Not guaranteed! No such thing as guaranteed in insurance saving plan although some parts are guaranteed. Read all terms and conditions before committing, as insurance savings plans are long term planning, not a flexible withdrawal scheme like FD.

I just don't quite understand why insurance advisors like to compare saving plans with FD's. These are products that works on a totally different mechanism.

Insurance saving should not be compared to other financial tools out there. People will not compare Unit Trusts to FDs, or Shares to Gold right? Insurance saving plans is just another financial planning tool to compliment with ones EPF savings where money is locked in a certain period of time and at the end you withdraw.

So regardless of which company one chooses, it still boils down to the same principal - LONG TERM SAVINGS and NOT meant to be withdrawn anywhere in the middle. Also it works exactly like EPF when the policy holder dies, the money will be given to the beneficiary/s without falling to ones estate but other investment vehicle falls into ones estate.

So conclusion, just diversify and see what suits who and what suits what saving/investment portfolio. Remember, regardless of how much insurance savings guarantee or project, this is NOT the place for one to make sky high rocket returns.

So to choose the right insurance saving plan, go for the below approach:
1. The right agent - HOW? Ask him or her to show u the exact official quote from the company he/she represents. Do not believe in whatever Excel format created. Ask him or her the major drawbacks of it, and if they do answer, then u know he/she is professional. Else CABUT!
2. Choose the right commitment term. Terms ranging from 6 yrs to 25 years endownment.
3. Make sure the commitment amount is comfortable to you. Dont pay insurance and left NOTHING to eat!
4. Choose a well known company.

Just my 2 cents. Hope this will help