Which is better OCBC or NTUC income endowment plans?

I am thinking of putting the OCBC endowment plan whereby put certain amount for 5 years and hold for another 5 years.

Any thoughts on that? Thinking between OCBC or NTUC income endowment saving plans. I’m a low risk taker so not interested in those investments.

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Loh Tat Tian

04 Feb 2021

Founder at PolicyWoke (We Buy Insurance Policies)

You could also explore traded endowments, (endowments which first owner are unable to continue), while you continue with the premiums and final maturity.

PS: I am a founder of a Traded Endowment Broker Policywoke

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Bullythebear

01 Feb 2021

Tutor at Self employed

I think it's important to know if you don't use other instruments, can you still reach your financial goal? It's important to know how much you need, and when, i.e. the end point, so that we can decide the best path to reach it. If you can reach your goals at the end of the day with the least risky instruments, why not? But if you can't, then you either have to raise your risk appetite to get better returns at higher volatility or lengthen the duration to reach your financial goal, or reduce your financial goal.

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Zac

01 Feb 2021

Noob at Idiots Invest

I strongly agree with Andy's answer.

Most important thing is to make sure capital is guaranteed, si...

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