TM Asia Life launched a single premium 5 year plan with min 15k and a guaranteed coupon payout of 2.5%pa for 5 years.
For more info, please visit http://connect.tmasialife.com/public/TMNestEggSPG3.PDF .PDF
A brief description as follows:
Pay 15k to this insurer, get 2.5% ie $375 per year for 5 years.
At the end of the 5 years period, get back the principal ie 15k. The total coupon collected is $375*5 = $1875.
This plan may be suitable for those who can leave the 15k (ie any amount to be invested) aside as an early termination involves penalty ie money received will be LESS than 15k.
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