GREAT SP Series 12
By My Sweet Retirement  •  November 20, 2023
GREAT SP Series 12 is a short term Endowment plan that provide guaranteed returns of 3.50% p.a. at the end of 2 years. Similar to the previous tranche, the minimum amount start from S$10,000. As this is a limited tranche, it is available on a first come first serve basis. The benefits of GREAT SP 12 Endowment plan are:
  • Guaranteed return of 3.5% upon maturity in 2 years.
  • 100% capital guaranteed upon maturity.
  • Pay using cash or your SRS (Supplementary Retirement Scheme) funds.
  • Insurance coverage for Death and Total & Permanent Disability.
One different thing I noticed as compared to the previous GREAT SP Series 11 is the option to receive one time payout or yearly payout. GREAT SP Series 12 One Time Payout One-time payout is the inclusion of the additional non-guaranteed accumulation interest at the end of the policy term. GREAT SP Series 12 Yearly Payout The yearly payout option will not include the additional non-guaranteed accumulation interest....
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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.

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