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....