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NTUC Growth Plan Promotion

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4 replies [Last post]
Sun, 09/07/2008 - 21:04
vic84
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Joined: 03/17/2008
 

From now till 31 October 2008, sign up for our Growth Plan and enjoy extra bonus units*. You will enjoy up to 4.29% p.a.* returns on your savings.

Extra Bonus Units
Policy Terms*
(Years)		 Extra Bonus Units*
 (% of Sum Assured)
5 – 10 1.0%
11 – 15 1.5%
≥ 16 2.5%

Projected Maturity Yields

Term Without Extra
Bonus Unit		 With Extra
Bonus Unit
5 3.02% 3.23%
7 3.66% 3.81%
8 3.76% 3.89%
10 4.08% 4.19%
15 4.18% 4.29%
20 4.17% 4.30%

Any comments?
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Sun, 09/07/2008 - 21:09
#1
qwerty123
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Joined: 03/18/2008

hmmm...is it an endowment plan?

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Wed, 09/10/2008 - 23:55
#2
lioninvestor
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Joined: 04/04/2008

Yes, it's a single premium endowment plan.

Come visit the Den of the Lion Investor for more investing ideas.
http://www.lioninvestor.com

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Fri, 09/12/2008 - 12:09
#3
vic84
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Joined: 03/17/2008

Recently NTUC has so many promotions,  Banks are coming with monthly saving plans too with the freebies and stuff. Wonder if this is the current trend?

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Fri, 09/12/2008 - 13:25
#4
qwerty123
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not only that, but FD rates seems to be improving also...
this can be seen from hardwarezone money mind forum, where people are discussing about the rates for FDs..

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