NTUC Capital Plus is back (1.8%pa guaranteed)

NTUC Capital Plus is back (hot favourite last Dec 08 with its 2yr 2%pa guaranteed version).

This 3rd version is a single premium non-participating (i.e. returns guaranteed, not dependent on investment projection) savings plan maturing in 2yrs.

Key Features:

1. Guaranteed Return 1.8% pa (i.e. for invested 10,000, maturity value is 10,360)
2. Min Investment: 10,000 SGD (max 1,000,000)
3. Cash or SRS only (subscription mode)
4. Death benefit= 105% of single premium
5. Max entry age: 80
6. Surrender benefit @ end of Yr1 = 9,162 per 10k (cash value if early surrender)

Subscription will close the earlier of 21 Aug 09 or when $80 million worth of premium is collected for this plan.