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Tag Archives for " NTUC "

NTUC Capital Plus (CPN35) June 2018

NTUC Income will be launching their limited tranche short term endowment plan Capital Plus (CPN35) on 6th June 2018. Capital Plus at a glance: 3-year non-par, single premium endowment plan Guaranteed yield of 2.30% pa Capital guaranteed upon maturity No medical underwriting required Minimum amount required $20,000 Cash and SRS only, no CPF The benefit illustration (based on $10k) […]


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NTUC SpecialCare (Down Syndrome) Insurance

It is not easy for parents of children with Down Syndrome to obtain insurance coverage for their children. SpecialCare (Down Syndrome) is a new insurance plan launched by NTUC Income designed to give coverage to children with Down Syndrome. Besides having the common features of a personal accident insurance plan, this plan also offers benefits such […]


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Rejection of DPS Insurance Claim and Why

Recently, there was a letter in the ST Forum about a person being unable to make a claim on her Dependent Protection Scheme (DPS) insurance. In this particular case, the person was disabled from the waist down and wanted to claim based on the benefit of “permanent incapacity” in her DPS insurance. This is defined as “being […]


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NTUC Bonds Red Hot

NTUC Income’s first issue of 15-year bonds was so keenly taken up that there was a 15 times over-subscription for the $600 million offer. The 15-year bond comes with a coupon rate of 3.65% p.a. While the bonds have a maturity of 15 years, NTUC Income has the option to redeem the notes in full […]


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NTUC Launch of Capital Plus (CPN29)

Yesterday, NTUC launched yet another series of their Capital Plus plan, a limited-tranche non-participating 2-years single premium non-participating plan. Brief outline of the plan: 2-years single premium non-participating plan Guaranteed interest of 1.40%p.a. Every $10,000 investment will receive $10,281.96 at maturity. Provides TPD before age 65 years old (last birthday) and Death coverage Entry age of 16 […]


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