Category Archives for Endowment
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 […]
Closure of NTUC Growth Plan
The Growth Plan from NTUC is one of the more popular single premium endowment plans in the market for a duration of five years or more. While the returns are nowhere near what you can get from an equity investment, it does give a conservative and steady returns of 2-4%+ p.a. The interest rates in […]
Launch of PruAsset Guaranteed by Prudential
PruAsset Guaranteed was officially launched by Prudential today. PruAsset Guarantee is a 3-year single premium endowment plan that gives a guaranteed return of 1.4% p.a when held to maturity. The minimum premium is $5000 and it is available for age 1-70 for cash and age 18-70 for SRS. There’s a life coverage of 105% of […]
Relaunch of NTUC Capital Plus (CPN23)
NTUC Income will be launching a new series of their Capital Plus plan. This has a policy term of 2 years and a guaranteed yield of 1.4% p.a. upon maturity. Capital Plus will be opened for application from 11 July 2011. This product is available on a first-come first-serve basis. The allocation for this tranche […]
TM Wealth Enhancement (EnRICH)
Didn’t had the opportunity previously to post about this new plan which was launched in April 2011 by Tokio Marine but here we go. TM Wealth Enhancement (EnRICH) is a participating single premium 5-year endowment policy. The maturity benefit payable will result in the following guaranteed and projected total yields: Single Premium $20,000 to $199,000 […]