NTUC Capital Plus (CPN15) 1.4%pa Guaranteed
NTUC launches today another tranche of Capital Plus (CPN15). CPN15 offers a guaranteed return of 1.4% pa for a 2 year term. Principal is guaranteed upon maturity.
· Application via Cash or SRS monies only.
· Max entry age at age 80 based on last birthday.
· Minimum Investment: SGD $10,000.00
· Insurance Cover: 100% of Investment Amt if death/TPD occurs in Year 1; 105% of Investment Amt if death/TPD occurs in Year 2.
Application for CPN15 will close once NTUC hits its target of $65m or on 25 September 2009, whichever is earlier.
Due to the small tranche available, application will be by priority registration only. Interested persons to contact your financial adviser to make booking with NTUC. Or one can go down to any NTUC Branch directly to sign up.
What is the cash value if the policy is surrendered before maturity?
Early termination of the plan could result in a surrender value less than the single premium paid. The illustration for cash value based on a male, aged 45 with $10,000 single premium investment is as follows:
| End of year | Total Premium Paid | Cash Value | ||
| Guaranteed | Non-Guaranteed | Total | ||
| 1 | $10,000 | $9,126 | $0 | $9,126 |
| 2 | $10,000 | $10,282 | $0 | $10,282** |
** Maturity Value
