Great News !
NTUC INCOME has just launched a new revolutionary anticipated endowment plan called revosave.
It is simple really. We prepare you for a rainy day with insurance and savings. And when the sun comes out and you are ready to indulge, we will be there with Cash Benefits to give your life an added shine.
revosave is the perfect solution for you, because you do not just want the most out of your money, but also the most out of life.
Maximise your savings for that rainy day
·With revosave, your very affordable monthly premium earns an attractive potential return of 3.7% per annum, so you are better prepared when the going gets tough.
·as an illustration - this attractive 3.7% annual return is based upon a male, aged 30, with a term period of 21 years and paying a monthly premium of $205.30. His sum assured will be $30,000 and projected return is $76,050.
Cash benefits for whatever, whenever
·Starting from the end of your second policy anniversary (or the 25th month), you will receive a guaranteed Cash Benefit at 5% of the sum assured. This is payable at each policy anniversary, up to 120% of the sum assured for the entire policy term.
Grow your returns with investments
·If you would like a shot at higher returns, revosave offers even more flexibility with the option to invest your Cash Benefits in our Combined Funds. Managed by top fund managers worldwide, our Funds hold an excellent track record, with average returns of 10.9% per annum since inception (source: NTUC Income Fund Factsheet for the financial year ended 31 December 2006).
·As a revosave policyholder, you will also get to enjoy a waiver of any sales charge or policy fee for your Investment-Linked account.
Peace of mind with comprehensive coverage
·revosave's insurance coverage provides death as well as permanent & total disability benefits. For greater peace of mind, supplementary benefit riders are available with revosave.
·Savings, investments, protection and the flexibility to manage these as you please, that's revosave - so you can enjoy everything your money can do.
Do feel free to contact me or drop me if you want to have a quotation or want to know more about revosave plan under no obligation of course.
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2 comments:
I wouldn't say that its revolutionary, jus that it gives e ordinary folks another way to save their $, abeit a better choice?
Hi Gregory
Tks for your valuable comments. You are right, revosave is a regular premium savings plan.
To me it is "revolutionary" in the sense that policyholder is given the opportunity to make 3 choices with regard to the use of the guaranteed coupon viz:
[1] you can cash it out and spend
as you desire
[2] leave the coupon with INCOME to
earn interest at prevailing
rate, currently @3.5% or
[3] reinvest in an investment-
linked fund [you get to enjoy
a waiver of any sales charge
or policy fee]
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