Singapore Financial Planners

NTUC Income Gro Retire Flex is a participating private annuity plan that allows you to accumulate savings over a period of time and will provide you with a regular income in the future. Here we have a comprehensive overview of the NTUC Income Gro Retire Flex to help you choose the best savings plan. Let us get started. Criteria Because NTUC Income’s Gro Retire Flex is a policy that helps you plan for your retirement, you can choose the retirement period, income payout period, and guaranteed monthly income period. Whereas the minimum entry age starts from 20 years old for policyholders, the maximum entry age is 70 years. You can also choose regular premiums and if you have the ability, you can opt for a one-time single premium payment. The table below illustrates the premium term as a single lump-sum payment or regular payment. Premium Payment Term Minimum Entry Age (Last Birthday) Maximum Entry Age (Last Birthday) Single Premium 20 70 5 years 65 10 years 55

FWD Recover First is a critical illness plan that offers protection against illnesses, impairment, injuries, and disabilities. As well, it’s a standalone and a non-participating policy with regular premium payments that provides coverage against late-stage critical illnesses . In addition, it offers Future Protect Benefits whereby you get the sum assured if there’s an event that affects your health. Also, the Special Benefit coverage pays a lump sum amount if death occurs. Here is a comprehensive review of the FWD Recover First policy including, fees, benefits, and our recommendation. Criteria Minimum sum assured: S$50,000 Maximum sum assured: S$350,000 Premium payments: Monthly, quarterly, semi-annual, or annually   Product Features  Policy Terms Person Insured Policy Owner Minimum Age Entry 30 days 18 years Maximum Age Entry 65 years 100 years   Policy Tenure Premium payment duration (ALB) Minimum policy term Maximum policy term Throug