NTUC Income Invest Flex Vantage Review

The complete Pros and Cons on NTUC Income Invest Flex Vantage

NTUC Income Invest Flex Vantage allows you to invest flexibly and have the opportunity to receive potential income streams from the 1st policy year with dividend-paying funds.

NTUC Income Invest Flex Vantage product details

  • Life Policy – Investment-linked policy
  • 4 minimum investment period to choose from:
    • 5, 10, 15 or 20 years
  • Generate income from the 1st policy year
    • Option to receive a potential income stream from the 1st policy year with dividend-paying funds
  • Free premium holidays
    • Take a holiday from paying your regular premium for up to 120 months with no charges incurred from the 5th policy year
  • Start-up bonus
    • Receive Start-up bonus of up to 55% of your regular premium in the first policy year
  • Loyalty bonus
    • Receive loyalty bonus of 0.5% p.a. from the 10th year onwards
  • Maxmise your investment
    • with up to 105% of your regular premiums paid to purchase units
  • Adapt to life’s uncertainties
    • Option to withdraw some of your investments at no charge when any specified life event occurs during the Minimum Investment Period.
  • Continuity of wealth accumulation with a secondary insured
    • You can appoint your loved one as a secondary insured so your policy can continue in the event of the death of the insured
  • Stay protected while you invest
    • Complimentary protection against death and terminal illness

Read aboutInvestment-Linked Policy: Is it the best option?

Read about: 6 best Investment Linked Policies in Singapore (Updated)

Features of NTUC Income Invest Flex Vantage at a glance

Cash and Cash Withdrawal Benefits

  • Cash value: Yes
  • Cash withdrawal benefits: Yes

Health and Insurance Coverage

  • Death: Yes
  • Total Permanent Disability: No
  • Terminal Illness: Yes
  • 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

Yes

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.

Read aboutEffects of compounding returns on your investments

Read about5 ways to beat inflation in Singapore

NTUC Income Invest Flex Vantage may be suitable if you are looking for

NTUC Income Invest Flex Vantage may potentially be a good fit if the following matters to you:

  • To participate in the long-term financial returns of investing
  • A full-forced investment-linked policy with minimal insurance coverage
  • Able to take investment risks and comfortable with financial market volatility
  • Regular-pay premium term investment plan
  • Take unlimited premium holidays after the end of the minimum investment period
  • Potentially higher financial returns compared to traditional Endowment and Whole Life policies.
  • Insurance options without medical underwriting

Read about: An introduction to Investment Linked Policy

NEW Feature: Compare investment-linked policies across insurance companies using the CompareNOW feature on InterestGuru.sg.

NTUC Income Invest Flex Vantage may not be suitable if you are looking for

NTUC Income Invest Flex Vantage may potentially be a bad fit if the following matters to you:

  • Health and Protection coverage
  • High Death and Terminal Illness coverage
  • Insurance coverage for Early Critical Illness, Critical Illness or Total Permanent Disability
  • Guaranteed financial returns in the long run
  • Single premium investment option with no further financial commitment
  • Insurance policy with a high surrender value in the early years of the policy
  • Expecting an urgent need for withdrawal during a financial market downturn

Further considerations on NTUC Income Invest Flex Vantage

  • How is NTUC Income or NTUC Income Invest Flex Vantage investment returns based on historical performance?
  • How does NTUC Income Invest Flex Vantage compare with Investment-linked policies from other insurance companies?
  • Can NTUC Income Invest Flex Vantage fulfill my financial, insurance, health, and protection needs?

The above information may not fully highlight all the product details and features of NTUC Income Invest Flex Vantage. Talk to us or seek advice from a financial adviser before making any decision about NTUC Income Invest Flex Vantage.

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

Where can I compare the payout and benefits of Investment Linked 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 Investment linked Policies.

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

Is NTUC Income Invest Flex Vantage suitable for me?

Contact InterestGuru using the form below. Our panel of partnered 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.

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    Before you go...
    NTUC Income Invest Flex 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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