock market plunges because Fed increase interest rates, where else can you invest? My answer is NTUC Income Gro Capital Ease Eco. This is a single premium endowment plan that gives you a guaranteed maturity benefit of 105.56% after 3 yearsThis is based on the guaranteed yield at maturity of 1.82% p.a. What are Endowment Plans? Endowment plans are life insurance saving plans offered by insurance companies. The aim is to help policyholders save towards specific financial goals. Policy holders can contribute a regular amount for a designated period of time or pay a lump sum upfront at the start of the policy. Upon maturity of the policy, you will be given a lump sum payout with the guaranteed return. It is best to study the plan carefully as certain endowment plans offers non-guaranteed returns. In this case, Gro Capital Ease Eco Plan is a single premium, non-participating life insurance savings plan offered by NTUC Income Insurance...
Read the full article
By My Sweet Retirement
I am a working salaried professional in my mid 30s. Just like most Singaporeans, I worked long office working hours, often trying very hard to find some work life balance. The Sweet Retirement Blog was created to share my journey towards achieving a comfortable retirement life. I believe we cannot simply rely solely on our Central Provident Fund savings when reaching old age. Neither can we rely solely on our bank savings as we all know the interest rates cannot beat inflation.
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Your email address will not be published.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Your Email Address will not be published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