Category Archives for Endowment
NTUC DreamSaver
NTUC recently launched their DreamSaver product, a regular premium participating endowment plan with a policy term of 8 or 10 years and a limited premium paying term of 5 years. How it works is that you pay premiums for the first five years of the plan, and then you will receive a monthly cash coupon […]
Launch of NTUC Capital Plus (CPN21)
NTUC has just launched a new tranche of Capital Plus (CPN21) with immediate effect. Capital Plus (CPN21) is a single premium short-term savings plan with guaranteed returns. This plan has tenure of 3 years, with a guaranteed maturity benefit. It also provides cover against death and total & permanent disability (TPD). CPN21 offers a guaranteed […]
AIA 2Pay5
Next week, AIA will be launching the S$ 2Pay5 plan, a 5-year non-participating, limited 2-year pay product (Edit: The plan has been launched already). How it works is that you will need to pay annual premiums for two years, and then receive a lump sum payout at the end of five years. The plan offers […]
POSB MyPlus Plan
POSB has teamed up with Aviva to offer a 5-year single premium endowment product that pays 2.25% interest every year. This is a no-frills non-participating insurance product which also provides a sum assured of 101% of single premium for death or 106% of single premium for accidental death. At the end of the 5 years, […]
AIA Wealth Accumulator (A$)
AIA yesterday launched their new A$ Wealth Accumulator product. AIA A$ Wealth Accumulator is a 4.5-year, non-participating single premium endowment plan. The guaranteed yields are as follows: Single Premium Amount (A$) $10,000 – $29,000 : 4.50% p.a. $30,000 – $74,000 : 4.60% p.a. $75,000 and above : 4.70% p.a. As an example, a single premium […]