
Savings vs. Investment-linked
What’s the difference?
Participating Savings Plans
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Premiums go into a participating fund and all participating policyholders share the investment return of the fund
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Insurer may declare guaranteed bonus and non-guaranteed bonus that will be added to your policy
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Usually has a guaranteed cash value
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Unable to vary amount of insurance coverage without revision in premium rates
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Unable to top up investment
Investment-linked Plans (ILP)
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Policyholder chooses which ILP sub-fund to invest in and bears the ILP investment risk
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No guaranteed bonuses and returns are dependent on the ILP sub-fund you invest in
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No minimum guaranteed cash value
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Flexibility to vary insurance coverage for regular premium plans based on changes in financial needs without revision in premium rates
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Flexibility to top up investment on ad-hoc or regular basis and switch funds
Find the right plan.
My plan should
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