NTUC Income wishes to make a start. Here are the actual return on our endowment policies maturing in 2006.
Endowment policies maturing in 2006.
Term Taken in Monthly Entry Maturity Yield
premuim age amount
10 yrs 1996 $100 25 $14,800 4.4%
15 yrs 1991 $100 25 $26,600 5.2%
20 yrs 1986 $100 25 $45,800 6.2%
10 yrs 1996 $100 40 $14,600 4.2%
15 yrs 1991 $100 40 $26,100 5.0%
20 yrs 1986 $100 40 $42,200 5.5%
The maturity benefit included the additional bonus distributed on every 5 anniversary.
The actual return on maturity are attractive, varying from 4.2% to 6.2% per annum.
Our maturity values for a 20 year policy is about 15% higher than similar plans
offered by our competitors.
We give a better return to our policyholders, due to lower commission, lower expenses and lower distribution to shareholders.
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