NTUC Capital Plus is a very popular short-term savings plan in Singapore with Guaranteed interest. The insurer NTUC INCOME has just launched a new tranche CSN1. This tranche is a
- 3-year single premium endowment plan
- Non-participating – meaning no bonus, all returns are guaranteed.
- Guaranteed returns of 2.18% per annum
This tranche offers slightly better return comparing to the previous tranche which offers 2.15% maturity yield.
At the end of the policy term, the policy will pay the guaranteed maturity benefit.
This plan provides protection against death, and total and permanent disability (TPD before the age of 70) during the term of the policy.
This product is suitable if you have disposable lump sum cash for saving over a 3-year tenure and looking for:
- Guaranteed returns
- Capital Guaranteed upon maturity
- Hassle free application with no medical check-up required
This plan is available in cash only. The minimum Premium is $20,000.
Below is the policy illustration for every $10,000 premium.
If you want to be updated for such products in the future, subscribe to my mailing list via the form below.
The post Endowment Plan: NTUC Capital Plus New Tranche Offers 2.18% Guaranteed Return (CSN1) appeared first on SGMoneyMatters.