ntuc income capital plus 2019 CN3 closed 


NTUC Income Capital Plus   

We have now closed our online applications for the Oct 2019 tranche of NTUC Capital Plus (CSN3). 


The next tranche of 3-Year guaranteed return product will be launched by China Taiping Singapore on 2 Dec 2019. The guaranteed yield on China Taiping Singapore's i-Save is 2.32% p.a.. Please click here to apply early. 


Information on NTUC Income's closed Oct 2019 tranche


NTUC Income Capital Plus is a highly popular 3-year single premium plan that provides a guaranteed return of 2.3% p.a. (CSN3). This is higher than the 1.56% 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 adviser platform offering NTUC Income Capital Plus with an online process. InsureDIY is an online financial adviser licensed by MAS and we are an approved adviser by NTUC Income. 


Special Capital Plus InsureDIY Promotion: Get DIY$10 for Single Premium amounts of S$40,000 and above and DIY$5 for Single Premium amounts below S$40,000. 



NTUC Income Capital Plus 

Capital Plus illustration Oct2019




The next tranche of a similar 3-Year guaranteed return product will be launched by China Taiping Singapore on 2 Dec 2019. The guaranteed yield will be 2.32% p.a. Please click here to apply early. 





Key Features of NTUC Income Capital Plus (CSN3)


  •    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 or cashier's order to NTUC Income or from SRS to NTUC Income
  •    Limited tranche - selling fast!



motor insurance select Click here to apply for 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 (CSN3) 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.