growth plan

Please contact R.Unni at 93636316 or email runair@gmail.com for more details

Grow your investments effortlessly. With NTUC Income Growth Plan, we offer you the benefits of attractive returns and peace of mind with insurance protection – so you can grow, nurture and realize all your dreams and goals. Plant your seedlings today.

Guaranteed returns for your principal sum upon maturity
Like a good greenhouse, we provide protection regardless of current investment market conditions. Of course, Growth Plan also offers the added incentive of highly attractive returns on your principal sum upon maturity, giving you peace of mind on your investment.

Maximise your returns with additional rewards
You’ll be able to take time off to smell the roses. On top of attractive returns, we’ll also reward you with bonus each year based on the financial results of the participating life insurance funds. This sweetener will be added to the sum assured and this automatically ensures that the return on your investment is increased yearly.

The following illustration shows the maturity benefits for a male aged 40 investing a single premium of $50,000:

Policy Term Guaranteed
Maturity Benefit		 Non-Guaranteed
Maturity Benefit*		 Total Maturity
Benefit*
5 yrs $52,579 $5,445 $58,024
10 yrs $61,439 $13,177 $74,616
15 yrs $69,279 $23,195 $92,474
20 yrs $77,322 $35,924 $113,246

* The projected maturity benefits are based on a level of bonus rates, deemed supportable given that the Life Participating Fund earns an average 5.25% p.a. in the future. Bonus rates are non-guaranteed and benefits payable will depend on the future performance of the Life Participating Fund.

Sleep easy at night knowing you’re covered
Shelter from the elements is always essential. That’s why Growth Plan also offers you insurance in the form of the sum assured, plus bonuses or cash value, dependent on whichever is higher. In the event of Total and Permanent Disability (TPD) before age 65 or Death of the life insured, this sum would be payable. To tighten the security net, the total benefit payable will be up to 200% of the sum assured plus bonuses in the event of TPD before age 65, or Death caused by accident.

Financial flexibility freedom
No two buds bloom alike, so you should have the freedom and flexibility to select your investment terms (5 to 20 years)+ to suit your changing needs as you reach the different stages in life.

+ Policy term of 11 to 20 years are not available for cash investment.

Returns are projected based on estimated bonus rates that are not guaranteed and vary with future performance of the fund.

The information provided on this website is for general information only and not a contract of insurance. Please refer to policy document for precise terms and conditions. The precise terms, conditions and exclusions can be found in the policy contract.

Buying a life insurance plan is a long-term commitment. An early termination of the policy usually involves high costs and the surrender value payable may be less than the total premiums paid.

Information is correct at time of posting


Please contact R.Unni at 93636316 or email runair@gmail.com for more details