Sure its 2.xx %? Why didn't factor in the GYI for the 10years? Since its guaranteed I thing it should be factored in.

Currently got agent selling this to me, hope get more details before I commit..

the GYI already factored into the surrender value. If you are to take out the GYI the return should lower.
I'm wondering how much is the death benefit given to the RM 12,000/year plan.

lol actually i been contact with hla agent on this product also... but i really terkejut why all so negative feedback here...i haven't joined yet...the agent more emphasize on me joining to sell and promote this product than selling me this product...

so i study it...it seems one of the best forced saving inclusive of protection plan(insurance) in the market right now? think about it...they are paying 5.5% dividend guaranteed yearly from 1st year onwards until maturity...and the 5.5% dividend rate is not on HOW MUCH YOU ALREADY SAVE...ITS PAYED ON HOW MUCH IN YOUR CONTRACT YOU PRMOISE TO SAVE IN 6,9, OR 12 YEARS PLAN... they are basically paying you dividend on your future saving value, not current saving value....which investment vehicle right now able to offer those? i would like to invest oso...

futhermore...why the ppl here bising2 the high commission the agents get paid with this plan...its not stated pun in the product disclosure they deduct your saving premium to pay your agent...its not like unit trust where upfront they tell you gonna deduct 4-6.5% of your capital as fees for the agent and stuff...

those agent are working without basic and im sure hong leong bank pay their commission on an insentive scheme based on the total profit margin enjoyed by the bank as a whole...

if you really kiamsap dont want the agent to get those commission, why not you contact them and instead ask to join under them, buy this saving retirement plan under your own name as agent? sure you get those high commission based on your own investment... so u get high dividend return that payed based on future value, insurance protection and u get hugeee discount bcoz u receive commission from ur own investment as well under ur name as agent...
let say i take 12 years contract plan and to save rm10K annual premium...(6% return p.a as example)
6% P.A
INVEST  RETURN
1)  10000 7200+ SI DEDUCTION RM240 PER MONTH IN SALARY ACCOUNT OR CREDIT CARD
2)  10000 7200
3)  10000 7200
4)  10000 7200
5)  10000 7200
6)  10000 7200
7)  10000 7200
8)  10000 7200
9)  10000 7200
10) 10000 7200
11) 10000 7200
12) 10000 7200
-----------------------
  120000      86400

* I will just banked in the 1st year premium of RM10K...after one year i will receive say 6% dividend based on rm120K future value in contract that i promise to pay....that dividend is RM7200 per annum withdrawable from year 1...then lets say i take the dividend to pay back the 2nd year premium and top up rm2800...which comes up to rm240 salary deduction as saving..... keep paying rm240 per month for the next 12 years...by the 12 year stop paying and you already have fund inside the plan of up to RM120K...

the money you bank in in 12 years= rm10k upfront + rm33600= rm43600 total....after 12 years get return of rm120K....
now you tell me which investment vehicle right now that can beat this plan that i taylor made it myself for retirement plan in 15-20years time???