Gro Capital Ease

Gro Capital Ease is available at Income branches only. Do note that the availability of the product is not guaranteed as it is issued on a first come, first served basis.

Maximise your wealth for 3 years. More returns than 2 years.

Enjoy a guaranteed maturity benefit of 110.49%[1] of the single premium after 3 years.
Guaranteed acceptance regardless of your health condition.
Enjoy a guaranteed yield at maturity of 3.38% p.a.[2] at the end of the policy term.
Stay protected against death & total and permanent disability (TPD before age 70).
Minimum single premium for online purchase starts at $10,000, payable via PayNow QR, eGIRO or Supplementary Retirement Scheme (SRS) funds. Minimum single premium starts at $20,000 if a purchase is made through a financial advisor representative, payable via Cheque, PayNow QR, Internet Banking, eGIRO or SRS. The maximum single premium limit for each insured is $500,000.
Option to pay premiums using Supplementary Retirement Scheme (SRS) funds.

Let us walk you through Gro Capital Ease.

How to achieve your short-term goals.

How Gro Capital Ease can help you achieve your financial goals

40 years old

Mr Tan, age 40, decides to grow his wealth over a short term period by signing up for Gro Capital Ease with a single premium of $100,000.

At maturity:
110.49%¹
of single premium

43 years old

Upon maturity of his policy, Mr Tan can receive a total guaranteed maturity benefit of $110,487¹ (rounded to the nearest dollar), based on a guaranteed yield at maturity of 3.38% p.a.²

¹The guaranteed maturity benefit of 110.49% (rounded to the nearest 2 decimal places) of the single premium is based on the guaranteed yield at maturity of 3.38% p.a.

²The guaranteed yield at maturity of 3.38% p.a. will be paid out at the end of the 3-year policy term, provided that the insured survives at the end of the policy term, with no policy alterations or claims made during the entire policy term.

Your policy toolkit.

Eligibility and payment frequency

Entry Age

	Minimum	Maximum
Insured	10	80
Policyholder	16	N.A.

If you are making an online purchase, the plan is available to all Singaporeans or PRs between 18 – 80 years old who have a valid NRIC number.
You can only make your payment in a single premium.

Policy conditions

Policy Conditions

Ways to pay for Gro Capital Ease.

Find out how you can make payment for your policy by choosing from the preferred methods below. For other accepted payment modes, you may get in touch with us through your preferred mode of contact atincome.com.sg/contact-us.

Important notes

Footnotes

The guaranteed maturity benefit of 110.49% (rounded to the nearest 2 decimal places) of the single premium is based on the guaranteed yield at maturity of 3.38% p.a.
The guaranteed yield at maturity of 3.38% p.a. will be paid out at the end of the 3-year policy term, provided that the insured survives at the end of the policy term, with no policy alterations or claims made during the entire policy term.

Exclusions

There are certain conditions whereby the benefits under this plan will not be payable. You can refer to your policy conditions for the precise terms, conditions and exclusions of the plan. The policy contract will be issued when your application is accepted.

Important Notes

This page is for general information only. You can find the usual terms, conditions and exclusions of this plan in the policy conditions. All our products are developed to benefit our customers but not all may be suitable for your specific needs. If you are unsure if this plan is suitable for you, we strongly encourage you to speak to a qualified insurance advisor. Otherwise, you may end up buying a plan that does not meet your expectations or needs. As a result, you may not be able to afford the premiums or get the insurance protection you want. Buying a life insurance plan is a long-term commitment on your part. If you cancel your plan prematurely, the cash value you receive may be zero or less than the premiums you have paid for the plan.

This policy is protected under the Policy Owners’ Protection Scheme which is administered by the Singapore Deposit Insurance Corporation (SDIC). Coverage for your policy is automatic and no further action is required from you. For more information on the types of benefits that are covered under the scheme as well as the limits of coverage, where applicable, please contact Income Insurance or visit the GIA/LIA or SDIC websites (gia.org.sg or lia.org.sg or sdic.org.sg).

This advertisement has not been reviewed by the Monetary Authority of Singapore.

Information is correct as at 27 June 2024.