Grow your investments effortlessly. With NTUC Income Growth Plan, we offer you the benefits of attractive returns and peace of mind with insurance protection – so you can grow, nurture and realize all your dreams and goals. Plant your seedlings
today.
Guaranteed returns for your principal sum upon maturity
Like a good greenhouse, we provide protection regardless of current investment market conditions. Of course, Growth Plan also offers the added incentive of highly attractive returns on your principal sum upon maturity, giving you peace
of mind on your investment.
Maximise your returns with additional rewards
You’ll be able to take time off to smell the roses. On top of attractive returns, we’ll also reward you with bonus each year based on the financial results of the participating life insurance funds. This sweetener will be added
to the sum assured and this automatically ensures that the return on your investment is increased yearly.
The following table of illustration shows the cash values for a single investment
of $50,000 for a male aged 40:
Policy Term |
Guaranteed
Cash Value |
Non-Guaranteed
Cash Value |
Total Maturity
Benefit* |
5 yrs |
$52,579 |
$5,445 |
$58,024 |
10 yrs |
$61,439 |
$13,177 |
$74,616 |
15 yrs |
$69,279 |
$23,195 |
$92,474 |
20 yrs |
$77,322 |
$35,924 |
$113,246 |
* Projected bonus is based on estimated bonus rates that are not guaranteed
and vary with future performance of the funds.
Sleep easy at night knowing you’re covered
Shelter from the elements is always essential. That’s why Growth Plan also
offers you insurance in the form of the sum assured, plus bonuses or cash value,
dependent on whichever is higher. In the event of Total and Permanent Disability
(TPD) before age 65 or Death of the life insured, this sum would be payable. To
tighten the security net, the total benefit payable will be up to 200% of the
sum assured plus bonuses in the event of TPD before age 65, or Death caused by
accident.
Financial flexibility freedom
No two buds bloom alike, so you should have the freedom and flexibility to select
your investment terms (5 to 20 years) to suit your changing needs as you reach
the different stages in life.
Returns are projected based on estimated bonus rates that are not guaranteed and vary with future performance of the fund.
Buying a life insurance plan is a long-term commitment. An early termination of the policy usually involves high costs and the surrender value payable may be less than the total premiums paid.
Information is correct at time of posting. Please check
with NTUC Income for subsequent updates, if any. The information provided on
this website is for general information only and not a contract of insurance.
Please refer to policy document for precise terms and conditions.
Please call 62Income (6246 2663), email product@income.com.sg or
Visit our branch/business
centres, contact your insurance adviser
|