Insurance
Limited Offer: 2.81% p.a. Guaranteed upon Maturity with NTUC Income’s Gro Capital Ease; Use of SRS Allowed (August 2022)
By Sethisfy  •  August 8, 2022
Gro Capital Ease is a single-premium non-participating, 3-year insurance savings plan offered by NTUC Income. It offers a guaranteed yield at maturity of 2.81% p.a.¹ that will be paid out at the end of the 3-year policy term. This is provided that the insured survives at the end of the policy term, and no policy alterations or claims were made during the entire policy term. This will provide you a guaranteed maturity benefit of 108.67² (rounded to the nearest 2 decimal places) of the single premium, based on the guaranteed yield at maturity of 2.81% p.a.¹
Provider NTUC Income
Plan Name Gro Capital Ease
Premium Type Single Premium
Minimum Single Premium $10,000 (if applied online) $20,000 (through a financial advisor representative)
Maximum Single  Premium Single premium limit of $200,000 for each insured
Guaranteed Returns Yield at maturity of 2.81% p.a.1 Maturity benefit of 108.67%2 of the single premium
Tenure 3 years
Other Features – Death & Total and Permanent Disability (TPD before age 70) benefit – No
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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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