Gro Capital Ease

Gro Capital Ease is available for purchase from 28 Sep 2020 onwards.

Fuel your savings with a short-term savings plan

Enjoy a guaranteed maturity benefit of 106.00%[1] of the single premium after 3 years.
Guaranteed acceptance regardless of your health condition.
Enjoy a guaranteed yield at maturity of 1.96% p.a.[2] at the end of the policy term.
Minimum single premium for online purchase starts at $5,000, payable via eNets, PayNow QR or Supplementary Retirement Scheme (SRS) funds, or at $20,000 if made through a financial advisor representative, payable using cash or SRS.
Stay protected against death & total and permanent disability (TPD before age 70).
Option to pay premiums using Supplementary Retirement Scheme (SRS) funds.

Let us walk you through Gro Capital Ease.

How to achieve your short-term goals.

How Gro Capital Ease can fuel your savings

40 years old

Mr Tan, age 40, decides to grow his wealth over a short term period by signing up for Gro Capital Ease with a single premium of $100,000.

At maturity:
106.00%¹
of single premium

43 years old

Upon maturity of his policy, Mr Tan can receive a total guaranteed maturity benefit of $105,996 (rounded to the nearest dollar), based on a guaranteed yield at maturity of 1.96% p.a.²

Your policy toolkit.

Eligibility and payment frequency

Entry Age

	Minimum	Maximum
Insured	10	80
Policyholder	10*	N.A.

*Individuals who take up the policy on their own from 10 to 15 years old (age last birthday) will require parental/legal guardian’s consent. Parents cannot take up policies on the lives of their children who are 18 years old (age last birthday) and above.

You can only make your payment in a single premium.

Important notes

Footnotes

The guaranteed maturity benefit of 106.00% (rounded to the nearest 2 decimal places) of the single premium is based on the guaranteed yield at maturity of 1.96% p.a.
The guaranteed yield at maturity of 1.96% p.a. will be paid out at the end of the 3-year policy term, provided that the insured survives at the end of the policy term, with no policy alterations or claims made during the entire policy term.

Exclusions

There are certain conditions whereby the benefits under this plan will not be payable. You can refer to your policy contract for the precise terms, conditions and exclusions of the plan. The policy contract will be issued when your application is accepted.

Important Notes

This page is for general information only. You can find the usual terms and conditions of this plan in the policy contract. All our products are developed to benefit our customers but not all may be suitable for your specific needs. If you are unsure if this plan is suitable for you, we strongly encourage you to speak to a qualified insurance advisor. Otherwise, you may end up buying a plan that does not meet your expectations or needs. As a result, you may not be able to afford the premiums or get the insurance protection you want. Buying a life insurance plan is a long-term commitment on your part. If you cancel your plan prematurely, the cash value you receive may be zero or less than the premiums you have paid for the plan.

This policy is protected under the Policy Owners’ Protection Scheme which is administered by the Singapore Deposit Insurance Corporation (SDIC). Coverage for your policy is automatic and no further action is required from you. For more information on the types of benefits that are covered under the scheme as well as the limits of coverage, where applicable, please contact Income or visit the GIA/LIA or SDIC websites (www.gia.org.sg or www.lia.org.sg or www.sdic.org.sg).

This advertisement has not been reviewed by the Monetary Authority of Singapore.

Information is correct as of 25 September 2020.