The NTUC Income Luxe Plus Solitaire is a single premium annuity plan offering you a lifetime of retirement income. Upon signing up, the policy provides policyholders with monthly cash payouts, starting from the end of the 3rd policy year until the maximum matured age of 120 years, which is more than a century old. This review aims to provide a better and simpler understanding of NTUC Income’s Luxe Plus Solitaire, including its features, benefits, and potential disadvantages. Let’s begin.
Criteria
Minimum single premium of $100,000 Policyholders must at least be 16 years old The insured person must be between 0 to 75 years old at the time of application
General Features
Premium Payment Term
The policy is a single premium, meaning you will pay a one-time-only lump sum. The minimum amount allowed is $100,000, subject to underwriting.
Policy Term
The policy term for Luxe Plus Solitaire is 120 years....