Category Archives for Endowment
NTUC Launches Capital Plus (CPN15)
NTUC has just launched another series of their Capital Plus product. Capital Plus (CPN15) is a single premium 2-year endowment plan with a yield of 1.4% p.a. This is much lower than their previous series which had a yield of 1.8% p.a. The last day of application is 25th Sep 2009 or when the subscription […]
Bad News for Some Capital Plus Applicants
The recent tranche of Capital Plus by NTUC was so popular that $80 million of subscriptions came in on the last day itself. Regretfully, the management of NTUC Income had to return the cheques to some of these applications which came in at the last minute as the limit of $80 million for the tranche […]
Closure of Capital Plus (CPN13)
Due to over whelming response since the launch just a few days ago, NTUC Income will be closing the Capital Plus tranche (CPN13) with effect from 12 noon, 4 Aug 2009. Any submission after the deadline will not be accepted, and any over-subscription above their $80 million tranche will be returned.
NTUC Income Launches Capital Plus (CPN13)
NTUC Income has just introduced a new tranche of Capital Plus (CPN13) with effect from 29 July 2009. Capital Plus is a single premium non-participating endowment policy which matures in 2 years. At maturity, a guaranteed benefit based on annual returns of 1.8% p.a. is payable in one lump sum. The minimum single premium is […]
Withdrawal of TM Nest Egg (SP-Guaranteed 3)
The TM Nest Egg (SP-Guaranteed 3) will be closed for subscription with effect on Tuesday, 21st July 2009. If you want to apply for the plan, you need to make sure your completed application forms reach the TM Asia Life’s office by 1730hrs on Tuesday. Looks like the demand for this product is quite high; […]