NTUC Income AstraLink Review
The complete Pros and Cons on NTUC Income AstraLink
NTUC Income AstraLink policy details
Read About: 3 best Investment Linked Policies in Singapore (2023 Edition)
- Life Policy – Investment-linked policy
- Provides multiplied coverage of at least 3x of the applicable sum assured before age 70
- Investment bonus of up to 67% of your regular premiums paid in your first policy year
- Up to 1% per annum loyalty bonus from the 10th policy anniversary
- Wealth accumulation with retirement option
- Flexibility to change, top up or withdraw from your investment
Read About: How does Investment-Linked Policy work?
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Features of NTUC Income AstraLink at a glance
Cash and Cash Withdrawal Benefits
Cash value: Yes
Cash withdrawal benefits: Yes
Health and Insurance Coverage
Death: Yes
Total Permanent Disability: Yes
Terminal Illness: Yes
Critical Illness: No
Early Critical Illness: No
Health and Insurance Coverage Multiplier
Death: No
Total Permanent Disability: No
Terminal Illness: No
Critical Illness: No
Early Critical Illness: No
Optional Add-on Riders
Critical Protect (ILP) rider
Additional Features and Benefits
Yes.
For further information and details, refer to NTUC Income website. Alternatively, fill up the form below and let us advise accordingly.
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NTUC Income AstraLink may be suitable if you are looking for
NTUC Income AstraLink may potentially be a good fit if the following matters to you:
- Initial high protection for Death and Terminal Illness coverage at an affordable premium.
- Initial high Early Critical Illness, Critical Illness and Total Permanent Disability coverage in an Insurance Policy.
- Health and Protection coverage due to a shortfall in your Insurance Portfolio.
- To participate in the long-term financial returns of investing.
- Liquidity or flexibility of withdrawal in your Insurance policy.
- Able to take investment risks and comfortable with financial market volatility.
- Potentially higher financial returns compare to traditional Endowment and Whole Life Policy.
NTUC Income AstraLink may not suitable if you are looking for
NTUC Income AstraLink may potentially be a bad fit if the following matters to you:
- Life-long health and protection coverage due to increasing mortality charges.
- Guaranteed financial returns in the long-run.
- Insurance policy with a high surrender value in the early years of the policy.
- Expecting an urgent need for withdrawal during a financial market downturn.
Read About: 3 things to consider before taking up a new financial product
Further considerations on NTUC Income AstraLink
- How are the investment returns of NTUC Income or NTUC Income AstraLink based on historical performance?
- How good is NTUC Income AstraLink compared to Investment Linked Policy from other insurance companies?
- Can NTUC Income AstraLink fulfil my financial insurance, health and protection needs?
The above information may not fully highlight all the product details and features on NTUC Income AstraLink. Talk to us or seek advice from a financial adviser before making any decision about NTUC Income AstraLink.
Always ensure your long-term financial goals and objectives are aligned with the financial product you are considering to take up.
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Is NTUC Income AstraLink suitable for me?
Contact InterestGuru using the form below. Our panel of licensed financial advisers will advise accordingly, based on your financial profile and protection needs.
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