It is ironic. Fixed deposit rollers always complain that the interest rate are too low yet they are most reluctant to commit longer period to preserve better return. The common misperception is that they can always shop around for the best deal whenever their one year fixed deposit is due. The hard truth is that […]
NTUC Income Value Pack for the Low Income Group
NTUC Income will be launching a Value Pack comprising a low-cost term insurance and Enhanced Incomeshield Plan C specially for the low income group and the uninsured. This initiative is driven by NTUC’s social purpose and seeks to address the protection gap issues of the low-income group, uninsured and underinsured. This pack is only sold […]
NTUC VivoCare
NTUC has recently launched a new product called VivoCare. This is a all-in-one participating regular premium whole life plan that covers death, total & permanent disability (TPD), terminal illness and dread diseases. Although the plan is a whole life insurance, the emphasis of the product is to cover dread diseases (critical illness). VivoCare covers more […]
NTUC Relaunching Capital Plus – 1.4% Yield for 2 Years
NTUC is relaunching a new tranche of Capital Plus (CPN23) with effect next monday, 11 July 2011. Capital Plus (CPN23) is a single premium short-term savings plan with guaranteed returns. This plan has tenure of 2 years and a guaranteed maturity benefit. It has a guaranteed yield of 1.4% p.a. upon maturity. It also provides […]
NTUC Income to Make $415.5 Million Bonus Payout in 2010
NTUC Income will be maintaining our yields and payouts on all insurance policies maturing or terminating in 2010. As part of 40th Anniversary celebration, NTUC will also be making bonus payout worth $415.5m In announcing its regular Annual and Special Bonuses, NTUC Income will maintain the yields and payouts on all insurance policies maturing or […]
NTUC Capital Plus – Guaranteed return of 1.6% p.a. for 2 yr term
Interest rate environment continues to be low. The Fixed deposit rates are at extremely low level (see table below) and economists are expecting that interest rates will remain low in the near future. NTUC is offering Capital Plus which is an attractive product to invest for short term. Reference: Interest Rate 2009 Bank S$ Fixed […]