Category Archives for Endowment
Extension of NTUC Capital Plus
NTUC Income has increased their tranche of Capital Plus (CPN16) and will be extending the offer of this plan till 21st December 2009 (next monday). They will provide guaranteed acceptance for any application that reaches their office by 21st December, 5.00pm. Looks like demand for these kinds of product seems to be tapering down.
Launch of NTUC Capital Plus (CPN16)
NTUC Income just launched their latest tranche of Capital Plus yesterday. Capital Plus CPN16 is a single premium non-participating plan which offers a guaranteed return of 1.6% p.a. for a 2 year term, available for new and exisiting policyholders. This means an initial investment of $10,000 will have a maturity value of $10323. The minimum […]
Hot Single Premium Non-Participating Endowments
In the past few months, we have seen a number of single premium non-participating insurance plans being launched by different life insurance companies: AIA, NTUC, Prudential, HSBC and TM Asia Life. The plans are either 2 or 5 year terms offering yields of between 1.4% to 2.75% p.a. AIA Wealth Accumulator HSBC Guaranteed Saver Plus […]
TM Nest Egg (SP-Guaranteed 4) Launch
TM Asia Life is the latest insurer to launch a 5-year non-participating single premium insurance product, called TM Nest Egg (SP-Guaranteed 4). The plan requires a minimum of $15,000 and gives a fixed yearly dividend (interest) of 2.45%. The investment can be using either cash or SRS. No medical underwriting is required and the maximum […]
PruInvestor Guaranteed Plus Relaunched
Prudential has just relaunched another tranche of their single premium 5- year non-participating endowment plan – PruInvestor Guaranteed Plus. The previous tranche was in May this year. Details of this plan are as follows: Minimum premium : $5000 Payment mode : Cash or SRS Eligibility : Available for those between 1 – 70 years of […]