Save As I Like (SAIL) Plan: Retirement Planning Tool Launched By NTUC Income…

Fri, Jan 9, 2009

Insurance, Miscellaneous

NTUC Income has just launched a new single premium endowment plan called SAIL (Save As I Like) plan.

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If you will like to save for your retirement while being protected against Death and Total and Permanent Disability (TPD) at the same time, SAIL (Save As I Like) plan is for you.

The policy term of SAIL is divided into 2 parts:

1) Accumulation Period
Example, you put in a single premium of $100,000 in the plan, leave it and let your money grow till the day you want to retire. (minimum 10 years @ compounded interest of 4.1%/annum)

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2) Payout Period
During the inception of your retirement period, every year, NTUC Income will give you yearly payout for a fixed period of 20 years. Special bonus will be added to the amount. This money can help to pay for your expenses/lifestyle, when you are retired and no longer working.

You can use cash or SRS for this plan.

Call me now at 96520134, and get a mystery gift (quote HelmiHakim.com) should you be interested in using this plan for your retirement. 🙂

 

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A certified financial consultant, Helmi Hakim has won praise for his patience, perseverance and practicality when solving his clients' financial concerns. For more information on how you can manage your finances better, contact Helmi Hakim at 96520134.

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