QUOTE(yklooi @ Jun 9 2020, 07:25 AM)

wow, since 2014 you got about 5~6% pa
btw, mind sharing some idea of the rate it gives from 2000 till 2013 for the approximates 6.2k x 13?

according to annual statement it says 6.5%, but really cant calculate like we put in FD
This is insurance, a large portion is consumed along the years...
i bought it as protection in case anything happens to me, the Policy no need to pay anymore
and later can provide income RM5k a year for whole life of that kid.
I made a mistake thinking i paid only RM81+k, actually extended premium from 2010-2013 = 4 extra premiums
so total i paid was RM87.6k
if you use 5% return and put this same amount RM6322 in FD with fixed 5% compounding from 2020
and stop paying from 2014 onwards, the estimated amount by end of 2019 should be around RM164+k
and here i am getting only RM136+k,
lost RM28+k for the protection conferred.