just received this email notification from ntuc-income:
Dear Valued Business Partners,
We are pleased to announce the launch of our limited-tranche non-participating 2-years single premium non-participating plan, Capital Plus (CPN29).
*_Brief outline of the plan:_*
Ø2-years single premium non-participating plan
ØGuaranteed interest of 1.40%p.a.
ØProvides TPD before age 65 years old (last birthday) and Death coverage
ØEntry age of 16 to 80 years old (last birthday)
ØMinimum single premium of $10,000 up to a maximum of S$1,000,000
ØSimplified underwriting
·Sum Assured = 105% of Single Premium
·Sum Assured = 100% of Single Premium (if claim occurs within the 1^st policy year)
Please refer to the Frequently Asked Questions for more details.
As this is a limited tranche product, applications to the plan is on a *_first-come-first-served basis_*. The product will be withdrawn upon attainment of tranche size. Any excess premium received above the tranche size will be refunded ......