NTUC Income VivoLink Review
The complete Pros and Cons on NTUC Income VivoLink
NTUC Income VivoLink has been discontinued. For further information and details about this plan, fill up the form below and let us advise you accordingly.
NTUC Income VivoLink product details
- Life Policy – Investment-linked policy
- 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)
- Pays the basic benefit or cash-in value in the event of diagnosis of dread disease
- If you are retrenched and are not able to find employment for three continuous months, you can choose not to pay the premiums for up to six months. This benefit will not affect your coverage and can only be used once after you have paid premiums for at least six months
- You will not be charged or limited to the number of fund switches made per 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
NTUC Income Vivo Link is a common search alternative for NTUC Income VivoLink.
Read About: How does Investment-Linked Policy work?
Read About: Investment-Linked Policy: Is it the best option?
Features of NTUC Income VivoLink 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 VivoLink may be suitable if you are looking for
NTUC Income VivoLink 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 VivoLink may not be suitable if you are looking for
NTUC Income VivoLink 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.
Further considerations on NTUC Income VivoLink
- How are the investment returns of NTUC Income or NTUC Income VivoLink based on historical performance?
- How good is NTUC Income VivoLink compared to Investment Linked Policy from other insurance companies?
- Can NTUC Income VivoLink fulfil my financial insurance, health and protection needs?
The above information may not fully highlight all the product details and features on NTUC Income VivoLink. Talk to us or seek advice from a financial adviser before making any decision about NTUC Income VivoLink.
Always ensure your long-term financial goals and objectives are aligned with the financial product you are considering to take up.
Is NTUC Income VivoLink suitable for me?
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