NTUC Income Gro Cash Sure is an insurance savings plan that gives you the assurance that your capital is guaranteed while it provides you a lifetime of cash payouts starting from the end of the premium term till age 120.
NTUC Income Gro Cash Sure product details
- Life policy – Endowment and Savings Policy
- Premium Term
- Choose to pay your premiums for 5 or 10 year
- Yearly Cash Payouts
- Receive a lifetime of cash payouts of up to 9.9% of the sum assured from the end of premium term till age 120
- Capital Guaranteed
- Capital is guaranteed upon end of premium term
- Loyalty Bonus
- Boost your savings with loyalty bonus in addition to the cash bonus from the end of 20 years after the premium term is completed
- Secondary Life Assured
- Appoint your loved one as a secondary insured so your policy can continue in the event of death of the insured
- Death and Terminal Illness Coverage
- Be covered against Death and Terminal Illness the higher of 105% of all premiums paid or the guaranteed cash surrender value AND
- Non-Guaranteed Terminal Bonus AND
- Any reinvested payouts with interest less any paid out payouts
- Hassle Free Application
- No medical check needed
Read about: 3 Best Whole Life Endowment Savings Plans in Singapore (Updated)
Features of NTUC Income Gro Cash Sure at a glance
Cash and Cash Withdrawal Benefits
- Cash value: Yes
- Cash withdrawal benefits: Yes
Health and Insurance Coverage
- Death: Yes
- Total Permanent Disability: No
- Terminal Illness: Yes
- Critical Illness: N.A
- Early Critical Illness: N.A
Health and Insurance Coverage Multiplier
- Death: N.A
- Total Permanent Disability: N.A
- Terminal Illness: N.A
- Critical Illness: N.A
- Early Critical Illness: N.A
Optional Add-on Riders
- Savings Protector Pro
- Cancer Premium Waiver
Additional Features and Benefits
Yes.
For further information and details, refer to NTUC Income website. Alternatively, fill up the form below and let us advise accordingly.
Read about: How can I accumulate a million dollar (Realistically)
Read about: The Complete Guide to Retirement Planning in Singapore
NTUC Income Gro Cash Sure may be suitable if you are looking for
NTUC Income Gro Cash Sure may potentially be a good fit if the following matters to you:
- Regular cash payout for a lifetime
- Saving regularly over a period of time or
- Insurance options without medical underwriting
- To potentially generate higher financial returns compared to bank accounts
- Insurance policy with a high surrender value in the early years of the policy
Read about: When should you start making plans for retirement?
Read about: The effects of compounding returns on your savings
NTUC Income Gro Cash Sure may not be suitable if you are looking for
NTUC Income Gro Cash Sure may potentially be a bad fit if the following matters to you:
- Health and Protection coverage
- High insurance coverage for Death or Terminal Illness
- High insurance coverage for Early Critical Illness, Critical Illness or Total Permanent Disability
- Potentially higher financial returns compared to a pure investment product.
Read about: Why should you choose a shorter premium term on your insurance policies
Further considerations on NTUC Income Gro Cash Sure
- How is NTUC Income or NTUC Income Gro Cash Sure investment returns based on historical performance?
- How does NTUC Income Gro Cash Sure compare with retirement plans and annuity policies from other insurance companies?
- Can NTUC Income Gro Cash Sure fulfill my financial, insurance, health, and protection needs?
The above information may not fully highlight all the product details and features on NTUC Income Gro Cash Sure. Talk to us or seek advice from a financial adviser before making any decision about NTUC Income Gro Cash Sure.
Always ensure your long-term financial goals and objectives are aligned with the financial product you are considering taking up.
Read about: 4 Best Retirement plans and Annuity Policies in Singapore (Updated)
Is NTUC Income Gro Cash Sure suitable for me?
Contact InterestGuru using the form below. Our panel of licensed financial advisers will advise accordingly, based on your financial profile and protection needs.
All financial reviews and proposals provided are 100% free of charge. There will be no obligation to take up any proposed financial products or services in any way.
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