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GRO RETIRE EASE

Income Insurance

Category

Savings

Coverage

Death, Disability

Coverage Term

discrete term 10,20,30

Overview

NTUC Gro Retire Ease is a regular premium, participating, endowment insurance plan. The plan pays out monthly guaranteed cash benefits throughout the selected payout period, plus non-guaranteed cash bonuses. It provides coverage against death, which is 105% of all net premiums paid plus bonus, less all cash benefits paid out. The plan is guaranteed acceptance regardless of your health condition. Choice of different policy term and premium payment term.

Key Features

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Earn up to 45% commission rebates*

*For eligible insurance plans only

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Understanding Savings Plan

Endowments, also known as savings plans, require the policyholder to pay a fixed amount for a specified time period (e.g. one-off payment or regularly for 5 to 25 years) and are seen as a disciplined way to save. Endowment plans are offered on a participating basis and will accumulate cash values. You may either receive these cash values at designated policy years or at maturity of policy. Endowments also allow you to surrender your policy and cash out should you urgently require cash.

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