NTUC Income Luxe Plus Solitaire provides monthly cash payouts with a single premium.
NTUC Income Luxe Plus Solitaire product details
- Life policy – Universal Life Insurance
- Single premium.
- Lifetime monthly cash payouts.
- From the end of the 3rd policy year, you’ll receive monthly cash payouts till age 120.
- Empowered with choice.
- Choose to receive your cash payouts or accumulate it to receive interest at a rate of up to 3.00% p.a.
- Appointment of secondary insured..
- Leave a legacy and appoint your loved one as your policy’s secondary insured to continue your wealth accumulation.
- Receive protection till age 120.
- In the unfortunate event of the insured’s death or diagnosis of terminal illness, a lump sum benefit consisting of 105% of the net single premium and a non-guaranteed terminal bonus will be paid.
- Maturity benefit at age 120.
- Receive a maturity benefit of 120% of the net single premium and a non-guaranteed terminal bonus, at the point of policy maturity when the original insured reaches 120 years old.
- Guaranteed issuance.
- Application is hassle-free and acceptance is guaranteed regardless of health conditions. There is no need for any medical check-up.
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Features of NTUC Income Luxe Plus Solitaire 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
Nil
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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