Key features for
NTUC Income's Gro Capital Ease
4.505% Guaranteed Total 3-Year
Returns
Capital
Guaranteed & Covered by SDIC
3-Year Term
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Why Apply for Gro Capital Ease
NTUC Income's Gro Capital Ease is a 3-Year savings product that gives a guaranteed return of 4.505% total 3-year returns (1.48% p.a.) and is capital guaranteed. Interest rates have been falling over the past few months. SSB is now only at 0.52% p.a.. Fixed deposits are only at 0.4% - 0.8%. Apply through InsureDIY and get DIY$ redeemable for vouchers!
Please note that allocation for this tranche is on a first-come-first served basis. We will arrange a Zoom meeting for you to sign the application after you complete the online form above.
DOWNLOAD & APPLY THROUGH OUR APP!
InsureDIY is offering NTUC Income's Gro Capital Ease with an online process. You will be able to apply and transfer the premium to NTUC Income directly all from the comfort of your own home. We are a broker licensed by MAS and an exempt Financial Adviser.
Other Savings & Investment Products you may wish to consider:
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|
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Capital Guaranteed Guaranteed Return Insurance Product |
4.88% 3-Year Guaranteed Return |
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BlackRock
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Unit Trusts |
3-Year return: 5.79% |
InsureDIY Promotion (Oct 2021)
Get DIY$10 for Single Premium amounts of S$60,000 and above and DIY$5 for Single Premium amounts below S$60,000!
| Single Premium Amount | Bonus Reward |
| Below S$60,000 | DIY$5 |
| S$60,000 and above | DIY$10 |
DIY$ can be exchanged for vouchers including InsureDIY vouchers, NTUC Fairprice and Cold Storage vouchers. Check out our rewards catalogue here.
Gro Capital Ease Oct 2021 Details
NTUC Income's Gro Capital Ease is a 3-year single premium plan that provides a guaranteed return and is capital guaranteed. This tranche can be paid for with cash or your SRS funds.
In addition to the guaranteed return at the end of 3 years, NTUC's Gro Capital Ease also includes an additional 5% Death and Total & Permanent Disability benefit cover from the second year.
NTUC Income's Oct 2021 Gro Capital Ease Product Illustration
| Policy | : | Gro Capital Ease (CSN9) |
| Policy Term | : | 3 Years |
| Death Benefit | Surrender Value | ||
| End of Policy Year | Total Premiums Paid to Date (S$) | Guaranteed(S$) | Guaranteed(S$) |
| 1 | 1,000.00 | 1,000.00 | 811.85 |
| 2 | 1,000.00 | 1,050.00 | 823.85 |
| 3 | 1,000.00 | 1,050.00 | 836.05 |
| 3 | 1,000.00 | Maturity Value | |
| 1,045.05 | |||
Other Savings & Investment Products
Here are some common questions
about NTUC Income's Gro Capital Ease Plan
1. Is there any difference between buying NTUC Income Gro Capital Ease through InsureDIY or from NTUC Income directly?
InsureDIY is distributing the same NTUC Income Gro Capital Ease plan as NTUC Income, with exclusive promotions that are not available anywhere else. We are also the only distributor to offer an online application process. So you can enjoy more value through our promo, while saving time!
2. Is there a difference between using cash to pay for the NTUC Gro Capital Ease premium versus using my SRS Funds?
No, there is no difference in terms of the return on the policy. Of course, if you use your SRS Funds to pay for the policy, then the proceeds will be paid back to your SRS Fund. For policyholders who pay in cash, the maturity proceeds will be paid by cheque to the policyholder.
3. What is the maximum premium size for NTUC Gro Capital Ease?
There is no specific maximum premium size. The maximum single premium per insured is subject to financial underwriting.
4. What are the minimum and maximum ages for NTUC Gro Capital Ease?
Individuals from ages 10 to 80 can apply for NTUC Gro Capital Ease.
5. If I am a foreigner, can I apply for NTUC Gro Capital Ease?
Yes. However, you must be residing in Singapore at the time of application. We would need to collect additional documents:
- Copy of passport with proof of entry
- Valid employment pass for those who are working (minimum validity of 6 months prior to expiry)
- Student pass or dependant pass is required for those who are not working
- Proof of residential address such as a copy of the utility bills, bank statement or letters issued by statutory or government bodies (dated within past 6 months)
Please do email us the above documents at [email protected] after filling in our online application form here.
InsureDIY is a Broker licensed by the Monetary Authority of Singapore and is an Exempt Financial Adviser. This advertisement has not been reviewed by the Monetary Authority of Singapore.
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