NTUC Income Gro Steady Saver Review
The complete Pros and Cons on NTUC Income Gro Steady Saver
NTUC Income Gro Steady Saver is a flexible savings plan that allows you to save and enjoy guaranteed cash benefits while protecting yourself. You will start to receive 5% of the sum assured as your guaranteed yearly cash benefit after 2 years.
NOTE: NTUC Income Gro Steady Saver has been phased out and is no longer available. The latest updated and upgraded version is NTUC Income Gro Sure Saver.
NTUC Income Gro Steady Saver product details
NTUC Income Gro Steady Saver Rating on InterestGuru.sg: [usr=2.83]
NTUC Income Gro Steady Saver Popularity on InterestGuru.sg: [usr=3.17]
Read About: 3 best Savings plans and Endowment policies in Singapore (updated 2023)
- Life policy – Endowment and Saving policy
- A flexible savings plan that allows you to save and enjoy guaranteed cash benefits while protecting you
- You will start to receive 5% of the sum assured as your guaranteed yearly cash benefit after 2 years. You can choose to spend it as you wish or accumulate it at an interest rate of up to 3.5% p.a
- Pays the sum assured and bonuses in the event of death or total and permanent disability (TPD before age 70)
NTUC Income Revo Save is a common search alternative for NTUC Income Gro Steady Saver.
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Features of NTUC Income Gro Steady Saver 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: No
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
Payor Premium Waiver
Enhanced Payor Premium Waiver
Dread Disease Premium Waiver
Early Cancer Waiver
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 Gro Steady Saver may be suitable if you are looking for
NTUC Income Gro Steady Saver may potentially be a good fit if the following matters to you:
- Liquidity or flexibility of withdrawal in your Insurance policy.
- A hassle-free application without medical underwriting
- Short to medium term endowment and savings plan
- To saving regularly over a period of time
- To potentially generate higher financial returns compared to bank accounts
NTUC Income Gro Steady Saver may not suitable if you are looking for
NTUC Income Gro Steady Saver may potentially be a bad fit if the following matters to you:
- Health and Protection coverage
- High insurance coverage for Death or Terminal Illness
- Insurance coverage for Early Critical Illness, Critical Illness or Total Permanent Disability
- Lifetime regular cash payout
- A one-time premium commitment with no further cash commitment
- Potentially higher financial returns compared to a pure investment product.
- Insurance policy with a high surrender value in the early years of the policy.
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Further considerations on NTUC Income Gro Steady Saver
- How is NTUC Income or NTUC Income Gro Steady Saver investment returns based on historical performance?
- How does NTUC Income Gro Steady Savercompare with Endowment policy from other insurance companies?
- Can NTUC Income Gro Steady Saver fulfil my financial, insurance, health and protection needs?
The above information may not fully highlight all the product details and features on NTUC Income Gro Steady Saver. Talk to us or seek advice from a financial adviser before making any decision about NTUC Income Gro Steady Saver.
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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Read About: 3 best Savings plans and endowment policies in Singapore (updated 2023)
Is NTUC Income Gro Steady Saver suitable for me?
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