Planning your savings in 2025? This article provides a full Gro Cash Plus comparison against other popular endowment plans in Singapore. While NTUC Income’s Gro Cash Plus is one of the best-known endowment products, many savers are asking: how does it stack up against alternatives like Singlife Flexi Life Income II, FWD Life Income Plus, or even fixed deposits? In this review, we’ll compare payouts, benefits, and who each plan is best suited for.
Quick Overview – What is NTUC Income Gro Cash Plus?
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Whole life endowment plan
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Offers guaranteed yearly cash payouts + non-guaranteed bonuses for life
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Capital guaranteed from the end of year 3
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3 years premium term
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Reinvest your yearly income and earn a 3% interest
👉 Read our in-depth Gro Cash Plus review here.
Alternatives to NTUC Income Gro Cash Plus in 2025
Singlife Flexi Life Income II
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Whole life endowment structure with guaranteed payouts.
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Capital guaranteed from the end of year 3.
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Avaliable in single premium or regular premiums.
FWD Life Income Plus
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Whole life endowment structure with guaranteed payouts.
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Guarantees yearly income payouts for life.
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Avaliable in regular premiums only.
Fixed Deposits (FDs) in Singapore
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Bank savings product, simple & low-risk.
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Latest 12-month FD rates (Sept 2025): ~1.60% p.a.
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SDIC-protected up to $100,000 per bank.
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Downside: returns may not beat inflation.
Side-by-Side NTUC Income Gro Cash Plus Comparison Table
| Plan/Product | Premiums | Premium Term | Guaranteed Yearly Income/ Maturity value | Projected Yearly Income @ 4.25% | Principal guaranteed |
|---|---|---|---|---|---|
| NTUC Income GroCash Plus | $33,333/year | 3 years | $1022/year, payable from end of year 3 onwards | $3641/year | From end of year 3 onwards |
| Singlife Flexi Life Income II | $32,816/year | 3 years | $1254/year, payable from end of year 3 onwards | $2964/year | From end of year 3 onwards |
| FWD Life Income Plus | $33,333/year | 3 years | $1440/year, payable from end of year 5 onwards | $3340/year | From end of year 3 onwards |
| Fixed Deposit (FD) | $100,000 | 1 year | Maturity at 1.6%p.a. $1600 | N.A | N.A |
Who Should Choose NTUC Income Gro Cash Plus?
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You want stable, guaranteed payouts with high non-guaranteed bonus
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You renew your fixed deposit on a regular basis and has to shop for the best rates
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You don’t mind moderate returns in exchange for security.
When to Consider Other Plans
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Singlife Flexi Life Income II: If you want similar structure but prefer higher guaranteed income.
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FWD Life Income Plus: If you don’t mind the payout starts at the end of year 5 but with higher guaranteed income
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Fixed Deposits: If you need short-term liquidity and safety with SDIC protection.
Conclusion – Which Plan Wins in This Gro Cash Plus Comparison?
NTUC Income Gro Cash Plus continues to be a reliable endowment plan, especially for conservative savers who value guaranteed payouts. But it’s not the only option in 2025. If you want more flexibility, long-term income, or higher guaranteed returns, exploring alternatives like Singlife Flexi Life Income II or FWD Life Income Plus may make sense.
👉 Before you decide, compare NTUC Income Gro Cash Plus with other top endowment and life income plans in Singapore 2025:
Frequently Asked Questions (FAQ)
1. Is NTUC Income Gro Cash Plus better than fixed deposits?
It can provide higher projected returns and insurance coverage, but FDs offer higher liquidity.
2. Can NTUC Income Gro Cash Plus replace retirement income plans?
No. NTUC Income Gro Cash Plus is more of a yearly income generating plan, the income generated from the plan might be too low to cover retirement needs. You will still need a retirement plan for retirement income.
3. Should I switch from NTUC Income Gro Cash Plus to another plan?
Not necessarily. It depends on your goals — use NTUC Income Gro Cash Plus for conservative savings, and consider other plans for diversification.
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