ntuc income capital plus 2019 


NTUC Income Capital Plus 

* UPDATE * [Applications closed as at 17 Sept 2019] 


  • With the closing of this tranche, we are opening applications to the next tranche of Capital Plus which will likely be launched in late Oct / early Nov 2019! 
  • The guaranteed yield is as yet to be confirmed and we will advise all applicants on the yield and obtain confirmation before submitting your application to the next tranche.
  • Get a head start and submit your application now



NTUC Income had launched a new tranche of NTUC Capital Plus (CSN2) in Aug 2019. This tranche was closed for applications by 17 Sept 2019.


NTUC Income Capital Plus is a highly popular 3-year single premium plan that provides a guaranteed return of 2.3% p.a. (CSN2). This is higher than the 1.68% p.a. returns provided by Singapore Savings Bonds.


This tranche can be paid for with cash or your SRS funds.


In addition to the guaranteed return at the end of 3 years, NTUC Capital Plus also includes an additional 5% Death and Total & Permanent Disability benefit cover from the second year.


InsureDIY is the only platform offering NTUC Income Capital Plus with an immediate online process. InsureDIY is an online financial adviser licensed by MAS and we are an approved adviser by NTUC Income.    



Apply for the next tranche with a target launch date in end Oct / early Nov 2019 now!


NTUC Income Capital Plus 

Capital Plus illustration Aug2019




NTUC Capital Plus Application for Oct/Nov 2019 Tranche

NTUC Income Capital Plus
Single Premium Amount(*)
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This is the single premium amount that you will invest into this plan.

Capital Plus can be purchased by cheque or by SRS funds. The cheque must be made payable to “NTUC Income”.
Pay by:(*)
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SRS Operator
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SRS Account Number:
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Please check that your DBS SRS account number has 14 digits.
Please check that your OCBC SRS account number has 12 digits.
Please check that your UOB SRS account number has 9 digits.
About You
Name as in NRIC(*)
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NRIC Number
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Date of Birth
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Resident Status
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Country of Birth
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Nature of Work(*)
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Name of Employer(*)
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Annual Income S$(*)
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Employment Status

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Marital Status(*)
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Upload Picture of NRIC - Front(*)
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Upload Picture of NRIC - Back(*)
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Are you a smoker?(*)

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Contact Details
Please specify your email address.

Handphone No.(*)
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Residential Address
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Postal Code
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Source of Funds
Source of Funds to Pay Premiums(*)

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How did you accumulate your wealth?(*)

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I confirm that I am solely a tax resident of Singapore and do not have a foreign tax residency. My Singapore TIN is my NRIC or FIN.
I am not a Politically Exposed Person (PEP).
I confirm that I am the payor as well as the proposer for this plan.
I am not currently applying for any other Life Insurance policies and I do not intend to replace any of my existing policies with this policy.
I would not like my dependant(s) to be taken into consideration for the needs analysis and recommendation(s).
I wish to receive product advice only and do not need my other insurance plans to be considered for needs analysis.
My financial priority is short-term savings. I prefer fixed income, capital guaranteed products. The return is within my expectations.
I tend to be conservative and would sell my investments to preserve cash in a short-term decline and I am uncomfortable with any loss of capital.
Capital preservation is my priority and my investment time frame is less than 5 years.
There are no events that will affect my financial condition in the next 12 months.
Inflation of 0.4% is reasonable as this was the 2018 CPI
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Where did you hear about us?
Where did you hear about us?

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In the event that Capital Plus is oversubscribed, we will keep you updated on future tranches as these become available.





Key Features of NTUC Income Capital Plus (CSN2)


  •    Guaranteed yield of 2.3% per year
  •    Capital guaranteed upon maturity
  •    Up to 105% of death and TPD benefits
  •    Higher return than bank fixed deposits and Singapore Savings Bonds
  •    3 year policy term
  •    Immediate application online
  •    No medical checkup required
  •    Premiums via cheque to NTUC Income or from SRS to NTUC Income
  •    Limited tranche - selling fast!



motor insurance select Click here to apply for the next tranche of NTUC Capital Plus


Here are some common questions about NTUC Income Capital Plus Plan


1. Is there any difference between buying NTUC Income Capital Plus through InsureDIY or from NTUC Income directly?


InsureDIY is distributing the same product NTUC Income Capital Plus (CSN2) for NTUC Income. However, we are offering exclusive promotions on Capital Plus that are not available anywhere else. We are also the only distributor to offer an immediate online application process. So you will get more value through our promo and you also save time! 



2. Is there a difference between using cash to pay for the NTUC Capital Plus premium versus using my SRS Funds? 


No, there is no difference in terms of the return on the policy. Of course, if you use your SRS Funds to pay for the policy, then the proceeds will be paid back to your SRS Fund. For policholders who pay in cash, the maturity proceeds will be paid by cheque to the policyholder.


3. What is the minimum and maximum premium size for NTUC Capital Plus? 


The minimum premiums size for NTUC Capital Plus is S$20,000. The maximum single premium per insured is subject to financial underwriting.


4. What are the minimum and maximum ages for NTUC Capital Plus?


Insureds from ages 10 to 80 can apply for NTUC Capital Plus.




motor insurance select Click here to apply for NTUC Capital Plus


5. If I am a foreigner, can I apply for NTUC Capital Plus?


Yes. However, you must be residing in Singapore at the time of application. We would need to collect additional documents:


  • Copy of passport with proof of entry 
  • Valid employment pass for those who are working (minimum validity of 6 months prior to expiry)
  • Student pass or dependant pass is required for those who are not working
  • Proof of residential address such as a copy of the utility bills, bank statement or letters issued by statutory or government bodies (dated within past 6 months)


Please do email us the above documents at sg_service@insurediy.com after filling in our online application form here.


6. What if I would like even higher returns on my SRS?


Please remember that the default rate for SRS funds is only 0.05%!


Every day that you do not invest your SRS Funds means that your retirement fund is being eroded by inflation.


If you wish to boost your returns for the short-term, apply for NTUC IncomeCapital Plus.


As your SRS Funds will remain inaccesible to you until retirement, you can consider buying a longer-term SRS insurance products (20 year policy term is the minimum). These products will typically give you a return in excess of 3% and are designed to maximise tax concessions from the SRS. Check out long-term SRS Insurance products here.   




motor insurance select Click here to apply for NTUC Capital Plus



  InsureDIY is an online financial adviser licensed by Monetary Authority of Singapore and we are an approved adviser by NTUC Income. This advertisement has not been reviewed by the Monetary Authority of Singapore.