NTUC Income GrowthLink Review
The complete Pros and Cons on NTUC Income GrowthLink
NTUC Income GrowthLink has been discontinued. For further information and details about this plan, fill up the form below and let us advise you accordingly.
NTUC Income GrowthLink product details
- Life Policy – Investment-linked policy
- Single premium
- Pays the basic benefit or cash-in value, whichever is higher, in the event of death or total and permanent disability (TPD before age 70)
- You will not be charged or limited to the number of fund switches made a year
- You have the freedom to change the amount you want to save each time, to top-up your investment with a lump sum or to withdraw some of your investments, as often as you wish
- Waiver of the policy fee of $50 per year (applicable from the second policy year) if your policy’s net premium is $25,000 or higher
NTUC Income Growth Link is a common search alternative for NTUC Income GrowthLink.
Read About: How does Investment-Linked Policy work?
Read About: Investment-Linked Policy: Is it the best option?
Features of NTUC Income GrowthLink at a glance
Cash and Cash Withdrawal Benefits
Cash value: Yes
Cash withdrawal benefits: Yes
Health and Insurance Coverage
Death: Yes
Total Permanent Disability: No
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
NA
Additional Features and Benefits
Yes.
Read About: Effects of compounding returns on your investments
NTUC Income GrowthLink may be suitable if you are looking for
NTUC Income GrowthLink may potentially be a good fit if the following matters to you:
- A one-time premium commitment with no further cash commitment
- 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 GrowthLink may not suitable if you are looking for
NTUC Income GrowthLink may potentially be a bad 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.
- 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.
Further considerations on NTUC Income GrowthLink
- How are the investment returns of NTUC Income or NTUC Income GrowthLink based on historical performance?
- How good is NTUC Income GrowthLink compared to Investment Linked Policy from other insurance companies?
- Can NTUC Income GrowthLink fulfil my financial insurance, health and protection needs?
The above information may not fully highlight all the product details and features on NTUC Income GrowthLink. Talk to us or seek advice from a financial adviser before making any decision about NTUC Income GrowthLink.
Always ensure your long-term financial goals and objectives are aligned with the financial product you are considering to take up.
Is NTUC Income GrowthLink 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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