The single premium endowment plan has gained popularity over the recent years. With the successful launch of NTUC Income’s Capital Plus and China Taiping’s i-Save, Aviva decided to jump on the bandwagon by offering a similar three-year endowment plan called MySecureSaver. The plan offers 2.25% Guaranteed Interest per year for 3 years, which is higher than […]
Universal Life Insurance: How it fits into your legacy planning and retirement planning
Universal life insurance is one of the best solutions for legacy planning and retirement planning. It provides guaranteed returns and liquidity in a volatile time like now. But universal life insurance is a very complexed and highly customizable product too. That is why it is often poorly advised, if not mis-sold. As a licensed independent […]
Endowment Plan: NTUC Capital Plus New Tranche Offers 2.18% Guaranteed Return (CSN1)
NTUC Capital Plus is a very popular short-term savings plan in Singapore with Guaranteed interest. The insurer NTUC INCOME has just launched a new tranche CSN1. This tranche is a 3-year single premium endowment plan Non-participating – meaning no bonus, all returns are guaranteed. Guaranteed returns of 2.18% per annum This tranche offers slightly better […]
Best 3-Year Endowment Plan: China Taiping Offers 2.38% Guaranteed Yield
Where can you get Guaranteed Return without locking in your capital for long in the uncertain world today? You should consider short-term endowment plans. Endowment plan is the simplest form of investment. You pay a premium to the insurer promises you a guaranteed return in a fixed number of years. In the past couple of years, […]
Policy Owners Protection Scheme
You buy insurance for the guarantee of your financial future. But what if the insurance company goes bankrupt? The collapse of Lehman Brothers and near bankrupt of AIG during the global financial crisis has shown this concern is real. Singapore consumers enjoy the benefits of a sound financial system, but MAS does not guarantee the soundness of […]
Endowment Plan: China Life Special SaveGrowth Offers 2.6% Guaranteed Yield
If you have extra cash in the bank, you want your money to work harder for your retirement. But if you are not comfortable with investing and yet not satisfied with the low interest of the bank deposit, you may want to put it in a short-term endowment plan. Single premium endowment plan becomes so […]