This post is for the 2008 tranche of Capital Plus. For the June 2018 tranche, you can refer to this post: NTUC Capital Plus June 2018 NTUC Income yesterday announced the launch of their Capital Plus Promotion. Anyone currently holding a NTUC Income policy is eligible for this promotion. This product is suitable for policyholders […]
Just a note to share that the subscriptions for Capital Plus has crossed $150 million yesterday. However, NTUC-Income will still accept any application recieved by 5pm today. Remember to include a photocopy of your NRIC together with your application forms. As there is an influx of applications for Capital Plus over the past few days, […]
NTUC Income’s Capital Plus is a single premium 12 months policy with a guaranteed yield of 2%. It is only available to existing NTUC Income’s policy holders and can be purchased with cash or SRS savings. The minimum purchase amount is $10,000. There is also a small death and total and permanent disability (TPD) benefit […]
In yesterday’s newspapers, there was an article about Tan Kin Lian, NTUC Income’s ex-CEO, mounting an online protest over some changes announced by NTUC recently. The changes involve restructuring bonus payouts for life policies sold after 1993. Essentially, the annual bonus will be reduced but this will be offset by an increase in the terminal […]