NTUC Income Gro Capital Ease Review

The complete Pros and Cons on NTUC Income Gro Capital Ease

NTUC Income Gro Capital Ease is a short-term endowment plan that guarantees you a 102.43% return on your single premium after 3 years.

NTUC Income Gro Capital Ease product details

  • Life policy – Endowment and Saving policy
  • Insurance Coverage
    • Receive coverage against Death and Total and Permanent Disability (TPD before age 70)
  • Guaranteed Maturity Benefit
    • Enjoy a guaranteed maturity benefit of 104.51% upon policy maturity
  • High Guaranteed Returns
    • Enjoy a  guaranteed yield at maturity of 1.48% p.a. at the end of the 3 years policy term
  • Premium Payment Options;
    • Single premium payment starts from a minimum of S$20,000 and a maximum of $200,000
  • Supplementary Retirement Scheme (SRS) Fundable
    • You can choose to take up this plan using your SRS funds

NTUC Income Gro Capital Ease

Read aboutEndowment and Saving policy: How does it work?

Read aboutEndowment and Saving policy: Is it the best option?

Features of NTUC Income Gro Capital Ease at a glance

Cash and Cash Withdrawal Benefits

Cash value: Yes
Cash withdrawal benefits: No

Health and Insurance Coverage

Death: Yes
Total Permanent Disability: Yes (till age 70)
Terminal Illness: No
Critical Illness: No
Early Critical Illness: No

Health and Insurance Coverage Multiplier

Death: No
Total Permanent Disability: No
Terminal Illness: No
Critical Illness: No
Early Critical Illness: No

Optional Add-on Riders

N/A

Additional Features and Benefits

Yes.

For further information and details, refer to NTUC Income website. Alternatively, fill up the form below and let us advise accordingly.

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NTUC Income Gro Capital Ease may be suitable if you are looking for

NTUC Income Gro Capital Ease may potentially be a good fit if the following matters to you:

  • A hassle-free application without medical underwriting
  • Short term endowment savings plan
  • Saving to purchase something in 3 years time
  • To generate higher financial returns compared to bank accounts
  • A one-time premium commitment with no further cash commitment

NTUC Income Gro Capital Ease may not be suitable if you are looking for

NTUC Income Gro Capital Ease may potentially be a bad fit if the following matters to you:

  • Liquidity or flexibility of withdrawal in your Insurance policy.
  • High insurance coverage for Death or Total Permanent Disability
  • Insurance coverage for Terminal Illness, Early Critical Illness, or Critical Illness
  • Lifetime regular cash payout
  • Potentially higher financial returns compared to a pure investment product.
  • Insurance policy with a high surrender value in the early years of the policy.

Read AboutHow can I accumulate a million dollar (Realistically)

Further considerations on NTUC Income Gro Capital Ease

  • How is  Etiqa or NTUC Income Gro Capital Ease investment returns based on historical performance?
  • How does NTUC Income Gro Capital Ease compare with Endowment policy from other insurance companies?
  • Can NTUC Income Gro Capital Ease fulfill my financial, insurance, health, and protection needs?

The above information may not fully highlight all the product details and features on NTUC Income Gro Capital Ease. Talk to us or seek advice from a financial adviser before making any decision about NTUC Income Gro Capital Ease.

Always ensure your long-term financial goals and objectives are aligned with the financial product you are considering to take up.

Read aboutHow can I accumulate a million dollar (Realistically)

Read About3 best Savings plans and endowment policies in Singapore (updated Jan 2020)

Where can I compare the payout and benefits of saving plans and endowment policies?

Before committing to an insurance policy, it certainly pays to make an effort to compare. Specific product features, benefits, and payouts will differ more than you think across insurance companies. Why regret only years later, when you find out that you are not getting the best insurance policy available for the premium paid?

Use our Compare NOW feature to receive the most competitive quotes on saving plans and endowment policies.

Alternatively, you just need to provide us with a couple of details below.

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Is NTUC Income Gro Capital Ease suitable for me?

Contact InterestGuru using the form below. Our panel of Independent financial planners will advise accordingly, based on your financial profile and protection needs.

All financial reviews and proposals provided are 100% free of charge. There will be no obligation to take up any proposed financial products or services in any way.

*For a limited time, get attractive incentives when you take up any products that is proposed by our team of financial planners.

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Before you go...
NTUC Income Gro Capital Ease may be a good fit towards your current financial goals. However, there could be way more plans out there with features and/ or benefits that could be more relevant to you at a lower cost.
Drop us a message and find out about customised options across multiple insurance companies. You deserve to get the best out of your hard-earned savings!
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