NTUC Income Limited Pay RevoSave Review

NTUC Income Limited Pay RevoSave product details

• Life policy – Endowment and Saving policy
• A savings plan with a wide selection of policy terms and premium payment terms that allows you to save and enjoy guaranteed yearly cash benefits after 2 years while protecting you
• You will start to receive 5% of the sum assured as your guaranteed yearly cash benefit after 2 years. You can choose to spend it as you wish or accumulate it at an interest rate of up to 3.5% p.a
• Pays the 105% of all net premiums paid and 100% bonuses in the event of death or total and permanent disability (TPD before age 70)
• Receive an additional 100% of the sum assured if death or total and permanent disability before age 70, is due to an accident. If the accident happened during a restricted activity, this benefit will be reduced to 60% of the sum assured
• Your policy will be accepted regardless of your health condition
• Your capital is guaranteed upon maturity

NTUC Income Limited Pay Revo Save is a common search alternative for NTUC Income Limited Pay RevoSave.

Read About: Endowment and Saving policy: How does it work?

Read About: Endowment and Saving policy: Is it the best option?

Features of NTUC Income Limited Pay RevoSave at a glance

Cash and Cash Withdrawal Benefits
Cash value: Yes
Cash withdrawal benefits: Yes

Health and Insurance Coverage
Death: Yes
Total Permanent Disability: Yes
Terminal Illness: No
Critical Illness: No
Early Critical Illness: No

Health and Insurance Coverage Multiplier
Death: No
Total Permanent Disability: No
Terminal Illness: No
Critical Illness: No
Early Critical Illness: No

Optional Add-on Riders
Cancer Premium Waiver (GIO)

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: Effects of compounding returns

Read About: 3 things to consider before taking up a new financial product

NTUC Income Limited Pay RevoSave may be suitable if you are looking for

NTUC Income Limited Pay RevoSave may potentially be a good fit if the following matters to you:

• Liquidity or flexibility of withdrawal in your Insurance policy.
• A hassle-free application without medical underwriting
• Short to medium term endowment and savings plan
• To saving regularly over a period of time
• To potentially generate higher financial returns compared to bank accounts
  
  

NTUC Income Limited Pay RevoSave may not suitable if you are looking for

NTUC Income Limited Pay RevoSave may potentially be a bad fit if the following matters to you:

• Health and Protection coverage
• High insurance coverage for Death or Terminal Illness
• Insurance coverage for Early Critical Illness, Critical Illness or Total Permanent Disability
• Lifetime regular cash payout
• A one-time premium commitment with no further cash commitment
• Potentially higher financial returns compared to a pure investment product.
• Insurance policy with a high surrender value in the early years of the policy.

Further considerations on NTUC Income Limited Pay RevoSave

• How is NTUC Income or NTUC Income Limited Pay RevoSave investment returns based on historical performance?
• How does NTUC Income Limited Pay RevoSave compare with Endowment policy from other insurance companies?
• Can NTUC Income Limited Pay RevoSave fulfil my financial, insurance, health and protection needs?

The above information may not fully highlight all the product details and features on NTUC Income Limited Pay RevoSave. Talk to us or seek advice from a financial adviser before making any decision about NTUC Income Limited Pay RevoSave.

Always ensure your long-term financial goals and objectives are aligned with the financial product you are considering to take up.

Is NTUC Income Limited Pay RevoSave suitable for me?