Special bonus maintained at 25%

NTUC Income pays a special bonus on maturity and death. This is computed at 25% of the accumulated bonus.

We are probably the only insurer that maintains the special bonus even in difficult times. Other insurers has cut their special bonus on several occasions in past years. Their policyholders will suffer a big cut, if their policies matured in these years. The amount of the cut can be more than 10% of the policy proceeds. That is a lot of money.

NTUC Income prefer to adjust the annual bonus to reflect changes in our investment earnings. This ensures that the adjustment applies fairly to all policyholders and is not borne by the policyholders whose policies mature in the current year.

Our policyholders have found our method to be fairer. We are also able to give a higher return to our policyholders in the past years.