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Wednesday, September 6, 2006

Thank you for supporting our insurance advisers

I want to thank our policyholders for supporting our insurance advisers.

Our advisers earn a modest commission. It is about half of the commission paid to other company's agents.

The lower commission allows us to reduce our expenses and give you a better return on your life insurance savings.

In most cases, we give 10% to 20% more on the maturity of your policy. If the maturity amount is $100,000, you can get $10,000 to $20,000 more from NTUC Income.

Some companies (not NTUC Income) make unrealistic projections of their return. They pay high commission and incur high expenses. Many years later, they are not able to fulfil their projections. Their policyholders are disappointed, but it is too late.

You can trust NTUC Income. We keep our expenses low and give a better return to our policyholders.

Once again, thank you for your support.

Tan Kin Lian
Chief Executive Officer

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