NTUC Income's Gro Capital Ease
Guaranteed Return & Capital Guaranteed
NTUC Income GCE is CLOSED: WAITLIST NEXT TRANCHE ONLY
OPEN: Apply for i-Save 4.57% 3-Year Guaranteed Return HERE.
Once your application is created in NTUC Income's system, an SMS / Email with your proposal number will be sent to you. You will be able to make premium payment via cheque / cashier's order after you have received your proposal number.
Cheques / Cashier's Order are to be made payable to "NTUC Income".
Please write the following at the back of your Cheque:
- Name (as in NRIC)
- NRIC Number
- Contact Number
- Proposal Number
- Adviser: InsureDIY Pte Ltd
For Cashier's Order Only
Please also submit a copy of the Cashier's Order Withdrawal Slip or Cashier's Order Application Form to firstname.lastname@example.org.
Once your application is created in NTUC Income's system, an SMS / Email with your proposal number will be sent to you. You will be able to make premium payment after you have received your proposal number. Please quote your proposal number when making payment.
* For Bank Transfer, Funds are to be paid out of an account held in your name (i.e. the policyholder).
Please check that your DBS SRS account number has 14 digits and ends with 223.
Please check that your OCBC SRS account number has 12 digits and ends with 223.
Please check that your UOB SRS account number has 9 digits and starts with 180.
NTUC Income's Gro Capital Ease is a 2-Year savings product that gives a guaranteed return of 2.43% total 2-year returns (1.21% p.a.) and is capital guaranteed. Interest rates have been falling over the past few months. SSB is now only at 0.38% p.a.. Fixed deposits are only at 0.05% - 0.65%. Apply through InsureDIY and get DIY$ redeemable for vouchers!
The July 2021 tranche is now closed. Please register above and we will notify you once the next tranche is launched. We will also notify you of future similar products.
You may wish to also consider China Taiping's i-Save which gives a total 3-Year guaranteed return of 4.57% (or 1.5% p.a.). Please apply soon as this tranche is also closing! Apply for i-Save here.
DOWNLOAD & APPLY THROUGH OUR APP!
InsureDIY is offering NTUC Income's Gro Capital Ease with an online process. You will be able to apply and transfer the premium to NTUC Income directly all from the comfort of your own home. We are a broker licensed by MAS and an exempt Financial Adviser.
Other Savings & Investment Products you may wish to consider:
|Product||Product Type||Register for these Products here:|
4.57% 3-Year Total Return
Best of Bond Funds:
3-Year return: 5.79%
Get DIY$10 for Single Premium amounts of S$60,000 and above and DIY$5 for Single Premium amounts below S$60,000!
|Single Premium Amount||Bonus Reward
|S$60,000 and above||DIY$10|
DIY$ can be exchanged for vouchers including InsureDIY vouchers, NTUC Fairprice and Cold Storage vouchers. Check out our rewards catalogue here.
NTUC Income's Gro Capital Ease is a 2-year single premium plan that provides a guaranteed return and is capital guaranteed. This tranche can be paid for with cash or your SRS funds.
In addition to the guaranteed return at the end of 2 years, NTUC's Gro Capital Ease also includes an additional 5% Death and Total & Permanent Disability benefit cover in the second year.
NTUC Income's July 2021 Gro Capital Ease Product Illustration
|Policy||:||Gro Capital Ease (CSN8)|
|Policy Term||:||2 Years|
|Death Benefit||Surrender Value|
|End of Policy Year||Total Premiums Paid to Date (S$)||Guaranteed(S$)||Guaranteed(S$)|
1. Is there any difference between buying NTUC Income Gro Capital Ease through InsureDIY or from NTUC Income directly?
InsureDIY is distributing the same product NTUC Income Gro Capital Ease as NTUC Income. We are offering exclusive promotions on Gro Capital Ease that are not available anywhere else. We are also the only distributor to offer an online application process. So you will get more value through our promo and you also save time!
2. Is there a difference between using cash to pay for the NTUC Gro Capital Ease premium versus using my SRS Funds?
No, there is no difference in terms of the return on the policy. Of course, if you use your SRS Funds to pay for the policy, then the proceeds will be paid back to your SRS Fund. For policholders who pay in cash, the maturity proceeds will be paid by cheque to the policyholder.
3. What is the maximum premium size for NTUC Gro Capital Ease?
There is no specific maximum premium size. The maximum single premium per insured is subject to financial underwriting.
4. What are the minimum and maximum ages for NTUC Gro Capital Ease?
Insureds from ages 10 to 80 can apply for NTUC Gro Capital Ease.
5. If I am a foreigner, can I apply for NTUC Gro Capital Ease?
Yes. However, you must be residing in Singapore at the time of application. We would need to collect additional documents:
InsureDIY is a Broker licensed by the Monetary Authority of Singapore and is an Exempt Financial Adviser. This advertisement has not been reviewed by the Monetary Authority of Singapore.